Media Industry Accounting Group

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.

Stay up to speed with the implications these changes will have for entertainment and media companies through our ongoing series of publications and events.

Making sense of a complex world: Media investments in technology companies

June 01, 2015

This paper explores some of the key IFRS accounting issues that can arise when making investments in technology companies.

Making sense of a complex world: Online gaming: Real issues in virtual worlds

May 04, 2015

This paper explores some of the key IFRS revenue recognition issues in the world of online gaming.

Making sense of a complex world: Revenue recognition principal/agent arrangements issues for media companies

May 30, 2014

Key IFRS accounting considerations for principal and agent arrangements for media companies.

Making sense of a complex world: Revenue recognition: Payments to customers - issues for media companies

May 30, 2014

Key IFRS accounting considerations for payments by media companies to their customers

MIAG: Content development and cost capitalisation by media companies

July 24, 2013

This paper explores the critical considerations relating to the classification, capitalisation and amortisation of content development spend, which present challenges such as which IFRS standard to apply; when to start and stop capitalising costs; which costs to capitalise; and how to amortise them.

Making sense of a complex world: Accounting for royalty arrangements – issues for media companies

June 10, 2012

Challenges under IFRS in accounting for royalty arrangements by both licensors and licensees.

Making sense of a complex world: Broadcast television - acquired programming rights

April 10, 2012

Recognition, presentation, amortisation and impairment of acquired programming rights for broadcast television.

Making sense of a complex world: Accounting for joint ventures - issues for media companies

July 21, 2011

This PwC paper explores some of the accounting complexities related to joint ventures which can arise for media companies both under existing IFRS and in the future.