{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/926/#50-disclosure","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"405","topic_title":"Liabilities","subtopic":"405-926","subtopic_title":"Entertainment—Films","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"Accrued Participation Liabilities","paragraphs":[{"citation":"405-926-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E1CE1FED-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity shall disclose the amount of accrued participation liabilities that it expects to pay during the upcoming operating cycle. </span></span></div></div>","snippet":"An entity shall disclose the amount of accrued participation liabilities that it expects to pay during the upcoming operating cycle.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ef88dba3cfd63ca041006bde39a5092297ca8500f0452ed8542ce1fb87b13d6b","downloaded_from":"2026-09-10T00:17:38.268Z","last_downloaded_at":"2026-09-10T00:17:38.268Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477694","source_sha256":"50c0b0c92c4198439710d3173d992260a66bc547c8b49a370f15f3883a85dc99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f1dc45df4d6aa5e07544020752f72b84064c15abea5a63d6bc33cef7a80a3e22","downloaded_from":"2026-09-10T00:17:38.268Z","last_downloaded_at":"2026-09-10T00:17:38.268Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477694","source_sha256":"50c0b0c92c4198439710d3173d992260a66bc547c8b49a370f15f3883a85dc99"}},{"block":null,"heading":"Participation Costs","paragraphs":[{"citation":"405-926-50-2","para":"50-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E1CE2256-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity shall disclose its methods of accounting for <a href=\"/glossary/p/#participation-costs\" class=\"term\" title=\"Parties involved in the production of a film may be compensated in part by contingent payments based on the financial results of a film pursuant to contractual formulas (participations) and by contingent amounts due under provisions of collective bargaining agreements (residuals). Such parties are collectively referred to as participants, and such costs are collectively referred to as participation costs. Participations may be given to creative talent, such as actors or writers, or to entities from whom distribution rights are licensed.\"><span>participation costs</span></a>. </span></span></div></div>","snippet":"An entity shall disclose its methods of accounting for participation costs.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9591818af84e6397b30c7c6b20615e6bbffd98dd7862447bb9b186230ca09efe","downloaded_from":"2026-09-10T00:17:38.268Z","last_downloaded_at":"2026-09-10T00:17:38.268Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477694","source_sha256":"50c0b0c92c4198439710d3173d992260a66bc547c8b49a370f15f3883a85dc99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:67b9913abeb3176677edec62cdb052161ea53e1f1cf12ef137b85f6a9e886168","downloaded_from":"2026-09-10T00:17:38.268Z","last_downloaded_at":"2026-09-10T00:17:38.268Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477694","source_sha256":"50c0b0c92c4198439710d3173d992260a66bc547c8b49a370f15f3883a85dc99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:def930361671081698638c01a471f04672641f2713ed5ecc3004015531e70b9b","downloaded_from":"2026-09-10T00:17:38.268Z","last_downloaded_at":"2026-09-10T00:17:38.268Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477694","source_sha256":"50c0b0c92c4198439710d3173d992260a66bc547c8b49a370f15f3883a85dc99"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:def930361671081698638c01a471f04672641f2713ed5ecc3004015531e70b9b","downloaded_from":"2026-09-10T00:17:38.268Z","last_downloaded_at":"2026-09-10T00:17:38.268Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477694","source_sha256":"50c0b0c92c4198439710d3173d992260a66bc547c8b49a370f15f3883a85dc99"}}