3 ms·
This tweet storm is largely nonsense. For example: >The proper way to do accounting is Next in First Out (NIFO). This means you price your goods against the
by nojito 5y ago
This tweet storm is largely nonsense.
For example:
>The proper way to do accounting is Next in First Out (NIFO). This means you price your goods against the cost of replenishment.
NIFO isn't GAAP which is why it's largely pointless.