IFRS Implementation for Mining
Solutions to Specific Challenges Facing the Mining Industry during the Transition to New Accounting Standards
Conference: November 25 and 26, 2008
Optional Workshops: November 27, 2008
Vancouver, British Columbia
Conference Event Overview
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Get strategies and solutions for the industry-specific accounting and reporting issues facing your IFRS implementation
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- Get an overview of new accounting standards, projects, and items that are being addressed by the Emerging Issues Committee in the context of the AcSB strategy
- Identify of some of the more specific tools needed to implement IFRS for mining companies
- Learn about the future of accounting for pre-exploration, exploration and evaluation (E&E), and development expenditures
- Understand IFRS 1 as it applies to mining, the first-time adoption rule, and learn how it will affect your transition
- Get insight on how IFRS relates to asset retirement and costs related to decommissioning mines and restoration
- Review timelines and what you need to be considering now
- Develop an understanding of IAS 16 and how to account for property, plant, and equipment
- Hear about the IASB's projects on extractive activity and IFRS 6 Exploration for and Evaluation of Mineral Resources
- Get real-world best practices and learn what has worked for your peers at other organizations
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Your company is facing one the most important financial reporting challenges: the conversion to International
Financial Reporting Standards (IFRS). As a mining company your transition has more challenging issues
than basic IFRS convergence, making it more than just a technical accounting exercise. With a looming
2011 deadline, you need to start the planning and preparation process now!
Attend INFONEX's IFRS Implementation for Mining conference and start planning your transition early.
You will get specific tools to ease the implementation process, and the impact that convergence will have
on your company. This course will help you understand how to account for your property, plant and
equipment. It will go through IFRS 1 as if applies to the mining industry and you will hear about the
IASB's current projects on extractive activities.
Get solutions to difficulties including the valuation of mineral properties in business combinations and
the treatment of commodity price hedging programs, including how to determine if they qualify as a hedge.
Find out about the impairment of assets and even an in depth look at IFRS issues specific to the mining
industry, including IAS 16, 36 and 37.
IFRS mining and financial experts will thoroughly explain the main differences between IFRS and Canadian
GAAP, and offer timelines and suggestions that will cover your particular mining industry concerns. You'll
learn what resources and training you will need to successfully undergo the convergence. Register for this
unique event and start developing a successful implementation plan today!
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Who Should Attend This Event
This program was designed and created for the mining industries, attendees will include:
- Directors of Corporate Accounting
- Accountants and Auditors for Issuers
- Chief Financial Officers
- VPs and Directors of Finance
- Accountants
- U.S. GAAP Managers
- Financial Analysts
- Financial Accounting and Reporting Managers
- Regulatory Compliance Officers
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