# ASC 926-10-15: Entertainment—Films — Overall — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/926/10/#15-scope-and-scope-exceptions)

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## ASC 926-10-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/926/10/#15-scope-and-scope-exceptions)

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#### Overall Guidance

##### [926-10-15-1](https://asc.understandingaccounting.org/asc/926/10/#926-10-15-1)

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The Subtopics within the Entertainment—[Films](https://asc.understandingaccounting.org/glossary/f/#films "Feature films, television specials, television series, or similar products (including animated films and television programming) that are sold, licensed, or exhibited, whether produced on film, video tape, digital, or other video recording format.") Topic only provide incremental industry-specific guidance for the entities defined in this Scope Section, or as further defined in the Scope Section of the individual Entertainment—Films Subtopics. Entities within the scope of this Topic shall also comply with the applicable guidance not included in this Topic.

#### Entities

##### [926-10-15-2](https://asc.understandingaccounting.org/asc/926/10/#926-10-15-2)

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The guidance in this Topic applies to all entities that are producers or distributors that own or hold rights to distribute or exploit all kinds of films in one or more [markets](https://asc.understandingaccounting.org/glossary/m/#market "A distribution channel within a certain territory. Examples of markets include theatrical exhibition, home video, pay television, free television, and the licensing of film-related products.") and territories. This Topic also applies to films exploited by the entity directly, or licensed or sold to others.

#### Transactions

##### [926-10-15-3](https://asc.understandingaccounting.org/asc/926/10/#926-10-15-3)

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The guidance in this Topic does not apply to the following transactions and activities:

1.  a
    
    Accounting for the creation and distribution of recorded music products. For guidance on this subject, see Topic 928.
    
2.  b
    
    Financial reporting by cable television entities. For guidance on this subject, see Topic 922.
    
3.  c
    
    Financial reporting by broadcasters. For guidance on this subject, see Topic 920.
    
4.  d
    
    Accounting for the costs of computer software to be sold, leased, or otherwise marketed. For guidance on this subject, see Topic 985.
    
5.  e
    
    [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).
    
6.  f
    
    Accounting for the film and software costs associated with developing entertainment and educational software products. For guidance on this subject, see Subtopic 720-35.