Feeling a little depressed when you see a banner ad on postgradproblems.com for a back to school sale. PGP. Peter_Olinto 0 50 « Older Wall PostNewer Wall Post » Nice Work50 Respond Email this to a friend Hey, I saw this on Post Grad Problems. Check it out. Peter_Olinto Not the real Peter Olinto. Accounting for LIFO, even though LIFO is not permitted under IFRS.