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Text Chapter 619 PricewaterhouseCoopers

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    The money in Hong Kong is sufficient for the time being. Li Mingbao also wants to know the amount of funds. The most troublesome thing is the industrial funding situation in the United States.  Since Li Mingbao is not in the United States all year round, and the industrial development there is also changing with each passing day, a month's capital income is not a small amount, plus some necessary investments. Although there is a professional team of lawyers monitoring the incoming and outgoing of every fund,  In addition, Li Mingbao also appointed a professional financial team to strictly supervise the funds.  But after all, the industry is somewhat scattered. It is easy to find a single fund, but it is more troublesome to summarize it. ?? Summarizing such things is not a big deal for ordinary companies. For Li Mingbao, who has a team of lawyers and a financial team, it is not a big deal.  But the problem is that Li Mingbao¡¯s previous industries in the United States have not been summarized at all.  In other words, if he wanted to summarize, Li Mingbao would have to count all his bills, income and reimbursements from the time he went to the United States again. This is not a simple matter.  A company is not afraid of such a summary. After all, Li Mingbao's industries have statistics once a year each, and the general ledger will not be bad. However, some classified accounts are more vaguely managed, and statistics once a year are simply not up to the mark.  When it comes to requirements and standards, the most troublesome thing is that Li Mingbao's industry there is not just one company.  Instead, there are three large companies, and there are some smaller categories below them.  This is the real big trouble.  The accounts of Li Mingbao¡¯s patent sales company are very easy to calculate. It is not even a company. It is completely managed by a team of lawyers. After removing the costs, and then looking at the total income, you can see how much it is at a glance. It is relatively simple.  But the accounts of DreamWorks are more troublesome. With the development of DreamWorks, it is no longer a simple film production company. If it were just like this, DreamWorks would not be called the most developed by Hollywood.  A fast large film company, under the umbrella of a large film company, owns many industries. Even in Hong Kong, film companies like Golden Harvest own a lot of industries, and some additional businesses are also  It's on Jiahe's head.  This is true even in Hong Kong, let alone the large film companies in Hollywood. Not only do they need to make movies, they also need channels. In addition, Lee Ming-pao's DreamWorks film products often use video tapes.  Therefore, in terms of channels, DreamWorks¡¯ construction is not bad. With acquisitions and mergers and its own capital investment, up to now, not to mention completely covering the entire North American market, but as long as it is in some cities with potential, DreamWorks¡¯ video channels  It's all laid out in those places.  DreamWorks has spent nearly 50 million US dollars in cash on the construction of the channel alone. This is only an initially successful channel. To completely improve it and become an influential channel like a giant, the amount of money required is,  The minimum requirement is more than 200 million U.S. dollars, and the daily maintenance costs are not low.  Otherwise, why are there never more than ten giant film companies in Hollywood?  Isn¡¯t it because of such channel costs that not every film company has the ability to improve it.  ¡° Channels like Li Mingbao¡¯s are much simpler than those of Hollywood¡¯s giant film companies. The main and most important task of this channel is relatively simple, just the distribution of video tapes.  As for those giant film companies, their channel perfection is simply not comparable to that of small channels like Li Mingbao. Any node of their channel has the ability to independently complete distribution, distribution, promotion and marketing, and other things.  Task.  Compared to a simple channel like Li Mingbao, that is definitely a huge difference.  Therefore, it is basically difficult to calculate an accurate number. Fortunately, Li Mingbao is not doing total asset statistics, but just counting things like cash flow. If he makes such a statistical report, even relying on Li Mingbao alone  It is simply impossible to complete it in your own company, and only those professional statistical teams can complete such complex business.  Not to mention Li Mingbao, for Twentieth Century Fox, if they want to calculate an exact company output value, they can only rely on a professional statistical team. It is impossible to complete it by themselves.  In fact, as long as it is a large-scale industry company, it is necessary to rely on third-party organizations to complete the statistics of their own assets.  In this world, only professional statistical companies can calculate these things. If unprofessional statisticians take over this business rashly, they will never be able to touch a single hair.  And this is not the most troublesome company. The really troublesome companies are the ones that even third-party statistical companies cannot count. That is the real troublesome company. Even professional statistical companies dare not say.  