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INTERNATIONAL FINANCIAL REPORTING STANDARD 6 (2007)

Index

  Source

-

Commission Regulation (EC) No 2236/2004 of 29 December 2004 amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Standards (IFRSs) Nos 1, 3 to 5, International Accounting Standards (IASs) Nos 1, 10, 12, 14, 16 to 19, 22, 27, 28, 31 to 41 and the interpretations by the Standard Interpretation Committee (SIC) Nos 9, 22, 28 and 32

  Content

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IFRS 6: Exploration for and evaluation of mineral resources

Objective

1-2

Scope
 

3-5

Recognition of Exploration and Evaluation Assets

6-7

Temporary exemption from IAS 8 paragraphs 11 and 12

6-7

 

Measurement of Exploration and Evaluation Assets

8-14

Measurement at recognition

8

Elements of cost of exploration and evaluation assets

9-11

Measurement after recognition

12

Changes in accounting policies

13-14

Presentation

15-17

Classification of exploration and evaluation assets
 

15-16

Reclassification of exploration and evaluation assets
 

17

Impairment
 

18-22

Recognition and measurement
 

18-20

Specifying the level at which exploration and evaluation assets are assessed for impairment
 

21-22

Disclosure
 

23-25

Effective Date
 

26

Transitional Provisions
 

27

Appendix A

 

Defined terms

Index

 


 

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