Mike Morley
Instructor Mike Morley
Product Id 601417
Duration 60 Minutes
Version Recorded
Original Price $295
Special Offer Price $10
Refund Policy
Access recorded version only for one participant; unlimited viewing for 6 months

IFRS 6 Oil, Gas, Mining and other Extractive Industries


As a finance or accounting professional, you should be familiar with exactly what these IFRS standards for Extractive Industries consist of, and what they mean for companies in the oil, gas and mining industries. This webinar will help you become acquainted with the latest information regarding IFRS for companies in the resource sector.

Why should you Attend: Extractive industries, involved in the search for mineral resources, including oil, gas, minerals, and similar non-regenerative resources, have unique accounting and reporting issues, particularly in regards to the evaluation of assets, revenues and expenditures. IFRS #6 requires that companies that have assets used for exploration and evaluation of mineral resources must issue IFRS compliant financial statements.

Areas Covered in the Session:

  • Why the accounting for this sector is different
  • How resource assets are evaluated
  • Special rules for measuring revenues and expenditures
  • How revaluation rules apply to the Oil, Gas, and Mining industries
  • Other specific requirements of IFRS 6
  • Required disclosures
  • Financial statement presentation

Who Will Benefit:
  • Financial Managers
  • CFO's
  • Accounting and Reporting Managers
  • Accountants
  • Auditors and staff
  • Business Managers
  • Operations Managers

Speaker Profile
Mike Morley, a Certified Public Accountant, is the author of "Sarbanes-Oxley Simplified", "IFRS Simplified", and "Financial Statement Analysis Simplified.". Mike is a recognized authority in the field of finance and helps guide companies through the Sarbanes-Oxley compliance process. An entertaining and informative speaker, Mike is a frequent guest on television and radio.

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