ASC

ASC 922-10

Overall

922 Entertainment—Cable Television

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Source downloaded: .Record version 111de6e22847. Effective date must be checked in the source.

In brief

IntroductoryIndustry-specificInventory and PP&EIntangibles and goodwill

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.

Key points (5)
  • The Topic addresses standards of financial accounting and reporting for costs and expenses applicable to the construction and operation of a cable television system (922-10-05-1).
  • The Topic comprises the Overall, Intangibles—Goodwill and Other, Property, Plant, and Equipment, Other Expenses, and Interest Subtopics; two former subparagraphs (revenue-related) were superseded by ASU 2014-09 (922-10-05-2).
  • The guidance applies to all entities in the cable television industry (922-10-15-2).
  • The Subtopics provide only incremental industry-specific guidance; entities in scope must also comply with applicable standards not included in this Topic (922-10-15-1).
  • Scope may be further narrowed or defined in the Scope Sections of the individual Entertainment—Cable Television Subtopics (922-10-15-1).

For students. This is a scope-and-roadmap subtopic: know that cable television guidance is layered on top of general GAAP, not a substitute for it, and that ASU 2014-09 removed the revenue-related subtopics (revenue now follows ASC 606). Students often assume industry topics override general standards—they only add incremental rules.

cable television systemprematurity periodconstruction and operation costsincremental industry-specific guidanceindustry scopecapitalization of costs

Machine-generated study aid for ASC 922-10. Check the source paragraphs below.

922-10-00Status

Source downloaded: .Record version f8efe2813597. Effective date must be checked in the source.

922-10-00-1
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
922-10-05-1AmendedAccounting Standards Update No. 2014-0905/28/2014
922-10-05-2AmendedAccounting Standards Update No. 2014-0905/28/2014

922-10-05Overview and Background

Source downloaded: .Record version d45db3cbeebb. Effective date must be checked in the source.

922-10-05-1
The Entertainment—Cable Television Topic addresses the standards of financial accounting and reporting for costs and expenses applicable to the construction and operation of a cable television system.
922-10-05-2
This Topic includes the following Subtopics:
  1. a
    Overall
  2. b
    Intangibles—Goodwill and Other
  3. c
    Property, Plant, and Equipment
  4. d
    Subparagraph superseded by Accounting Standards Update No. 2014-09.
  5. e
    Subparagraph superseded by Accounting Standards Update No. 2014-09.
  6. f
    Other Expenses
  7. g
    Interest.

922-10-15Scope and Scope Exceptions

Source downloaded: .Record version 395c01c053f4. Effective date must be checked in the source.

Overall Guidance

922-10-15-1
The Subtopics within the Entertainment—Cable Television Topic only provide incremental industry-specific guidance for the entities defined in this Scope Section or as further defined in the Scope Sections of the individual Entertainment—Cable Television Subtopics. Entities within the scope of this Topic shall also comply with the applicable standards not included in this Topic.

Entities

922-10-15-2
The guidance in this Topic applies to all entities in the cable television industry.

Related subtopics