Reading 5- The GIPS Standards

Question 1

Describe the key features of the GIPS standards and the fundamentals of compliance.

Answer 1

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Question 2

Describe the scope of the GIPS standards with respect to an investment firm’s definition and historical performance record.

Answer 2

1

Question 3

Explain how GIPS standards are implemented in countries with existing standards for performance reporting and describe the appropriate response when the GIPS standards and local regulations conflict.

Answer 3

1

Question 4

Describe the 9 major sections of the GIPS standards.

Answer 4

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