Delivered in partnership with Disney, to meet increasing Industry demand, this unique Professional Diploma course aims to give students the expertise to succeed in this demanding but exciting role, as well as the opportunity to make key contacts to move to a career in the film and television sector.
This course is delivered online, giving you the opportunity to learn outside of normal working hours. Sessions run every 2nd Saturday of the month (09:00-11:00am and 12:00-14:00pm), followed by an evening Zoom session on the last Monday of every month (6:45-8:45pm).
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.
As a Production Accountant, you’ll 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 requires a level head, self-confidence and strong communication skills.
In pre-production, your role will be to help the Producers and Production Managers to prepare budgets and Estimated Final Cost Reports. During production, you’ll oversee all payments, manage payroll, petty cash and foreign currency and keep accurate financial records. You will help monitor budgets, analyse spending and provide daily or weekly cost reports. And also produce cost forecasts to evaluate the impact of any production changes.
To equip you with the skills required in your role as a Production Accountant, this course covers:
• 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
The course also aims to offer participants work placements on UK productions, helping them gain an invaluable end-to-end overview of the vital role of a production accountant on independent size projects and some of the highest profile productions being made in the UK.
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