| Year | Award | Category | ||
| 1998 | American Film Institute | 100 Greatest American Movies | ||
| 1987 | British Academy of Film and Television | Best Director | ||
| 1987 | Berlin International Film Festival | Silver Bear for Best Director | ||
| 1986 | Independent Spirit Awards | Best Actor | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Sound | ||
| 1986 | Hollywood Foreign Press Association | Best Director | ||
| 1986 | Hollywood Foreign Press Association | Best Performance by an Actor in a Supporting Role in a Motion Pic | ||
| 1986 | Hollywood Foreign Press Association | Best Picture - Drama | ||
| 1986 | Hollywood Foreign Press Association | Best Screenplay | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Supporting Actor | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Supporting Actor | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Sound | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Sound | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Sound | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Cinematography | ||
| 1986 | Independent Spirit Awards | Best Cinematography | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Director | ||
| 1986 | Independent Spirit Awards | Best Director | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Editing | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Original Screenplay | ||
| 1986 | Academy of Motion Picture Arts and Scie | Best Picture | ||
| 1986 | Independent Spirit Awards | Best Picture | ||
| 1986 | Golden Globe | Best Picture - Drama | ||
| 1986 | Independent Spirit Awards | Best Screenplay | ||
| 1986 | Directors Guild of America | Best Director |
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