#CA-02-07 The Essential Financial Management Toolbox for Film, Screen and Broadcast
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- Course level: All Levels
About Course
Australian Film Television and Radio SchoolDescription
Become Empowered in Financing Creative Projects
Arm yourself with a deeper understanding of the financial skills required to begin the journey to successfully financing a new project. Learn more about the financing ‘tools’ that drive screen content creation and creative businesses around the globe.
What topics will you cover?
FINANCE SPEAK
- Core accounting principles and the language of financing creative projects.
- 3 key financial statements that all investors live by.
HOW DOES MONEY FLOW AROUND A COMPANY?
- ‘The Balancing Act’ of balance sheets.
- Why ‘Cash Flow is King’ and the realm of profit and loss statements.
- ‘Long Live the King’. If you make a profit what can you do with it?
- What are all these taxes?
WHAT IS A COMPANY?
- Business structures and setting up your own creative endeavour.
- Director, shareholder, board, auditors… what do all these people do?
- Working with capital, liabilities and debt.
Who will you learn with?
I am a highly experienced professional screen practitioner, encompassing roles as Producer, Writer and Media Consultant, working across film, television and corporate.
Dr Gerard Reed is a Senior Lecturer in Screen Business at the Australian Film Television and Radio School (AFTRS) and has experience in economic development and entrepreneurial innovation.
Who developed the course?
Australian Film, Television and Radio School (AFTRS) is Australia’s premier screen arts and broadcast school, offering top online courses on FutureLearn.
What Will I Learn?
- Identify the basic financial skills relating to the establishment and ongoing maintenance of a company.
- Discuss the basic financial structures supporting an existing company.
- Identify key financial drivers in companies.
- Investigate basic financial spreadsheets.
- Discuss the financial reasoning behind a business proposal or business plan.
- Improve your financial analysis of your own creative proposals.
Topics for this course
Meet the educators.
Meet Gerard Reed – Key Educator for this course.00:01:02
Meet Peter Herbert – Key Educator for this course00:00:55
Draft Lesson
Welcome!
Let’s talk about finance speak…
Definitions.
The 3 key financial statements.
Some reading and resources.
The course is very good. Let me to start a company. I have a deeper understanding of company finance and other knowledge. Good course. It is recommended that those who want to start a company can learn from it.
I've been in business for years but I've never learned anything about balance sheets, income statements, tax statements, etc. These are handled by others. This course is very good. It gives me a basic understanding. Ability to understand company financial statements.
In this course I learned more about the core accounting principles and creative project financing language. More important are the three key financial statements on which all investors depend. Great course.
It's so hard to start a business these days. Almost all of them need financing. Raising money requires a deeper understanding of financial skills. It was a great class. It made my career a lot clearer. Let me better prepare for financing.
Requirements
- While this course doesn’t require any existing specialist skills or equipment, basic Microsoft Excel spreadsheet and formula skills, or equitable free software alternatives, will give you a head start.
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Target Audience
- This course is designed for screen media content creators and business operators who want to better understand the financing of projects.
- Whether you are a production accountant, a small business operator, a creative business manager or an emerging producer with a slate of prospective projects, this course will provide you with a better understanding of where to start and how to get your creative project financed.