Hurewitz And Company • 1875 Century Park East, Suite 1025 • Los Angeles, CA 90067
Phone: 310-556-7745 • Fax: 310-388-8494 • Email: General@RoyaltyAuditors.com

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Examples of Mistakes Made in the Film/TV Industry

Review the boxes below to see a sample of how underpayment errors are made.

Improper calculations of revenues or expenditures

Understatement of "Gross Receipts"

Incorrect Distribution Fees Charged

Overstatement of "Distribution Costs & Expenses"

Overstatement of production costs

Overstatement of interest on production costs and overhead

Understatement of "Net Profits" and ultimate share due

Statement Processing Errors

Mathematical and clerical errors