BUDGET, CASHFLOWS & RECORD/BOOKKEEPING
Get on top of the numbers before they get on top of you

Schedule:
Monday, April 12th, 6pm - 10pm
Wednesday, April 14th, 6pm - 10pm

Cost:
Members $65
Non-members $85

Enrollment is limited to 14

From production prep, to shoot, to post, and final receipt of all outstanding financing balances, careful forecasting and management of production finances are essential to the smooth and successful delivery of a production. In this intense workshop we will investigate the composition of production financing including Federal and Provincial tax credits, demystify production budgets templates like Telefilm's, learn the difference between a production budget and a production financial statement, look at the relationship between the budget and the production schedule, and the difference between a locked and unlocked budget. We will also explore what it takes to: create realistic budgets and cashflows-research and construct a financing scenario-track and control production budget expenditures. In addition to learning the essential skills to keep your own books, we will delve into the relationship between fiscal responsibility, reporting obligations including GST, delivery specifications, and the affect it all has on incoming production funds. Plus, we will examine the difference between Financing and Interim Financing, their affect on production cashflows, and why timely collection and completion of production records and accurate bookkeeping are essential to the delivery of a production 'on budget', and finally how it all impacts on the production's ability to collect on promised financing and pay its bills.

Instructor:
Marva Ollivierre has over 20 years of industry experience and is a Gemini nominated Executive Producer, a management accountant, awarded writer, the creator of the highly successful cross-Canada lecture series making your art your business and was previously Executive Producer and Head of Business Affairs at Inner City Films. During her 5-year tenure with ICF, she successfully directed corporate rebranding, revamped administrative procedures and policies, implemented budget controls, brought distribution in-house and engineered a new marketing/sales strategy that remains highly lucrative. She also re-focused and nurtured the company's development slate-two productions have received recognition: Skin Deep, Gemini Winner-Best Lifestyle/Doc, and the Canada/South Africa Co-Production Jozi H, 4 Gemini Nominations including Best Drama Series. In 2006, Marva started her own independent production house. There are several projects on the company's development slate, one of which, the commissioned documentary Made In Canada is in production.
www.doeeyeproductions.com