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eduCBA IFRS 6 Evaluation of Mineral Resources eduCBA

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The financial reporting requirements for costs associated with the exploration for and assessment of mineral resources (such as minerals, oil, natural gas, and similar non-regenerative resources), as well as the costs associated with determining the technical and economic viability of extracting those resources, are outlined in IFRS 6. Without particularly taking into account the requirements of paragraphs 11 and 12 of IAS 8, IFRS 6 allows an organisation to create an accounting policy for exploration and evaluation assets. Therefore, a company adopting IFRS 6 may continue to employ the accounting principles in place at the time of the previous adoption. Updated on 10 February, 2023

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An initiative by IIT IIM Graduates, eduCBA is a leading global provider of skill based education addressing the needs 500,000+ members across 40+ Countries. Our unique step-by-step, online learning model along with amazing 5421 courses prepared by top notch professionals from the Industry help participants achieve their goals successfully. All our training programs are Job oriented skill based programs demanded by the Industry. At eduCBA, it is a matter of pride to us to make job oriented hands on courses available to anyone, any time and anywhere. Therefore we ensure that you can enroll 24 hours a day, seven days a week, 365 days a year. Learn at a time and place, and pace that is of your choice. Plan your study to suit your convenience and schedule.

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