The International Accounting Standards Board (IASB) publishes an exposure draft, ED 6, Exploration for and Evaluation of Mineral Resources, which proposes guidance for extractive-industry entities required to comply with international financial reporting standards (IFRS) beginning in 2005 (www.iasb.org/uploaded_files/documents/8_38_ed6.pdf).The International Accounting Standards Board  An editor has expressed concern that this article or section is .Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and (IASB IASB See International Accounting Standards Board (IASB). ) publishes an exposure draft, ED 6, Exploration for and Evaluation of Mineral Resources, which proposes guidance for extractive-industry entities required to comply with international financial reporting standards International Financial Reporting Standards (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). (IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System ) beginning in 2005 (www.iasb.org/uploaded_files/documents/8_38_ed6.pdf). Because there is no related guidance in place and the accounting practices of organizations doing business in this area vary widely, the ED focuses on improving only certain disclosures and represents the initial phase of the IASB's approach to dcveloping standards for extractive industries. Comments are due April 16. |
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