The latest academic report on Fly in Fly out mining camps in Australia suggests that some are hotbeds of crime and drug and/or alcohol abuse and like concentration camps – but are they really? Fly in ...
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 ...
Two new studies have backed calls for the banning of compulsory 100 per cent fly-in, fly-out (FIFO) mines. The target of the latest report is BHP's Billiton Mitsubishi Alliance (BMA) and its two new ...
Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...
PERTH (miningweekly.com) – The Queensland Coordinator-General has approved BHP Mitsubishi Alliance’s (BMA’s) Red Hill mine, north of Moranbah, but has prohibited the mine from relying fully on a ...
Two common ways for companies to account for inventory are first-in/first-out, or FIFO, and last-in/last-out, or LIFO. In FIFO, the first units that arrive in the business are the first sold. In LIFO, ...
The Chamber of Minerals and Energy in Western Australia says the practice of fly-in fly-out (FIFO) is being unfairly tarnished by claims it causes mental health problems. The WA State Opposition and ...
Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years of experience researching personal finance topics. Specialties include general financial planning, career development, lending ...
The first-in, first-out inventory (FIFO) system works by assuming that items are pulled out of inventory in the same order that they get put in. Moving older stock first can increase your company's ...