CFA Level 1: Study Session 1. Ethical and Professional Standards - Reading 4. Introduction to the Global Investment Performance Standards (GIPS)

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	1. Why were the GIPS Standards Created? a. explain why the GIPS standards were created, what parties the GIPS standards apply to, and who is served by the standards;
	2. Parties Affected by GIPS a. explain why the GIPS standards were created, what parties the GIPS standards apply to, and who is served by the standards;
	3. Composites b. explain the construction and purpose of composites in performance reporting;
	4. Verification c. explain the requirements for verification.

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