Exploration and evaluation of mineral resources in international standards of financial reporting
Authors:
About authors
- G.V. Plekhanov Saint Petersburg Mining Institute
Abstract
The International Accounting Standards Board issued International Financial Reporting Standard (IFRS) 6 «Exploration for and Evaluation of Mineral Resources». The standard applied to all entities engaged in exploration for and evaluation of oil and gas and mineral resources. In the given paper exploration for and evaluation of mineral resources according to International Financial Reporting Standard (IFRS) are determined in a detailed way.
References
- ED 6. Exploration for and Evaluation of Mineral Resources. London: International Accounting Standards Board, 2004.
- Международные стандарты финансовой отчетности. М.: Аскери-АССА, 1999.