June 25, 2008
Hollywood Accountants Go Global Due to Increasing Overseas Motion Picture Revenue
Sills & Gentille, a division of Green Hasson & Janks LLP (GH&J), creates worldwide partnership to manage the increasing portion of motion picture revenue generated in foreign markets. Motion Picture Association of America data show that the international portion of worldwide box office revenue increased from 51% in 2001 to 64% in 2007.
Steve Sills, CPA, JD, Partner, has represented talent in the movie industry for the past twenty years and conducted international audits throughout the world. He recently led a training symposium in London to educate senior members from HLB International affiliated offices across Europe. "Our international resources enable us to have trained personnel carry out film audits with long-distance management from us," said Sills. "Also, our international affiliates will be able to use this knowledge for their respective national film industry."
"The relationships built through our involvement in the international network offer our clients the opportunity to review the international accounting records in a cost-effective manner. This level of client service differentiates us from the rest of the marketplace," said Michele Gentille, CPA, Partner.
Additionally, Sills is an author of "Movie Money: Understanding Hollywood's (Creative) Accounting Practices" and a recent speaker at the UCLA Law Entertainment Symposium. Gentille is a frequent speaker at universities and conferences.
About Green Hasson & Janks LLP
Sills & Gentille, a division of Green Hasson & Janks LLP, specializes in audits of production and distribution of motion pictures and television programs on behalf of third party participants, assisting talent in obtaining their fair share of profits from the motion picture studios. As the entertainment industry's preeminent participation auditing practice, Sills & Gentille has provided consulting services to more than 80 of the top 100 grossing films of all time.
Green Hasson & Janks LLP is a business advisory and public accounting firm specializing in audit, consulting, and tax planning. For 55 years, GH&J has worked with private companies owned and managed by individuals with an entrepreneurial spirit and drive that require more than the traditional financial statement and tax return. Key industries include: entertainment, environmental services, manufacturing, nonprofit and real estate. GH&J has over 100 employees and ranks among the top 20 accounting firms in Los Angeles County.
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For more information, contact: Ian Farrington 310.873.1628 Email Contact Green Hasson & Janks LLP Business Advisors & CPAs 10990 Wilshire Blvd., 16th Floor Los Angeles, CA 90024 www.ghjadvisors.com
SOURCE: Green Hasson & Janks LLP