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To GIPS or not to GIPS, that is the question. Or else send tips for gips.
I've done a decent job at finishing up my studying, only GIPS and a second run of Ethics left. But GIPS, omg, I thought Ethics was bad. It seems that all you do is memorize the shit out of every rule, and even then it's not enough because some rules are compulsory and some are just recommended? Which seems quite important since I've seen many questions that ask 'is person X in breach of GIPS' which means if it's just a recommended rule they're allowed to ignore it!
I just wanted to check with the people here whether is GIPS skippable? I know we're not supposed to bla bla bla, but honestly given the amount of work I'll have to put in and the weighting given, it doesn't seem worth it to me at least at L1. How is GIPS at L2 and L3, does it become more important?
If it is NOT skippable, lord jesus does anyone have any tips. Send tips. please...