Companies can pay off callable bonds earlier than their final maturity date, and so the total interest can be less if the company exercises its right to do so. Similarly, convertible bonds give investors the chance to convert their bonds to stock in a company, and some bonds give bondholders the right to choose the […]

While FIFO refers to first in, first out, LIFO stands for last in, first out. This method is FIFO flipped around, assuming that the last inventory purchased is the first to be sold. LIFO is a different valuation method that is only legally used by U.S.-based businesses. Practical Application and Best Practices If inflation is […]

If you choose to opt for the FIFO inventory valuation method, your business will comply with the IFRS and present a more realistic picture to potential investors or buyers. In the case of price fluctuations, you’ll need to calculate FIFO in batches. For example, let’s say you purchased 50 items at $100 per unit and […]