The diploma is aimed at individuals working in accounting who want to work in the film and TV sector, and is part of a range of new NFTS courses.

Applications are open for the course until the 13 October 2016 with students starting studies in January 2017.

To join the course, academic or vocational qualifications are essential or demonstration of relevant competency through work experience.

Production accountants calculate finances, work out the cost of a production, communicate with financial backers and control the cashflow, or spending.

In pre-production, they prepare budgets and estimate final costs, oversee payments and keep accurate financial records while monitoring budgets and spending.

Nik Powell, NFTS director said: ‘We are extremely pleased to be partnering with the Production Guild on our new production accounting diploma as their reputation and expertise within the production industry is second to none. We chose these new postgraduate courses to fill gaps in the market and introduce a new range of skills that will benefit our industry; building a new network of aspiring production accountants is a key part of this aim.’

Alison Small, chief executive at the Production Guild said: ‘This exciting new course will sit alongside our full time assistant production accountant training scheme (APATS) to build new talent in the area of production accounting.’

For more information on the production accounting course