- CFA Exams
- Dec. 2020 Level 1
- Study Session 1. Ethical and Professional Standards
- Reading 4. Introduction to the Global Investment Performance Standards (GIPS)
Reading 4. Introduction to the Global Investment Performance Standards (GIPS)
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Learning Outcome Statements
| Reading 4. Introduction to the Global Investment Performance Standards (GIPS) | |
|---|---|
| 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. |