#BeMore with Green Hasson Janks
Dan Landes, CPA, is a Senior Manager within the Firm’s Audit Practice and has over 10 years of public accounting experience. Dan leads the Firm’s Technical Consulting Group over revenue recognition and the application of the upcoming changes to the revenue recognition guidance. Dan also helps lead the Audit Department’s Entertainment and Media practice and is an expert in the application of accounting, auditing and general business consulting to digital media, advertising, technology and filmed entertainment companies.
Dan has been a guest lecturer at the UCLA Anderson School of Management teaching revenue recognition. He also led a film production accounting seminar at California State University, Northridge. In addition to guest lecturing at universities, Dan led the Firm’s recruiting efforts at the University of California, Santa Barbara, is actively involved in the Firm’s Mentoring Program, and has led various Firm trainings such as the Revenue Recognition Standard Update, Financial Statement Preparation and Supervision and Review. Dan was also the co-author of our 2015 and 2016 Entertainment and Media White Papers, was a member of the 2015 CalCPA Employee Benefit Plan Conference Panel, and currently teaches the revenue recognition segment of at the Motion Picture and Television Industry: Accounting & Auditing Overview.
Before joining Green Hasson Janks in 2009, Dan worked at Pricewaterhouse Coopers within their Consumer Products Auditing Practice.
Dan graduated from the University of California, Santa Barbara where he received a Bachelor of Arts in Business Economics with a special emphasis in Accounting.
ASC 606 - Revenue from Contract with Customers represents the most significant change in accounting methodology in the past 20 years. The objective of the new guidance is to create and help standardize how revenues are recognized across all industries to improve comparability and transparency. ASC 606 has the potential to significantly impact the way that revenue has been recognized historically, increase disclosure requirements and change the internal tracking and recording of revenues. ASC […]
On Nov. 7, 2018, the Financial Accounting Standards Board (FASB) issued a Proposed Accounting Standards Update (ASU) that would change the way the entertainment industry accounts for production costs of an episodic television series to be more aligned with the accounting for production costs of films. Under current GAAP, production costs for episodic television series are only capitalized up to the amount of revenue that is contracted for each episode in the initial market until persuasive […]
Now that alternative platforms to YouTube are taking hold, the Multi-Channel Network (MCN) arena is changing swiftly. Influencers are now reaching millions through their videos and content on various video platforms. With increasing notoriety, many have their own product lines, bestselling books and movie and television cameos. Due to their large fan bases, many of these influencers have marketing and branding opportunities through digital media that are more lucrative than ever. Digital content […]
In January 1996, Bill Gates coined the term “Content is King.” His essay on this topic started by saying, “Content is where I expect much of the real money will be made on the Internet” and went on to say, “One of the exciting things about the Internet is that anyone with a PC and a modem can publish whatever content they can create.” Let’s flash forward almost two decades where the ability to access content is no longer limited to a TV or computer. In fact, according to a recent report by the […]
Like most people, I was drawn into the world of advertising agencies because, for a lack of a better word, they are just plain cool. When we think of advertising agencies, the first images that may pop into our heads are creative commercials, billboard ads or maybe even those annoying pop up ads on our free phone apps. For others, it is the image of the mysterious but extremely talented Don Draper from Mad Men. One thing that probably doesn’t quickly come to mind is the various quirks and […]