Comparison Of The Accounting Treatment Methods Of Internet Video Companies' Film And Television Works Between China And The United States

The Internet video industry is an industry that provides free or paid video streaming and download services on the Internet.Film and television works are influential assets of Internet video companies,which affect their competitiveness.However,the reality is that the accounting methods of the original film and television works are no longer applicable to the accounting reflection of the type of film and television works under the Internet platform.Internet video companies lack a system of accounting treatments for film and television works.It has been inconclusive to properly reflect the company's assets and business conditions.Without violating accounting standards,companies often choose accounting treatments that can make statements more "pretty".At the same time,when the domestic and foreign standards are different,the comparability of accounting information is further reduced.While "distorted" accounting information misleads investors,it is also increasing the financial risks of Internet video companies.Therefore,it is imminent to improve the accounting treatment methods of Internet video companies' film and television works.In addition,only when the survival environment of Internet video companies is improved and the level of profitability increased will Internet video companies have the opportunity to achieve profitability as a whole.This paper focuses on the accounting treatment of film and television works of Internet video companies.Through the comparison of the applicable standards and accounting examples of Chinese and American film and television works and the examples of accounting treatment,we find that China's current Internet video companies have deficiencies in the accounting of film and television works,mainly from film and television works Initial confirmation,amortization method,impairment plan and information disclosure provide accounting treatment plans with relatively low risks,and will provide supplementary suggestions from three aspects: executors of the standards,makers of the standards and supervisors of the standards.Hope to help Internet video companies develop better and more stable.Through the research in this paper,we can understand the current status of the accounting treatment methods of Chinese and American Internet video companies 'film and television works.By comparing the accounting treatment methods of Chinese and American Internet video companies' film and television works,we can not only see the shortcomings of domestic accounting,but also learn from the United States.The relevant practices of listed companies improve the accounting treatment of domestic Internet video companies.The ultimate purpose of the recommendations from the standard setters,code implementers and standard monitors is to hope to improve the company's living environment and improve the company's profitability through multiple measures,to get rid of the Internet video company's annual loss of the normal state as soon as possible,to help companies achieve self-survival and eternal Continue to develop.