This includes sessions from the conference: Auto Dealership Conference 2018
Dealers continue to face threats to their security, profitability and efficiency. IT concerns and issues at the Dealership have typically fallen on the financial leadership to resolve. Join dealership technology guru Erik Nachbahr for an update on the state of IT in the automotive space and opportunities to drive improvement.Speaker(s):
There are many tax changes effecting dealerships and related industries, including those under the Tax Reform Act. The business model of a dealership lends itself to unique tax issues. This session aims to create an understanding of the tax history of the industry that is still relevant today and discuss its future under our current climate.
Participants will be able to:
This interactive session built on the famous and fabulous Jeopardy game show will present an overview of topical compliance issues facing automotive dealerships in 2018. Three audience volunteers will battle for the title "Compliance Cop".
This session is designed to those new to the industry — either within a CPA firm or newly hired into a dealership management position.
This session will:
This session offers solutions to some of the pressing DMS needs that you have, including functionality on reporting, multi-company abilities, and more. These providers will also offer highlights on emerging trends and capabilities to help your dealerships. This session is sponsored by three leading DMS providers.
Sponsored by: Reynolds, Auto/Mate and Dominion
Some learning objectives to include:
This session will give an overview of who is buying in today’s buy/sell market and why, including a discussion of new investors in auto retail. Erin Kerrigan will also review why more sellers are coming to market today and the impact of rising seller volume on today’s blue sky values and multiples. Finally, she will review the importance of dealership real estate to most transactions and the effects of image facilities on blue sky value.
Fast isn’t good if the numbers are wrong. The key to a good close is preparation and cooperation from sales. Having the schedules clean and doing daily bank recs can eliminate those chores from the month end. This session will discuss the importance of getting deals to the office on the 1st day of the month and provide helpful hints to make monthly entries during the month to lighten the amount of closing entries.
After this session you will:
1. Have a clearer understanding of the close out process and steps taken in preparation.
2. Identify roadblocks in their dealership to an effective close out.
3. Know how to engage the entire dealership in expediting the month-end close.
Ever curious on what blockchain is? Want to learn to screen for use cases which may be a good fit for blockchain? Want to cut through the hype and see the reality?
During this session you will learn:
During this session we will cover recent fraud examples encountered at dealerships. We will address how the fraud schemes were discovered, what investigation steps occurred, and how each fraud may have been prevented. As a result of participating in this session, you should be able to define the current fraud risks present within dealerships, assess the fraud investigation process, and identify what controls may need to be implemented to prevent or detect the latest fraud schemes.
As a result of participating in this session, you should be able to: