Accounting with “LIFO” vs. “FIFO”: The devil is in the details
| dc.contributor.author | Lieneck, Cristian H. | |
| dc.date.accessioned | 2024-01-02T21:01:16Z | |
| dc.date.available | 2024-01-02T21:01:16Z | |
| dc.date.issued | 2015-04 | |
| dc.description.abstract | The ongoing collaboration between the International Financial Reporting Standards (IFRS) and Federal Accounting Standards Board (FASB) has tax-related implications for medical group practices. One of the goals of this collaboration — harmonization of accounting standards across countries — has been pursued since post-World War II economic integration. Generally accepted accounting principle (GAAP) negotiations involve increased global transparency and similarity of accounting standard. | |
| dc.description.department | Health Administration | |
| dc.format | Text | |
| dc.format.extent | 4 pages | |
| dc.format.medium | 1 file (.pdf) | |
| dc.identifier.citation | Lieneck, C. H. (2015). Accounting with “LIFO” vs. “FIFO”: The devil is in the details. Medical Group Management Association (MGMA) Connection, 15(3), 26–29. | |
| dc.identifier.uri | https://hdl.handle.net/10877/17867 | |
| dc.language.iso | en | |
| dc.publisher | Medical Group Management Association | |
| dc.subject | cost methods | |
| dc.subject | last-in, first-out | |
| dc.subject | first-in, first-out | |
| dc.subject | accounting | |
| dc.title | Accounting with “LIFO” vs. “FIFO”: The devil is in the details | |
| dc.type | Article |