GIPS - Verification

Hi guys,

i never get it with this verification stuff under GIPS. I get confused between the verification at the firm level and what can be done at a composite level for a given period. What is there to know? Does firm verification specify a time period? Can only one composite be verified?

Thank you,

Verification takes place at the firm level and the verification must include the period of compliance covered. This is not verification of a specific composite.

The firm may choose to verify a specific composite, but only after or concurrent with a firm-level exam. In other words, the firm cannot have a specific composite verified without first being verified as a firm.

I guess my topic is not sexy enough to deserve an answer …haha! :slight_smile:


thanks mate