Читать книгу Annual Accounting and Auditing Workshop - Kurt Oestriecher - Страница 107

There was diversity in practice in the entertainment industry related to the capitalization of film production. Certain types of productions capitalized all costs, while other types capitalized costs only to the extent for contracted revenues for each episode in the initial market until persuasive evidence existed that revenue from secondary markets would occur. In addition, stakeholders believed that the guidance related to license agreements should be updated to reflect current conditions.