• Preventing and detecting fraud

    Governing boards, usually via an audit committee, should take an active role in monitoring the risk and mitigation of fraud, as well as in overseeing an effective ethics and compliance program.
  • Floor plan interest reimbursement on recalled units

    With almost twenty million vehicles already recalled in 2014 from more than ten manufacturers, dealers are raising concerns as they are work with both the manufacturer and the customer. What is it truly costing the dealership?
  • Manage mobile device risks holistically

    Mobile devices transform the way your organization serves customers and generates business, as well as communicates with your employees and stakeholders. These same devices bring new and increased risks to your organization’s data, competitive advantage/intellectual property, and reputation. Managing these risks requires a holistic approach, which goes beyond just securing the software on a device.
  • Cash is king – An overview of dealership cash management

    Anyone who paid attention to the financial crisis that struck in 2008 has certainly heard of the phrase “cash is king.” While many define "Cash is King" to mean that a solid cash position in business represents a strong financial position, others believe it has a broader definition.