Specialized Industry GAAP: Entertainment ON DEMAND

Overview

This course discusses all the important authoritative pronouncements on GAAP for broadcasters, cable television, films, and music. Relevant references to and excerpts from ASC 920, ASC 922, ASC 926, and ASC 928 are discussed throughout the course. Our course also provides specific examples to illustrate the application. This course also focuses on the ASC 606 revenue recognition requirements since it supersedes most industry-specific guidance. Entities across industries are required to follow the guidance of ASC 606. It explains how to apply the revenue model with an emphasis on situations specific to the M&E industry.

Highlights

Accounting for broadcasters. Accounting for cable television. Accounting for film production and distribution. Entertainment. The revenue recognition model. Licenses of intellectual property.

Prerequisites

None.

Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.

Objectives

Recognize industry-specific accounting standards for M&E entities. Identify the applicability of the revenue standard. Recognize revenue recognition principles focused on situations specific to the M&E industry.

Preparation

None.

Notice

None.