CFA CFA Level 1 LOS command words and relevance of GIPS sections

LOS command words and relevance of GIPS sections

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    • neptunhiker
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      Hi,

      Learning Outcome 4d. says: “describe the nine major sections of the GIPS standards.” At the same time they are marked as optional content. Isn’t that a conflict? What does “describe” mean? The LOS command word list says: “To portray in words”. What exactly does that mean? As I understand it , I only have to memorize the 9 sections and be able to name them, since the content is optional. Other thoughts on that? Thanks.

    • hairyfairy
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      Yeah sounds like at most you need to know what they are and roughly what they’re about.

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