by admin | Sep 8, 2010 | GIPS, Global Investment Performance Standards
When I was in the Field Artillery (many years ago), a gun battery would, once it had established a new position, orient their weapons to adjust for any misalignment which may have taken place since the last time they had been calibrated. This way, if a howitzer was...
by admin | Sep 1, 2010 | GIPS, Global Investment Performance Standards
We are often asked to review a firm’s performance measurement system, to ensure that the formulas are correct to possibly opine in writing on its value to identify opportunities for improvement. We do this for software vendors, custodians, asset managers, and...
by admin | Aug 31, 2010 | GIPS, Global Investment Performance Standards
The Global Investment Performance Standards (GIPS(R)) requires firms to report their “firm assets” as part of each composite presentation. But many people have advisory accounts…should these assets be included? First, what are advisory accounts?...
by admin | Aug 27, 2010 | GIPS, Global Investment Performance Standards
Earlier this month I posted about the issue of firms wanting their returns “audited” when they have a GIPS(R) (Global Investment Performance Standards) verification conducted. At that time I mentioned that I had asked a couple of CPA colleagues their...
by admin | Aug 26, 2010 | CIPM expert, composite asset, firm assets, GIPS
Recently I received a question from one of our verification clients regarding what I call “in transition” assets – basically accounts that are in the process of moving from one category to another with respect to the firm’s GIPS compliant...
by admin | Aug 24, 2010 | GIPS, Global Investment Performance Standards
I don’t know about you, but I was a bit confused by the GIPS(R) (Global Investment Performance Standards) requirement that compliant firms must disclose that additional information regarding policies to calculate and report returns is available upon request (see...
