GIPS Glossary and Appendix

CFA Level I Ethics
#1

Will they be in the exam?

#2

No. Only material based on the below learning outcomes will may be tested. Just the BASIC knowledge is required for Level I.

The candidate should be able to:

  1. describe the key features of the GIPS standards and the fundamentals of compliance;
  2. describe the scope of the GIPS standards with respect to an investment firm’s definition and historical performance record;
  3. explain how the GIPS standards are implemented in countries with existing standards for performance reporting and describe the appropriate response when the GIPS standards and local regulations conflict;
  4. describe the nine major sections of the GIPS standards.

Extracted from CFA Program Curriculum Level I Book 1 (2015)