Requirements of this phase addressed by C Mining Solutions: Core accounting functionality, Accounts payable, Multi-company, multi-site, multi-ledger, multi-legislation and multi-language, Consolidated, multicurrency reporting, Intercompany transactions, Analytical accounting, Tax management, Asset accounting, Investor relations,
Learn MoreIn their exploration and development activities, mining companies typically carry out six pre-production stages: • Prospecting. Normally undertaken before mineral rights in an area have been acquired. Involves investigating an area's geological data and carrying out geochemical and geophysical surveys, as well as exploratory drilling and trenching.
Learn MoreHowever, it is often the most important cut-off point when accounting for mining entities, because the change to production means that costs can no longer be capitalised and should be treated as operating expenses. Assets must be ‘available for use’ before they can be depreciated.
Learn Moreis based on significant changes in accounting guidance, specific first-time adoption issues or the extent of data needed to be obtained and maintained for financial reporting differences. For IFRS and the mining industry, here are our views on the top ten accounting issues for Canadian issuers to consider from a financial reporting standpoint.
Learn MoreEach solution typically uses between 4-6 modules to achieve the desired outcome. The solutions vary in complexity with many presenting a unique approach to maximising your mines performance. Asset Health Dashboards Defect Elimination Downtime & Delay Accounting Integrated Reporting Metallurgical Accounting Production OEE Recovery+
Learn MoreIdentify and distinguish between the different phases of mining operations. - Identify the key accounting principles for a typical mining company.
Learn MoreThe impairment guidance in IAS 36 Impairment of Assets applies to Property, Plant and Equipment (PP&E), goodwill and intangibles and involves significant estimation complexities for mining companies. It also applies to joint venture interests and equity accounted investments. IAS ,
Learn MoreWe, at Meru Accounting, provide the top-class services from day to day bookkeeping to payroll management, payable and receivable management. We indulge in proper profit evaluation before the actual work of business starts. Then, we proceed further to the development phase with you, which involves digging of the mine.
Learn MoreAccounting for Cryptocurrency Mining Companies . Wednesday, August 15, 2018. Accounting and Auditing. Registration is Closed. Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering. Members. $120.00 Regular Price. Non-Members. $188.
Learn MoreJunior Accountant. Femminit Recruitment. Bryanston, Gauteng. R15 000 a month. Permanent + 1. The role is to developed into a fully fledged Accountant position. Minimum 2-3 years experience financial accounting experience. Posted 30+ days ago ·.
Learn MoreInventory of materials, from in situ ore to finished product, is the most important asset of any mining, metals & minerals company company. Yet many companies
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