Extractive Industries – AcSOC

Date recorded:

At the AcSOC meeting on June 6-7, 2019, the AcSB Chair noted that Canada has more extractive entities than any other jurisdiction, the majority of which are dual listed. For these reasons, the IASB has requested some assistance from the AcSB on this project. The Board issued a report to the IASB on its updated work on extractive industries. The AcSB later summarized this report and posted it on its website. The AcSB Chair noted that concerns have been raised on the summarized report. She said that activities are underway to clarify concerns and take appropriate actions regarding this matter.

Review the meeting summary on the AcSOC's Web site.

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