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FIFO vs. LIFO method: Definitions, Differences, Examples, Advantages and Disadvantages

FIFO and LIFO are two accounting methods for valuing inventory. FIFO is considered to be superior, but LIFO also has its merits. This post discusses both methods and provides an example that...
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What Are The Software Needs Of Accounting Firms?

Businesses of all sizes depend on accounting firms to help them manage their financial needs. To pro...
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5 Great Reasons To Switch To Cloud Based Accounting

From tech experts to small business insiders, everyone is talking about how 2021 is the year that bu...
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