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Entertainment

The Los Angeles economy revolves around entertainment, with over 100,000 people working for companies that generate tens of billions of dollars for the local economy. While film and television production are the main drivers, it is the thousands of supporting businesses that have contributed to making Los Angeles the entertainment capital of the world.

We focus on helping forward-thinking, entrepreneurial organizations and individuals within the entertainment industry by providing assurance, tax and advisory services designed specifically with their needs in mind. Our clients in the entertainment industry include production companies, distribution companies, foundations, profit participants and unions representing talent.

Assurance and Advisory
We provide financial statement audits, reviews and compilations that meet GAAP requirements. We pride ourselves on our ability to understand the strategic vision of our clients, working toward common goals while maintaining the proper level of independence. Our advisory services for entertainment clients include:

  • Revenue Recognition
  • Film Cost Amortization
  • Accounting for Complex Transactions
  • Agreed Upon Procedures
  • Mergers and Acquisitions
  • Due Diligence
  • Strategic Planning
  • Forensic Accounting
  • Internal Audit and Controls
  • Litigation Support
  • Financial Projections and Forecasts

Tax Compliance and Planning
As our clients search for innovative ways to cut costs and grow their businesses, we work to ensure they meet tax compliance requirements while maximizing the tax benefits related to their businesses. We have assisted clients with:

  • Individual, Estate and Trust Planning
  • Federal, State and Local Tax Compliance
  • Global Tax Minimization
  • Mergers and acquisitions
  • Tax Withholding assistance

Participation and Residual Audit
We perform examinations of motion picture and television producers and distributors to recover money and other valuable benefits while helping enhance relationships with the third party.
Our professionals have extensive career experience with a wide range of global home entertainment companies including every major Hollywood studio and many smaller studios and independent producers. We have provided services related to more than 80 of the top 100 grossing films of all time as well as a long list of top rated television series.

We have expanded our services to include residual audits on behalf of the Directors Guild of America, the Screen Actors Guild and the Writers Guild (“Tri-Guilds”).

Royalty and Contract Audit
In addition to auditing participation and residuals contracts, we have a dedicated team of professionals experienced with other types of contracts including:

  • Advertising
  • Digital Distribution
  • Intellectual Property
  • Partnership
  • Publishing
  • Royalty and Licensing Agreements
  • Trademarks, Patents, Brands and Images

Contact:
Ilan Haimoff, CPA, CIA, CFE, CFF
310.873.1651
.(JavaScript must be enabled to view this email address)


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Contact Us

Green Hasson Janks
10990 Wilshire Blvd 16th Floor
Los Angeles, CA 90024
310.873.1600
info@greenhassonjanks.com

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