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  • Enjoyed the course, and Mr Hern as an instructor

    - Paul M

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Dealership Benchmarking Review (AUT3)

  • Customer Rating
    Not Yet Rated
  • Field of Study
    Accounting
  • Level
    Intermediate/Advanced
  • Credits
    2
  • Qualifies for

    CPE

Overview

The goal of the this webinar is to assist Senior Manager CPAs in understanding what are the most important benchmarks for each department of an Automobile dealership. By the end of the program, the Senior Manager will be able to take a dealership financial statement and understand how to perform the ratios to measure these benchmarks. In doing so, the Senior Manager will be viewed as more of a consultant to the client.

Major Topics:

  • How to use ratios in each dealership department to measure the progress of each department
  • A review of New and Used Vehicle department ratios
  • A review of Service and Body Shop Department ratios
  • A review of Parts Department Ratios
  • A review of importance ratios on the Balance sheet

Learning Objectives

  • Understand important benchmarks for automotive department in an automotive dealership
  • Know automotive terms and how they apply to the business

Who should take this course:

Designed for:

Owner or senior manager-level CPAs

Prerequisite:

None

Advanced Preparation:

None

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