Motion Picture and Television Industry: Accounting & Auditing Overview

Course Details


Wednesday, February 6, 2019

6:30am – 2:00pm
(Registration: 6:00am)

Field of Study


Course Number


CPE Credit

8.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation


General knowledge of motion picture and television industry, as well as entertainment accounting.


Shine the spotlight on audit, accounting and tax practices unique to the entertainment industry to understand how the various areas of entertainment accounting impact each other.

Cover topics from production budgeting to GAAP to profit participations and to entertainment tax updates. Receive the essential information to be the star of the financial show.

Materials are provided as an ebook for this course.


  • Deal-making, budgeting and production process
  • Revenue distribution sources and expenses
  • SC 926, GAAP for motion pictures and television
  • New revenue recognition standards
  • Entertainment industry trends and challenges


  • Identify the motion picture budgeting and production process.
  • Determine capitalization and amortization of film costs: ASC 926, accounting by producers or distributors of films.
  • Recognize IASB and FASB new converged standards for revenue recognition.
  • Identify the components of motion picture distribution, including revenue and expenses.
  • Be aware of entertainment tax hot topics.
  • Get more familiar with studio breakevens for profit participation reporting.

Designed For

CPAs and attorneys.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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