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accountants and auditors

Optimizing Accounts Payable Efficiency: Key Metrics and Best Practices

Manual processing in accounts payable (AP) presents significant challenges when it comes to tracking and analyzing key performance indicators (KPIs). The lack of accurate data often leads to inefficiencies, making it difficult to gain valuable insights into company spending and supplier relationships. According to the Institute of Finance & Management, only 9% of finance professionals...

Watching the Ratios: A Comprehensive Guide for Managers

In the dynamic world of business, managers are tasked with making decisions that can influence the trajectory of an organization. To make informed decisions, it’s vital to understand the numbers behind the business. Financial ratios are powerful tools that help managers assess the health and performance of a company. This article explores why watching the...

A Comprehensive Guide to Business Valuation Methods: Understanding the Key Approaches

Valuing a business is a critical step in a variety of scenarios, from mergers and acquisitions (M&A) to securing financing or establishing the value of a company for tax or legal purposes. Understanding how to value a business is essential for decision-makers to ensure they are making informed choices. There is no one-size-fits-all approach, as...

Understanding the Four Core Business Processes: P2P, R2R, Q2C, and O2C

In today’s fast-paced and highly competitive business environment, organizations are continuously seeking ways to optimize their internal workflows to enhance efficiency, drive profitability, and improve customer satisfaction. Among the most critical aspects of operational efficiency are the processes that manage the flow of resources, finances, and customer interactions. Four key business processes—Procure-to-Pay (P2P), Record-to-Report (R2R),...

The Role of Auditors in the Cryptocurrency Market

Cryptocurrency has rapidly transformed from a niche technology into a mainstream financial asset, capturing the attention of investors, businesses, and regulators worldwide. With Bitcoin leading the charge and an array of alternative coins (altcoins) gaining popularity, understanding the current trends and future prospects of cryptocurrency is essential for anyone looking to navigate this dynamic market....

The Importance of a Skilled and Independent Advisor in Business Valuation

  Valuation is a critical aspect of financial decision-making, serving as the foundation for informed investment and business strategies. Warren Buffett’s renowned quote, “It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price,” underscores the significance of valuation in transactions. Whether acquiring a business,...

Decoding IAS 28 Revisions: Transforming Equity Method Practices for the Future

The International Accounting Standards Board (IASB) has recently released an Exposure Draft aimed at revising IAS 28, Investments in Associates and Joint Ventures. This initiative seeks to address longstanding application challenges, enhance comparability across financial statements, and improve the overall understandability of the equity method. These changes are particularly significant for entities using IAS 28...

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....

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...

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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://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.