It is best to be able to count such companies well.?In this way, we can roughly estimate the value of the company. As for the details, haha, it would be exhausting to calculate.  Since Li Mingbao wanted to calculate the cash flow problem of the industry in the United States, Li Mingbao naturally could not remain idle, so a week after receiving John's call, he calculated the cash flow he had in Hong Kong.  After that, Li Mingbao called Mary at DreamWorks and asked her to come forward to ask a professional company to calculate the cash flow status of its American industries. Of course, this time Li Mingbao specified that the company doing the statistics was PricewaterhouseCoopers.  Although people in Hollywood generally use Arthur Andersen in this era, Li Mingbao does not trust the credibility of Andersen. After all, Arthur Andersen collapsed because of Enron. How high is their credibility?  Only God knows that in the collapse of Enron, even if Arthur Andersen did not play a key role in it, even Li Mingbao would not believe it. An organization that can help other companies make false accounts can also hide it from itself.  The subordinates deceived themselves as their boss. As long as the profits are sufficient, their credibility is toilet paper. Although PwC's credit cannot completely reassure Li Mingbao, at least the cost of buying them will be higher than the cost of buying Arthur Andersen.  .  If his subordinates really use their own money to harm the public and enrich themselves, then PricewaterhouseCoopers must have better integrity than Arthur Andersen. In our own industry, it is not the turn of the people below to bribe these giants. After all, the benefits are not huge.  Cost, they don¡¯t have the capital to buy it.  In this matter, checking cash flow is Li Mingbao's most important business, but for PricewaterhouseCoopers, Li Mingbao's requirements are not just in this aspect. The company in the United States is far away, although the company has sent some  Reliable personnel have been monitoring in the past, but this does not allow Li Mingbao to sit back and relax. If someone really wants to take advantage of the loophole, then even if Li Mingbao is there every day, problems may easily arise.  Since the establishment of the company, there has not been a real inventory check, so this time Li Mingbao is going to check the cash flow issue to thoroughly check the company.  People who really want to make small moves should have appeared in the company by now. After all, several years of leisure time are enough to make anyone who is vigilant lose their vigilance. This investigation will definitely be able to find out some.  If the problem is not too serious, Li Mingbao is not going to put much effort into rectifying it, but if there are some excessive people, it is better to clean them out as soon as possible.  This will also put a shackle in the hearts of people at DreamWorks Program Production Company.  Although the profits of DreamWorks Film Company are high, it is not enough for Li Mingbao to play such a vigilant role. After all, in the beginning, Li Mingbao just regarded the company as a grazing cow. After the cow became fat,  You can take it out and sell it. As long as the articles on the surface are decent and the company's operations are about the same, Li Mingbao is too lazy to take care of some minor problems and just treat them as benefits for those people.  But now the interests involved in DreamWorks are far from what Li Mingbao planned before. In this way, the importance of DreamWorks has also been highlighted.  In addition, DreamWorks now has not only a film company, but also a program production company. Li Mingbao can ignore the interests of the film company, but Li Mingbao does not pay much attention to the TV program production company.  Pass.  Although Li Mingbao wanted to conduct a thorough investigation in the past, he did not have a suitable excuse and coupled with the lax management in the past few years, he did it hastily and easily affected the stability of the company.  But now that he has a new, more profitable company, and he needs cash, Li Mingbao has the most suitable excuse to conduct a large-scale inspection of his company. As long as those who have done well after the inspection are found,  Naturally, he would get an upgrade, raise his salary, become CEO, and marry Bai Fumei.  ¡°But if there are people who have problems, Li Mingbao doesn¡¯t mind letting them go in and eat two years of cornbread.  That is to say, it can clean up the company's atmosphere, it can also shock the new DreamWorks program production company, and it can also find out how much money it has.  There are so many benefits, even if the price of hiring PricewaterhouseCoopers is high, Li Mingbao recognized that if there is no such professional company to conduct an inventory of his company, there is absolutely no point in doing it on his own.  Mary had no objection to Li Mingbao's sudden need to check the company's accounts and calculate cash flow. As a person with strong professional ethics and her own ideals, the temptation of money was not too great, so she simply  There was no problem. She had even mentioned to Li Mingbao before that she wanted to check the company. It would be best to make this kind of work a routine in the company.  But Li Mingbao had no good excuse at the time, so he refused. This time Li Mingbao suddenly proposed such an idea, and Mary naturally supported it.
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