My boss’s 16-year-old kid drives a nicer car than I do. PGP. Peter_Olinto 0 Jan 22, 2015 55 « Older Wall PostNewer Wall Post » Nice Work55 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.