Your company has decided to move its operations from Norfolk to Atlanta, Georgia; and your supervisor has asked you to research the accounting literature related to the following financial reporting issue: restructuring costs; exit or disposal obligations.

You know that the FASB Accounting Standards Codification is the source of authoritative generally accepted accounting principles recognized by the FASB and want to access for your research.

Write memo to your supervisor, using the attached template, making sure each of the following items is addressed:

1. The accounting standards topic number that addresses exit or disposal cost obligations.
2. The specific citation that addresses the initial measurement of these obligations.
3. The amount on which these obligations and related costs are measured.
4. The specific citation that describes the disclosure requirements in the notes to the financial statements for exit or disposal obligations.
5. List the required disclosures.