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Ruthlessbaby · 2020年09月28日

问一道题:NO.PZ2016031101000034 [ CFA III ]

问题如下:

Renner, Williams & Woods decides to have its equity and balanced composites verified. Because the firm has only a handful of fixed-income accounts and does not present fixed-income management results in marketing materials shown to prospects, management decides that it would be a waste of time and money to hire a verification firm to verify such a small composite. Is it possible for Renner, Williams & Woods to obtain a firm-wide verification that covers only the equity and balanced composites?

解释:

Under the GIPS standards, a single verification report is issued with respect to the whole firm. Verification cannot be carried out on a composite, and, accordingly, does not provide assurance about the performance of any specific composite. Firms must not state that a particular composite has been "verified" or make any claim to that effect (See IV.A.3). A qualified verification firm would not accept an assignment from Renner, Williams & Woods to conduct verification only with regard to the firm’s equity and balanced account composites while excluding the fixed-income composites from the scope of the verification. (See Section 6 of the reading.)

宣称遵守GIPS可以是公司可以是composite,但是verified必须是公司,对吗?

1 个答案

韩韩_品职助教 · 2020年09月30日

嗨,从没放弃的小努力你好:


同学你好,不管是宣称GIPS还是verification, 都必须是公司层面的,不能单独composite. 这些知识点我们在上课都强调过哈,建议再听一下课程。


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加油吧,让我们一起遇见更好的自己!


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