Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

Discover NIFO, a unique inventory valuation method based on replacement cost instead of original cost, its working mechanism, ...

Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and potential earnings manipulation.

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, capital gains tax is computed.

Add Yahoo as a preferred source to see more of our stories on Google. William Carter vanished after he was dropped off at Perth Airport. Police have found the body of a man believed to be missing ...

Add Yahoo as a preferred source to see more of our stories on Google. New information has emerged that the missing FIFO worker ordered a taxi half an hour after he was dropped off at Perth airport to ...

New information has emerged that the missing FIFO worker ordered a taxi an hour-and-a-half after he was dropped off at Perth airport to Trigg Beach, in Perth’s Northern Suburbs. William Carter, also ...

A worried mum has shared a selfie taken with her son shortly before he failed to board his flight and mysteriously vanished without a trace. FIFO worker Bill Carter, 25, caught up with his mother, ...

Cal McIlwaine, an Irish expat, moved to Australia on a working holiday visa in search of a fresh start in April 2023. Within 28 days of landing and between 70 to 100 job applications later, with the ...

A fly-in-fly-out mining worker has taken his own life at an accommodation camp, reigniting a discussion about mental health in the industry. Emergency services were called to Red Dog Village in ...

Police confirmed they had been called to Red Dog Village in Karratha, in the state’s Pilbara region, on October 26, but the young man was already dead by the time they arrived. The village mainly ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...