{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/410/30/#sec-50-disclosure","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"410","topic_title":"Asset Retirement and Environmental Obligations","subtopic":"410-30","subtopic_title":"Environmental Obligations","section":{"number":"S50","label":"SEC 50 Disclosure","anchor":"sec-50-disclosure","is_sec":true,"groups":[{"block":null,"heading":"Disclosures Related to Discounting an Environmental Liability","paragraphs":[{"citation":"410-30-S50-1","para":"S50-1","html":"See paragraph 450-20-S99-1, SAB Topic 5.Y, Question 1, for SEC Staff views on disclosure requirements if an environmental remediation liability is recognized on a discounted basis. See paragraph 450-20-S99-1, SAB Topic 5.Y, Question 2, for SEC Staff views on the financial statement disclosures that should be furnished with respect to product and environmental remediation liabilities. See paragraph 450-20-S99-1, SAB Topic 5.Y, Question 4, for SEC Staff views on disclosures pertaining to site restoration costs and other environmental remediation costs.