Having friends that sell shit on Facebook. PGP. Peter_Olinto 2 Mar 03, 2016 97 « Older Wall PostNewer Wall Post » Nice Work97 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.