Explain what the Global Investment Performance Standards (GIPS) are and carefully discuss three (3) main reasons why they are needed.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Explain what the Global Investment Performance Standards (GIPS) are and carefully discuss three (3) main reasons why they are needed.

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