IPSAS 50 Exploration for and evaluation of mineral resources – The Case of Rio Tinto

Authors

DOI:

https://doi.org/10.46793/Rev25109.155BT

Keywords:

IPSAS 50, deferred costs, research and development costs

Abstract

This paper presents the most significant requirements of the International Public Sector Accounting Standard, IPSAS 50 – Exploration for and Evaluation of Mineral Resources. An illustration of the application of these requirements is provided based on the notes disclosed in the financial statements of the company Rio Tinto.

References

(1) IPSASB (2024) IPSAS 3 – Accounting policies, changes in accounting estimates and errors, 2024 Handbook of International Public Sector Accounting Pronouncements.

(2) IPSASB (2024a) International Public Sector Accounting Standard IPSAS 50, Exploration for and Evaluation

of Mineral Resources.

(3) Rio Tinto (2025), Annual report 2024, str. 162. https://www.riotinto.com/en/invest/reports/annual-report.

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Published

2025-05-01

How to Cite

Beke Trivunac, J., Knežević, S., & Krpić, J. (2025). IPSAS 50 Exploration for and evaluation of mineral resources – The Case of Rio Tinto. REVIZOR * Journal of Organizational Management, Finance and Auditing, 28(1 (109). https://doi.org/10.46793/Rev25109.155BT

Issue

Vol. 28 No. 1 (109) (2025): REVIZOR

Section

Articles

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