2025 CFA Level I Exam: Topic 10. Ethical and Professional Standards - Learning Module 4. Introduction to the Global Investment Performance Standards (GIPS)

CFA Exams
2025 Level I
Topic 10. Ethical and Professional Standards
Learning Module 4. Introduction to the Global Investment Performance Standards (GIPS)

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	1. Why were the GIPS Standards Created? explain why the GIPS standards were created, who can claim compliance, and who benefits from compliance
	2. The Key Concepts of the GIPS Standards describe the key concepts of the GIPS Standards for Firms
	3. Composites explain the purpose of composites in performance reporting
	4. Fundamentals of Compliance describe the fundamentals of compliance, including the recommendations of the GIPS standards with respect to the definition of the firm and the firm's definition of discretion
	5. Verification describe the concept of independent verification

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