The global automotive industry remains one of the biggest manufacturing sectors. Both fast-paced and innovative, this highly saturated, technology-focused market places significant emphasis on cost and regulation with movement towards international sourcing and distributed manufacturing and assembly operations.
RSM’s automotive industry group brings together technical excellence and knowledge – understanding and meeting middle-market clients’ commercial needs across accounting, tax and operational matters, as well as helping them to remain competitive by harnessing business opportunities.
Our offering is at the vanguard of challenges that impact middle-market clients and their supply chains. With the automotive industry undergoing a significant shift, global competition is on the rise.
RSM's experienced team understands the implications this change can have on your organisation and can guide you through the complex issues confronting this ever-changing industry.
Automotive service capabilities
Our Service
Audit
Through RSM’s delivery of a single global audit methodology coupled with leading audit software, including enhanced data analytics tools, RSM automotive audit professionals can assist clients with:
- Assessment of accounting policies and assistance in optimising policy decisions
- Financial statement audit, reviews and compilations
- Review of technical accounting memoranda and conclusions
Tax
RSM’s tax professionals have a keen awareness of the issues facing automotive suppliers and original equipment suppliers globally and can provide insights involving:
- Domestic federal and international tax structuring
- Cost segregation studies
- Credits and incentives
- Expatriate compliance and planning
- Global compliance and statutory reporting
- International tax services and structuring
- M&A diligence and planning
- Tax co-sourcing and compliance
- Transfer pricing documentation and planning
Consulting
RSM’s consulting specialists offer a wide array of services squarely focused on issues and topics that are front and center to the automotive industry. Whether working with technology or management consultants, privacy and security experts, or transaction advisory specialists, RSM is positioned to support the specific needs of the automotive industry in the areas of:
- Business valuation
- Business process assessment and improvement
- Cash management
- Acquisition integration support
- Operational audits (unit level / supply chain)
- Financial accounting outsourcing
- Fraud detection and prevention
- Internal audit services
- IPO readiness
- M&A advisory and due diligence
- Transaction related services including valuation and purchase price allocation
- SOX compliance and international control consulting
- Technical accounting consulting