Finans
ilk giren ilk cikar
İngilizce: first in, first out
Türkçe Tanım
En erken satin alinan veya uretilen kalemlerin ilk olarak satildigi veya tuketildigi varsayilan envanter degerleme ve maliyet akis yontemidir. FIFO, donem sonu envanterin en guncel maliyetlerle degerlenmesiyle sonuclanir ve bu genellikle bilancoda cari yenileme degerlerini yansitir. Yukselen fiyat donemlerinde FIFO, eski ve dusuk maliyetlerin cari gelirlerle eslestirilmesi nedeniyle LIFO'ya kiyasla daha yuksek raporlanmis karlar uretir. Yontem hem UFRS hem de ABD GAAP kapsaminda genis kabul gormektedir.
English Definition
An inventory valuation and cost flow assumption method under which the earliest purchased or produced items are assumed to be sold or consumed first. FIFO results in ending inventory being valued at the most recent costs, which generally reflects current replacement values on the balance sheet. During periods of rising prices, FIFO produces higher reported profits compared to LIFO, as older, lower costs are matched against current revenues. The method is widely accepted under both IFRS and US GAAP.