Since the audit of our first dealership in 1972, we've understood the unique accounting needs of the automotive retail industry. So well in fact, we co-authored the Auto Dealership Engagement Manual, published by the American Institute of Certified Public Accountants, which serves as an instructional manual for accountants auditing and consulting with automotive dealerships.
At MBAF, we offer more than just an audit. We provide a continuous evaluation of your operating procedures and help you understand how to best improve profits. Most of all, we are aware of the complexities of your industry – whether a dealership is a closely held family business or a multi-regional public company – and are here to provide you with the best counsel to achieve your goals.
Our understanding of automotive dealerships is so extensive that we created the manual for the American Institute of Certified Public Accountants, which explains the intricacies of your business to other accountants. MBAF is proud to be one of the few CPA firms in the nation to receive the Motors Holding's Seal of Approval to offer our services to General Motors dealerships.
Key Automotive Dealership Services
- Auditing and accounting services
- Business valuations of automotive dealerships
- Computer and information consulting
- Estate planning and succession planning
- Income tax minimization
- Litigation support
- Operational profitability analysis
- Sales and use tax representation
We take the time to branch out in any way we can to specify our services to your industry. Our advisors think beyond your dealership's needs to provide attentive, proactive solutions, beyond audit reports and tax filings.
One of the ways we go the extra step is by putting together our 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 include former dealership controllers and other professionals who can provide our clients with transitional assistance and help in the training of new office personnel. We've even been featured in industry publications such as Professional Auto News and WARD'S Dealer Business to provide dealers with insight that will allow them to monitor their dealerships and identify problems which may be squeezing their margins.
