ABC corp established since 1986. The firm become GIPS-compliant on 1/1/2001 and prepared composite performance presentation for the period 1996-2000 period (in compliance with GIPS).
Assum now is 2013…
Because of poor performance for period prior 2001, the company drops figures for the period (1996-2001) from their current presentation (just show performance start from 2002 to 2012).
Does this comply with GIPS?