Great article on "hacking" GIPS

[daharmattan1]

Hey,
I thought there was a pretty good read on cutting through some of the GIPS memorization and zeroing in on core principles here.
Key takeaways:

• Main idea of the entire section is to make presentation results more clear and compelling for clients. So use the same general guidelines as in Ethics for understanding intent
• The trend is towards stricter and stricter reporting requirements. So what used to be quarterly is now monthly. What used to allow for estimated Cash flows (Dietz/Modified Dietz) now requires TWRR etc

Then has a nice section on memorizing the column headers and key reporting requirements.