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

Auto Dealership Services

Auto dealerships have unique issues such as factory reporting requirements, LIFO inventory accounting, and industry IRS Regulations. These issues influence the decisions you make as a business leader. Additionally, as laws relating to your business change and as your business grows and changes, it is difficult to determine what courses of action are best for your business. It is incumbent upon you to ensure your organization's compliance with current federal regulations, as well as to guide your organization with sound business practices. As a result, successful dealerships look to outside sources for advice in making difficult business decisions. Finding these sources should be a high priority.

As Certified Public Accountants and management consultants we help our clients to operate efficiently, achieve their goals, and maximize their business potential. Our qualified professionals have many years of experience with a variety of auto dealerships and their issues. We keep abreast of current changes and are well-versed in generally accepted accounting principals, LIFO accounting and the Internal Revenue Code. We can provide a variety of services for your business, including:

  • Audited, reviewed and compiled financial statements
  • LIFO inventory accounting
  • General accounting services (general ledger, bookkeeping, etc.)
  • Accounting and internal control procedures evaluation
  • Lease versus purchase analysis
  • Educational seminars (personnel policies, internal control procedures, expense reporting procedures, accounting procedures, etc.)
  • 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
  • Business valuation
  • Litigation support
  • Budgeting
  • Financial operations and cash flows forecasting
  • Designing, preparing and interpreting management reports

Our services are not limited to those listed above. We customize our services to meet your specific needs. Please call us to discuss your business needs.