I need a writer that is familiar with accounting specially with FASB Accounting Standard Codification.

I need a writer that is familiar with accounting specially with FASB Accounting Standard Codification.

I WILL ATTACH THE QUESTION AND MY NOTE, ALL INSRUCTION AND EXAMPLE START FROM PAGE 44 SLIDE 133, YOU NEED TO DO IN-TEXT CITATION, AND DON’T PAY ATTENTION TO THE FORMAT SLIDE HANDOUT 7 ON SLIDE 141

I need a writer that is familiar with accounting specially with FASB Accounting Standard Codification. I have a research question that should be answered using a special website, I will upload a document contains many slides. slide # 131 through 140 completely shows how to use this website. Slide 131 shows the link for finding the website, slide 132 show how the writer enters username and password(I will give username and password). when the writer enters the username and password, the terms and conditions should be accepted. After that, the writer sees webpage that looks like slide 133. there are two boxes that the writer should enter the keywords. keyword for my research probably are film, significant change and revenue recognition. Slide 139 and 140 shows a sample research question and answer. The writer should use this format and answer my question, the answer should be not necessary too long, just 3/4 paragraph is enough, but the answer should be correct based on the FASB codification. For every rule that writer find in this website should use in-text citation like sample in slide 140.

American Accounting Association:

Username: AAA51845

Password: KK4v5kZ

They are case sensitive.

Answer preview…………

The case study represents the agreement of Saturn Entertainment and Galaxy Cable Channel. Through its newly produced documentary film titled The Inner World, Saturn reached an agreement with Galaxy to sell it at a rate fixed to $4.5 million. Through the deal, Saturn also approved that Galaxy will be granted all the exclusive rights and licenses of delivering by 1st December to Galaxy as well as the initial airing date of 15th February the following year. Additionally, Saturn also projected to update the final scene of the film as well as hosting a reshoot to significantly make the movie attractive and complete. The delivery of the reshoot and the updated movie is set to be on 31st January. The issue surrounding this project is the concerns raised by Saturn on when to record the revenue of the sales from the film. Based on the FASB codification concepts, selling the rights of a film is recognized when the consumer accepts to pay a fee for the delivery after buying the product from the entity. In the case study above, the negotiated amount is $4.5 million and has to be honored (FASB, 2019, ASC, para. 25-3). When……………….

APA 449 words

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