Entertainment Industry Accounting

A number of accounting standards are targeted at the entertainment industry, requiring businesses to follow specific rules for license agreements, the buildout of cable systems, film costs, music licensing, and more. Entertainment Industry Accounting covers these accounting requirements, along with related presentation and disclosure topics, with the intent of clarifying how specific transactions are to be handled. This course covers the accounting for broadcasting, cable television, films, and music.
Format

PDF Course

Level

Overview

Duration

1 Hour

Related Courses
Casinos Accounting

Course Information

Author: Steven Bragg
Course Number: AC1118

Table of Contents
Chapter 1. Accounting for Broadcasting
Chapter 2. Accounting for Cable Television
Chapter 3. Accounting for Films
Chapter 4. Accounting for Music

Learning Objectives
  • Recognize the circumstances under which a license agreement is recognized in the accounting records of a broadcaster.
  • Specify the requirements for capitalizing interest when building out a cable television system.
  • Cite the characteristics of the various costs incurred during the production and release of a film.
  • Describe the indicators that point toward the impairment of a film asset.
  • Specify the proper accounting for a record master.

Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Latest Review Date: February 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

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