Báo cáo tài chính quốc tế 6

Exploration for and Evaluation of Mineral ResourcesThis version includes amendments resulting from IFRSs issued up to 17 January 2008. IFRS 6 Exploration for and Evaluation of Mineral Resources was issued by the International Accounting Standards Board in December 2004. IFRS 6 and its accompanying documents have been amended by the following IFRSs: • • • Amendments to IFRS 1 and IFRS 6 (issued June 2005) IFRS 8 Operating Segments (issued November 2006) IAS 1 Presentation of Financial Statements (as revised in September 2007)....
Nội dung trích xuất từ tài liệu:
Báo cáo tài chính quốc tế 6 IFRS 6International Financial Reporting Standard 6Exploration for and Evaluation ofMineral ResourcesThis version includes amendments resulting from IFRSs issued up to 17 January 2008.IFRS 6 Exploration for and Evaluation of Mineral Resources was issued by the InternationalAccounting Standards Board in December 2004.IFRS 6 and its accompanying documents have been amended by the following IFRSs:• Amendments to IFRS 1 and IFRS 6 (issued June 2005)• IFRS 8 Operating Segments (issued November 2006)• IAS 1 Presentation of Financial Statements (as revised in September 2007). © IASCF 717IFRS 6CONTENTS paragraphsINTRODUCTION IN1–IN5INTERNATIONAL FINANCIAL REPORTING STANDARD 6EXPLORATION FOR AND EVALUATION OFMINERAL RESOURCESOBJECTIVE 1–2SCOPE 3–5RECOGNITION OF EXPLORATION AND EVALUATION ASSETS 6–7Temporary exemption from IAS 8 paragraphs 11 and 12 6–7MEASUREMENT OF EXPLORATION AND EVALUATION ASSETS 8–14Measurement at recognition 8Elements of cost of exploration and evaluation assets 9–11Measurement after recognition 12Changes in accounting policies 13–14PRESENTATION 15–17Classification of exploration and evaluation assets 15–16Reclassification of exploration and evaluation assets 17IMPAIRMENT 18–22Recognition and measurement 18–20Specifying the level at which exploration and evaluation assets are assessedfor impairment 21–22DISCLOSURE 23–25EFFECTIVE DATE 26TRANSITIONAL PROVISIONS 27APPENDICESA Defined termsB Amendments to other IFRSsAPPROVAL OF IFRS 6 BY THE BOARDAPPROVAL OF AMENDMENTS TO IFRS 1 AND IFRS 6 BY THE BOARDBASIS FOR CONCLUSIONSDISSENTING OPINIONS ©718 IASCF IFRS 6International Financial Reporting Standard 6 Exploration for and Evaluation of MineralResources (IFRS 6) is set out in paragraphs 1–27 and Appendices A and B. All theparagraphs have equal authority. Paragraphs in bold type state the main principles.Terms defined in Appendix A are in italics the first time they appear in the Standard.Definitions of other terms are given in the Glossary for International FinancialReporting Standards. IFRS 6 should be read in the context of its objective and the Basisfor Conclusions, the Preface to International Financial Reporting Standards and the Frameworkfor the Preparation and Presentation of Financial Statements. IAS 8 Accounting Policies, Changesin Accounting Estimates and Errors provides a basis for selecting and applying accountingpolicies in the absence of explicit guidance . © IASCF 719IFRS 6IntroductionReasons for issuing the IFRSIN1 The International Accounting Standards Board decided to develop an International Financial Reporting Standard (IFRS) on exploration for and evaluation of mineral resources because: (a) until now there has been no IFRS that specifically addresses the accounting for those activities and they are excluded from the scope of IAS 38 Intangible Assets. In addition, ‘mineral rights and mineral resources such as oil, natural gas and similar non-regenerative resources’ are excluded from the scope of IAS 16 Property, Plant and Equipment. Consequently, an entity was req ...