Philip Maguire

Financial Reporting

Philip Maguire, CPA, CA, is a principal at Glenidan Consultancy Ltd. His practice focuses on internal controls over financial reporting for a number of publicly listed companies on the Toronto Stock Exchange. Philip teaches a number of CPD (continuing professional development) courses in Canada, England & Wales and Ireland.

Recent Blog Posts By Philip Maguire

What are the ethical issues that accountants should be aware of when using artificial intelligence?

When it comes to GAI, accountants can add the most value through their unique skills, such as model performance and reconciliation, explains Philip Maguire

How accountants can combat inefficiencies

Bureaucracy, explains Philip Maguire, CPA, CA, is a curse on the ability to manage an organization in an effective manner, to the detriment of productivity

Why accountants should spend less time on the numbers and more time explaining the results

Accounting standards are becoming so complicated, says Philip Maguire, CPA, CA, that we have lost the ability to explain the results

Why accountants should recognize the bias in accounting standards and use it to our advantage

Accounting standards have focused on the balance sheet, says Philip Maguire, CPA, CA, yet the effort to match book value to market value has been a failure