Discover how Dollar-Value LIFO works in inventory accounting, its advantages in inflationary times, and its impact on financial statements and tax savings.

Firms face the challenge of determining the value of stock held in their warehouses. Most firms value their inventories once per year. The process of counting inventory disrupts the activities within ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Amy is an ACA and the CEO and founder of OnPoint Learning, a financial training company delivering training to ...