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 - 30 April, 2013Categories: Cash FlowSource: Investment Performance Council (IPC)
We have been verified for compliance with the AIMR-PPS standards through 31 December 2004. We are planning to comply with the GIPS standards as of 1 July 2005. We are planning to have our yearly verification done in March 2006. Should the verification report refer to standards for all periods, or to GIPS standards for some periods and AIMR-PPS standards for others?
Once a firm has taken advantage of the reciprocity allowance for CVGs, all future references should be to the GIPS standards, and not to the AIMR-PPS standards or another CVG.