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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1 Result
  • Archived

    Effective: 1 June, 2005 - 30 November, 2012
    Categories: Changes to the Standards: 2006 GIPS
    Source: Investment Performance Council (IPC)

    We currently claim compliance with the AIMR-PPS standards and first claimed compliance in 1993. How do we take advantage of the historical reciprocity and claim compliance with the GIPS standards? Must we make any disclosures concerning our prior compliance with the AIMR-PPS standards?

    No additional disclosures are required. Any firm that previously claimed compliance with an IPC-endorsed Country Version of GIPS (CVG) may consider CVG compliance to equal GIPS compliance for all periods prior to 31 December 2005. To continue to claim compliance with the GIPS standards a firm must comply with the revised version of the GIPS standards (February 2005) beginning 1 January 2006. Early adoption of the changes is encouraged.