{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/720/926/#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":"720","topic_title":"Other Expenses","subtopic":"720-926","subtopic_title":"Entertainment—Films","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"Overall Deals","paragraphs":[{"citation":"720-926-25-1","para":"25-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E33C7478-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity may enter into an <a href=\"/glossary/o/#overall-deal\" class=\"term\" title=\"An arrangement in which an entity compensates a producer or other creative individual for the exclusive or preferential use of that party's creative services.\"><span>overall deal</span></a> arrangement. </span></span><span class=\"sfragment\" id=\"sfr_E33C763B-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> An entity shall charge the costs of overall deals that cannot be identified with specific projects to expense as they are incurred over the related time period. </span></span></div></div>","snippet":"An entity may enter into an overall deal arrangement. An entity shall charge the costs of overall deals that cannot be identified with specific projects to expense as they are incurred over the related time period.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0594e1111310660d531277951711a67ad21d097eb980a4e0d404e54fe094644","downloaded_from":"2026-09-10T01:10:15.540Z","last_downloaded_at":"2026-09-10T01:10:15.540Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478210","source_sha256":"188fac3c2f5e06dc475639c85cbb486a441b45c4735f44b23117b8e253855022"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d61a1b09c6fe53dea369a74a9de81106e4a012a43df63d972c6c2d7f2bb7c58a","downloaded_from":"2026-09-10T01:10:15.540Z","last_downloaded_at":"2026-09-10T01:10:15.540Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478210","source_sha256":"188fac3c2f5e06dc475639c85cbb486a441b45c4735f44b23117b8e253855022"}},{"block":null,"heading":"Exploitation Costs","paragraphs":[{"citation":"720-926-25-2","para":"25-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E33C7832-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity shall account for advertising costs in accordance with the provisions of Subtopic <a altsource=\"GUID-3B284602-01F1-41D9-9E56-2A6F7BDBCF52.ditamap\" class=\"ditamap\">720-35</a>. </span></span></div></div>","snippet":"An entity shall account for advertising costs in accordance with the provisions of Subtopic 720-35.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5aa4fbef6f8de8a78cc0fef8b6e890d454641341c5d8d92eb71b490b1ffbc120","downloaded_from":"2026-09-10T01:10:15.540Z","last_downloaded_at":"2026-09-10T01:10:15.540Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478210","source_sha256":"188fac3c2f5e06dc475639c85cbb486a441b45c4735f44b23117b8e253855022"}},{"citation":"720-926-25-3","para":"25-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E33C793D-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">All other <a href=\"/glossary/e/#exploitation-costs\" class=\"term\" title=\"All direct costs (including marketing, advertising, publicity, promotion, and other distribution expenses) incurred in connection with the distribution of a film.\"><span>exploitation costs</span></a>, including marketing costs, shall be expensed as incurred. </span></span></div></div>","snippet":"All other exploitation costs, including marketing costs, shall be expensed as incurred.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78f4685fc5c7dbe3ed5b832a6c2a519fe3bb0667f2f96350e9b18159bdfe425d","downloaded_from":"2026-09-10T01:10:15.540Z","last_downloaded_at":"2026-09-10T01:10:15.540Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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