AuthorTopic: help in accretion exp, Accounts, session9
@2006-04-25 04:27:37
Dear reader,
Can anyone tell me,the reason why interest expense is recognized on ARO(Asset retirement obligation) liability, in subsequent periods.

Refer SFAS 143: Accounting for asset retirement obligation,book pg 853.

thanks in advance

CFA Discussion Topic: help in accretion exp, Accounts, session9

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