Selling mutual funds? Choose the right cost basis method to manage taxes efficiently and maximize your gains. Explore ...

FIFO (first in, first out) and LIFO (last in, first out) are inventory management and accounting techniques designed to add consistency to the sales and accounting functions of business, respectively.

The Brisbane man shared he was earning $250,000 working as a FIFO supervisor in the mines. · Source: TikTok/AAP “FIFO, so you miss a lot of things, but you also gain a lot of things, you only work ...

Australia’s biggest provider of food and accommodation services to remote mining sites remains loss-making after hiring 900 ...

Determining the value of inventory is an important part of accounting. In order to calculate the profit on a sale, a cost must be assigned to the item sold. A business that is selling large amounts of ...

This no-brainer technique will help you stay organized and save money. Learn how to use it in your everyday life with these tips. FIFO stands for "first in, first out" and is used both commercially ...

But there is another option called the Specific Identification (SI) accounting method. Assume you bought several lots of security A over the year while the stock increased in price. You might prefer ...

A young Aussie has shared how she got a FIFO job with no experience after leaving her corporate marketing role. Aussies can rake in big bucks working in the mining industry and you don’t necessarily ...

A FIFO tradie has issued a warning, particularly to newcomers in the lucrative industry, to leave their female co-workers ...