{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/705/926/#25-recognition","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":"705","topic_title":"Cost of Sales and Services","subtopic":"705-926","subtopic_title":"Entertainment—Films","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"Costs of Products Held for Sale","paragraphs":[{"citation":"705-926-25-1","para":"25-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E315BA0B-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The costs of producing a film include manufacturing costs. </span></span><span class=\"sfragment\" id=\"sfr_E315BB04-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity shall charge manufacturing or duplication costs of products for sale, such as videocassettes and digital video discs, to expense on a unit-specific basis when the related product revenue is recognized. </span></span></div></div>","snippet":"The costs of producing a film include manufacturing costs. An entity shall charge manufacturing or duplication costs of products for sale, such as videocassettes and digital video discs, to expense on a unit-specific bas…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1befef8c4a93ba53d5459e4c3d7f6c546db81098bc4fbbfae86b9263ed64383e","downloaded_from":"2026-09-10T00:56:38.121Z","last_downloaded_at":"2026-09-10T00:56:38.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478058","source_sha256":"2ada059eeab6b152529e8ae83d582139553f5d5c2f8ff88e780a57ad0b387621"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d9fbff262cc537107f7f4abebae8bcca7b835db3c4e9a443e9ae9906b9e6e1c7","downloaded_from":"2026-09-10T00:56:38.121Z","last_downloaded_at":"2026-09-10T00:56:38.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478058","source_sha256":"2ada059eeab6b152529e8ae83d582139553f5d5c2f8ff88e780a57ad0b387621"}},{"block":null,"heading":"Theatrical Film Prints","paragraphs":[{"citation":"705-926-25-2","para":"25-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E315BBDB-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity shall charge the cost of theatrical <a href=\"/glossary/f/#film-prints\" class=\"term\" title=\"Those materials, produced on behalf of a film distributor for delivery to a theater or other similar venue, that contain the completed audio and video elements of a film. Such materials are used by the theater or other similar venue to exhibit the film to its customers.\"><span>film prints</span></a> to expense over the period benefited.</span></span></div></div>","snippet":"An entity shall charge the cost of theatrical film prints to expense over the period benefited.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5d035416e311469a47f02c5292268dff9fd6a43ee91b7ef35630cc8cbc0c9a3b","downloaded_from":"2026-09-10T00:56:38.121Z","last_downloaded_at":"2026-09-10T00:56:38.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478058","source_sha256":"2ada059eeab6b152529e8ae83d582139553f5d5c2f8ff88e780a57ad0b387621"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cb4a4f8b854bb84b791d2914ec467f1ffacb625d5ba62da1b9bef5bb50155ecb","downloaded_from":"2026-09-10T00:56:38.121Z","last_downloaded_at":"2026-09-10T00:56:38.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478058","source_sha256":"2ada059eeab6b152529e8ae83d582139553f5d5c2f8ff88e780a57ad0b387621"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a09ab6966f53d4d24bd9bbad785d80c8d0ed0c046e21de0add83da57dc1d51b","downloaded_from":"2026-09-10T00:56:38.121Z","last_downloaded_at":"2026-09-10T00:56:38.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478058","source_sha256":"2ada059eeab6b152529e8ae83d582139553f5d5c2f8ff88e780a57ad0b387621"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a09ab6966f53d4d24bd9bbad785d80c8d0ed0c046e21de0add83da57dc1d51b","downloaded_from":"2026-09-10T00:56:38.121Z","last_downloaded_at":"2026-09-10T00:56:38.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478058","source_sha256":"2ada059eeab6b152529e8ae83d582139553f5d5c2f8ff88e780a57ad0b387621"}}