(909) 971-1000 info@khopatel.com

Automotive Accounting

The Automotive Industry is burdened on a daily basis with challenges that include personnel turnover, regulatory compliance, surging overhead, fierce product-line competition, the perils of balancing inventory to trends and slipping gross profit margins, to name a few. Dealer’s with the foresight to keep ahead of these challenges seek solutions specifically designed for their industry. Kho & Patel is at the forefront of Automotive Dealership (including Recreational Vehicles) accounting and consulting, having represented over one hundred dealerships ranging in size from single point stores to large mega dealerships, including foreign held entities. Combining years of experience, our specialized Automotive Dealership staff are considered experts in their field, offering a wide range of services from operational support and accounting refinement to the development of strategies to maximize profitability.

We provide the following services specific to the Automotive Industry:

  • Accounting, Month-End Closing, Bank Reconciliation, et al
  • Attestation (Reviews, Examinations, Agreed-Upon Procedures)
  • Audits, Reviews & Compilations
  • Business Valuation
  • California Enterprise Zone Tax Credits
  • Cash Flow & Budget Analysis
  • Consulting
  • Cost Segregation Studies
  • Dealership Buy/Sell Consulting and Assistance
  • Debt Structuring and Restructuring
  • Employee Benefit Plan Audits
  • Employee Compensation Plans
  • Financial Statement Analysis
  • Fraud Prevention & Detection
  • IRS Representation
  • LIFO Analysis
  • Operational Budgeting
  • Operational Reviews
  • Strategic Planning
  • Succession Planning
  • Tax Compliance & Amendments
  • Tax Planning and Strategies

Industry Affiliations

  • Orange County Automobile Dealers Association
  • Hawaii Automobile Dealers Association