Q & A Database

The GIPS Standards Q&A database contains questions and answers (Q&As) on various searchable topics that provide additional interpretation on an issue. Q&As are considered to be authoritative guidance and must be followed in order to claim compliance with the GIPS standards.

Content from prior Q&As was included in the GIPS Standards Handbook as much as possible and many Q&As were archived. Change the Status drop-down filter to "Archived" to see the archived Q&As.

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Effective

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Archived

Effective: 1 March, 2006 - 31 December, 2019

Categories: Advertising

Source: GIPS Handbook, 2nd Edition

Firm B presents its performance history since its inception in 1996 and claims compliance with the GIPS standards. However, the firm did not include all portfolios in composites for the period prior to 2000. What disclosure is necessary?

Sample Disclosure: “Performance results prior to 1 January 2000 are not in compliance with the GIPS standards as the firm did not include all portfolios in composites on a firmwide basis.”