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The Positive Outlook Of The Last In First Out Inventory Methods

Peter Harris & Anthony Harris

Journal of Business and Economics Research2016https://doi.org/10.19030/jber.v15i1.9852article
ABDC C
Weight
0.34

What the paper says

Until very recently, the Last In First Out method (LIFO) was under severe scrutiny from the financial community, and its repeal as an acceptable accounting method seemed imminent. There were pressures from the Securities and Exchange Commission and the International Financial Accounting Standards Board to standardize accounting standards worldwide. In addition, there were political pressures imposed by US Congress to raise additional revenues. Both groups strongly oppose LIFO. However, an SEC Report issued in July 2012 has greatly renewed the lifeline of LIFO indefinitely. In the unlikely case of its ultimate repeal, the author presents some tax opportunities available in this transition period.

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https://doi.org/https://doi.org/10.19030/jber.v15i1.9852

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@article{peter2016,
  title        = {{The Positive Outlook Of The Last In First Out Inventory Methods}},
  author       = {Peter Harris & Anthony Harris},
  journal      = {Journal of Business and Economics Research},
  year         = {2016},
  doi          = {https://doi.org/https://doi.org/10.19030/jber.v15i1.9852},
}

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The Positive Outlook Of The Last In First Out Inventory Methods

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Evidence weight

0.34

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.21 × 0.4 = 0.08
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.