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Status - FASAB

Page 1 - SFFAS 6 FASAB Handbook, Version 19 (06/20) Statement of Federal Financial Accounting standards 6: Accounting for Property, Plant, and EquipmentStatusIssuedNovember 30, 1995 Effective DateFor periods beginning after September 30, and Technical Releases Interpretation 9, Cleanup Cost Liabilities Involving Multiple Component Reporting Entities TR 2, Determining Probable and Reasonable Estimate for Environmental Liabilities in the Federal Government TR 7, Clarification of standards Relating to the National Aeronautics and Space Administration's Space Exploration Equipment TR 10, Implementation Guidance on Asbestos Cleanup Costs Associated with Facilities and Installed Equipment TR 11, Implementation Guidance on Cleanup Costs Associated with Equipment TR 13, Implementation Guide for Estimating the Historical Cost of General Property, Plant, and Equipment TR 14, Implementation Guidance on the Accounting for the Disposal of General Property, Plant & Equipment TR 15.

The additional standards in this statement provide for the timing of recognition of the liability and related operating expense. For cleanup costs associated wi th general …

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