Financial implications of a change to LIFO inventory valuation
South African Journal of Business Management
| Field | Value | |
| Title | Financial implications of a change to LIFO inventory valuation | |
| Creator | Firer, C. Mowszowski, N. | |
| Description | A number of South African companies have, in recent years, changed their method of inventory valuation to the last in, first out (LIFO) technique. The implications of such a change go far beyond merely reducing reported earnings and inventory levels. This article examines the effect of LIFO on some key financial variables of companies. It also considers the extent to which listed companies in South Africa have communicated with the market in order to ensure that the perceptions of such interested parties as shareholders, lenders and analysts are not distorted by the differing methods of accounting. | |
| Publisher | AOSIS | |
| Date | 1984-06-30 | |
| Identifier | 10.4102/sajbm.v15i2.1106 | |
| Source | South African Journal of Business Management; Vol 15, No 2 (1984); 71-79 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/1106/1047
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