kkn006

The firm want to be compliant with GIPS since 2013. Does it mean they want to show the compliance statement on their performent presentation and marketing documents…since 2013?
They can do whatever they want in the current performance statement now (2012 and prior..). Make sure that they do not attache a compliance statement….
If they currently do not present as compliant with GIPS, then…in 2013, when they want to do it, they have to recalcualate and represent the performance statements….to comply all requirements
So, they should comply now to avoid restate in future….