Areas of Expertise

Financial Statement Audits & Reviews

The Pomykala Group LLC assists the above industries with the following services:

Financial Statement Audits provide procedural verification of the company’s financial information. Accounts are analyzed in detail and confirmed with outside sources. As part of the audit process, TPG provides valuable insight into operations and an independent oversight for policies, reconciliations, and accountability.
Interim Accounting Reviews provide a review of balance sheet accounts to ensure the soundness of the company’s financial position and operating results. Internal controls are tested in all areas of the dealership, including parts and service.
Financial Statement Reviews are normally performed due to bank requirements; work performed has a reduced scope relative to a certified audit, but work performed by TPG more closely resembles an audit in order to provide better value.
Agreed-Upon Procedures are client specific engagements that are determined based on discussions with management and are performed to accomplish specific goals. This made-to-order engagement allows clients to focus on specific problem areas on an in-depth basis.

Operations Review & Financial Analysis

Our goal at The Pomykala Group LLC is to assist in maximizing profits, securing internal controls, and planning for the overall well-being of your dealership. Some of the services provided to our clients include the following:

Monthly Financial Statement Analysis – A monthly service that breaks down your balance sheet and income statement into key and concise trends. Balance sheet components such as cash, inventory and receivable levels, floorplan debt, and working capital are tracked on a month over month basis, as well as, by current month vs. prior year’s month. The income statement tracking components include gross profit and expenses by department, and other key areas like personnel expense and fixed coverage.
Monthly Expense Analysis – All expense categories are tracked and monitored on a month over month basis, as well as, by current month vs. prior month.
Fixed Gross Profit Monthly Analysis – Fixed gross profit categories are tracked with a special eye toward monitoring customer pay, warranty, and internal labor.
Annual Trend Report – Tracks annual operating trends to highlight a dealership’s best ever categories, culminating in a best in class sample year.
Analytical Expense Review – Provides a four-year detailed expense analysis, including pay plan review and its relationship to gross profit trends.
Day’s Supply Analysis – Tracks your day’s supply by new car, new truck, and used car and truck. Evaluates day’s supply in units vs. day’s supply of dollars on the ground, providing insight as to whether the company is stocking the appropriate vehicles.
Annual Wage Analysis – This service examines and provides a comparison of two-year employee compensation variances, productive vs. support personnel, pay rankings, and departmental compensation and determines how it relates to departmental gross profit.
Wholesale Loss Analysis – Wholesale tendencies, including trades vs. purchased units, “purchased from” vs. “sold to,” and number of days in inventory are investigated and monitored.
Average Daily Cash Analysis – Analyzes the average daily bank balance in order to maximize investment opportunities of idle cash.
Repair Order and Parts Invoice Testing – Voided parts tickets, parts credit invoices, internal repair orders, no-charge repair orders and voided repair orders are tested to ensure internal control compliance with company policy.
Open Repair Order Testing – Highlights aged open repair orders, the reasons behind why they remain open, customer data, and retail dollars available for collection.
Working Capital Analysis – Evaluates the strength of the balance sheet for sustainability during an economic downturn, as well as, for future acquisitions and growth.
Year-End Tax Planning – Comprehensive year-end tax planning and projections are performed for dealerships and owners, allowing year-end tax savings opportunities. Accordingly, April 15th will not render any surprises.

Other Services

Service Advisor Performance Analysis
Vendor Payment Analysis
Forecasts
Bill of Sale Preparation
Internal Control Reviews
Fraud Investigations
Agreed Upon Procedure Engagements
Cost Segregation Analysis for Leasehold Improvements
Available Cash Analysis
LIFO Services
Business Valuations

Tax Return Planning, Preparation & Finances

The Pomykala Group LLC also offers accounting services for individuals and small to medium sized businesses. We currently perform services for numerous businesses in the fields of:

Real estate and automotive leasing
Real estate investment & development
Supermarkets and Grocers
Food and Beverage
Medical Groups
Job placement services
Engineering
Marketing
Insurance providers
Broker dealer transactions
Legal & other professional services

See What Our Clients Are Saying

I have been using The Pomykala Group (TPG) since 2002, when I purchased my first dealership. Since then, we have added 5 more dealership locations and other businesses, including 3 car washes. The expertise and advice TPG brings to the automotive industry makes their tax audit and operational review an unbelievable return on investment. Over the past 18 plus years in this engagement, TPG has made running a dealership much more rewarding, armed with the understanding that our CPA firm has quality leadership and knowledge. Additionally, the staff they send into our stores are quality people who respect the engagement with the people they work with.

