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标题: LIFO Reserve and liquidation [打印本页]

作者: cmacedo    时间: 2011-7-13 17:00     标题: LIFO Reserve and liquidation

It seems that the Schweser notes on Inventories don't have anything on LIFO reserve or on LIFO reserve liquidation, and the CFa textbook goes into that topic and tests it in the EOC questions. Any thoughts on that would be greatly appreciated.
作者: farrukhsadiq    时间: 2011-7-13 17:00

Yes its at the end of FRA in Schweser. The last reading from memory.
作者: cyber21    时间: 2011-7-13 17:00

Ok. Great ty. Haven't gotten to the end and was a bit confused why they didn't mention it in their inventories section. Many thanks
作者: LokiDog2    时间: 2011-7-13 17:00

Pretty sure LIFO liquidation was removed from the curriculum.
作者: btcapital    时间: 2011-7-13 17:00

Yes, LIFO reserve and liquidation are removed to CFA L2 :-)
作者: amqata    时间: 2011-7-13 17:00

It's still there in one of the later FRA readings
作者: dontknow1987    时间: 2011-7-13 17:00

Hmmm...I'm pretty sure LIFO reserve is still on there (or at least it was in the June 2011 curriculum). LIFO liquidation was removed along with ARO.
作者: jim8z3    时间: 2011-7-13 17:00

Yes clarkth4 is right. My bad and I apologise. LIFO reserve is definitely there but LIFO liquidation isn't




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