By far the most important, difficult and complex policy issue to resolve in the context of the extractive industry concerns the accounting for preproduction costs and mineral reserves, and the disclosure of relevant supplementary data about them. The accounting profession has been unable to settle this particular issue, except in the most contrived of senses. Indeed, many consider the issue to be unresolvable. This paper focuses on the primary financial statements and proposes a partial solution to the issue. The Proposed Method describes a set of new procedures and primary financial statements that are intended to be more serviceable and possess greater predictive power than is currently the case.
Reproduced with the kind permission of the copyright owner.
Field of Research
150103 Financial Accounting
Socio Economic Objective
840299 Primary Mining and Extraction of Mineral Resources not elsewhere classified
Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact firstname.lastname@example.org.