Entertainment Industry Accounting

Price: $9.75

CPE Credits: 1.0

Category:

Course Number: AAENTESB

entertainment industry

Description:
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.  Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Steven Bragg, CPA

Publication: May 2018

Format: PDF
Pages: 41

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Recognize the circumstances under which a license agreement is recognized in the accounting records of a broadcaster.
  • Note 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.
  • Note the proper accounting for a record master.

Description:
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.  Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Steven Bragg, CPA

Publication: May 2018

Format: PDF
Pages: 41

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Recognize the circumstances under which a license agreement is recognized in the accounting records of a broadcaster.
  • Note 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.
  • Note the proper accounting for a record master.
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