In this situation, many companies make the f irst- i n, f irst- o ut ( FIFO
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In this situation, many companies make the f irst- i n, f irst- o ut
( FIFO ) assumption, for financial accounting purposes only. They assume that the goods that came into the inventory [first / last] are the [first /
last] to move out.
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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