At every turn, the dealerships you serve face momentous changes. OEMs are overhauling lineups to account for changing market demands and governmental regulations. Steel tariffs and export negotiations promise long-term volatility. Franchise infringement, electric vehicles, and ride sharing are even more items to consider.
The annual AICPA Dealership Conference will help you make sense of the issues across segments — auto, motorcycles, heavy trucks and beyond.
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This includes sessions from the conference: Dealership Conference 2019
Welcome and Opening Remarks | Maroone and Stein: Candid Conversations for Tempestuous Times (Oct 28, 2019 08:00 AM)
State of the US Auto Industry (Oct 28, 2019 09:05 AM)
How Dealers Should Prepare for the Future (Oct 28, 2019 10:30 AM)
CFO Panel (Oct 28, 2019 12:45 PM)
Section 199A: An In-depth Look at the Passthrough Deduction and How to Maximize Your Tax Benefit (Oct 28, 2019 12:45 PM)
Best Ideas From NCM Associates Automotive 20 Groups (Oct 28, 2019 12:45 PM)
Trends in Auto Retail and Buy-Sell Update (Repeated in AUT1921) (Oct 28, 2019 01:45 PM)
Tax Reform: Interest Expense Limitations - Capturing the Opportunities and Avoiding the Traps (Oct 28, 2019 01:45 PM)
One Price Selling (Oct 28, 2019 01:45 PM)
Practical Legal Update - What is Keeping Dealers Awake (Oct 28, 2019 03:30 PM)
Reinsurance - Questions for Insurance Administrators and Tax Update (Oct 28, 2019 03:30 PM)
What Everyone Gets Wrong About Fixed Absorption and Profits (Oct 28, 2019 03:30 PM)
A&A Update (Repeated in AUT1925) (Oct 28, 2019 04:30 PM)
Tax for Dealership CFO's and Non-Tax Professionals (Oct 28, 2019 04:30 PM)
Part Management in Today's World (Oct 28, 2019 04:30 PM)
Strategic Depreciation Alternatives to Qualified Improvement Property (Oct 29, 2019 07:00 AM)
2020 Roadmap to Expense Reduction - Profit Improvement (Oct 29, 2019 07:00 AM)
Morning Remarks | The Future is Now (Oct 29, 2019 08:00 AM)
Happenings in DC and the Global Automotive Market (Oct 29, 2019 09:00 AM)
Win the Applicant Economy (Oct 29, 2019 10:20 AM)
Dealer Dashboard: Don't Gamble on Value (Oct 29, 2019 12:30 PM)
Wayfair Sales: A Figure of Speech (Oct 29, 2019 12:30 PM)
Trends in Auto Retail and Buy-Sell Update (Repeat of AUT1907) (Oct 29, 2019 12:30 PM)
Collaborative Health Innovation (Oct 29, 2019 02:10 PM)
Internal Audit and Internal Control (Oct 29, 2019 02:10 PM)
Construction 101 - How To Get The Most Value For Your Investment (Oct 29, 2019 02:10 PM)
A&A Update (Repeat of AUT1913) (Oct 29, 2019 03:10 PM)
Elevate Business Processes with Robotic Process Automation (Oct 29, 2019 03:10 PM)
Enterprise Risk Management (ERM) is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of risk on an organization's capital and earnings. Every dealership works so hard to generate gross profit, manage expenses and build capital. Organizations need to insure that high risk areas are properly and effectively managed to reduce or eliminate large exposure financial risks. A team of experts will discuss current trends in the following areas to help manage significant enterprise risk that are common in dealerships.
Many believe that cybercrime is the biggest threat to every business in the world. By 2021 cybercrime will cost the world $6 trillion annually. Consumers are fed up with entrusting their data to organizations incapable of keeping this data secure. As a result, new consumer data privacy legislation has either been drafted or enacted. These laws will force businesses to rethink their current IT environments or suffer legal action. For many dealers this represents an evolutionary inflection point of great significance. Dealers who resist this change risk lawsuit, theft, and damage to the reputations they have established.
In this session, attendees will learn:
Based on Portfolio’s research into many leading F&I providers actual dealer agreements and other documents.
To be covered:
These are financial and profit consequences about which you can advise your dealer client.Speaker(s):
During this presentation, Ryan Brinkman will discuss the state of the US automotive industry.Speaker(s):
Today's automotive retailer must be both resolute and agile at the same time. Being brilliant on the basics is both an expectation and a requirement for future survival. Deficiencies with any key metric or in any one department will be glaringly obvious and taken advantage of by knowledgeable competitors. Shared control of the process driven by efficiency and transparency, centered around the customer, will be the price of admission in today's retail world.Speaker(s):
Join this interactive session with CFOs to discuss common industry issues and opportunities in dealerships across the country.
In this session, Travis Fryant and Kelsey Sjoberg will provide an in-depth analysis of section 199A, including general computation, which entities qualify, aggregation, and how to apply the rules to real estate entities. They will also provide planning opportunities to maximize the benefit of the deduction.
This will be a presentation of the past years best ideas form our 20 Groups. NCM Associates facilitates over 260 20 groups that meet 3 times per year. These ideas are the best of the best.
This session is a review of recent trends in new vehicle sales, used vehicle sales, F&I, fixed operations, dealership expenses, and how they are impacting dealership profits. We will also discuss how these trends are impacting buyers and sellers and get an overview of recent buy-sell transaction activity and dealership valuations.