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.
The GIPS Standards Helpdesk is available for individual questions and typically responds to inquiries within 3 business days.
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ArchivedEffective: 1 June, 2005 - 31 December, 2013Categories: Changes to the Standards: 2006 GIPSSource: Investment Performance Council (IPC)
We currently comply with the GIPS standards. Please explain when we must comply with the revised version of the GIPS standards (adopted February 2005).A firm that claims compliance with the GIPS standards must comply with all of the requirements of the revised version of the GIPS standards by their effective date – 1 January 2006. Earlier adoption of the revised version of the GIPS standards is encouraged. All presentations that include performance results for periods after 31 December 2005 must meet all the requirements of the revised version of the GIPS standards. Performance presentations that include results only up to 31 December 2005 may be prepared in compliance with the previous version of the GIPS standards.