Firms claiming GIPS compliance must make every reasonable effort to provide a compliant presentation to which of the following?
B is correct because GIPS standards (0.A. 9) state “firms must make every reasonable effort to provide a compliant presentation to all prospective clients. As long as a prospective client has received a compliant presentation within the previous 12 months, the firm has met this requirement. It is a GIPS recommendation, not a requirement, that all clients receive a compliant presentation on an annual basis (0.B. 4).