Tratamiento contable de los costos de concesión y exploración en la empresa minera Oro & Metales El Inca S.A.

Abstract

The mining activity plays a crucial role in the economy of any country, this research work focuses on the analysis and identification of the accounting treatment given to the mining concession and those costs incurred in the exploration phase, guided by the provisions of the IFRS for SMEs, specifically Section 34, which tells us about how to record and measure accounting costs incurred during the exploration and evaluation of resources, the standard establishes key points to take into consideration for the international understanding of the information presented, focusing only on the exploration of the deposit, it was observed that the lack of understanding of the same has generated some difficulty in accounting for such costs and therefore, affected the understanding of the same. The methodology used for this study focused on obtaining key information directly from the person in charge of the accounting area through the application of an open interview. The variability in the interpretation of the IFRS has generated some discrepancy at the time of recording costs, so it has been suggested to the company to carry out constant training to the personnel in charge of the accounting department in order to keep them updated and allow them to perform their activities efficiently.