Master mining accounting with a practical, principle-based system that brings consistency to every mine.
This nonfiction work presents General and Cost Accounting for mining in a way that aims to unify methods across different mines, processes, and ore types. It explains the underlying principles, then shows how to build charts of accounts, schedules of charges and credits, and supporting books and records to reflect the true state of the business.
The book offers a structured, working approach to mining finance. It covers the basis of accounting, how to organize the accounting department, and how to compile balance sheets and profit and loss statements that align with mining operations. It includes forms, charts, and procedures that illustrate how principles are applied in practice, with a focus on uniformity and usefulness for daily management.
- Understand the core principles that connect mining operations to financial reporting.
- Learn to design charts of accounts, schedules, and records that reflect mining workflows.
- See how to organize operating, administrative, and development accounting for clarity and control.
- Access practical forms and procedures to produce reliable balance sheets and income statements.
Ideal for readers involved in mining management, accounting departments, and directors seeking practical working knowledge of mine accounting.