Fortune Minerals – Adoption of IFRS Harvard Case Solution & Analysis

The controller is a publicly traded mining company must make a number of recommendations, the Chief Executive Officer and Chief Financial Officer, as the company prepares to international financial reporting standards (IFRS). Major decisions revolve around the fixed asset of the company and mining properties. In particular, whether benefits or costs, certain elements, whether to record certain assets at their historical cost values, amortization of policies and other issues related to violations of the fixed assets. The controller also believes that the recent discussion paper on IFRS accounting extracting resources and the possible consequences for the company in the future. "Hide
by Melissa Jean, Chris Sturby Source: Richard Ivey School of Business Foundation 15 pages. Publication Date: August 17, 2011. Prod. #: W11233-PDF-ENG

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Fortune Minerals – Adoption of IFRS

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