Auto trends

Strategies to maximize R&D for automotive companies

The ability of automakers and suppliers to include tooling expenses in their R&D credit can create a tremendous benefit.

The impact of South Dakota v. Wayfair on the automotive industry

The elimination of the sales and use tax physical presence could have a profound impact on the tax compliance obligations of auto suppliers.

How is ASC 606 affecting the automotive parts suppliers?

Some automotive parts entities have encountered accounting and operational challenges in applying the new revenue recognition standard.

Blockchain technology could drive efficiency for auto suppliers

There are a number of compelling cases that could be made for using blockchain technology in the auto sector. But the key is the network.

Are you accounting for your core inventory correctly?

There is little accounting guidance regarding how to treat cores. Remanufacturers should ensure the methodologies they use are supportable.

Proactively managing the implementation of ASC 842

While 2019 may seem far off, planning should begin now in order to ensure an effective and efficient implementation of the new standard.