The competitive challenges experienced by automotive retailers in the current economic environment could leave the operations vulnerable to fraud. Critical accounting tasks could fall 'through the cracks' if staff become over-stretched and segregation of duties becomes compromised.
It is normal for dealerships to focus primarily on developing systems to maximise profits, but in the current environment it is also prudent to review and adjust systems to reduce exposure to fraud and profit leaks.
At Moore Stephens, our automotive industry experts have developed questionnaires, retail automotive specific work programmes and 'exception reporting' techniques.
Click here to download our Dealership Systems and Controls Review flyer and learn more about how we can help you.
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