Auto Dealer CPAs Staff Training Webinar: Intermediate
November 29 @ 10:00 am - 12:00 pm
Method of Training: Webinar (Virtual)
Date: Thursday, November 29, 2018
Time: 10:00 AM CST / 11:00 AM EST
Duration: 2 hours
CPE Credits Available: 2
Field of Study: Management Advisory Services
This training will provide high-level knowledge on dealership financial statements and operations. This intermediate level webinar is targeted for mid-level accountants who have minimal knowledge of a dealership or manufacturer’s financial statement. Attendees will begin to understand what information is in each line account and why the information is placed there.
Tom Hern, Hern & Associates
This webinar is targeted for manager/owner/top level accounting person. Providing them the ability to make recommendations to dealers for improvements.
We will review an in-depth review of ratios and benchmarks. We will discuss operational ideas that would help the consultant/manager be a better consultant when it comes to understanding how frozen cash and the operation of the service parts and body shop should be run to be profitable.
In this webinar you will review:
- Effective labor rate
- Facility utilization
- Productivity percentages
- True turn and gross turn
- Stock order performance
- Level of service
To be able to take a dealership financial statement and locate problems in the operation, have the ability to discuss the problems and how they can be improved.
For questions about the training, please contact Patrick Pruett at firstname.lastname@example.org