Dealership Accounting Office
This learning path is tailored to employees working in the accounting department or business office of an automobile dealership. Accounting and business office employees should be knowledgeable in many areas of law when it comes to the finance and sales process. These lessons will help Accounting Office employees understand what to look for in a deal and what do to if something is not right.
Video Content:
1.5 Hours
Quiz Questions:
64
Lesson Topics:
12
Estimated Time to Complete:
2.5 Hours
Included Lessons
FTC Safeguards Rule: Basics
Non-Public Information | Recognizing NPI | Employee Responsibility | Computer Network | Internet Safety
Accounting Compliance Checklist
Importance of the Checklist | Components of the Checklist | License & Insurance | Credit Application | F&I Menu | Buyer’s Order | RISC | Form 8300 | OFAC | Customer Copies | F&I Issues | State or Dealer Specific Forms | Addressing Issues Identified with the Checklist
FTC Red Flags Rule: Basics
What is a Red Flag? | What Actions Does the Rule Require? | Identity Theft Prevention Program
Credit Applications
Introduction to Credit Application | Gross and Net Income | Questions About Income | Signature Issues Customer Copy | Proof of Income | Additional Income | Straw Purchases | Fraudulently Altering Income | Fake Proof of Income
Adverse Action Notices
When to Issue Adverse Action Notices | Situations When an Adverse Action Notice is Required | Model Notices | Best Practices | Required Content | Required Disclosures | Incomplete Applications & Document Retention | Dealer Liability | Sample Adverse Action Notice
Cash Reporting (FinCen 8300)
FinCen Form 8300 | What is Cash? | Suspicious Transactions | Related Transactions | Dealer Responsibilities | Potential Penalties | Best Practices
Customer Signature
Ink Signatures | Electronic Signatures | ESIGN Act Disclosure | Legal Overview | Signature Issues
Employee Sexual Harassment & Discrimination Prevention
Introduction | Legal Overview | What is Sexual Harassment? | Examples of Conduct | Employee Complaint Process | Protected Classes | Discrimination in the Workplace
