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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Archived

Effective: 1 January, 2006 - 31 December, 2019

Categories: Private Equity

Source: Interpretive Guidance for Private Equity

How do the GIPS private equity valuation provisions relate to those of regional private equity organizations such as the EVCA, BVCA, PEIGG, etc.?

The GIPS standards seek to encourage convergence of performance standards globally and find common ground in the difficult and subjective area of private equity valuations. The GIPS private equity provisions include a commitment to the fair value approach and provide guidance on a number of issues but do not seek to develop independently a full set of guidelines on valuation methodology.