Kategori Arşivleri: Bookkeeping

LIFO Reserve Overview, Formula, Journal Entry

LIFO is banned under the International Financial Reporting Standards that are used by most of the world because it minimizes taxable income. That only occurs when inflation is a factor, but governments still don’t like it. In addition, there is the risk that the earnings of a company that is being liquidated can be http://www.naukakaz.kz/edu/partnery-fonda […]