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

  • Current

    Effective: 1 March, 2022
    Categories: GIPS Reports
    Source: GIPS Standards Technical Committee

    We would like to update our GIPS Reports shortly after year end. However, our performance is not finalized until several weeks after year end. We would like to identify the newly-added annual information as “preliminary” and explain that preliminary performance is subject to change until final reconciliations are done. May we do this?

    Firms may include preliminary performance in a GIPS Report and identify it as “preliminary” as long as doing so would not result in presenting performance that is false or misleading. Firms are reminded that if any changes in performance or other information in a GIPS Report are made when performance is finalized, the changes are subject to the firm’s error correction policies and procedures.