And as you know, there is a convergence here in terms of reporting requirements towards FIFO -- first in, first out -- as opposed to last in, last out.
In terms of accounting policies, firms using the last-in, first-out (LIFO) inventory cost valuation are more closely matching costs and prices in an inflationary environment.
Mr. Van Hollen also draws a bead on the last-in, first-out accounting method known as Lifo.
WSJ: Merrill Matthews: About Those Tax Breaks for Big Oil . . .
In 2011, city officials tried unsuccessfully to convince the state to change a "last-in-first-out" rule that dictates newer teachers must be laid off before those with more time on the job.
There is a debate to be had about compensation, last-in-first-out, and tenure.
Repeal the Last-In, First-Out (LIFO) method of inventory.
FORBES: Senate Proposal For Tax Reform, Part 1: The Buffett Rule Becomes (Proposed) Reality
King then swung a deal with Atlanta for Joe Johnson, re-signed Gerald Wallace, whom he acquired last February from Portland in exchange for a first-round draft pick that turned out to be Damian Lillard.
Italy, who finished next to last in their first-round group and then upset Germany in an elimination game, edged out Greece 62-59 in the last quarter-final.
The hosts had needed a further 89 runs to avoid the follow-on, but were bowled out 21 minutes before lunch, losing their last five first-innings wickets in the space of 23 overs.
Houllier's long-awaited return to Anfield was even more emotional, taking his seat in the dug-out for the first time since his illness in the Champions League qualifier against AS Roma last month.
Nato has been in charge of the international peacekeeping force in Afghanistan since late last year, its first so-called out-of-area mission.
In last night's vote, 39 of the 186 crossbenchers turned out - compared to 68 in the first of last week's government defeats.
In the U.S., 11 companies were selected last year for the accelerator's first three-month class in Seattle, out of nearly 500 applicants.
The first, a 583-unit building, went on sale last January and sold out in seven weeks.
Last week, the Bush campaign rolled out its first ads -- in English and in Spanish.
Real estate prices extended their rally in 62 out of 70 Chinese cities last month, with first-tier cities leading the gains, the National Bureau of Statistics (NBS) said Monday.
The final instalment of the series, Deathly Hallows, has sold 44 million copies since it came out last summer - including 15 million in the first 24 hours, the magazine said.
Real estate prices extended their rally in 62 out of 70 Chinese cities last month, with first-tier cities leading the gains, the National Bureau of Statistics (NBS) said on March 18.
In support of these efforts, last October I launched the Shared-First initiative to root out waste and duplication across the Federal IT portfolio.
Last year, when Facebook first started rolling out its facial recognition-based photo-tagging feature in Europe, our friends across the Atlantic flipped out.
FORBES: Germany Is Freaking Out About Facebook's Facial Recognition Feature (Again)
Ivan Klasnic, with five goals in his last nine matches, brought the first save out from Bunn following Tamir Cohen's cut-back.
Vettel made up 18 points last weekend at Spa when the Spaniard crashed out in the dramatic pile-up at the first corner.
In London, four out of five parents (81%) got their first choice of school - up on last year - while 92% got one of their top three choices.
Blackpool's cause was not helped by events at their last first-class fixture in August 2008 when all four days of the Championship match between Lancashire and Surrey were washed out.
Twenty20 specialist Warner - who played seven ODIs for Australia last year but is not in their current 50-over squad - was out in the first over but Middlesex skipper Gilchrist, who retired from the international arena two years ago, made a fluent 38, dispatching Shane Watson for a glorious straight six.
BBC: Cameron White hundred sets up Aussie win over Middlesex
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