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Dr Dawkins Brown

IFRS 15: Transforming Revenue Recognition for a Transparent Future

Revenue recognition is a cornerstone of financial reporting, directly impacting how businesses present their performance to stakeholders. The introduction of International Financial Reporting Standard (IFRS) 15, Revenue from Contracts with Customers, represents a significant shift in the global financial reporting landscape. Designed to standardize revenue recognition practices across industries, IFRS 15 has redefined how organizations...

The Impact of IFRS 9: Transforming Financial Reporting Standards Globally

Since its implementation in January 2018, the International Financial Reporting Standard 9 (IFRS 9) has had a profound impact on financial reporting across the globe. Replacing IAS 39, IFRS 9 introduced fundamental changes in the way financial instruments are recognized, measured, and reported, with an emphasis on greater transparency, forward-looking information, and a better alignment...

IFRS 17: Transforming the Insurance Landscape – A Strategic Perspective Introduction

The implementation of IFRS 17 Insurance Contracts marks one of the most significant accounting changes in the insurance industry in recent decades. Effective from January 1, 2023, this standard introduces a new level of transparency, comparability, and consistency to insurance reporting worldwide. For insurance entities, IFRS 17 is not merely an accounting adjustment—it is a...

The Integration of AI into Audit Processes: Transforming the Landscape for External and Internal Auditors

In the ever-evolving world of business and technology, artificial intelligence (AI) has emerged as a transformative force across industries. For audit professionals, AI offers unprecedented opportunities to enhance accuracy, efficiency, and insight in auditing processes. As businesses embrace digital transformation, external and internal auditors must adapt to harness the potential of AI while addressing its...

Adapting Taxation in a Transforming Economy: Insights from the OECD’s Consumption Tax Trends 2024

The OECD’s “Consumption Tax Trends 2024″ report provides a detailed exploration of consumption tax policies across its member countries, highlighting Value Added Tax (VAT), Goods and Services Tax (GST), and excise duties. As global economies evolve, so must tax systems. The report offers critical insights into how consumption taxes are structured, their efficiency, and how...

In 2023, the Organisation for Economic Co-operation and Development (OECD) reported a stable average tax-to-GDP ratio of 33.9% among its member countries. This level represents a slight decrease of 0.1 percentage points compared to 2021 and 2022 but remains above the pre-pandemic average of 33.4% observed in 2019. The data reveals a delicate balance as...

The Business Motivation Model: A Strategic Framework for Organizational Success

In the dynamic world of business, organizations must consistently strive for effective alignment between their strategic objectives, operational actions, and organizational goals. Achieving this alignment is often a challenging task, particularly for businesses navigating complex environments with ever-evolving market forces, regulatory requirements, and internal dynamics. To address these challenges, the Business Motivation Model (BMM) offers...

The Digital Economy Outlook: Key Insights for 2024

As the world becomes increasingly interconnected, the digital economy continues to drive transformative changes across industries, governments, and societies. According to the OECD Digital Economy Outlook 2024, the rapid adoption of digital technologies such as artificial intelligence (AI), cloud computing, and the expansion of 5G networks are reshaping the global economic landscape. The Accelerating Digital...

The Cybersecurity Value Chain: A Comprehensive Approach to Protection

In today’s increasingly connected world, cybersecurity has become a fundamental pillar of organizational resilience. Businesses, governments, and individuals alike are facing constant threats from cyberattacks. To safeguard against these risks, a comprehensive understanding of the cybersecurity value chain is critical. This chain not only addresses immediate security needs but also ensures long-term protection through strategic...

Enhancing Communication: A Deep Dive into the TED (Tell, Explain, Describe) Framework

In an era where effective communication is more important than ever, understanding how to convey ideas clearly and persuasively is key. The TED (Tell, Explain, Describe) Mind Map is a comprehensive approach to presenting information in a structured and impactful way. What is the TED Framework? The TED approach focuses on three fundamental components: Tell...

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Dawgen Global is an integrated multidisciplinary professional service firm in the Caribbean Region. We are integrated as one Regional firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services

Where to find us?
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Taking seamless key performance indicators offline to maximise the long tail.
https://dawgen.global/wp-content/uploads/2023/07/Foo-WLogo.png

Dawgen Global is an integrated multidisciplinary professional service firm in the Caribbean Region. We are integrated as one Regional firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services

Where to find us?
https://dawgen.global/wp-content/uploads/2019/04/img-footer-map.png
Dawgen Social links
Taking seamless key performance indicators offline to maximise the long tail.

© 2023 Copyright Dawgen Global. All rights reserved.

© 2024 Copyright Dawgen Global. All rights reserved.