FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, ...

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...

Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and ...

Grocery stores typically place older products in front. New research suggests the opposite approach actually works best.

National security, unlocked. Each Thursday, host Mary Louise Kelly and a team of NPR correspondents discuss the biggest national security news of the week. With decades of reporting from battlefields ...