Production & Distribution Finance Archives - ELEMENT Certified Public Accountants

Avoid film production budget mistakes with expert tips on planning, contingencies, and tax credits.

Film Production Budgeting Mistakes That Cost Millions

Posted on September 9, 2025

Key Takeaways: Films exceed budgets by 31-40% on average, making proper financial planning essential for survival Pre-production planning failures create the most expensive budget disasters during principal photography Contingency funds should represent at least 10% of total budget, allocated strategically across departments Tax credit mistakes cost millions annually—Georgia's 30%...

Build trust with film production investor relations using clear, strategic financial reporting.

Film Investor Relations & Financial Reporting: Best Practices for Production Companies

Posted on September 9, 2025

in Production & Distribution Finance

by Cassandra

Key Takeaways: Transparent financial reporting directly increases follow-on funding opportunities for production companies Effective systems balance comprehensive disclosure with protection of sensitive deal information Real-time reporting tools prevent investor surprises and build confidence during production challenges Proactive crisis communication separates successful EPs from those who lose investor support Specialized film...