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Asset Retirement Obligations (ARO) (FAS 143)

edited Mar 6, 2015 2:45PM in Fixed Assets - EBS (MOSC)

This document should be used as a guide to aid the implementation of the provisions of FAS 143 using the features of Oracle Assets and Oracle General Ledger. This document is not intended to be a single point of reference for compliance with FAS 143 Asset Retirement Obligations and Requirements in total. The examples used in this document are for the purposes of illustration only and may or may not be applicable to all companies and accounting practices. The accounting entries and methodologies are entirely based on our interpretation of FAS 143 as issued on June 2001 and the discussion

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