When the firm is verified, the definition of the firm (3d definition) :
“Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis, and (2) the firm’s processes and procedures are designed to calculate and present performance in compliance with the GIPS standards. The [insert name of composite] composite has been examined for the periods [insert dates]. The verification and examination reports are available upon request.” What I do not understand is they say that they cannot verif a single composite and here the last line reads the opposite?