The Academy Awards ceremony is the biggest event of the year for the film industry and preparations are almost over for the event.

The golden color larger-than-life sized Oscar statues have been placed outside the Kodak Theatre, which will be closed down this year.

Crews have been busy placing the Oscar status on the red carpet under yellow plastic that is to be unwrapped just before the show.

Here are some pictures of the preparations for the most-awaited entertainment award ceremony.

Oscars Preparations
Workers roll out the red carpet in front of the Kodak Theatre as preparations for the Oscars continue in Hollywood, California February 22, 2012. The 84th Academy Awards will take place on Sunday. Reuters
Oscars Preparations
A lighting technician adjusts lights on the red carpet during preparations for the 84th Academy Awards in Hollywood, California February 23, 2012. Reuters
Oscars Preparations
Members of the production team converse in front of the Hollywood and Highland Center during preparations for the 84th Academy Awards in Hollywood, California February 23, 2012. Reuters
Oscars Preparations
Scenic artist Sam Costa paints a sign in preparation for the 84th Academy Awards in Hollywood, California, February 23, 2012. Reuters
Oscars Preparations
Shawn Schull (2nd-L) greets another worker after he and John Shipston (R) carried a large piece of artwork to the red carpet area during preparations for the 84th Academy Awards in Hollywood, California, February 23, 2012. Reuters
Oscars Preparations
A worker prepares lettering in the red carpet arrival area during preparations for the 84th Academy Awards in Hollywood, California February 24, 2012. Reuters
Oscars Preparations
Oscar statues wait to be unveiled in the red carpet arrival area during preparations for the 84th Academy Awards in Hollywood, California February 24, 2012. The Academy Awards will be given out in Hollywood February 26. Reuters