Featuring (click image for more information):

R. James Alerding? CPA/ABV, ASA, CVA Clifton Gunderson LLP	Kevin R. Yeanoplos CPA/ABV/CFF, ASA Brueggeman and Johnson Yeanoplos, P.C.	Carl Woodward CPA Woodward & Associates, Inc.

---

Why You Should Attend

The auto industry has been perhaps the easiest segment of the economy to keep track of these past few years. Between bail-outs, recalls, and industry innovations it's been hard to miss the changing fortunes of these titans of industry. What has been difficult, however, is quantifying how these changes affect the end of the supply chain: the dealer.

In "Valuing Auto Dealerships" expert appraisers Jim Alerding and Kevin Yeanoplos will join Carl Woodward, one of the nation's leading experts on automobile dealership accounting, valuation, and operations. From new car sales through service and repairs, these three will lead you through the ins and outs of this ubiquitous and challenging valuation assignment.

Agenda
Topics to be covered

• Classic considerations in automobile dealership valuation
  • Operations and management techniques of auto dealerships
  • Accounting principles of the industry
• Emerging challenges
  • The current market environment
  • Forced closures of franchises from auto makers & the resulting automobile market
  • "Cash for clunkers" and the impacts of related government programs
  • What is the value proposition and "formula" in today's economy
  • Liquidation and sales challenges
• A view into the future of the auto dealerships
  • Stock of auto dealers
  • Treatment of expenses
  • Ability of surviving dealerships to weather future economic turbulence

Learning Objectives

• Learn how outside factors have affected auto dealerships, their ability to operate, and their future prospects
• Understand which characteristics of this industry separate it from others, and how to deal with them in a valuation
• Clarify what the future is likely to look like for this badly battered industry

BVR's Teleconference Usage Policy

Purchase of admission to any of BVR's teleconferences grants ONE phone connection and ONE computer connection per physical location per registration. Additional unregistered phone or computer connections are a violation of BVR's Teleconference Usage Policy, and BVR reserves the right to withhold CPE credits from both registered and unregistered users in violation of this policy.

Group Discounts Available

For group discounts on Teleconferences contact Linda Mendenhall at lindam@bvresources.com or (503) 291-7963 ext. 125.

CPE Credits for Unlimited Listeners

Have as many eyes and ears take advantage of your registered connections as possible:CPE credit is available for an unlimited number of listeners to any registered line. To add listeners for CPE credit, contact customer service (cs@bvresources.com or (503) 291-7963) with main registrant's name, the names of the persons to receive credit, and their email addresses. We welcome as many eyes and ears to take advantage of those connections as possible.

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group-Live
Recommended CPE: 2 Credit Hours (Consulting Services)

Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org NASBA Sponsor

On Demand Packs: Conference Recordings & Transcripts

BVR's On Demand Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.

Each On Demand Packs includes:

• Recordings and transcripts of the presentation
• All presentation visual aides and handouts
• All ancillary reading materials suggested by our presenters

For a complete list of available On Demand Packs from past teleconferences, click here.