标题: LIFO Reserve and liquidation [打印本页] 作者: Beatnik 时间: 2011-7-23 13:18 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: Swanand 时间: 2011-7-23 13:22
Yes its at the end of FRA in Schweser. The last reading from memory.作者: himanshumh 时间: 2011-7-23 13:26
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: Muddahudda 时间: 2011-7-23 13:30
Pretty sure LIFO liquidation was removed from the curriculum.作者: thecfawannabe 时间: 2011-7-23 13:34
Yes, LIFO reserve and liquidation are removed to CFA L2 :-)作者: bleach 时间: 2011-7-23 13:38
It's still there in one of the later FRA readings作者: mkytz15 时间: 2011-7-23 13:42
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: lunarfollies 时间: 2011-7-23 13:47
Yes clarkth4 is right. My bad and I apologise. LIFO reserve is definitely there but LIFO liquidation isn't
