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On the move: KPMG releases pair of reports

TLDR:

  • KPMG released two reports: “Addressing the Strategy Execution Gap in Sustainability Reporting” and “Accounting for Film and TV Content in the Age of Streaming.”
  • The reports focus on challenges in sustainability reporting and accounting for media and entertainment finance organizations in the era of direct-to-consumer streaming.

KPMG U.S. recently released two important reports focusing on sustainability reporting and the challenges faced by media and entertainment finance organizations in the age of streaming. The first report, “Addressing the Strategy Execution Gap in Sustainability Reporting,” highlights the need for organizations to bridge the gap between strategy and execution in sustainability reporting. The second report, “Accounting for Film and TV Content in the Age of Streaming,” discusses the challenges faced by media and entertainment companies in applying accounting requirements to modern production and distribution models.

Key Points:

On the move: KPMG releases pair of reports

By Danielle Lee | February 16, 2024

KPMG U.S. released a new report, “Addressing the Strategy Execution Gap in Sustainability Reporting,” which focuses on the challenges faced by organizations in sustainability reporting. The report emphasizes the need for organizations to align their sustainability strategy with execution to drive real impact.

The firm also released a separate report, “Accounting for Film and TV Content in the Age of Streaming,” based on a survey of media and entertainment accounting professionals. The report highlights the challenges faced by finance organizations in applying accounting requirements developed for traditional production and distribution models to the current landscape of direct-to-consumer streaming.


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