How inventory expense is managed.

The last-in/first-out inventory cost approach is permissible under

GAAP, but not under IFRS. how development expenditures are managed. While IFRS views development
as a capital investment that is expensed and recouped over time, GAAP treats development costs, such
as those associated with the creation of software or other intellectual property, as expenses. How write-
downs are managed. While IFRS permits write-downs to be reversed if inventory or asset values change,
GAAP prohibits inventory or asset write-downs or reductions in value. how fixed assets are managed.
While IFRS permits firms to update fixed assets at fair market value, GAAP records and reports fixed
assets, including property, facilities, and equipment, at historical cost.
How inventory expense is managed. The last-in/first-out inventory cost approach is permissible under
GAAP, but not under IFRS. how development expenditures are managed. While IFRS views development
as a capital investment that is expensed and recouped over time, GAAP treats development costs, such
as those associated with the creation of software or other intellectual property, as expenses. How write-
downs are managed. While IFRS permits write-downs to be reversed if inventory or asset values change,
GAAP prohibits inventory or asset write-downs or reductions in value. how fixed assets are managed.
While IFRS permits firms to update fixed assets at fair market value, GAAP records and reports fixed
assets, including property, facilities, and equipment, at historical cost.

How inventory expense is managed. The last-in/first-out inventory cost approach is permissible under
GAAP, but not under IFRS. how development expenditures are managed. While IFRS views development
as a capital investment that is expensed and recouped over time, GAAP treats development costs, such
as those associated with the creation of software or other intellectual property, as expenses. How write-
downs are managed. While IFRS permits write-downs to be reversed if inventory or asset values change,
GAAP prohibits inventory or asset write-downs or reductions in value. how fixed assets are managed.
While IFRS permits firms to update fixed assets at fair market value, GAAP records and reports fixed
assets, including property, facilities, and equipment, at historical cost.

How inventory expense is managed. The last-in/first-out inventory cost approach is permissible under
GAAP, but not under IFRS. how development expenditures are managed. While IFRS views development
as a capital investment that is expensed and recouped over time, GAAP treats development costs, such
as those associated with the creation of software or other intellectual property, as expenses. How write-
downs are managed. While IFRS permits write-downs to be reversed if inventory or asset values change,
GAAP prohibits inventory or asset write-downs or reductions in value. how fixed assets are managed.
While IFRS permits firms to update fixed assets at fair market value, GAAP records and reports fixed
assets, including property, facilities, and equipment, at historical cost.

How inventory expense is managed. The last-in/first-out inventory cost approach is permissible under
GAAP, but not under IFRS. how development expenditures are managed. While IFRS views development
as a capital investment that is expensed and recouped over time, GAAP treats development costs, such
as those associated with the creation of software or other intellectual property, as expenses. How write-
downs are managed. While IFRS permits write-downs to be reversed if inventory or asset values change,
GAAP prohibits inventory or asset write-downs or reductions in value. how fixed assets are managed.
While IFRS permits firms to update fixed assets at fair market value, GAAP records and reports fixed
assets, including property, facilities, and equipment, at historical cost.