fifo

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now
FIFO and LIFO accounting are methods used in managing inventory and financial matters involving the amount of money a company has to have tied up within inventory of produced goods, raw materials, parts, components, or feedstocks. They are used to manage assumptions of costs related to inventory, stock repurchases (if purchased at different prices), and various other accounting purposes.

View More On Wikipedia.org
  1. mkr

    QLD Medicare, Centrelink and Child Support Issues - What to Do?

    Hi there, My partner has a daughter 2-year-old, with fulltime care of her daughter by her (with my support also). Facts are: - Daughter has a dual Australian citizenship / PNG citizenship, born in Australia. - Mother is PNG Citizen, in Australia on multi-entry visitor Visa. - Father has a dual...
  2. M

    WA Employment Law - Forced to Resign from Mining Job

    Hi I was working for a mining company FIFO for 5 years and have had a number of sleep-in violations (11 to be exact.) over my 5 years, then have procedures for sleep-in's ( such as calling before the start of shift ) and I followed them. I've had sleep screening tests, but nothing came out of...
  3. R

    QLD Husband's Ex Moved Kids to NZ - Options under Family Law?

    Hi everyone, My husband's ex-wife sent their 3 kids (13, 9 & 6) to live in NZ with her parents in August while she stayed in Australia until moving there herself in October (they're all NZ citizens including my husband). Conveniently, this all happened just before our wedding so his kids were...
  4. A

    WA Shared Ownership of Car - What to Do?

    Hi. My question is..last 2011, my husband and his friend decided to buy a second-hand car. They equally share the exact amount of the car. A month after buying that my husband decided to buy his own car and they both decide that his friend will take over the car they bought and it is also...
  5. S

    Parenting Arrangements for Children - Family Law Court Orders

    My ex and I have agreements in the family law court advising our time spent with children etc. I have been advised by several family members and friends that he is doing FIFO and will not be with the children the whole time that he is meant to. Do I have to let them go??