Automotive

We’ve logged many miles in servicing the automotive industry since 1938. Our automotive industry team has the experience, knowledge, and resources to provide timely and tested planning strategies and advice.

Managing a dealership is complicated and demanding.  At HTB, we work diligently to provide the financial solutions and reliable business strategies you require to provide a more efficient operation.

We will go the extra mile throughout the year to provide you with the service you and your dealership require and deserve. That’s why the Louisiana Automobile Dealer’s Association has chosen to endorse Hannis T. Bourgeois, LLP as its accounting firm of record. It’s also why many dealers turn to HTB as an integral part of their management team.

In addition, HTB is a  member of Auto Team America which is a network of eleven CPA firms that serve over 2,000 auto dealerships nationwide.  Members meet regularly to share dealership specific information and solutions to most effectively meet the needs of automotive dealers. The combined resources of the Auto Team America member firms allow more in-depth and specialized training which results in unmatched industry expertise.

Dealers are facing mounting financial pressures such as government compliance issues, hiring, retaining and managing employees, greater customer expectations and overall increases in the cost of conducting their business.  These specialized issues require CPAs with a wide range of experience in the automotive business.  Some of the specific services we provide to auto dealers include:

Dealership Consulting:

• Buy/Sell Consulting
• Franchise Applications—Consulting and Preparation
• Internal Controls—Evaluation and Implementation
• Financial Statement Analysis and Performance Review
• Profitability and Expense Control Studies
• Accounting Personnel Screening
• Parts Inventory Physical Count—Supervision/Observation
• Business Valuations
• And More!

Accounting:

• Audit, Review and Compilation of Financial Statements
• Special Purpose Audits
• Personal Financial Statements

Income Taxation:

• LIFO Implementation and Calculation
• Tax Planning—Corporate and Personal
• Estate and Succession Planning
• Tax Return Preparation