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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.
Navigating the Tax Implications of IFRS 17 in Jamaica
Accountants and Auditors in Kingston JamaicaTax FirmTax Planning ServicesTaxation ServicesThe International Accounting Standards Board (IASB)

Navigating the Tax Implications of IFRS 17 in Jamaica

December 14, 2024by Dr Dawkins Brown

The adoption of International Financial Reporting Standard 17 (IFRS 17) in Jamaica marks a significant transformation in the financial reporting and taxation landscape for insurance companies. Effective January 1, 2023, IFRS 17 replaces IFRS 4, introducing new principles for the recognition, measurement, presentation, and disclosure of insurance contracts. This shift is not merely an accounting...

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Understanding Jamaica’s Capital Allowance Regime
Accountants and accounting firmTax FirmTax Planning ServicesTaxation Services

Understanding Jamaica’s Capital Allowance Regime

December 14, 2024by Dr Dawkins Brown

The Capital Allowance Regime in Jamaica plays a pivotal role in the nation’s income tax framework, allowing businesses to recover costs incurred from investments in specified assets. This regime underwent significant reform with the implementation of the Fiscal Incentives (Miscellaneous Provisions) Act, effective January 1, 2014, which amended the First Schedule of the Income Tax...

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The Auditor is a Watchdog, Not a Bloodhound: Relevance in Modern Commerce
Accountants and accounting firmAccountants and Auditors in Kingston Jamaicaaccounting firmAdvisory ServicesAML Audits:

The Auditor is a Watchdog, Not a Bloodhound: Relevance in Modern Commerce

December 8, 2024by Dr Dawkins Brown

The famous statement by Lord Denning, “The auditor is a watchdog and not a bloodhound,” has long been a cornerstone in the philosophy of auditing. For decades, this phrase has shaped how auditors perceive their role and how society expects them to function. But with the rapid changes in the business world, from technological advancements...

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Why Small and Medium-Sized Enterprises (SMEs) Must Prioritize Cybersecurity and Cyber Insurance
Advisory ServicesArtificial Intelligence (AI)Audit and Assurance ServicesCybersecurity ServicesCybersecurity SolutionData ProtectionDigital TransformationDigitalizationInformation Technology firmInformation Technology Services

Why Small and Medium-Sized Enterprises (SMEs) Must Prioritize Cybersecurity and Cyber Insurance

December 6, 2024by Dr Dawkins Brown

In today’s interconnected digital world, small and medium-sized enterprises (SMEs) are increasingly at risk of cyberattacks. Once considered targets of lesser interest, SMEs are now squarely in the crosshairs of cybercriminals. A recent high-profile incident involving a UK delivery company, Knights of Old, highlights the dire consequences of ransomware attacks. The company was left financially...

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IFRS 15: Transforming Revenue Recognition for a Transparent Future
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IFRS 15: Transforming Revenue Recognition for a Transparent Future

December 5, 2024by Dr Dawkins Brown

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...

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The Impact of IFRS 9: Transforming Financial Reporting Standards Globally
Accountants and accounting firmaccountants and auditors

The Impact of IFRS 9: Transforming Financial Reporting Standards Globally

December 5, 2024by Dr Dawkins Brown

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...

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IFRS 17: Transforming the Insurance Landscape – A Strategic Perspective Introduction
Accountants and accounting firmAccountants and Auditors in Kingston JamaicaInternal auditInternal audit firmInternational auditing standards (ias)

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

December 5, 2024by Dr Dawkins Brown

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...

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The Integration of AI into Audit Processes: Transforming the Landscape for External and Internal Auditors
accountants and auditorsAdvisory ServicesAML Audits:Artificial Intelligence (AI)Audit and Assurance ServicesBlockchain Technology

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

December 5, 2024by Dr Dawkins Brown

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...

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Adapting Taxation in a Transforming Economy: Insights from the OECD’s Consumption Tax Trends 2024
accounting firmTax FirmTax Planning ServicesTaxation Services

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

November 24, 2024by Dr Dawkins Brown

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...

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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.