Last In, First Out (LIFO)

RECENT NEWS
Forbes  May 1  Comment 
If Trump wants to be measured in terms of how effective he is in keeping U.S. businesses, workers and consumers up at night and our trading partners on their toes he is on the “right” track. But if he is interested in enhancing U.S. global...
Motley Fool  Mar 20  Comment 
Two different methods can lead to big tax differences.
SeekingAlpha  Sep 18  Comment 
By The Motley Monetarist: Lifo v. Fifo: The dying gasp of a beloved accounting practice? The Obama administration has been proposing, since 2011, in order to ease the transition of US companies from Gaap to IFRS, to repeal Lifo as an inventory...
Wall Street Journal  Dec 1  Comment 
Is the White House's deficit-reduction commission filled with oil bulls? The potential impact of a proposal to eliminate last-in-first-out, or LIFO, accounting for inventories could be significant.
StreetInsider.com  Sep 14  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Guidance/Nucor+%28NUE%29+Guides+Q3+EPS+Well+Below+the+Street+Amid+Larger-Than-Expected+LIFO+Charge/5967389.html for the full story.
Reuters  Jul 29  Comment 
Poland's top refiner PKN Orlen's second quarter LIFO operating profit stood at about 700 million zlotys ($227.7 million), the company said in a statement on Thursday. (Reporting by Kuba Jaworowski)
StreetInsider.com  Mar 18  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/General+Cable+%28BGC%29+Changes+Inventory+Accounting+from+LIFO+to+Average+Cost/5449680.html for the full story.
Metal Bulletin  Mar 16  Comment 
Last-in, first-out (Lifo) inventory charges of some $23 million are expected to put a lid on Nucor Corp.?s first-quarter earnings.




 
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