{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/926/20/#45-other-presentation-matters","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.","topic":"926","topic_title":"Entertainment—Films","subtopic":"926-20","subtopic_title":"Other Assets—Film Costs","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Film Costs","paragraphs":[{"citation":"926-20-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <a href=\"/updates/asu-2019-02/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2019-02</a>.</div> </div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2019-02.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:275f68746062f0cd6986c22e2612d8e34715c1a2f3b931e4b4f85dc67c644c1e","downloaded_from":"2026-09-10T02:11:57.410Z","last_downloaded_at":"2026-09-10T02:11:57.410Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483182","source_sha256":"cec5c842202d18e0e6ab8d150de298690e3862b692057d08b4e8783a13a1b5c9"}},{"citation":"926-20-45-2","para":"45-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_E0B9F19D-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> <a href=\"/glossary/f/#film-costs\" class=\"term\" title=\"Film costs include all direct negative costs incurred in the physical production of a film, as well as allocations of production overhead and capitalized interest in accordance with Topic 835. Examples of direct negative costs include costs of story and scenario; compensation of cast, directors, producers, extras, and miscellaneous staff; costs of set construction and operations, wardrobe, and accessories; costs of sound synchronization; rental facilities on location; and postproduction costs such as music, special effects, and editing.\"><span>Film costs</span></a> shall be presented separately from the rights acquired under a <a href=\"/glossary/l/#license-agreement\" class=\"term\" title=\"A typical license agreement for program material (for example, features, specials, series, or cartoons) covers several programs (a package) and grants a television station, group of stations, network, pay television, or cable television system (licensee) the right to broadcast either a specified number or an unlimited number of showings over a maximum period of time (license period) for a specified fee.\"><span>license agreement</span></a> for program materials within the scope of Subtopic <a altsource=\"GUID-E783E00C-23AB-4E88-8C68-CF75DF20E60D.ditamap\" class=\"ditamap\">920-350</a> on entertainment—broadcasters either on the balance sheet or in the notes to financial statements.</span></span> </div> </div>","snippet":"Film costs shall be presented separately from the rights acquired under a license agreement for program materials within the scope of Subtopic 920-350 on entertainment—broadcasters either on the balance sheet or in the n…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a706fc831842795386b00408b84e3c0256b49ecfca5f54b3096a7b4daf29e7dc","downloaded_from":"2026-09-10T02:11:57.410Z","last_downloaded_at":"2026-09-10T02:11:57.410Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483182","source_sha256":"cec5c842202d18e0e6ab8d150de298690e3862b692057d08b4e8783a13a1b5c9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:47a51034cc59186270b7325d1ba6e01cbbed40a1619edc9b4bb820e28a8d1972","downloaded_from":"2026-09-10T02:11:57.410Z","last_downloaded_at":"2026-09-10T02:11:57.410Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483182","source_sha256":"cec5c842202d18e0e6ab8d150de298690e3862b692057d08b4e8783a13a1b5c9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:730a0e2dd39d59bb1730e6430218b18d55640194ee620b0d4156d4853ad1ea1e","downloaded_from":"2026-09-10T02:11:57.410Z","last_downloaded_at":"2026-09-10T02:11:57.410Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483182","source_sha256":"cec5c842202d18e0e6ab8d150de298690e3862b692057d08b4e8783a13a1b5c9"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:730a0e2dd39d59bb1730e6430218b18d55640194ee620b0d4156d4853ad1ea1e","downloaded_from":"2026-09-10T02:11:57.410Z","last_downloaded_at":"2026-09-10T02:11:57.410Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483182","source_sha256":"cec5c842202d18e0e6ab8d150de298690e3862b692057d08b4e8783a13a1b5c9"}}