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.
All sessions run on Saturdays from 9:30 AM to 4:30 PM (attendance required at all three sessions).
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.
Please note that this workshop is not affiliated with any training required to upgrade your accounting department category in the Directors Guild of Canada.
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.
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.
To apply for a bursary, please follow the instructions here.
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.
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.
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.
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.
This course truly gave me the edge when speaking to production accountants. It gave me an overview of what to do to help a producer coupled with practical application. As every day passes working in film, I am more and more grateful that this course was awarded to me.
This program is presented in partnership with Ontario Creates and the City of Toronto.