Inventory is money -- it's either your money or someone else's money you borrowed. To ignore this simple fact is to tempt the invisible hand of business. Disciplined inventory controls keep costs low, ...

Inventory systems track the flow of raw materials, work in process and finished goods inventory from receipt to sale and shipment. Accountants use different methods of tracking inventory based on the ...

How LIFO and FIFO accounting methods impact a company's inventory outlook Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and ...