Discuss fifo vs lifo and goodwill


Assignment

This week focuses on two other topics: FIFO vs LIFO and Goodwill: US GAAP/IFRS

Your comments should include how these accounting issues affect the financial statements:

which financial statements? How? What are the resulting differences?

Critical Thinking

What is most important? What is the greatest impediments?

What does it mean to be a professional skeptics?

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Microeconomics: Discuss fifo vs lifo and goodwill
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