Dealership Fraud and Forensics
Dealership Services
Offering the dealership industry dependable solutions fastened with trusted guidance. We fill your needs with car sales accounting, car and other dealership revenue recognition and internal audits as well as automotive accounting consulting.
Our Dealership Industry Expertise
With clients in 47 states and counting, Withum can assist you not only by identifying goals but also by developing a roadmap to reach them. From dealership transaction services, valuation, forensics, outsourced accounting, warranty reimbursement, and dealership technology, our complete portfolio of services works in tandem to facilitate year-over-year growth and success at the dealership.
Dealership Outsourced Accounting
Dealership Technology Services
Dealership Transaction Advisory Services
Dealership Valuation
Warranty Reimbursement Submissions
Dealership Insights
Auto Dealership Valuations in a Normalizing Market Environment
Auto dealers are experiencing one of the most unusual transition periods the industry has seen as pandemic-driven profitability returns to more traditional levels. Inventory shortages that once pushed gross profit-per-unit to historic highs have eased, yet dealership performance remains elevated by long-term standards. Blue sky values, while off their peak, continue to sit above historical…
Hidden Fraud in Dealerships
When we think of internal fraud within a dealership, the focus generally falls on the accounting staff – those with direct access to withdraw funds. But fraud can occur in less obvious ways, still with staggering impacts on the bottom line. How much input do managers have on your monthly financial statement results? General managers…
Revved Up Records: Why Every Deal Jacket Needs a Checklist
In today’s increasingly regulated dealership landscape, keeping your deal paperwork in check isn’t just good practice—it’s non-negotiable. With compliance standards tightening and fines growing steeper, every dealership needs an airtight strategy for managing deal jackets. And that strategy starts with one surprisingly powerful tool: a checklist. What Is a Deal Jacket—And Why It Matters A…
Tips for Filing a Business Interruption Claim After a Disaster
The aftermath of a natural disaster can be devastating for all business owners, especially for those in the dealership, restaurant and hospitality industries, and can cause long-lasting interruptions in normal business operations. Business interruption insurance aids the insured in recovering lost income caused by damage to the insured’s property when an unexpected natural disaster hits….
Driving Success: HR Approaches to Enhance Productivity and Profitability in Service Departments
Following COVID-19, HR strategies remain a key discussion point, particularly flexible work arrangements. Research and debate on the topic continue to intensify, highlighted by the largest 4-day workweek trial in the UK, which starkly contrasts the ongoing announcements of 5-day Return to Office (RTO) mandates making headlines. At the 2024 AICPA Dealership Conference, I was…
Dealership Accounting Services
- Account Reconciliations
- Dealership Compliance
- Internal Controls Assessments
- State and Federal Tax Issues and Guidance Sales Tax Compliance and Nexus
- Warranty Processing Controls
- Parts Inventory Controls Outsourced Accounting and Finance
- Cost Segregation
Dealership Advisory Services
- Dealership Valuation
- Due Diligence: Sales, Mergers and Acquisitions
- Litigation Support/Expert Witness Consultation
- Succession and Estate Planning
- Fixed Operation Overviews
- Warranty Parts and Labor Optimization
- LIFO Services
- Parts Inventory Controls
Warranty Parts and Labor Reimbursement Calculators
Get an estimate instantly in just a few questions with our Warranty Parts and Labor Reimbursement Calculators. Find our how much gross profit your dealership may be missing out on. Receive the warranty reimbursement you’re entitled to.
Why Dealerships Choose Withum
As the third-largest dealership accounting practice in the country, our team of 120 dedicated professionals identifies ways to increase bottom-line revenue and eliminate unnecessary costs for our clients. Former Dealership Controllers and Fixed Operations Directors are a central part of our team, bringing with them years of hands-on experience.
Dealership Tax Checkup
Withum provides specialized tax services tailored to the unique needs of dealerships, from navigating complex tax regulations and optimizing financial strategies to unique challenges like LIFO, dealership-specific bonus depreciation rules, and regulations regarding business and floorplan interest deductions. Withum brings industry expertise to develop cost-effective corporate tax planning solutions that minimize liabilities and maximize savings. Stay ahead of tax law changes and leverage strategic planning that can help your dealership reduce costs, mitigate risks, and achieve long-term financial stability.
Active Members of Dealership Associations
Connect with Our Dealership Leaders
Industry Leader, Partner
Philadelphia, PA
Partner
East Brunswick, NJ
Partner
East Brunswick, NJ
Partner
East Brunswick, NJ
Principal
East Brunswick, NJ
Advisory
East Brunswick, NJ
Partner
Braintree, MA
Office Partner-in-Charge, Partner
Braintree, MA
Partner
Braintree, MA
Partner, Service Leader
Braintree, MA
Partner
Braintree, MA
Contact Us
For more information or to discuss your business needs, please fill out the form and a member of our team will connect with you timely.