# ASC 835-926: Interest — Entertainment—Films

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/835/926/)

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.

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Source downloaded (UTC): 2026-09-10T01:50:45.748Z to 2026-09-10T01:50:51.672Z

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## ASC 835-926: Interest — Entertainment—Films

### Machine-generated study aids

```json
{
  "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). 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"
  ]
}
```

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## ASC 835-926-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/835/926/#05-overview-and-background)

SEC content: no

##### [835-926-05-1](https://asc.understandingaccounting.org/asc/835/926/#835-926-05-1)

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This Subtopic addresses the accounting and reporting by entities in the film production and distribution industry for interest costs incurred in the production of a film.

Source downloaded (UTC): 2026-09-10T01:50:47.974Z to 2026-09-10T01:50:47.974Z

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## ASC 835-926-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/835/926/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [835-926-15-1](https://asc.understandingaccounting.org/asc/835/926/#835-926-15-1)

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This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 926-10-15.

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## ASC 835-926-25: 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/835/926/#25-recognition)

SEC content: no

#### Film Production Interest Costs

##### [835-926-25-1](https://asc.understandingaccounting.org/asc/835/926/#835-926-25-1)

Pending content: no

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An entity shall account for interest costs related to the production of a film in accordance with Subtopic 835-20.