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Chapter 4 — Accounting for Asset Retirement Obligations

4.1 Introduction

4.1 Introduction

This chapter provides an overview of the accounting and disclosure requirements for AROs in ASC 410-20, along with certain interpretive guidance on applying the scope, initial recognition, initial measurement, and subsequent measurement provisions of this accounting guidance. Chapter 5 then provides examples of AROs commonly encountered in certain industries, along with a discussion of accounting and financial reporting issues that companies in those industries commonly encounter when accounting for such AROs.