This course is ideally suited for those already working in a finance/accountancy role and who are keen to move into the film and television sector. Production Accountants calculate finances, work out the cost of a production, communicate with financiers (companies or individuals who provide the funding) and control the cash flow, or spending. This is a demanding role that requires a level head, self-confidence and strong communication skills.

In pre-production, Production Accountants help the Producers and Production Managers to prepare budgets and Estimated Final Cost Reports. During production, they oversee all payments, manage payroll, petty cash and foreign currency and keep accurate financial records. They help monitor budgets, analyse spending and provide daily or weekly cost reports. They also produce cost forecasts to evaluate the impact of any production changes.

Course Content

This course will cover:

• Production set up and implementation of systems
• Budgeting
• Sources of finance and treatment of funds
• Completion guarantors
• Cash flow, forecasting and cost reporting
• Working with inherited budgets
• Working with multi-currency
• Running the project
• Contract and employment law
• Copyright and licences
• Taxation and insurance
• Pre production, production and post-production
• Production audits
• Management skills