Accounting for Conditional Asset Retirement Obligations

www.advancedenvironmentaldimensions.com

FIN 47, Accounting for Conditional AROs An Industry White Paper Page 2 Introduction “This Interpretation clarifies that the term conditional asset retirement obligation as used in FASB Statement No. 143, Accounting for Asset Retirement Obligations, refers to a legal obligation to perform the asset retirement activity in which the timing and (or) method of settlement are conditional on a ...

  Accounting, Asset, Retirement, Obligations, Conditional, Accounting for conditional asset retirement obligations, Asset retirement, Accounting for conditional, Conditional asset retirement