Analysis of the Comment Letters submitted in response to discussion paper extractive activities: perspectives on the future of IFRS 6 (CPC 34)

Abstract

This paper presents an analysis of the review/replacement process of IFRS 6, taking into account the perspective of various interest groups, expressed in 141 comment letters submitted to public hearing of the Discussion Paper Extractive Activities promoted by the International Accounting Standard Board (IASB). These letters were analyzed following the methodology of content analysis, and the results are supported in institutional theory. The results show that IASB possibly have difficulty implementing its legislative proposal, given its majority rejection by the various interest groups participating in the public hearing, which rely on institutionalized practices based on the methods of successful efforts, total capitalization or area of interest, that conflict with the proposal made by the international body, and it is therefore a scenario where it is believed in maintaining the current status quo.

Keywords

• ifrs 6
• cpc 34
• atividades extrativistas
• normais internacionais