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Intermediate Production Accounting & Tax Credits

This 3-day workshop provides you with in-depth and practical information on production financing and accounting.

  • Create a budget, a financing plan and cash flow reports
  • Understand tax credit eligibility requirements
  • Get hands-on experience fulfilling required elements of applications to Ontario Creates, CAVCO and CMF, from development to final reporting
  • Learn how to wrap production financials

Created thanks to popular demand! Our Intermediate Production Accounting and Tax Credits Workshop will delve deeper into the role of the Production Accountant and the staff of a typical production accounting department.

In this workshop, you will participate in interactive discussions and exercises on the methods and procedures used by the production accounting department.

You will also learn about business structures, budgets, cash flows, controlling costs through cost reports, the workflow of the accounting department, applying for and estimating the refundable tax credits, and the eligibility requirements and application processing for funding agencies such as the Canada Media Fund.

REGISTRATION PERIOD

Regular: September 24 - October 15, 2018

Bursary application period: September 24 - October 5, 2018

PROGRAM DATES & LOCATION

All sessions run on Saturdays from 9:30 AM to 4:30 PM (attendance required at all three sessions).

  • October 20
  • October 27
  • November 3

Location: Humber College, Lakeshore Campus (2 Colonel Samuel Smith Park Drive, Etobicoke ON)

WHO SHOULD APPLY

The WIFT-T Intermediate Production Accounting and Tax Credits Workshop is recommended for those who have moderate/working knowledge of production accounting and/or financing. People who have taken the Production Accounting and Tax Credits and/or the Business Affairs and Finance module in our Media Business Essentials intensive will find this workshop builds on those modules.

This workshop is open to women, men, WIFT-T members and non-members.

Please note that this workshop is not affiliated with any training required to upgrade your accounting department category in the Directors Guild of Canada.

2018 FEES

WIFT-T Members: $375.00 (+ HST)

Non-Members: $500.00 (+ HST)

PLEASE NOTE: WIFT-T Members who register for this workshop as well as the Introduction to Entertainment Law workshop (open now for registration) can register for a reduced fee of $325.00 (+ HST) for each workshop.

Fee includes workshop tuition and lunches.

BURSARY INFORMATION

Two (2) bursaries will be made available to cover the fee for two individual registrants. These bursaries are made possible through the Foundation for Women In Film & Television – Toronto.

To be eligible for a bursary, the registrant must be a self-identifying female professional from an underrepresented group OR demonstrate financial need.  

For the purposes of this application, ‘underrepresented group’ is defined as visible minority*, Indigenous or a person with a disability. Applicants should self-identify in their Letter of Intent. Applicants should clearly indicate that they wish to be considered for a bursary in their Letter of Intent.

*Visible minority is defined as Black/African/Caribbean, Asian, Pacific Islander, Middle Eastern, and/or Latin American.

These bursaries are open to WIFT-T members and non-members. Bursaries cannot be used for any other purpose.

The Bursary application deadline is Friday October 5, 2018 at 5:00 p.m. ET

To apply for a bursary, please follow the instructions here.

Instructor

All sessions in this workshop will be led by Linda Stregger, BA, CPA, CMA. (Media Production Consultant/Senior Director of Finance and Business Development, Spin Master Ltd.)

Linda Stregger is a Toronto-based Media Production Consultant. She specializes within the media and communication industries assisting domestic and international clients with their pursuit of funding and producing in the Canadian market.

Linda has more than 25 years’ experience in the television industry including working with PricewaterhouseCoopers in their media tax division; Domestic Broadcasters in live sports, animation productions and live action series; Cable channels during their start up years; and managing a successful production company. Linda was the co-owner of Up Front Entertainment Inc. where she combined her accounting training with a keen eye for story and imaginative production style to lead teams that delivered the highest quality programs. Up Front produced more than 27 documentaries and 20 series for domestic and international broadcasters.

Linda is also a Canadian Screen Award nominee, recipient of several international festival awards and the proud winner of a Gemini. She is a guest instructor at Humber College’s TV Arts & Media program in Toronto and serves as Treasurer for not-for-profit organizations: Horizons for Youth Shelter, the Visual Arts Mississauga at Riverwood and Women In Film & Television Foundation. Linda sits on the boards of WIFT-T and the Foundation for WIFT-T, and mentors emerging professionals through WIFT Connect.

Sessions

Day 1: Business and Structure

This day will begin with a review of the business structures typically found in the screen-based industry, with a concentration on the structure and workflow of the Accounting Department. Using a real life document as the basis for the workshop’s Case Study, elements of the budget, stages of production and cost reporting will be the focus of the day through discussion and exercises.

Day 2: Funding and Tax Credits

Using the case study built in Day 1, this day will dig deeper into the various types of funding involved in production. Topics for a fuller discussion include: which genres are eligible for various forms of funding, key elements of the Ontario and Federal Tax Credits, completing Ontario and Federal tax credit calculations, and navigating a completing the Ontario and Federal Labour Schedules.

Day 3: Production Package and Financing

This day brings all the elements learned in the previous two days together into a final production package. By the end of the program participants will be able to: complete a cash flow for a production. Develop a final production package for audit. Understand the financial statement treatment of a final production and be able to complete a CAVCO application.

Ready to crunch the numbers?
Register today!
Ready to crunch the numbers?
Register today!