CRI460 Financial Management for Creatives
Across creative industries like film, television, communications, design and publishing the need for financial competency is critical to success. This course aims to bridge the gap between creative practitioner and creative entrepreneur. It will teach core financial concepts applicable to any business, but with a focus on working in the creative sector as a freelancer or employee. Topics include understanding financial statements, financial forecasting, budgeting basics, cash flow management, pricing strategies, evaluating new creative ventures, tax basics, and fundraising. This course will be available as an open elective to all students.
Learning Objectives
- Understand the basics of personal finance for starting a sole proprietorship (registering business, budgeting, forecasting and completing taxes)
- Create, analyze and present information in spreadsheet software (eg. Excel or Google Sheets)
- Explain the structure and inter-relationship of financial statements for creative enterprises
- Be comfortable reading, interpreting or creating financial information for creative endeavors
- Use financial information to create budgets, price services and make recommendations
- Analyze information from financial statements using key performance indicators and variance reporting
The course will not have a textbook to purchase. Instead you will be asked to work through interactives available in this online text book and in your D2L Brightspace course shell.
Welcome to the course