After Tax Season CPE – Film Accounting – 14 Hrs
April 18, 2017 Leave a comment
Another tax season is almost over. Once you’ve got your breath back, it’s time to plan your CPE credits for the year. If you’ve been around for a while, the same-old study topics start to feel repetitious. If you agree, have a look at the largely unknown field of Film Accounting.
FILM INDUSTRY AS AN OPPORTUNITY
Within the film and television industry there are several sources of new revenue opportunities for CPA’s. The most obvious opportunity for CPA’s is to perform audits of the Production Cost Report for the State Film Tax Incentives; however, there are several other opportunities:
- Administering the State tax credit applications and forms for the production. This can be quite lucrative.
- Performing the bookkeeping for the “Indie” film, television and documentary productions.
- Tax Consulting and Filing of the corporate and personal tax returns for the “Indie” productions and producers.
- Consulting to monetize the State tax incentives.
- Performing the Post-Accounting duties for the producer (i.e. bookkeeping of the production records after the heavy Shoot Period but before release of the project).
FILM INDUSTRY SPECIFIC PRACTICES
The best way to learn more about the film industry specific practices, terms and unique general ledger software is to come to a workshop. The workshops are hands-on film accounting activities performed with proprietary general ledger software used only in the film and television industry.
FILM ACCOUNTING 101 IN MAY, 2017
The next workshop is in May, before the Memorial Day weekend, in Chicago, IL. According to rave reviews, nobody leaves the workshops bored.
For more information visit http://www.filmaccounting.com