Entertainment—Cable Television

ASC 922 (Entertainment—Cable Television) provides industry-specific accounting guidance for the costs and expenses of constructing and operating a cable television system (922-10-05-1). The Overall subtopic sets the stage: it applies to all entities in the cable television industry, but supplies only incremental guidance, so those entities must also apply all other applicable GAAP, with each Subtopic's own Scope Section possibly narrowing coverage (922-10-15-1 through 15-2). The Topic is organized into Overall, Intangibles—Goodwill and Other, Property, Plant, and Equipment, Other Expenses, and Interest Subtopics; the former revenue-related subparagraphs were superseded by ASU 2014-09 (922-10-05-2). The key takeaway is that industry guidance here layers on top of, rather than replaces, general GAAP—and revenue recognition for cable operators now follows ASC 606.

Subtopics

1. 10Overall5 ¶

   ASC 922-10 is the Overall subtopic of the Entertainment—Cable Television Topic, which addresses accounting and reporting for costs and expenses of constructing and operating a cable television system (922-10-05-1). It applies to all entities in the cable television industry and provides only incremental industry-specific guidance, so those entities must also follow all other applicable GAAP (922-10-15-1 through 15-2). The Topic is organized into Subtopics covering intangibles/goodwill, property, plant, and equipment, other expenses, and interest.

   000515