Carlos Ledezma, CEO - Cable Dahmer Automotive, Kansas City, MO

We, at the Desert Sun Group, have had the privilege of using The Pomykala Group for over 20 years. Their knowledge and expertise have helped us navigate all aspects of our business and we will continue to use them in the future.

Bobby Martinez, Dealer Principal - Desert Sun Auto Group – Alamogordo, NM

We have been using The Pomykala Group for our tax preparation and tax planning for almost ten years. They offer the full line of tax planning and tax accounting and preparation services. My tax preparation experiences (advice, planning and actual preparation) with The Pomykala Group have been very positive. I would rate the organization very highly on tax knowledge, response to my tax needs and questions, and my comfort level with sharing and dealing with such matters. I can unreservedly recommend The Pomykala Group to anyone looking for a CPA firm with solid experience, quick response time, and a friendly, professional, and courteous staff that understands your core business. I have no doubt you will be completely satisfied with their services and their pricing.

Emir C. Abinion, President & CEO - The Fox Valley Auto Group – St. Charles, Schaumburg, IL

The Pomykala Group has been my accounting firm for over 28 years. Their professional and friendly staff has been an integral part of my family’s personal and business financial growth. Their entire team stays abreast of the changing tax laws in order to always provide me with insightful advice and tax strategies.

Gina Fisher, President - The Autobarn Imports – Countryside, IL

The Pomykala Team is actively engaged and available; consistently providing valuable suggestions and assisting with establishing best-practices. Gary personally takes a proactive approach on providing real-time information on tax changes to his clients, which have been frequent in the past few years.

Todd Wenzel, CEO - Todd Wenzel Automotive – Grand Rapids, MI

We have had a relationship with The Pomykala Group since our inception and are grateful to have them in our corner. They have helped us make the right decisions along the way and navigate both the easy and tough obstacles you can expect to see in today’s difficult economic climate. In addition, we hired a new controller during this time and TPG was a tremendous asset during the learning process involved with this new position; they helped develop and grow her into the role she serves today. They are never more than a phone call away and the TPG team is eager to help. I highly recommend The Pomykala Group for your accounting, auditing, and consulting needs.

J.J. Weibe, President - JM Chevrolet Cadillac - Lufkin, TX

If you are looking for guidance and support to navigate through any environment, look no further. The team at The Pomykala Group has a wealth of knowledge unmatched by any other firm. The Pomykala Group team is sincere, accessible, and invaluable.

Tony Marino, President - Uptown Motors, Inc. – Chicago, IL

I have worked with The Pomykala Group for over twenty years. They have always shown interest and provided help towards the success of my business. They are a valued partner and I consider them to be a true stakeholder in Tom Gill Chevrolet. There is trust in our relationship!

Tom Gill, President - Tom Gill Chevrolet – Florence, KY

I have been using The Pomykala Group for over 17 years. They have helped me navigate the ups and downs of the car business. I truly value their expertise and advice. Whenever I have a question, I don’t hesitate to pick up the phone and give them a call. Their guidance has helped me maximize my operation. Gary and his staff are trusted advisors and I know they will always give me the information and advice I need.

Fred Tolsdorf, President - Champion Chevrolet Buick GMC – LaGrange, KY

I have been a customer of The Pomykala Group since 2001. The reason I first hired them is because they were an approved CPA firm for General Motors when I was a Motors Holding Dealer just starting out. I have retained them for 16 years after the MHD buyout due to the knowledge they possess as a CPA Firm. I have continued working with them because the CPA certified audit and tax returns are completed with the in-depth detail I am looking for.

Tim Lang, President - Lang Chevrolet Buick GMC Inc. – Paola, KS

We have used The Pomykala Group for decades at our dealership because we can trust their work and their advice is always accurate and up-to-date. Their knowledge of the tax law is unsurpassed, and they are always responsive to our needs. We plan to continue our relationship with them for the foreseeable future.

