Automotive Accounting

Automotive repair shops rely upon their financial statements to understand crucial issues such as profitability and cash flow, just as lenders and investors require up-to-date financial information. At Questus, we recognize the importance of reporting on financial records in an expedient manner, so that management is not kept waiting for critical data.

The automotive accounting professionals at Questus provide the following services:

Featured Services

  • Audits, Reviews and Compilations
    Many of our clients require periodic financial statement audits, reviews or compilations for management use or for purposes of submitting financial data to bankers, other lenders or investors. Our experience in working with hundreds of dealerships is crucial in generating reliable and timely information.

  • Internal Accounting Systems
    Clients sometimes need assistance in their accounting function, resolving recordkeeping problems or improving internal accounting controls. Whether your concern is accuracy for internal management usage or compliance reporting, the Questus professionals can help.

  • Accounting Records
    We help our clients to manage their finances through our assistance in handling their accounting and preparing necessary forms. Our assistance includes:

    • • General ledger controls
    • Bank reconciliations
    • Payroll and sales tax consulting
    • Fixed asset and inventory records
    • Resolving accounting schedule problems
    • Providing temporary accounting staff

  • Consulting
    As a supplement to your internal financial staff, we can work with you on a regular basis or assist on specific projects:

    • Operational reviews
    • Strategic planning
    • Cash flow/profit planning and analysis
    • Monitoring accounts receivable and accounts payable
    • Development of management reports
    • Reviewing proposed capital expenditures
    • Cost/benefit analysis
    • Negotiating financing
    • Bank relationships
    • Buy/sell agreement consulting
    • Dealership mergers and acquisitions
    • Assistance with staffing requirements, including training

    • For more information on how Questus can make a difference in your automotive business, contact Martin Nye at 847.580.5401 or e-mail to martin.nye@cjbs.com.
    CJBS Automotive Accounting