Take Control of Your Asset Retirement Obligations
Automate the tracking, compliance, and journal entries related to asset retirement obligations with AROQuery.
AROQuery is a cloud-based, ARO software built to record, manage, and account for AROs. A first of its kind, the solution empowers accountants to take control of their AROs.
Join our exclusive Beta Users Group for free, early access to the software. Group members will have the opportunity to share feedback and insight, ultimately helping shape the feature prioritization and development of AROQuery before its official launch this year.
Stop chasing data in Excel spreadsheets and start managing your AROs and all supporting documents in one, centralized location.
Provide transparency across your organization to all involved parties including operations, accounting and finance. Set up custom alerts for all relevant parties to avoid missing important milestones with a complete and clear view of every ARO within your organization.
Easily generate accretion schedules and balanced journal entries with complete confidence.
Solve the complexities of
accounting for AROs
Asset retirement obligation accounting is a complex process that, if done incorrectly, can lead to inaccurate journal entries, misconstrued financial data, and audit findings.
Backed by the expertise of a team of CPA-accredited accountants, we understand the intricacies of accounting under ASC 410. That’s why we are developing a solution to ease ARO accounting across industries including oil and gas, mining, manufacturing, retail, and more.
AROQuery helps accurately account for AROs with its unmatched suite of features:
Detailed Accretion Schedules
CPA-tested and approved calculations backed by LeaseQuery expertise
Ledger agnostic and exportable
Changes in Estimates
Accurately account for revisions to estimated settlement values and dates in an automated fashion
Document upload and management
Stay on top of your AROs with visibility into upcoming payment deadlines, AROs that are maturing soon, settlement costs, and accretion expenses
Take control of your AROs now and shape the development of a first of its kind ARO solution.
Join the AROQuery Beta Group
Please complete the form to request early access to AROQuery.
Need a lease accounting solution?
Check out LeaseQuery for the reporting, disclosures, and journal entries required to achieve mandatory compliance with FASB, IFRS, and GASB lease accounting standards.