• Service: Audit, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Industry: Energy & Natural Resources, Mining
  • Type: Business and industry issue
  • Date: 20/01/2012

Impact of IFRS

A series of KPMG publications that consider the impact of IFRS requirements for various industry sector companies.

Impact of IFRS: Mining 

Identifying the accounting and business related issues on IFRS conversion can avoid accounting challenges in years to come. This publication looks at some of the main accounting issues for mining companies around IFRS conversion.
Impact of IFRS: Mining cover
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It discusses the importance of the conversion management process, and considers the impact of IFRS conversion across an organisation, taking into consideration current standards and noting future developments that could impact accounting in the mining sector.


Also includes:

  • key accounting and reporting issues such as impairment of non-financial assets, stripping costs and reserves and resources reporting
  • elements of the IASB's discussion paper – Extractive Industries
  • exploration and evaluation (E&E) expenditure
  • development assets
  • mine closure and environmental provisions
  • joint arrangements
  • financial instruments
  • first-time adoption of IFRS.


KPMG's Mining professionals assist organisations through all stages of the mining project lifecycle, from exploration to production.

International Financial Reporting Standards

KPMG helps organisations adopt IFRS, providing practical support to smooth the transition.