55 paragraphs found in AASB 6
An entity shall determine an accounting policy for allocating exploration and evaluation assets to cash-generating units or groups of cash-generating units for the purpose of assessing such assets for impairment. Each cash-generating unit or group of …
The level identified by the entity for the purposes of testing exploration and evaluation assets for impairment may comprise one or more cash-generating …
Notwithstanding paragraphs 21 and 22 , the level identified by the entity for the purposes of testing exploration and evaluation assets for impairment shall be no larger than the area of interest to which the exploration and evaluation asset …
An entity shall disclose information that identifies and explains the amounts recognised in its financial statements arising from the exploration for and evaluation of mineral …
To comply with paragraph 23 , an entity shall disclose: (a) its accounting policies for exploration and evaluation expenditures including the recognition of exploration and evaluation assets. (b) the amounts of assets, liabilities, income and expense and …
In addition to the disclosure required by paragraph 24(b) , an entity that recognises exploration and evaluation assets for any of its areas of interest shall, in disclosing the amounts of those assets, provide an explanation that recoverability of the …
An entity shall treat exploration and evaluation assets as a separate class of assets and make the disclosures required by either AASB 116 or AASB 138 consistent with how the assets are …
An entity shall apply this Standard for annual periods beginning on or after 1 January 2016. Earlier application is encouraged for periods beginning on or after 1 January 2014 but before 1 January 2016. If an entity applies the Standard for a period …
AASB 2019-1 Amendments to Australian Accounting Standards – References to the Conceptual Framework , issued in 2019, added AusCF paragraphs and amended paragraph 10 . An entity shall apply the amendments for annual periods beginning on or after 1 January …
If it is impracticable to apply a particular requirement of paragraph 18 to comparative information that relates to annual periods beginning before 1 January 2005, an entity shall disclose that fact. AASB 108 explains the term …