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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:
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.