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Compliance

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Articlesby David Keller, CPA, CFESeptember 1, 2006

The Internet And Its Effects On Accounting Departments

David Keller - The internet has improved the speed at which data can be exchanged between dealers and those that they wish to communicate with...

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Articlesby David Keller, CPA, CFESeptember 1, 2006

Fishing For Additional Vehicle Sales

David Keller - Decide what you want to sell and whom you want to sell to. What is their average age? Are they married?...

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Articlesby David Keller, CPA, CFESeptember 1, 2006

Buy Here Pay Here (BHPH) Accounting And Tax Review

David Keller - You can prepare combined financial statements if required for banking or other purposes without jeopardizing your RFC sale transaction...

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Articlesby David Keller, CPA, CFESeptember 1, 2006

Computer Record Retention

David Keller - Your people attempt to print a list of customers and sales data as requested...

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Articlesby David Keller, CPA, CFESeptember 1, 2006

Computer Data Backups And Insurance

David Keller - The first thing the owners did was call the individual who was responsible for the tape backup the night before...

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Articlesby Tom HudsonSeptember 1, 2006

going to the videotape

Thomas B. Hudson, Esq - First, if the F&I process wasn’t perfect, the videotape would record the imperfections and the tape would become ... Exhibit 1...

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Articlesby Tom HudsonSeptember 1, 2006

Consumer Unsuccessfully Challenges Enforceability Of Arbitration Agreement

Thomas B. Hudson, Esq. - “There has to be separate consideration – apart from the consideration supporting the contract of sale – to support the agreement to arbitrate.”

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Articlesby Tom HudsonSeptember 1, 2006

Oops! Someone is Sleeping

Thomas B. Hudson, Esq. - I’ve frequently have to point out to people in the car business that the Truth in Lending Act doesn’t apply to many credit transactions...

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Articlesby Rex A CollinsSeptember 1, 2006

Expensive Theft Schemes in Dealerships

Rex Collins - Internal theft is big business. It is estimated that the cost to each employer is $9 per day per employee...

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Articlesby Rex A CollinsSeptember 1, 2006

Warranty Audits: Keeping your Dirty Dozen Clean

Rex Collins - Dealers should remember that a technician is supposed to perform the appropriate documentation, not a service advisor.

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