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Learn how to determine the useful life a mine in order to effectively calculate its depletion.
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When it comes to your company’s mining project, you may be wondering: How do I determine the useful life of the mine? As Viewpoints: Applying IFRS in the Mining Industry: Depletion of a Mine in the Production Phase: Useful Life of the Mine explains, such an assessment requires considering a range of factors, including the number of production units expected to be obtained from the mine.
Prepared by Chartered Professional Accountants of Canada (CPA Canada) and the Prospectors and Developers Association of Canada, this resource for junior mining companies outlines what you need to know to calculate the depletion of a mine in the production phase, including:
Entering CPA Canada’s Awards of Excellence in Corporate Reporting is simple. Submit your 2016 corporate reporting materials online.
September 18, 2017
Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.
May 30, 2017
Like legendary accountant George Edwards before her, Lt.-Col Eleanor Haevens carries on the tradition of CPAs who have had a profound impact by serving with or alongside the Canadian military.