On June 30, 2019, the CFA Institute released the 2020 version of GIPS. GIPS 2020 has introduced numerous changes to improve the standards, ease the burden of compliance, and make the process more relevant for many firms in the investment industry. These changes are significant. If you currently claim compliance or are thinking about becoming compliant, you will be impacted by the new standards.

Kreischer Miller is a leading independent accounting, tax, and advisory firm providing GIPS compliance, operational due diligence, and audit and tax services for investment firms and asset owners. Our team has significant technical knowledge of the GIPS standards derived from our experience in performing GIPS engagements and actively participating in the GIPS standard setting process.

We have created this overview of the most significant changes coming out of GIPS 2020 so you can begin to determine how these new standards will impact your organization.