GIPS question question, prepared, Because, company, current

pacmandefense

ABC corp established since 1986. The firm become GIPS-compliant on 1/1/2001 and prepared composite performance presentation for the period 1996-2000 period (in compliance with GIPS).
Assum now is 2013…
Because of poor performance for period prior 2001, the company drops figures for the period (1996-2001) from their current presentation (just show performance start from 2002 to 2012).
Does this comply with GIPS?

andytrader

Yes for presentation….but that performance will still be in their since inception track record number right?? So they aren’t really fooling anyone with that, but maybe their 1-3-5-10 year numbers will look great

PalacioHill

it sounds ok, but dropping return periods because of poor performance does not exactly meet the spirit of fair representation and full disclosure.