Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / environmental-liability-accounting-memo.docx
environmental-liability-accounting-memo.docx
Parties
Harkness LLP
Torchlight Mining Corp
Ridgeline Accounting Partners LLP
Canada Business Corp
Goss LLP
Associates LLP
Dates
December 18, 2024
January 18, 2024
July 30, 2024
November 8, 2024
December 16, 2024
February 19, 2025
October 21, 2024
September 12, 2023
December 13, 2024
April 3, 2024
Amounts
$340.0
$251.4
$1.00
$0.7394
$409.9
$343.5
$31.5
$18.1
$12.0
$4.8
Obligations
Recognition requirements: Analysis of when and under what conditions TMC must recognize (i
Under ASC 450-20-25-2, a loss contingency must be accrued (i
Where the estimated loss falls within a range, and no single amount within that range is a better estimate than any other amount, the entity is required to accrue the minimum of the range
36, the amount recognized as a provision shall be the best estimate of the expenditure required to settle the present obligation at the balance sheet date
45–47 explicitly require that, where the effect of the time value of money is material, the amount of a provision shall be the present value of the expenditures expected to be required to settle the obligation
Because TMC reports under IFRS as its primary framework but must provide a U