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: Verification

Source: Guidance Statement on Verifier Independence

If the verification firm provides a spreadsheet template to a verification client to help in the calculation of asset-weighted standard deviations for inclusion in a composite presentation, does that create an independence issue?

Merely providing a spreadsheet template to a verification client that includes calculation examples does not automatically create an independence issue, as long as the client assumes full responsibility for the calculation methodology.