Beyond Accounting: Business Credit 101 for Accountants
1.0 Credits
Member Price $0.00
Non-Member Price $100.00
Overview
Approximately 72% of small business owners don’t know they have a business credit score, and many still rely on personal credit to fund and grow their businesses. For accountants, that knowledge gap creates an opportunity to bring greater value to the clients they already serve.
In this session, Kendale King (formerly with Deloitte and Netflix) will break down what accountants need to know about business credit, why it matters to their clients, and how to provide guidance without creating another time-consuming service for their firm.
Walk away with a practical understanding of business credit and another way to help clients build stronger, more financially resilient businesses without adding more to your plate.
Speaker
Kendale King, CPA
Kendale King, CPA, is the founder and Managing Partner of KCK CPA, a Los Angeles–based accounting firm providing tax, accounting, and advisory services to businesses and individuals. Before launching his own practice, Kendale built his career across public accounting and media, holding roles at Deloitte, The Siegfried Group, Netflix, ITV Studios America, CFGI, and Vaco - giving him a rare mix of Big Four rigor and in-house finance experience. He studied at Morehouse College and Cleveland State University. Kendale is a member of the American Institute of CPAs, the California Society of CPAs, and the National Association of Black Accountants, and is affiliated with FASB and NASBA. Learn more at www.kck-cpa.com.
Highlights
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At the conclusion of this event you will understand:
- Why many small business owners have little visibility into their business credit and the advisory opportunity that creates.
- How personal and business credit differ, including the potential risks of relying on personal credit alone.
- How to guide clients toward establishing and strengthening business credit without adding to your workload.
- How technology can simplify the credit-building process, including Lili’s BusinessBuild program, in collaboration with Dun & Bradstreet.
- Why many small business owners have little visibility into their business credit and the advisory opportunity that creates.
Prerequisites
None
Designed For
Public Practice
Objectives
Upon completion of this session, participants will be able to:
- Identify why many small business owners have limited visibility into their business credit and recognize the advisory opportunity this creates for accountants.
- Explain the differences between personal and business credit, including the potential risks of relying on personal credit alone.
- Describe approaches for guiding clients toward establishing and strengthening business credit without significantly increasing the accountant’s workload.
- Evaluate how Lili’s BusinessBuild program, in collaboration with Dun & Bradstreet, can help simplify the business credit-building process for clients.
Preparation
None
Notice
FICPA Webinars are presented virtually.
Our Webinars include a live presentation with speaker audio, video and PowerPoint presentation. Attendees can ask questions. The presenter(s) will repeat questions to share with all attendees and answer questions as time allows. Individuals can also reach out to the presenter directly via email after the event.
For more information feel free to call the FICPA Member Service Center at 800-342-3197.
Non-Member Price $100.00
Member Price $0.00