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Fiche 1,  Justifications,  Anglais

Record number: 1, Textual support number: 1 CONT

The South African mining industry generally uses the appropriation method of accounting, which closely resembles cash flow accounting. It is based on the premise that mines have a finite life. . . The principle is adopted that members' funds are invested in a wasting asset and the cost of mining assets over and above the initial capital is provided out of profits earned. . . This method is the generally accepted standard for the deep level gold mining industry in South Africa and is used for statutory and regulatory compliance.  2, fiche 1, Anglais, - appropriation%20accounting

Fiche 1,  Justifications,  Français

Fiche 1,  Justifications,  Espagnol