The Changing LIFO-FIFO Dilemma and Its Importance to the Analysis of Financial Statements (Last in First Out-First In First out) The Changing LIFO-FIFO Dilemma and Its Importance to the Analysis of Financial Statements (Last in First Out-First In First out)

The Changing LIFO-FIFO Dilemma and Its Importance to the Analysis of Financial Statements (Last in First Out-First In First out‪)‬

Academy of Accounting and Financial Studies Journal 2010, Jan, 14, 1

Academy of Accounting and Financial Studies Journal
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Publisher Description

This paper examines how the probable demise of the LIFO inventory costing method will affect companies currently using LIFO as well as the financial analysis of those companies. Key financial ratios are examined along with how these ratios may be affected by the switch away from LIFO. A mixed bag of changes to key ratios, both improvements and deteriorations, are presented, along with a discussion of more complex topics for whom the impact of these changes are less clear. INTRODUCTION AND BACKGROUND

GENRE
Business & Personal Finance
RELEASED
2010
1 January
LANGUAGE
EN
English
LENGTH
17
Pages
PUBLISHER
The DreamCatchers Group, LLC
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
283.9
KB

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