Posts Tagged: movie accounting

FASB’s influence on what you watch

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Accounting Today, the Financial Accounting Standards Board’s (FASB’s) recent accounting standard update adjusts production costs of films and episodic content produced for TV and online streaming services such as Netflix and Hulu. Questions: How has the accounting for costs adjusted with the way we now consume media? What does the accounting standard eliminate?… Read more »

The Movie Thor Rocks!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

“Thor: Ragnarok” rocked the box office for the second weekend in a row. Questions: 1. What was the movie’s competition? 2. Who stars in the movie? 3. How much has the box-office success taken in since opening? 4. Research this one: How does accounting in the movie industry vary from other industries? Source: Staff. (2017)… Read more »