1. Accounting, Auditing, Actuarial
  2. IFRS Foundation & IASB
  3. International Financial Reporting Standards (IFRSs)
  4. 2020
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  1. IFRS 6: Exploration for and evaluation of Mineral Resources
  2. IFRS 6: Basis for Conclusions
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IFRS 6: Basis for Conclusions

Comparing proposed amendment...
Introduction (para. BC1)
Reasons for issuing the IFRS (paras. BC2-BC5)
Scope (paras. BC6-BC8)
Definition of exploration and evaluation assets (paras. BC9-BC16)
BC9
Expenditures incurred before the exploration for and evaluation of mineral resources (paras. BC10-BC13)
Separate definitions of 'exploration' and 'evaluation' (paras. BC14-BC15)
Mineral resources (para. BC16)
Recognition of exploration and evaluation assets (paras. BC17-BC31)
Temporary exemption from IAS 8 paragraphs 11 and 12 (paras. BC17-BC23B)
Elements of cost of exploration and evaluation assets (paras. BC24-BC28)
Measurement after recognition (paras. BC29-BC31)
Presentation of exploration and evaluation assets (paras. BC32-BC34)
Impairment of exploration and evaluation assets (paras. BC35-BC48)
BC35
Assessment of impairment (paras. BC36-BC39)
The level at which impairment is assessed (paras. BC40-BC47)
Reversal of impairment losses (para. BC48)
Changes in accounting policies (paras. BC49)
Disclosures (paras. BC50-BC57)
BC50-BC54
Commercial reserves (para. BC55)
Stages after exploration and evaluation (para. BC56)
Project timing (para. BC57)
Effective date (para. BC58)
Transition (paras. BC59-65A)
Summary of changes from ED 6 (para. BC66)
Amended reference to the Conceptual Framework (para. BC67)
Dissenting opinions
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