Financial Management in Creative Business
Discover how financial management can dictate your creative business world and learn key tools to successfully finance projects with this online course from AFTRS.
Who is the course for?
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.
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.
Get out your toolbox and start analysing!
What will you achieve?
By the end of the course, you‘ll be able to…
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.
