Related Discussions

• Extractive Industries – International Accounting Standards Board

• Oct 27, 2020

• At its meeting on October 27-29, 2020, the IASB met to discuss findings from its research on accounting policies developed by entities applying IFRS 6, Exploration for and Evaluation of Mineral Resources. The research will help the Board decide at a future meeting whether to replace or amend IFRS 6. The Board was not asked to make any decisions. The Board will hold educational sessions to develop its understanding of extractive activities further.

• Extractive Industries – International Accounting Standards Board

• Sep 22, 2020

• At its meeting on September 22-23, 2020, the IASB met to discuss findings from research it undertook to help decide at a future meeting whether to replace or amend IFRS 6, Exploration for and Evaluation of Mineral Resources. The Board considered research findings on regulatory requirements for reserve and resource reporting in jurisdictions which have significant extractive activities. The Board was not asked to make any decisions. The Board will continue to discuss research findings on extractive activities; and it will hold educational sessions to develop its understanding further.

• Extractive Industries – International Accounting Standards Board

• Jul 22, 2020

• At its meeting on July 22-23, 2020, the IASB met to discuss research findings to help the Board decide, at a future meeting, whether to replace or amend IFRS 6. The Board considered research findings on how an entity would account for activities within the scope of IFRS 6 in the absence of that Standard, by applying IAS 16, Property, Plant and Equipment and IAS 38, Intangible Assets. The Board was not asked to make any decisions. The Board considered academic evidence on extractive activities, after a review of literature relevant to IFRS 6. The Board was not asked to make any decisions. The Board will continue to discuss research findings on extractive activities and it will hold educational sessions to develop its understanding further.

• Extractive Industries – International Accounting Standards Board

• Jun 23, 2020

• At its meeting on June 23-25, 2020, the IASB met to discuss findings from research activities to help the Board decide, at a future meeting, whether to replace or amend IFRS 6, Exploration for and Evaluation of Mineral Resources. The Board discussed feedback on its request for information from jurisdictions and stakeholder groups as well as from national standard-setters who helped to develop its 2010 Discussion Paper Extractive Activities which the Board discussed in March 2019. The Board was not asked to make any decisions. The Board will continue to discuss research findings on extractive activities and it will hold educational sessions to develop its understanding further.

• Extractive Industries – International Accounting Standards Board

• Sep 26, 2019

• On September 26, 2019, the IASB met to discuss recent developments in the areas addressed by the 2010 Extractive Activities Discussion Paper. The Board was also updated on the project’s research activities and planned outreach for the remainder of the year. The Board was not asked to make any decisions. The Board will discuss the feedback from outreach at a future meeting.

• Extractive Industries – AcSOC

• Jun 06, 2019

• 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.

• Extractive Industries – International Accounting Standards Board

• Sep 20, 2018

• On September 20, 2018, the Board met to receive an update on this project and an outline of its next steps. The Board was not asked to make any decisions.