标题: GIPS - 5Y to 10Y [打印本页] 作者: cjs238 时间: 2011-7-11 19:38 标题: GIPS - 5Y to 10Y
Under the GIPS standards, we must present at least 5 years of GIPS compliant performance data, then gradually increase this to up to 10 years.
Question is after the first 5 years of GIPS compliant data, must you increase this to up to:
a) 10 historical years (including these first 5 years)
b) 5 future years (plus these first 5 years to make it 10 years in total)
c) a mixture of historical and future years as long as it adds up to 10 years in total
This is a genuine question I have - not from any MC test!作者: bboo 时间: 2011-7-11 19:38
my understanding is B作者: skycfa 时间: 2011-7-11 19:38
If firm claims GIPS compliance since 2000, and we are now in 2010, firm only needs to show GIPS compliant data from 2005-2009 inclusive (5 years).
Question is by 2012 for example, must they show 2003-2012 (10 years), or just 2005-2012 (8 years then 2013 and 2014 in the future to make it 10 years)?作者: dyga 时间: 2011-7-11 19:38
Another hypothetical - your composite/firm was founded in 2002. It is now 2010, and you want to become GIPS compliant. You don't have very good accounting records in 2004. Can I just show performance from 2005-2010 (6 years) and claim GIPS compliance?作者: bkballa 时间: 2011-7-11 19:38
Can you start with 6 years of GIPS compliant data, instead of starting with 5 years?
The GIPS standards say at least 5 years, right?作者: bodhisattva 时间: 2011-7-11 19:38
I believe (not 100%) if they've been GIPS compliant for all 10 years, then yes, they must show 10 years.作者: liangfeng 时间: 2011-7-11 19:38
No, but I thought it was AT LEAST 5 years. If they were GIPS compliant for 20 years, they only show 5 years right?
Am getting confused now!!!!!!!!作者: Windjammer 时间: 2011-7-11 19:38
if they've been GIPS compliant for 20 years, they can show the latest 10 years worth of performance record.. no less..
however, if they have only been compliant 3 years - 3 years is enough... if they've been compliant 8 years - show 8 years..
by they way, is it true or false - "you have only one year to make your firm GIPS compliant"作者: Colum 时间: 2011-7-11 19:38
If you are gips compliant and you acquire a non-gips compliant firm, then TRUE - you have one year to make the firm gips compliant.
