June 2007 Alert
The Leading Provider For GIPS Compliance Verification

SERVICES

Below is a list of services included in all verifications.

  1. Pre-verification services – If needed, ACA first will advise your firm on how to best attain compliance before the verification begins.
  2. Consultations – If any shortfalls are discovered during the verification, ACA helps your firm fix the situation, as opposed to halting the process and abandoning the firm until the problem is solved.
  3. Develop Internal Processes – ACA helps your firm develop efficient processes that will facilitate compliance in the future.
  4. Checks and Balances – ACA performs its rigorous framework of tests and diagnostics on your firm’s composites, data and presentations in order to verify full compliance.
  5. Client-Defined Issues – ACA’s expertise enables it to consult on client-specific issues whether they are operational or managerial.
  6. GIPS® Advertising Guidelines – ACA can recommend ways for the firm to market its compliant and verified returns with respect to the GIPS® advertising guidelines.
  7. SEC Performance Disclosures – ACA provides an SEC advertising checklist and has the know how to provide consultation on SEC-related matters.
  8. Verification Statement – The end result of the verification is a written verification statement, which attests to your firm’s claim of compliance.
  9. Documentation – When the verification is complete, ACA leaves your firm a notebook containing pertinent verification documents. This substantiates for any questioning party your firm’s claim of compliance and verification.

To summarize, ACA leverages its experience and does whatever it takes to help your firm. The verification statement is the written work product, but ACA also provides your firm with the intangibles listed above, which allow you to attain compliance.