Financial implications of a change to LIFO inventory valuation
A number of South African companies have, in recent years, changed their method of inventory valuation to the last in, first out (LIFO) technique. The implications of such a change go far beyond merely reducing reported earnings and inventory levels. This article examines the effect of LIFO on some...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
1984-06-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/1106 |