The Media Industry Accounting Group aims to help you make sense of the complex and changing world of accounting regulation, keeping you abreast of changes in IFRS accounting policies.
This paper explores some of the key challenges under IFRS in accounting for royalty arrangements by both licensors and licensees.
We explore the critical considerations relating to the recognition, presentation, amortisation and impairment of acquired programming rights for broadcast television.
We explore some of the main implications for media companies of the revenue recognition exposure draft re-exposed in November 2011.
We look at this issues involved in planning for accounting complexity in media collaborations.