Blog

Welcome to Dawgen Global's blog, where insights meet innovation in the heart of the Caribbean. As the leading integrated multidisciplinary professional service firm in the region, we bring you deep dives into a diverse range of topics — from audit and accounting nuances to the latest in IT, Risk, HR, and beyond. With services that span M&A, corporate recovery, tax intricacies, and other critical advisory areas, our expert contributors are here to enlighten, engage, and empower. Driven by our commitment to foster smarter and more effective decisions, we invite you to explore, learn, and collaborate with us in navigating the multifaceted world of professional services.
The Generative AI Revolution: Redefining Business Success in a Digital World

Generative AI is not just another technological innovation—it’s a game changer poised to redefine industries. From enhancing operational efficiency to driving customer engagement, generative AI offers a wide range of opportunities for businesses willing to embrace change. However, unlocking its full potential requires a thoughtful strategy, robust infrastructure, and a willingness to navigate challenges. This...

Comprehensive Guide to IFRS 15: Revenue from Contracts with Customers

Revenue recognition is a cornerstone of financial reporting, directly impacting an entity’s financial health and stakeholder trust. IFRS 15, Revenue from Contracts with Customers, revolutionizes the approach to revenue recognition by introducing a uniform framework applicable across all industries. This article explores the five-step model at the heart of IFRS 15, its industry implications, challenges,...

Measurement of ECL: Probability of Default vs Loss Rate Approach

The measurement of Expected Credit Losses (ECL) is a cornerstone of modern credit risk management under IFRS 9. ECL quantifies the potential losses a financial institution could face due to the default of a counterparty. Two widely used methodologies for calculating ECL are the Probability of Default (PD) approach and the Loss Rate (LR) approach....

How to Calculate Bad Debt Provision Under IFRS 9: A Comprehensive Guide for Receivables vs. Loans

IFRS 9 introduced the Expected Credit Loss (ECL) model to replace the incurred loss model for bad debt provisioning. The ECL model is a forward-looking approach that incorporates historical, current, and future economic data to estimate credit losses. While the principles of the ECL model apply universally, there are distinct approaches when calculating bad debt...

Dawgen Global: Your Trusted Partner for Auditing and Accounting Services in Jamaica

At Dawgen Global, we are dedicated to providing top-notch professional services that empower businesses to achieve financial clarity, compliance, and operational excellence. With a presence in Jamaica and across the Caribbean, Dawgen Global is a globally integrated multidisciplinary professional service firm offering a wide array of services, including audit, accounting, tax, IT, risk management, and...

Understanding Deferred Tax: Bridging Temporary Differences in Financial Reporting

Deferred tax is often viewed as a complex and esoteric concept, misunderstood by many professionals and businesses alike. Contrary to popular belief, deferred tax is not an actual tax payment but an accrual for tax. It functions similarly to other accruals or provisions by aligning the tax effect of transactions with the period in which...

Demystifying Deferred Tax: A Thought Leadership Article by Dawgen Global

Deferred tax is often viewed as a complex concept, misunderstood by many professionals and businesses alike. Contrary to popular belief, deferred tax is not an actual tax payment but an accrual for tax. It functions similarly to other accruals or provisions by aligning the tax effect of transactions with the period in which they occur....

Navigating the Ethical and Regulatory Landscape of AI in Banking

  Artificial Intelligence (AI) is revolutionizing the banking sector, offering unprecedented opportunities to improve efficiency, enhance customer experiences, and drive innovation. From predictive analytics and fraud detection to personalized financial advice, AI has become integral to modern banking operations. However, this rapid adoption brings significant ethical and regulatory challenges. Banks must navigate a complex landscape...

The Digital Evolution of Banking: Unveiling the Impact of Fintech and AI

The rapid evolution of technology has redefined the banking industry, transforming traditional products and services into more innovative and accessible offerings. As fintech disrupts conventional banking, it ushers in an era where customer-centricity, efficiency, and personalization are the new benchmarks. This article explores the ways in which technology is reshaping the financial services landscape, with...

The Impact of Technology on Banking Products: Shaping the Future of Financial Services

The banking industry has long been a cornerstone of global commerce, but it is currently undergoing one of the most transformative periods in its history. Technological advancements have disrupted traditional banking models, introducing innovative products and services while reshaping customer expectations. This article explores the profound impact of technology on banking products, the role of...

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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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Dawgen Social links
Taking seamless key performance indicators offline to maximise the long tail.
https://www.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://www.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.