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Business

How finance can shape Africa's push into new music markets Logo cgma

  Jessica Hubbard |   Free |   Sep 2021 |   FM magazine

Management accounting skills can be harnessed to turn creative talent and ideas into sustainable business ventures.

Topics covered:
  • Management accounting: Business: Business models, Advanced

1 Comments/Reflections

Alison O'Meally-Watson

Alison O'Meally-Watson Mar 2023

One of the best articles I have read in FM

There is a huge growth in the global appetite for African Music but the finance skills needed can be applied to any music industry

I now appreciate more how management accounting skills can be harnessed to help creatives build a profitable and sustainable business. I do love working with creatives so this is really helpful.

  • Royalty accounting is a useful niche skill 
  • Financial modeling, scenario-based analysis and cost-benefit analysis can ascertain the value of potential commercial opportunities.