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Friday Footnotes: Anyone Wanna Work in Hollywood?; Profit-Hungry CEOs Love Gen AI; KPMG’s SF Future | 1.19.24

Going Concern

TSG’s lawsuit filed last August in Los Angeles District Court said that Fox had promised TSG a share of defined gross receipts for pictures under the companies’ long-term participation agreement but that the studio used “nearly every trick in the Hollywood accounting book” to not pay.

Arizona 103
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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

Record transactions in accounting books. All business accounts are recorded in your accounting books. Of course, accounting books aren’t real books, as they used to be back in the day. Accounting software can facilitate the process of generating those financial statements.