Homes, Lowry, Horn & Johnson, Ltd.
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Certified Public Accountants

Auto Dealership Services

Auto dealerships not only have business needs that are common to many companies, they also have issues unique to the industry, such as factory reporting requirements, LIFO inventory accounting, and industry IRS Regulations. Laws governing these issues are changing all the time, making it difficult for business leaders like you to keep pace and make decisions that will help your dealership weather tough economic challenges and plan for the future.

We at Homes, Lowry, Horn & Johnson, Ltd., can help your dealership to operate efficiently and maximize its business potential. Our Certified Public Accountants and management consultants have many years of experience with a variety of auto dealerships and their issues. We keep abreast of developments in the industry and changes in regulations and are expert in generally accepted accounting principles, LIFO accounting, and the Internal Revenue Code. We can provide a variety of services for your dealership, including:
 
·         Audited, reviewed, and compiled financial statements
·         LIFO inventory accounting
·         General accounting services (such as general ledger and bookkeeping)
·         Accounting and internal control procedures evaluation
·         Lease versus purchase analysis
·         Educational seminars (on topics such as personnel policies, internal control procedures, expense reporting procedures, and accounting procedures)
·         CFO and controller support
·         Management consulting
·         Technology consulting
·         Succession planning
·         Compensation planning
·         Tax consulting
·         Federal, state, and local income tax returns preparation
·         Payroll preparation and tax reporting
·         Litigation support
·         Budgeting
·         Financial operations and cash flows forecasting
·         Designing, preparing, and interpreting management reports
 
We welcome the opportunity to discuss these and other service options with you, and to design a service plan to meet your business needs. Please call us at 703.281.4880.