A.11 ASC 420, Exit or Disposal Cost Obligations
ASC 420-10
50-1 All
of the following information shall be disclosed in notes to
financial statements that include the period in which an exit or
disposal activity is initiated and any subsequent period until
the activity is completed: . . .
e. If a liability for a cost associated with the
activity is not recognized because fair value cannot be
reasonably estimated, that fact and the reasons
why.
Pending Content (Transition Guidance: ASC
220-40-65-1)
50-1 All of the following information
shall be disclosed in notes to financial
statements that include the period in which an
exit or disposal activity is initiated and any
subsequent period until the activity is completed:
. . .
e. If a liability for a cost associated with
the activity is not recognized because fair value
cannot be reasonably estimated, that fact and the
reasons why. . .