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With the audit of our very first dealership in 1972, we understood that the automotive retail industry has distinct accounting needs that differentiate your business from all others. Since then, Morrison, Brown, Argiz & Farra has built our Automotive Dealership Division to be one of the nation's largest and most respected in the industry. In fact, we wrote the manual for the American Institute of Certified Public Accountants that explains the intricacies of your business to other accountants. MBAF is also proud to be one of the few CPA firms in the nation to receive the Motor Holding's Seal of Approval to offer our dealership services to General Motors dealerships.
As an entrepreneurial firm, MBAF fully understands the dynamics of operating a profitable dealership. That's why we work closely to fine tune our services to meet your financial goals. Effective tax and succession planning are among the services we offer to protect our clients' best interest. Other capabilities include conducting monthly financial and operational analyses to ensure that key areas of your dealership are running smoothly. We also use an internally developed "alert sheet" to promote fraud prevention.
MBAF currently provides financial services to more than 150 dealerships across the country. Our wide range of services include:
- Auditing and accounting services
- Business valuations of automobile dealerships
- Computer and information consulting
- Estate planning and succession planning
- Income tax minimization
- Litigation support
- Operational profitability analysis
- Sales and use tax representation
In addition, as an added service to our clients, MBAF provides a quarterly newsletter, Driving Profits, which is a dealer's source for profitable solutions. This newsletter offers tax saving tips and operational management advice that can help drive your profits to new heights. Our dealership consultants are also featured in industry publications such as Professional Auto News, Automotive Digest and others, providing dealers with insight that will allow them to monitor their dealerships and identify problems which may be squeezing their margins.
Furthermore, MBAF's Dealership Division includes former dealership controllers and other professionals who can provide our clients with transitional assistance and help in the training of new office personnel.
As you can see, at MBAF, we offer more than just an audit. We provide a continuous evaluation of your operating procedures and counsel you on how to best improve profits. We understand fully the complexities of this industry -- whether a dealership is a closely held family business or a multi-regional public company -- we can provide the right counsel.
