Financially Managing Your Production

LevelBeginner | Intermediate | Advanced
Dates & TimesThursday 3rd March (10am - 5pm)
Contact Hours6
Fee$198 Open Channel Members / $238 Non-Members (inc GST)
Not a member? Sign up here
LocationOpen Channel, 476 Docklands Drive, DOCKLANDS VIC 3008
How to ApplyApplications for this workshop have now closed.


ABOUT THE WORKSHOP

Keep accountancy costs down – develop good financial practices from the beginning and you will carry them with you throughout your career.

Whether its crowdfunding, the offset, or industry finance that’s funding your screen production, you can’t afford to lose control of your budget!

Experienced industry-based production accountants Moneypenny (District 9, The Iron Lady, The Proposition, The Quiet American) have reinvented production accounting to make it more accessible to the non-accountant.

This one-day workshop is intended for individuals or production teams (producer, production manager and bookkeeper) who have limited experience managing the finances on a low budget film but want to do as much as they can themselves to keep production accounting costs down, control the budget, and who want to optimise production value.

This full day workshop will cover:

  • Why you need good financial management procedures on all projects, even those with the smallest of budgets
  • What your responsibilities are to funders, cast and crews, the public, the ATO, yourself and to your project
  • Understanding the finance plan and contracting – who will fund your project and what are their expectations
  • Understanding government rebates and how to access them
  • How to structure and set up your company and understanding copyright implications
  • Using accountants versus bookkeepers
  • Maintaining the accounts of a production company and the software options, including cloud-based accounting. Includes a practical demo of Moneypenny’s own low budget accounting software (bring your own laptop!) and how it can be used to facilitate remote accounting

The workshop facilitator, Moneypenny Managing Director Jane Corden, will also introduce participants to Moneypenny’s new product, the Micro Accounting Package (MAP):

‘The concept is that the low budget filmmaker who doesn’t have the experience in the financial management of projects can be supported by us, and our expertise, and can use exactly the same systems on low budget productions as would be used on a five million or hundred million dollar picture.

It is a combination of software, procedures, templates and knowhow.

We basically say you can do a lot of the work yourself, but we will make sure you do the job properly and we will provide advice. The more you do yourself, the less it costs.’

The Moneypenny Financial Management for Producers workshop arms you and your production team with the knowledge and skills to maintain your ambition, and to optimise your funds to make your budget work for you!

Read the recent ScreenHub article on Moneypenny’s new production accountancy services for low budget Producers here.


WHO IS IT FOR?

The workshop is for anyone involved in managing a screen production, including indie or low budget filmmakers, producers, production managers and accountants. More than ‘numbers’, this course is about optimising the production value within your budget.


APPLICATION DETAILS

Applications for this workshop have now closed.

View our terms and conditions.


 Jane Corden_HSTUTOR – JANE CORDEN

Jane Corden is Managing Director of Moneypenny Production Accounting Services, a company specialising in financial solutions for the Film, TV & Entertainment industry. Moneypenny has offices in Australia, UK, South Africa and New Zealand. Jane has worked side by side with filmmakers since 1983 and has headed up Moneypenny since 1988 evolving the company’s software and service offerings in response to industry needs.

Between 2004 and 2007 Jane lived in South Africa to establish a Moneypenny office which continues to service the domestic and international industry with the full range of Moneypenny Services.

In January 2009 Jane relocated to the UK to manage Moneypenny UK established in April 2008 in response to the growth of international co production and co financing opportunities. Since November 2011 Jane has been based back in Australia but spends up to four months a year travelling between film markets and Moneypenny offices.

Jane’s current focus is international financial and production solutions for film, TV and the converging entertainment industries as well as working with emerging and micro-budget filmmakers, providing accessible and affordable financial management systems, support and training.


SHORT COURSE ENQUIRIES

Daniel Schultheis
t. 03 8327 2009
e. training@openchannel.org.au