Mark Ward BDO Australia

Partner, Automotive

Mark works exclusively with dealerships. His prior 10 year employment with a large motor dealer group, combined with ten years in the chartered accounting profession provides an excellent platform for the provision of professional services and enables him to assist dealerships with both their operational and statutory requirements.

These services range from the compliance for audit and tax, to the operational, including profit enhancement, analytical and review.

Key assignments

• Compliance – Mark acts for over 35 dealerships attending to the compliance function of accounting, audit and taxation. His experience has enabled the development of processes which ensure a timely and efficient result
• Valuation – The valuation of a dealership for the purpose of establishing a commercial value of the goodwill and net business assets. Advice including the most tax effective manner for disposal of the assets
• Analytical review – Assistance provided to a dealership to identify by department and franchise, the actual performance against industry benchmarks. Performance below capability is relatively easy to identify, however it is the experience gained through exposure to many dealerships which enabled the identification of the cause and solution
• Buys/sells – The successful facilitation of a dealership sale which was completed with minimal disruption to the staff and operations but at the same time maximising the net after tax proceeds to the vendor.

Qualifications & memberships

• Australian Society of Certified Practising Accountants (CPA)
• Regularly authors articles for industry magazines and newsletters