{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/835/926/","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.","number":"835-926","topic":"835","title":"Entertainment—Films","area":"Broad Transactions","paragraphs":3,"summary":"This short subtopic tells film producers and distributors how to handle interest costs incurred while a film is being produced. The rule is simple: interest costs related to film production are accounted for under the general interest-capitalization guidance in Subtopic 835-20 (835-926-25-1). 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class=\"norm-text\">This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section <a altsource=\"GUID-CA6C9A61-7443-4351-BA4C-77AB8F838735.ditamap\" class=\"ditamap\">926-10-15</a>.</div></div>","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 926-10-15.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8fe78dac7914cef4689bd1ebb3c415152e3e267b763663ca75e84bb0bdf47ec1","downloaded_from":"2026-09-10T01:50:47.974Z","last_downloaded_at":"2026-09-10T01:50:47.974Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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id=\"sfr_E3621B5C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity shall account for interest costs related to the production of a film in accordance with Subtopic <a altsource=\"GUID-07251D70-AAFA-429D-B7E1-4BA74D4FD303.ditamap\" class=\"ditamap\">835-20</a>. </span></span></div></div>","snippet":"An entity shall account for interest costs related to the production of a film in accordance with Subtopic 835-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5da8a5b142119f031eb04a54381e84532e8f838ac9bdc65cca4710d3c5619770","downloaded_from":"2026-09-10T01:50:51.672Z","last_downloaded_at":"2026-09-10T01:50:51.672Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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The rule is simple: interest costs related to film production are accounted for under the general interest-capitalization guidance in Subtopic 835-20 (835-926-25-1). Its scope follows the Entertainment—Films overall scope in Section 926-10-15.","key_points":["The subtopic addresses accounting and reporting by entities in the film production and distribution industry for interest costs incurred in producing a film (835-926-05-1).","Scope is the same as the Entertainment—Films Overall Subtopic, Section 926-10-15 (835-926-15-1).","Interest costs related to the production of a film must be accounted for in accordance with Subtopic 835-20, Interest—Capitalization of Interest (835-926-25-1).","The subtopic itself creates no film-specific measurement rule; it simply directs the entity to the general capitalization-of-interest model, so a film in production is treated as a qualifying asset under that model."],"categories":["Initial measurement","Industry-specific","Recognition"],"audience_level":"intermediate","student_note":"This is a pure cross-reference subtopic: the exam point is that film production interest is capitalized under 835-20 like any other qualifying asset, not expensed as incurred. Students often assume the film industry has a special interest rule; it does not.","related_topics":["835-20","926-10","926-20","835"],"key_concepts":["interest cost","capitalization of interest","film production costs","qualifying asset","film cost capitalization","industry-specific interest guidance"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:280d4aa89388398b82167d2607963c68c25cd5bb93b83865dbbf9f17594ab106","downloaded_from":"2026-09-10T01:50:45.748Z","last_downloaded_at":"2026-09-10T01:50:51.672Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"720-926","title":"Entertainment—Films","topic_title":"Other 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