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Why Most Accountants Can't Help You Grow
Peter Ristevski says most accountants can't even run their own business, and that is exactly why they can't help you grow yours.
Peter is the CEO of Investment Plus Accounting Group, the self-described "financial surgeon," and he doesn't hold back. In this conversation we get into why most accountants hide in compliance, why the word "accountant" isn't even legislated (and what that means for who you trust with your money), and how the right structure can be the difference between surviving a bad year and losing everything.
If you run a business and your accountant only ever shows up at tax time, this one will make you rethink that relationship.
In this episode:
- Why compliance is a race to the bottom, and where the real value actually sits
- The "financial surgeon" method: reading a business like an X-ray before touching anything
- The structuring mistakes that quietly cost owners stamp duty and capital gains tax twice
- How to ring-fence your trading business so one bad event doesn't sink everything
- The new law that can force your accountant to report you, and why Peter says trust is broken
- Why his clients are setting up in Dubai, and what Australia keeps getting wrong
- Where AI genuinely helps an accounting firm, and where it doesn't
Connect with Peter:
LinkedIn: https://www.linkedin.com/in/peter-ristevski-6677b018/
Investment Plus Accounting Group: https://www.linkedin.com/in/peter-ristevski-6677b018/
Chapters:
00:00 Introduction
00:31 Why accountants struggle as business people
03:20 The "financial surgeon" concept
06:52 Diagnosing a business structure
09:28 Challenging the status quo
12:23 What real tax planning looks like
14:46 The most common structuring mistakes
16:41 Scaling the firm and expanding to Dubai
21:41 The future of accounting firms
23:07 How to reach Peter
The Ledger is the accounting series of The Operator's Playbook, hosted by Bianca, founder of WeFlow. Honest conversations with the people who run service businesses.
Most firms lose hours every week to chasing documents and admin a system could handle, time that should go to the advisory work that actually pays. That's what we build. Have a look at weflowpro.com or message Bianca on Instagram @weflowpro.
View all episodes
By Bianca BasilioPeter Ristevski says most accountants can't even run their own business, and that is exactly why they can't help you grow yours.
Peter is the CEO of Investment Plus Accounting Group, the self-described "financial surgeon," and he doesn't hold back. In this conversation we get into why most accountants hide in compliance, why the word "accountant" isn't even legislated (and what that means for who you trust with your money), and how the right structure can be the difference between surviving a bad year and losing everything.
If you run a business and your accountant only ever shows up at tax time, this one will make you rethink that relationship.
In this episode:
- Why compliance is a race to the bottom, and where the real value actually sits
- The "financial surgeon" method: reading a business like an X-ray before touching anything
- The structuring mistakes that quietly cost owners stamp duty and capital gains tax twice
- How to ring-fence your trading business so one bad event doesn't sink everything
- The new law that can force your accountant to report you, and why Peter says trust is broken
- Why his clients are setting up in Dubai, and what Australia keeps getting wrong
- Where AI genuinely helps an accounting firm, and where it doesn't
Connect with Peter:
LinkedIn: https://www.linkedin.com/in/peter-ristevski-6677b018/
Investment Plus Accounting Group: https://www.linkedin.com/in/peter-ristevski-6677b018/
Chapters:
00:00 Introduction
00:31 Why accountants struggle as business people
03:20 The "financial surgeon" concept
06:52 Diagnosing a business structure
09:28 Challenging the status quo
12:23 What real tax planning looks like
14:46 The most common structuring mistakes
16:41 Scaling the firm and expanding to Dubai
21:41 The future of accounting firms
23:07 How to reach Peter
The Ledger is the accounting series of The Operator's Playbook, hosted by Bianca, founder of WeFlow. Honest conversations with the people who run service businesses.
Most firms lose hours every week to chasing documents and admin a system could handle, time that should go to the advisory work that actually pays. That's what we build. Have a look at weflowpro.com or message Bianca on Instagram @weflowpro.