Stan Anders, Executive Manager - Asheville Chevrolet – Asheville, NC

The Pomykala Group has been my CPA firm for over 20 years. I have found them to be very professional and they always tell you the truth. I would also like to point out that I have never been audited by the State or Federal government. They are good.

John Reichert, President - Reichert Chevrolet and Buick Sales, Inc. - Woodstock, IL

The Pomykala Group is much more than a CPA Firm; they are our business partner and ally in an increasingly unpredictable industry and economy. We have partnered with them for over 10 years and they have earned our trust and confidence as we manage our dealerships.

Mike Reichenbach, President - Mike Reichenbach Chevrolet, Inc. – Okatie, SC

I have worked with Gary Pomykala and The Pomykala Group since 2012. Gary has assisted my organization with annual audits, asset acquisitions and tax savings ideas that have proven to be beneficial. They are an extremely competent and professional group!

Patrick DeCuir, President - The DeCuir Group, Inc. – Washington, PA

The Pomykala Group has been an asset to the growth of our company over the past 17 years. They are responsive, knowledgeable about our industry, and trustworthy.

Pam Hall, President - Tyler Motor Co. Inc. – Tyler, TX

Gary and his team at TPG have always gone out of their way to help guide my team and I through the complexities of dealership accounting. Their experience, as well as their timely, specific guidance have certainly helped us improve operations and tangibly benefited our store’s performance. I cannot imagine a better partner. Thank you!

Jim Muisenga, General Manager - Hawk Joliet – Joliet, IL

The Pomykala Group is a trusted business partner. The automobile business is diverse and ever changing…The Pomykala Group gets our business. There are many choices for accounting services, but if you want the best, choose POMYKALA!

Mark Scarpelli, Former Chairman NADA & President, Raymond Chevrolet & KIA – Antioch, IL

I have been a client for over 28 years. Need I say more? They are easily accessible for advice and their knowledge of the industry is unmatched. They are more than an accounting firm; they are a trusted friend and adviser.

John O’Malley, Owner - O’Malley Automotive Inc. – Wausau, WI

The Pomykala Group has been a great asset to our business. They always seem to be on the forefront of keeping our company informed regarding current trends and issues. Their statistical data is state of the art and helps to keep us aware of how we’re tracking on a monthly and annual basis. The team comes in and out flawlessly and we are not billed for excess time. I not only recommend them but will continue to work with them in the future.

Joe Alvarez, President - Countryside Chevrolet – Franklin, NC

It has been my pleasure to work with The Pomykala Group for over 20 years with several automotive groups. They bring a wealth of knowledge, benchmarks and accountability to any group. I have used both larger and smaller firms and feel they are unmatched in their attention to dealerships. They know our business well!

Jimmy Snyder, General Manager - Dan Tobin Buick GMC, Inc. – Columbus, OH

I have dealt with numerous accounting firms. The Pomykala Group is by far one of the best I’ve dealt with in the last 35 years.

Gus Kreatsoulas, President - Golf Mill Ford – Niles, IL

There was a time when both our office staff and operations were not in good standing. Gary and Ryan from The Pomykala Group sat down with me and listened attentively, explaining the changes we needed to make and helping us institute a plan we continue to follow today. We have since done a complete 180. TPG is a great place that really understands what dealerships need to run effectively and efficiently.

This is not just the place to use for your accounting needs, it is the ONLY PLACE

Mike Gillespie, President - Gillespie Automotive LLC – Gurnee, IL

The Pomykala Group is the best accounting firm I have worked with as a business owner. I have entrusted Gary and his team to manage the annual audits and tax preparations for both my dealerships since 2009. They are great at breaking down complex issues and providing expert advice pertaining to our business. You will not find a more accessible, competent and organized group of professionals.

John Jennings, President – Jennings Auto Group, Glenview, IL

I recommend The Pomykala Group because they are extremely adept at communicating with people outside the field of accounting. Their recommendations and insight are always direct and useful. They are a great asset to us.

John Crane, Hawk Ford – Oak Lawn, IL