description: The first detailed, practical guide to the complex financial and tax requirements of the LIFO inventory method. Aimed at retailers who already use LIFO and those considering its adoption, it shows how to adopt LIFO, make LIFO computations, and forecast LIFO adjustments--in short, it provides ways to make LIFO simpler. Topics include inventory accounting issues, methods used to analyze and forecast LIFO inventory adjustments using the BLS Index and the conventional Retail Inventory method, solving specific problems unique to the retail industry, and more.
language: English
title: LIFO for Retailers: A Business, Financial, and Tax Guide
titlecomplete: LIFO for Retailers: A Business, Financial, and Tax Guide
publisher: *Ronald Press