Alliance Atlantis Communications Inc. changed its accounting policy to amortize broadcast rights over the contracted exhibition period,

Question:

Alliance Atlantis Communications Inc. changed its accounting policy to amortize broadcast rights over the contracted exhibition period, which is based on the estimated useful life of the program. Previously, the company amortized broadcast rights over the lesser of 2 years or the contracted exhibition period.

Instructions Write a short memo to your client explaining the implications this has for the analysis of Alliance Atlantis’s results. Also, discuss whether this change in amortization period appears reasonable.

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