Understanding Broadcast and Cable Finance helps explain all the financial complexities of a modern electronic media enterprise. Whether you are a news director, sales manager, engineer or any other non-accounting professional that has a stake in the success of your company, this book will bring you up-to-speed on the essentials of financial management for broadcasting and cable. Foreword vii Introduction to the Second Edition xi Part I Introduction to Broadcasting and Cable 3(12) Timothy Pecaro John S. Sanders The Role of the Financial Manager and Other Personnel 15(8) Leslie Hartmann Understanding Financial Statements 23(16) Glenn Larkin William Mangum Revenue 39(10) Trila Bumstead Joyce Lueders Fidel Quiralte Expenses 49(12) Trila Bumstead Joyce Lueders Fidel Quiralte Financial Systems for Broadcasting and Cable 61(16) Calvin Lyles, Jr. Bruce Lazarus Capital Assets 77(12) Ronald Rizzuto Leslie Hartmann Key Performance Metrics 89(10) Samuel D. Bush Cash Flow Measures and Reports 99(8) Anthony Vasconcellos Part II Sarbanes-Oxley and Internal Controls 107(8) Mary M. Collins Strategic Planning and Budgeting 115(8) Laura James Andrew Kober Credit and Collection Administration 123(12) Peter F. Szabo C. Robin Szabo Trade and Barter Transactions and Related Accounting 135(14) Laura Daigle John Kampfe Music Licensing and Syndication Fees 149(14) Mary M. Collins Taxation in Brief 163(10) J. Michael Hines Geoffrey J. Christian Financial and Accounting Considerations for Broadcast and Cable Acquisitions 173(18) John S. Sanders The Authors 191(8) Glossary 199(12) Index 211