Asset Retirement Obligation

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In accounting, a requirement that a long-term liability that must be retired in the future be recorded at its estimated, fair market value at the time of retirement instead of its value at the time the liability was acquired. This is codified in FASB No. 143.

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No references found			00 Hardcover HF5686 Updated to include new material on asset retirement obligations, asset impairment, project analysis, investment decision making, asset exchanges, and fair value reporting requirements, this comprehensive treatment of the US and international oil and gas industry serves as a classroom text, training manual and professional reference. Fundamentals of oil and gas accounting, 5th ed by Reference & Research Book News Upon initial recognition of an asset retirement obligation (ARO), an entity capitalizes the ARO cost by increasing the carrying amount of the related long-lived tangible asset by the same amount as the liability. Hot topics in FAS 109 by Raines, Donna; Pitts, Jennings; Leder, Zack; Sutton, Claire; Thrasher, Bennett / The Tax Adviser The Finanacial Accounting Standards Board (FASB) financial accounting standard 143 clarifies the need to recognize environmental related asset retirement obligations. Controlling your environmental risk by Kulak, Joseph / Modern Casting			Asset allocation decision Asset Allocation Fund Asset Allocation Mutual Fund Asset Backed Asset Class Asset Classes Asset Conservation, Lender Liability and Deposit Insurance Act of 1996 asset cost recovery system Asset Coverage Asset Coverage Ratio asset depreciation range Asset Depreciation Range System Asset Depreciation Risk Asset Financing Asset for Asset Swap Asset Impairment Asset Ledger asset management Asset Management Account Asset Motive Asset Play Asset Price Asset Pricing Model Asset Quality asset redeployment Asset Retirement Obligation Asset Sale Asset Share Value Asset Stripper Asset Stripping Asset Substitution Asset Substitution Problem Asset Sufficiency or Insufficiency Asset Swap Asset Turnover Asset Valuation Asset Valuation Reserve Asset Value Asset-Backed Alert Asset-Backed Bond Asset-Backed Commercial Paper Asset-Backed Fund Asset-Backed Security Asset-Based Finance Asset-Based Financing Asset-Conversion Loan Asset-Coverage Test Asset-Liability Committee Asset-Liability Gap Asset/Equity Ratio Asset/Liability Committee			Asset protection Asset Protection Allowance Asset Protection Forum Asset Protection Planner Asset Protection Service LLC Asset protection trust Asset Protection Zone Asset Purchase Agreement Asset quality Asset Quality Risk Asset Quality Risks Asset Reconciliation Asset Reconstruction Company India Limited Asset Recovery Agency Asset Recovery Business Asset Recovery Management Plan Asset Recovery Program Asset Recovery Service Provider Asset Redeployment Asset Redeployment Management System Asset Redeployment Team Asset Reliability Technology Asset Reporting Code Asset Requirement Asset Retirement Obligation Asset Retirement Obligations Asset Rich, Income Poor Asset Sale Asset Sales Asset securitization Asset securitization Asset Sensitive Asset Servicing Technology Enhancement Project Asset Share Value Asset Share Values Asset Source for Software Engineering Technology Asset Source for Software Engineering Technology Asset Status Card Asset stripper Asset Strippers Asset stripping Asset stripping Asset stripping Asset substitution Asset substitution problem Asset Sufficiency Asset Sufficiency or Insufficiency Asset swap Asset swap Asset Swap Convertible Option Trade Asset Swaps Asset TEMP Asset Test Asset Tests

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