Mining, nuclear and oil companies have normally provided an amount each year over the life of an
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Mining, nuclear and oil companies have normally provided an amount each year over the life of an enterprise to provide for decommissioning costs. Explain why the IASB considered this to be an inappropriate treatment and how these companies would be affected by IAS 37 Provisions, Contingent Liabilities and Contingent Assets and ED IAS 37 Non-financial Liabilities.
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Related Book For 
Financial Accounting And Reporting
ISBN: 9780273760887
15th Edition
Authors: Barry Elliott, Jamie Elliott
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