Accountancy

Accountancy

Industry: Financial services

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Accountancy

Equity interests

Financial services; Accountancy

In IFRS 3 is used broadly to mean ownership interests of investor-owned entities and owner, member or participant interests of mutual entities.

A method of accounting whereby the investment is initially recognised at cost and adjusted thereafter for the post-acquisition change in the investor’s share of net assets of the investee. The profit ...

Events after the reporting period

Financial services; Accountancy

Those events, favourable and unfavourable, that occur between the end of the reporting period and the date when the financial statements are authorised for issue. Two types of events can be ...

Experience adjustments

Financial services; Accountancy

The effects of differences between previous actuarial assumptions and what has actually occurred.

Exploration and evaluation assets

Financial services; Accountancy

Exploration and evaluation expenditures recognised as assets in accordance with the entity’s accounting policy.

Exploration and evaluation expenditures

Financial services; Accountancy

Expenditures incurred by an entity in connexion with the exploration for and evaluation of mineral resources before the technical feasibility and commercial viability of extracting a mineral resource ...

Exploration for and evaluation of mineral resources

Financial services; Accountancy

The search for mineral resources, including minerals, oil, natural gas and similar non-regenerative resources after the entity has obtained legal rights to explore in a specific area, as well as the ...