In the past it was common for the exposure draft to be provided in a red-lined format, so that readers could more easily see what wording has been changed, added, or removed. In the case of the 2020 GIPS Standards Exposure Draft, this wasn’t a good idea, given the massive amount of changes that are being made.
The entire document has been reconfigured. For example, there used to be a Chapter 0, which has gone completely away. In addition, where there was essentially one set of rules, now there are three, depending on the organization claiming compliance:
This segregation of the rules is doing two things:
To help navigate the document, the provisions include references.
Unfortunately, items that were removed are not always identified, so in these few cases, the reader must already be familiar with what is in the current Standards or have a copy handy to review alongside the Exposure Draft.
The Exposure Draft includes over 40 “Requests for Comment.” E.g.,
These are proposed changes that the GIPS EC are particularly interested in getting comments on.
First, you are not obligated to comment on all requests for comment.
Second, you can comment on anything you wish. This means you can comment on proposed changes that don’t include a request for comment.
The important thing is to comment. You can say what you don’t like as well as what you do like. You can offer recommendations on things that aren’t addressed, too. Consider this to be quite open in terms of what you can share.