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LIFO Reserve and LIFO Liquidation – CFA Level 1 – Financial reporting and analysis

Posted By aarwinsguidetocfa 542 days ago on Finance

https://aarwinsworldoffinance.com - In the last post, we covered the LIFO and FIFO methods of inventory management. In this post, we move on to cover LIFO reserve and LIFO liquidation. LIFO Reserve As already learned in the previous post, in an inflationary environment ending inventory under LIFO will be lower than under FIFO and COGS will be higher... Read More

The post LIFO Reserve and LIFO Liquidation – CFA Level 1 – Financial reporting and analysis appeared first on Aarwin's Guide to CFA.

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