Responses to IASB Documents for Comment

IFRS 6 Exploration for and Evaluation of Mineral Resources

Discussion Paper – Extractive Activities – April 2010

On July 30, 2010, the AcSB submitted a comment letter responding to the IASB’s Discussion Paper. The letter supports the IASB adding the project to its active agenda. The letter also notes that there is a need for guidance on significant existing application issues. The letter includes an Appendix prepared by AcSB staff that provides detailed comments on the proposals in the Discussion Paper. The AcSB’s letter posted by the IASB is available here.