AICPA Issues Statement of Position on Global Investment Performance Standards
February 3, 2020
The AICPA has issued Statement of Position (SOP) 20-1, Reporting Pursuant to the
2020 Global Investment Performance Standards.
The SOP provides guidance on practitioners’ engagements related to examining and
reporting on (1) “aspects of a firm’s claim of compliance with the 2020 edition of
the GIPS standards (a verification)” and (2) “any of the firm’s composites or pooled
funds and their associated GIPS reports (a performance examination).”
For more information, see SOP 20-1 on the AICPA’s Web site.