Follow Us:

Ca Ajay Biwal

Latest Posts by Ca Ajay Biwal

Assets Retirement Obligation in Indian Accounting Standard

May 19, 2017 21915 Views 1 comment Print

As per Ind AS, An Asset Retirement Obligation (ARO) is a legal obligation associated with the retirement of a tangible long-lived asset in which the timing or method of settlement may be conditional on a future event and Decommission Liability is the Estimated amount of dismantling and restoration cost that a company expects to incurred in the future on the Asset Dismantling Date.

Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930