IASとIFRSとの間には特に重要な違いはなく、簡単に言うと、ある時期から単に名称が変わっただけの違いです。 1973年6月に国際会計基準委員会（IASC）という機関が設立されて、その活動を受け継ぐ形で、2001年4月から国際会計基準審議会（IASB）という機関が活動を開始しました。 IFRS 6 Exploration for and Evaluation of Mineral Resources The Board has not undertaken any specific implementation support activities relating to this Standard. For the requirements reference must be made to International Financial Reporting Standards. As at 1 July 2015 IFRS 6 Exploration for and Evaluation of Mineral Resources Effective Date Periods beginning on or after 1 January 2006 . Page 1 of 7 S CHOOL OF B USINESS A DMINISTRATION AND A CCOUNTANCY General Luna Road, Baguio City Philippines 2600 Telefax No. 19 For the purposes of exploration and evaluation assets only, paragraph 20 of this IFRS shall be applied rather than paragraphs 8–17 of IAS 36 when identifying an exploration and evaluation … There was a lack of guidance prior to this IFRS Standard, and where national Reference • Understanding IFRS Fundamentals, Nandakumar Ankarath, Kalpesh J. Mehta,Dr. (b) to specify the circumstances in which entities that recognise exploration and evaluation assets should test such assets for impairment in accordance with IAS 36 . Ghosh and Dr. Yass A. Alkafaji, wiley 2010 • IFRS 6 Exploration for and Evaluation of Mineral Resources- EC Staff consolidated IFRS 6 Exploration for and Evaluation of Mineral Resources Last updated: March 2017 This communication contains a general overview of the topic and is current as of March 31, 2017. Contents Introduction Reasons for issuing the IFRS IN1 - IN4Main features of the IFRS IN5 International Financial Reporting Standard 6 Exploration for and Evaluation of Mineral Resources You are attempting to documents. : (074) 442-3071 Website: E-mail Address: [email protected] REVIEW HANDOUTS AND MATERIALS SEMESTER FIRST SEMESTER SCHOOL YEAR 2020-2021 SUBJECT FINANCIAL ACCOUNTING AND REPORTING HANDOUT # MIXED 016 TOPIC IFRS 16 IFRS 6 Exploration for and Evaluation … PwC application guidance on recognition, measurement, presentation, impairment, disclosure Latest developments In October 2011 the IFRS IC published IFRIC 20, 'Stripping costs in the production phase of a surface mine'.. IFRS 6: Exploration and evaluation of mineral resources IFRS 6 is dedicated to assets arising out of exploration and exploitation of mineral resources. IFRS 6 must not be applied to expenditures incurred before the exploration for and evaluation of mineral resources or after the technical feasibility and commercial viability of extracting a mineral resource are demonstrable. Exploration and evaluation assets shall be assessed for impairment when facts and circumstances suggest that the carrying amount of an exploration and evaluation asset may exceed its recoverable amount. T.P. IFRS 6 Exploration for and Evaluation of Mineral Resources was issued by the International Accounting Standards Board in December 2004. extractive activities that would supersede IFRS 6 Exploration for and Evaluation of Mineral Resources. The application of the principles addressed will 4 The IFRS does not address other aspects of accounting by entities engaged in the exploration for and evaluation of mineral resources. IFRS 6 Exploration for and Evaluation of Mineral Resources This Basis for Conclusions accompanies, but is not part of, IFRS 6. Recognition of exploration and evaluation assets IFRS 6 Recognition of exploration and evaluation assets IFRS 6: When developing its accounting policies, an entity recognising exploration and evaluation assets shall apply paragraph 10 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. Entities determine their own accounting policies Entities should determine their accounting policies for exploration and evaluation expenditures in accordance with IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors. AASB 6-compiled 4 COMPARISON Comparison with IFRS 6 AASB 6 Exploration for and Evaluation of Mineral Resources as amended incorporates IFRS 6 Exploration for and Evaluation of Mineral Resources as issued and amended by the International Accounting Standards Board (IASB). IFRS 6 Exploration for and evaluation of mineral resources. enitities can continue to follow their current policy. 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