The capitalisation of Intangibles Debate: Accounting for Exploration and Evaluation Expenditure in Extractive Activities

Constantatos, A.; Dionysiou, D.; Slack, R.; Tsalavoutas, I.; Tsoligkas, F.

Abstract

This report looks at how exploration and evaluation (E&E) costs of new mineral or oil and gas reserves are reported in the financial statements of listed extractive companies. This is against a background of a general concern that intangibles are inadequately recognised and reported in accounts contributing to the increasing gap between net asset values and the market value of companies.

Citation

Constantatos, A., Dionysiou, D., Slack, R., Tsalavoutas, I., & Tsoligkas, F. (2021). The capitalisation of Intangibles Debate: Accounting for Exploration and Evaluation Expenditure in Extractive Activities. Association of Chartered Certified Accountants

• Report Type: Project Report
• Online Publication Date: Feb 24, 2021
• Publication Date: 2021
• Deposit Date: Mar 2, 2021
• Publicly Available Date: Mar 3, 2021
• Series Title: Professional Insights
• Public URL: https://durham-repository.worktribe.com/output/1604418
• Publisher URL: https://www.accaglobal.com/gb/en/professional-insights/global-profession/capitalisation-intangibles-debate.html
• Additional Information: Publisher: Association of Chartered Certified Accountants; Type: monograph; Subtype: project_report