Understanding Dealership Financials

What the course offers

This program takes the multi-faceted and complex operations of a dealership and:

  • Gives clarity to financial dynamics and operations
  • Gives an overview of tax and other regulatory requirements
  • Provides a guide to financial management.
  • Whilst not a pre-requisite, we recommend attendance at this course prior to attendance at the Academy of Excellence.

Modules and Course Content

  • The financial dynamics of a dealership
  • Guide to month end and year end reporting
  • Dealership operations and transactional flows in all departments
  • Asset management and stock purchasing considerations
  • Journal entries – the what and the why
  • How to deal with holdback
  • Cash flow and expense maintenance
  • Dealership taxes
  • Implementing and sustaining action plans.

Who this course is for

This intensive two-day program is aimed at improving the all-round management, operational and financial skills of:

  • Chief Executive Officers
  • Dealer Principals
  • General Managers
  • Future Leaders
  • Chief Financial Officers
  • Financial Controllers
  • Accountants (current and future)
  • Departmental Managers
  • Employees who are new to the Motor Industry.

 Course Format

  • Course of two consecutive days
  • Theory lessons
  • Case studies
  • Discussion roundtables
  • Group brainstorming sessions