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

Will the GIPS private equity provisions provide assurance of comparability between funds?

The provisions should ensure consistency in the presentation of the most important performance measures. Interim valuations will remain subjective and precise comparability cannot be assured. Marking to Fair Value is, however, designed to give a much more consistent approach to valuation and thereby improve comparability.