FASB proposal addresses accounting for TV series

Written by promotiondept

November 13, 2018

FASB proposal addresses accounting for TV series FASB proposed a standard Wednesday that would align the accounting for production costs of an episodic television series with the accounting for production of costs of filMS. the proposal is described in Proposed Accounting Standards Update, ENTertainMent — FilMS — Other Assets — Film Costs (Subtopic 926-20) and […]

Joy is for the individuals who plan well and seek after. A significant among us have been demonstrated the individuals who have genuine dream to live for likely REALIZE IT. It is just the individual pursuing the DREAM days and night until achievement. There is an expression of proficiency a head of you. Steps and obstructions from the outset appear to be enormous. Be that as it may, just for certain occasions those troublesome advances and difficulties are so natural execution for you. There are too a lot of instruments including VISUALIZATIONS and helps are around you. Pete Tran is here my adored. These are the devices to understand ANY of your HIGH DREAMS come True. I went additional miles for you. It I a take for you. They are the 'Enchantment WONDERS" you can call on. Happiness will be with you. Worldwide has improved numerous perspectives this season of return. Do you recall.. these means well? It will be my actual satisfaction too!

Found great life changing solutions

FASB proposal addresses for TV series

FASB propos a standard Wnesday that would align for production costs of an episodic television series with for production of costs of films.

proposal is describ in Propos Standards Uate, Entertainment — Films — Or s — Film Costs (Subtopic 926-20) and Entertainment — Broadcasters — Intangibles — Goodwill and Or (Subtopic 920-350): ments to for Costs of Films and License Agreements for Program Materials.

This alignment would be accomplish by allowing all production costs as specifi in FASB ASC Subtopic 926-20 to be capitaliz for episodic television series, as y are for films. Under current GAAP, production costs specifi in Subtopic 926-20 for an episodic television series are capitaliz up to amount of revenue contract for each episode in initial market until persuase evidence exists that revenue from secondary markets will occur or an entity can demonstrate a history of earning such revenue in that market.

proposal also would require that an entity reassess estimates of use of a film for a film in a film group and account for any changes prospectely.

Under proposal, an entity would be requir to test films and license agreements for program material within scope of Subtopic 920-350 for impairment at a film group level when film or license agreement is prominantly monetiz with or films and license agreements. A film group is lowest level at which identifiable are largely independent of of or films and license agreements. proposal also would:

Under proposal, an entity would be requir to provide new disclosures about content that is produc or licens.

Comments on proposal can be submitt through Dec. 7 at FASB’s website.

Ken Tysiac (Kenneth.Tysiac@aicpa-cima.com) is JofA’s itorial director.


Source

How To Really REALIZE DREAMS COME TRUE?

Happiness is for those who plan well and pursue. A profound among us have been proven those who have true dream to live for likely REALIZED IT. It is just simply the person working toward the DREAM days and night until accomplishment. There is a phrase of efficiency a head of you. Steps and obstacles at first seem tremendous. However, just with some times those difficult steps and challenges are so easy performance for you. There are also plenty of tools including VISUALIZATIONS and helps are around you.

COVID-19 – Effective Tips For You!

COVID-19
HOW TO DEFEAT DEADLY CORONAVIRUS EVERY TIME?

The Greatest Virus Surviving 10 Steps Guide

Free Risks Helps & COVID-19 Solutions

Here Are Great Free Tips For You.

Please Order If See Anything You Need? Mutual Reciprocal & Have Great Days!

 

Amazon Best Sellers

How To Really REALIZE DREAMS COME TRUE?

Congratulations

COVID-19 – Effective Tips For You!

COVID-19
HOW TO DEFEAT DEADLY CORONAVIRUS EVERY TIME?

The Greatest Virus Surviving 10 Steps Guide

Free Risks Helps & COVID-19 Solutions

Here Are Great Free Tips For You.

Please Order If See Anything You Need? Mutual Reciprocal & Have Great Days!

 

Amazon Best Sellers

You May Also Like…

0 Comments

Submit a Comment