Next In, First Out: NIFO Valuation Explained, with Example

Discover NIFO, a unique inventory valuation method based on replacement cost instead of original cost, its working mechanism, ...
Auto Remarketing

Fleetio unveils LIFO / FIFO parts inventory valuation methods

Accounting and parts tracking can be some of the most challenging chores for fleet managers. To help, Fleetio added new inventory valuation methods to its list of offerings on Tuesday — LIFO / FIFO ...
Houston Chronicle

Inventory Costing Methods Accounting Under a Perpetual Inventory System

Determining the cost or valuation of inventory held in a company is an important management task. Inventory often represents a large portion of total assets on the balance sheet and the method used to ...
TechRepublic

Inventory Accounting: Methods & How It Works

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...
Hosted on MSN

FIFO vs. LIFO Inventory Valuation

How LIFO and FIFO accounting methods impact a company's inventory outlook Fact checked by Suzanne Kvilhaug Reviewed by Natalya Yashina All companies must determine how to record the movement of their ...
Houston Chronicle

How Different Inventory Methods Can Affect Net Income

Inventory includes raw materials, partially finished goods and finished goods. A retail business may have finished goods awaiting shipment, while a manufacturing business may have raw materials and ...
NerdWallet

FIFO vs. LIFO: How to Pick an Inventory Valuation Method

Wondering about FIFO vs LIFO? Learn about the two inventory valuation methods and which one is best for you. Many, or all, of the products featured on this page are from our advertising partners who ...