Description
Calculation of Environmental and Disposal Liabilities (E&DL)
Recommended
See attached document
Mission Critical
E&DL reporting is mandated by SFFAS 6, TR-11, & FMR Vol 4, Chapter 13.
Benefits
DPAS will be the first APSR to implement E&DL for financial reporting purposes. This will save the department time, cost and effort in financial reporting of E&DL of assets within the financial statements.
Users
All Agencies are required to calculate and report E&DL