BC48 The IFRS requires an entity to disclose geographical information about non‑current assets, excluding specified items. The Board considered comments made by some respondents who advocated country‑by‑country disclosure, others who requested specific items of geographical information to be disclosed, and some who expressed reservations with the proposed requirement relating to disclosure of country of domicile.
BC49 A coalition of over 300 organisations from more than 50 countries known as the Publish What You Pay campaign requested that the scope of the IFRS should be extended to require additional disclosure on a country‑by‑country basis. The objective of such additional disclosure would be to promote greater transparency in the management of amounts paid by the oil, gas and mining industries to governments in developing or transitional countries that are resource‑rich. The view of these campaigners was that publication of specific payments made by those companies to go
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