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IASB summarises its completed project on extractive activities

The International Accounting Standards Board (IASB) has published a summary of its project on extractive activities, which considered whether to amend or replace IFRS 6 Exploration for and Evaluation of Mineral Resources. The IASB issued IFRS 6 as an interim step in the accounting for extractive activities.

The document explains the reasons for the IASB taking on the project, the work done and the key decisions made, including the reasons for deciding to retain IFRS 6.


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