REGARDING THE ACCOUNTING POLICY AND TREATMENT
                  PRESCRIBED BY THE IASB FOR
            THE EVALUATION AND EXPLORING ACTIVES


          Professor Ph.D. Neamtu Horia – Academy of Economic Studies, Bucharest
  Assistant Ph.D. Student Teiusan Sorin-Ciprian - „1 Decembrie 1918” University, Alba-Iulia


          The International Accounting Standards Board considered the elaboration of a norm
regarding the extraction industries, so as to standardize worldwide the accounting practices from
this sector, a productive activity which became applicable (in the year of 2004) by the outcome of
IFRS 6 “Exploration for and Evaluation of Mineral Resources”. Through the present paper, we
focused on this international financial reporting standard, underlining the accounting treatment
and policy, established by the international organism of accounting standardizing (IASB) for the
evaluation and exploration actives from the extraction industries (mining, oil and natural gas
extraction).

       Key words: evaluation and exploring actives, accounting policy and treatment, IFRS 6.

       Jel codes: M41, F00.




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