musicians of old

Chapter 636 Cinema Rating System

"audit?"

Fanning's words made the Montgomery brothers look at each other.

In this old industrial world, there is naturally the concept of auditing, but in today's era, the scope of auditing activities is still very narrow, mainly targeting government agencies or public welfare social organizations.

Even some companies with a strong public service nature, such as the Tiolian Railway, have only been included in the proposed scope in recent years.

The empire's taxpayers, philanthropists and wider voters are more concerned with the financial compliance of public institutions.

  After all,

If the employer is willing, then there seems to be nothing wrong with it?

Unlike the conservative Janus or Lydia, Theolaine's various social concepts have always been ahead of the times.

"We can help you," the Montgomery brothers said quickly. "Auditing is also our main expertise. We can help you review the expenditure records of Turner Hall's theaters at all levels one by one and find out the hidden problems."

Little Montgomery said meaningfully: "Economic issues are the concentrated reflection and root cause of all problems. Haha, Master Fanning, according to our past experience, mastering these subtle factors will make you more justified and handy in the process of internal struggles in selecting people and allocating power."

"It's good news that you have this professional foundation, but I have a more important purpose."

Fanning smiled slightly at this time.

"I am considering giving appropriate blows, but I have no intention of playing a trick on anyone. What Turner Theater hopes for is better and healthier development, right? Gentlemen, I want to state here that Turner Theater is willing to pay twice the market price to commission this audit. However, I have some very special requirements that you must meet."

"Please give me your guidance."

When the Montgomery brothers heard the word "double", their excitement was quickly suppressed. Little Montgomery took out a small notebook and sat up straight to prepare to take notes.

Considering the size of the Turner Hall cinema chain, the intended order amount is already large, so if the employer is willing to pay double the price, the audit may not be that simple.

"Checking each account one by one is definitely one of the important means, but the final deliverable I want is not a pile of forms and ledgers, nor a list of problems! I don't expect only fragmentary conclusions from a blanket review. My requirement for your work is to audit from the perspective of the 'balance sheet' of each level of cinema chain!"

  In fact, the situation that Tiollain is in right now is similar to the “detailed audit” phase of Fanning’s previous life at the turn of the 20th century!

Since economic activities at that time were relatively simple, the audit was to go through the income and expenditure one by one, with the goal of detecting errors and preventing fraud.

  But during and after World War II, the goal of auditing gradually shifted to the "balance sheet audit" stage!

"For any cinema chain, I need you to gradually separate and examine the authenticity and compliance behind each asset, liability and owner's equity, so as to judge their health and operating risks. Then, make quantitative ratings for them! Establish a rating system covering the entire cinema chain! Dynamically adjust it every quarter! This will be the decisive basis for the headquarters to make funding, construction assistance, artistic resource allocation, or notification, interview, suspension of business, and personnel adjustments to their management team! ”

“Of course, this commission starts with the ‘balance sheet’, but don’t limit yourself to the ‘balance sheet’!”

"For example, there are county-level cinemas, urban and small-town-level cinemas, block-level cinemas and small-town-level cinemas. The rating orientations of cinemas at different levels are inherently different. Higher-level cinemas tend to focus on profitability and the quality of large-scale performances, while lower-level cinemas tend to focus on public welfare and popularity."

“For example, the economic and population sizes of different regions are different, and the art market conditions are different. You need to consider in detail the differences between the north and south of the empire, the differences between industry, agriculture and cities, the differences between the coast and the inland, and even the cultural differences between the continents, and give different weights to each indicator when rating.”

"In addition to the financial perspective, the human perspective is another aspect. It's time to test your interview and executive portrait skills."

Fanning spent more than an hour making clear and detailed requests to the two heads of Montgomery Company.

Moreover, considering the acceptance of the concepts of this era, many very specific examples are given. However, as the leading figures in the current imperial auditing industry, the basic skills and comprehension of the Montgomery brothers should not be underestimated.

With an employer who can clearly express his needs, they, as service providers, quickly grasp the key points.

  And the more they listened, the more they felt as if they had missed something.

Isn’t this Master Fanning a musician?

Why do the auditing businesses that the company used to do seem so trivial in comparison?

Finally, Fanning made several important arrangements:

"I authorize Deputy Director Lou Adair to be the general contact person for this audit business. You guys check the details. He will be fully responsible for signing the contract. Our theater chain already has an internal performance evaluation system. I will have Lou hand it over to you. Please study it thoroughly and make good use of and connect the two."

Big Montgomery, who was sitting next to Lu, quickly shook hands with him with a friendly expression.

"For this audit team, I have designated Monroe Law Firm as the only legal consulting partner. As you all know, 'intellectual and cultural property rights' is one of their strong areas of expertise, and the Turner Art Hall's business is inextricably linked to mysticism."

"As for the cooperative pricing, you can decide it by yourselves. I support it if it's 20% to 30% of the total commission amount or something like that."

The two men nodded repeatedly and greeted Lawyer Monroe who was sitting at the other end.

  The employer is willing to pay twice the market price, what other objections can they have?

The Monroe Law Firm is also an industry protected by the Guidance School. In their view, 20% and 30% are just a matter of transferring money from the left hand to the right hand.

"Oh, and our administrative and human resources departments will also join the audit team. You can seek their support for things like inspection interviews."

The audit commission was thus finalized.

The Montgomery brothers quickly stood up and said goodbye.

First of all, I would like to thank Master Lou Adair for the introduction.

Then they told Fan Ning that they would digest today's content as quickly as possible after returning, make good training mobilization, and bring quotations and contracts when they meet next time.

"Carlon, what's wrong with your brain?" As soon as the two of them closed the door, Xilan said with admiration and sigh, "Why have I never thought of arranging the work in this way before?"

"If I were in your position, I wouldn't have thought that I could work for another ten years." Lawyer Monroe smiled politely.

What Sheeran, Lu, Monroe and others didn’t know was that Fanning’s advanced ideas were not just the product of the “balance sheet audit” stage.

Using auditing as a starting point, we diagnose the operating conditions of cinema chains in various regions, and connect them with our own market positioning and development concepts, promote the excellent ones, rectify the lagging ones, and ultimately form a dynamic and complete internal brand evaluation system!

  Many of the things that Fanning instilled have become modern products of "standardized channel operations"!

The commission he put forward to Montgomery Accounting Consulting Company would probably be written into the analysis case, and would push the development process of the empire, which is still in the "detailed audit" stage, forward by several decades!

"Mr. Fanning needs skill and courage just to make this final decision." Lu snorted coldly at this time, "Now he has a large group of people to support, inside and outside, up and down, those short-sighted guys. I'm afraid there will be a lot of resistance to the advancement of this matter in the future."