20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

exploratoray drilling

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 20, 2020 at 6:02 pm #595817
meenahil
Participant
- Topics: 1
- Replies: 0
will not the exploratory drilling considered to be at research phase of the project and needs to be expensed?
November 22, 2020 at 8:40 am #596017
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3402
At first sight yes – but there is a lot of inconsistency between companies. So it seems that anything ‘relevant and reliable’ may be OK.
Deloitte have a nice article if you are interested:
file:///C:/Users/44772/Downloads/0501ifrs6.pdf
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.