I read the CFAI GIPS section about 2 months ago. If history holds, they will be asking 1 item set on this.
In mocks/practice, it seems that I can use common sense on 2 of the questions and largely guess on the other 4, yielding a 3/6 or even a 4/6. Since it is CFAI, there are usually 2 questions per item set where you will struggle, even if you know the material very well.
Given all of this, I do not plan on putting much more time into GIPS for what will be a 1 or 2 question bump in the end - if I am lucky.
The majority of the curriculum topics have decent crossover between topics and the AM and PM sections, so they cannot be ignored. But I fail to see the reward of knowing GIPS cold.
In mocks/practice, it seems that I can use common sense on 2 of the questions and largely guess on the other 4, yielding a 3/6 or even a 4/6. Since it is CFAI, there are usually 2 questions per item set where you will struggle, even if you know the material very well.
Given all of this, I do not plan on putting much more time into GIPS for what will be a 1 or 2 question bump in the end - if I am lucky.
The majority of the curriculum topics have decent crossover between topics and the AM and PM sections, so they cannot be ignored. But I fail to see the reward of knowing GIPS cold.