The 88th Academy Awards takes place this Sunday, and with the whole world talking about it, here are 8 things you need to know ready for the celebration:

1. Leonardo DiCaprio is once again up for another Best Actor award. Now, we don’t know about you, but we really are rooting for the guy. Whether The Revenant (his latest film where he portrays a frontiersman utilising survival skills after sustaining injuries from a brutal bear attack and being left by his team for dead) was your cup of tea or not, I think everyone agrees that Leo deserves it for his past 4 nominations. After winning the BAFTA, the SAG award and the Golden Globe for his latest role, he seems to have a good chance. So let’s all keep our fingers crossed for our favourite Jack Dawson/Romeo/Arnie Grape/Jordan Belfort/Jay Gatsby!

2. Comedian Chris Rock is presenting the awards for the second time this year, so laughter is guaranteed. However, with many black celebrities boycotting this years award show for its lack of racial diversity – will the presenter stay quiet on the issue? You will just have to tune in and see.

3. For those of us more interested in the performances than the speeches: 3 out of 5 nominees will be taking the stage to perform their Oscar-nominated original songs. Lady Gaga will belt out ‘Til It Happens to You’ from The Hunting Ground; Sam Smith will serenade us with ‘Writing’s on the Wall’; and the Weeknd will perform ‘Earned It’ for all the Fifty Shades of Grey fans out there! The Foo Fighter’s Dave Grohl will also be on hand with a mysterious “special performance”.

4. We love our own here in Britain, so make sure you are cheering for those representing us on Sunday night! Here is a list of all the British filmmakers nominated this year:

Charlotte Rampling – Best Actress, 45 Years

Kate Winslet – Best Supporting Actress, Steve Jobs

Eddie Redmayne – Best Actor, The Danish Girl

Tom Hardy – Best Supporting Actor, The Revenant

Christian Bale – Best Supporting Actor, The Big Short

Mark Rylance – Best Supporting Actor, Bridge Of Spies

Stutterer – Best Live Action Short

Alex Garland – Best Original Screenplay, Ex Machina

Sandy Powell – Best Costume Design, Cinderella

Nick Hornby – Best Adapted Screenplay, Brooklyn

Sam Smith, Writing’s On The Wall – Best Original Song, Spectre

Shaun The Sheep Movie – Best Animated Feature

5. Ryan Gosling, Tina Fey, Charlize Theron, Pharrell Williams, Jacob Tremblay, Kevin Hart, Benicio Del Toro, Margot Robbie and Whoopi Goldberg (an d many more) are all set to hand out awards at the ceremony – bringing with them fantastic wardrobes and lots of laughter, I’m sure.

6. The biggest award of Oscars night is the award for Best Picture. Make sure you know who is nominated:

Bridge of Spies
Steven Spielberg, Marc E. Platt

Mad Max: Fury Road
George Miller, Doug Mitchell

The Revenant
Alejandro González Iñárritu

Spotlight
Steve Golin, Michael Sugar

The Martian
Ridley Scott, Simon Kinberg

The Big Short
Brad Pitt, Dede Gardner

Room
Ed Guiney

Brooklyn
Amanda Posey, Finola Dwyer

7. Wondering how you can watch from the UK? Sky has it sorted. They have set up a special Oscars channel for the proceedings – titled Sky Movies Oscars. Don’t worry, even non-subscribers can access it. Red carpet coverage will begin at 11.30pm GMT, with celebrities expected to arrive at midnight, before the ceremony starts at 1.30am GMT.

8. It can be a task scrolling through Twitter and Instagram to get the best of the best info, BTS gossip and photographs from the nights festivities. Make sure you are following  @TheAcademy for all the accurate information on the winners, presenters and news. The same applies to @Telegraph, @guardianfilm and @Independent!

For all things funny, you know you can rely on @BuzzFeed to recap the night through GIFs and memes. And for fashion, head over to the fashionista bible: @voguemagazine.

Our Oscar’s Best Dressed feature will be up next week, so make sure you come back and check it out!