Q & A Database

The GIPS Standards Q&A database contains questions and answers (Q&As) on various searchable topics that provide additional interpretation on an issue. Q&As are considered to be authoritative guidance and must be followed in order to claim compliance with the GIPS standards.

Content from prior Q&As was included in the GIPS Standards Handbook as much as possible and many Q&As were archived. Change the Status drop-down filter to "Archived" to see the archived Q&As.

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Effective

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Archived

Effective: 1 May, 2010 - 31 December, 2019

Categories: General/Miscellaneous

Source: GIPS Executive Committee

In the 2005 edition of the GIPS standards, provision 3.A.6 states, “Convertible and other hybrid securities must be treated consistently across time and within composites.” This provision was deleted from the 2010 edition of the GIPS standards. Does this mean that we no longer have to treat convertible and other hybrid securities consistently?

No. This provision was removed from the 2010 edition of the GIPS standards because the requirement to treat securities consistently is applicable to all security types and is not limited to convertible and other hybrid securities.