kd26gioi

thisisbrianly Wrote:
-------------------------------------------------------
> When you guys say LIFO/FIFO differences btw IFRS
> and GAAP, are you just referring to knowing that
> LIFO isn't allowed under IFRS and both are allowed
> under GAAP? Or is there something more that
> you're getting at?
>
> Thanks!
>
> Omar Adnan Wrote:
> --------------------------------------------------
> -----
> > I guess if you know differences between them in
> > IFRS and GAAP treatment
> > - LIFO/FIFO
> > - Interest/Dividend treatment in cash flows
> > statements
> > - Revaluation of assets
> > - Construction contracts
> > - Extraordinary items
> > You should be ok .. The last reading on FA (if
> > still the same for June exam) shows an
> excellent
> > summary


YUPPPPP