Using the LIFO inventory method typically means that you report less profits. The "Last In, First Out" inventory method has been hotly debated at the federal level.

Wild swings in margin estimates under RIM calculations led Walmart executives to pull their profit guidance in May.

NVDA rides AI momentum, Walmart gains on e-commerce strength, and CAT eyes global demand despite tariff risks.

The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out (FIFO) or last-in-first-out (LIFO). In times of rising prices, FIFO typically results ...

A FIFO supervisor has shared his best advice for others who want to land a high-paid mining job.

Mineral Resources (MinRes) has formally opened its Mungala Resort to provide accommodation for its fly-in fly-out (FIFO) workers amid accommodation challenges in Western Australia's resources sector.

The numbers tell a compelling story. Right now, there are over 10,000 FIFO jobs available across Australia, compared to just a few hundred in New Zealand. For Kiwi workers willing to pack their ...

FIFO workers are being offered perks like five-star meals as a drawcard to the job. AddedNov 27th, 2023 A young man lured with $50,000 to pay off gambling debts will spend years in jail after ...

They gave the over-under. The position of a toilet paper roll may seem innocuous, but TP trustees have long been embroiled in a heated debate over the proper angle of the next square. There are ...

Byron Haddow’s family reveal son’s last message before Bali death The grieving parents of a 23-year-old Noosa FIFO worker have spoken about their agonising fortnight as they wait for his body ...