accountants and auditors

Accountants and accounting firm accountants and auditors Financial Analysis International auditing standards (ias)Management Consultants

Measurement of ECL: Probability of Default vs Loss Rate Approach

January 21, 2025by Dr Dawkins Brown

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....

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica accounting firm Accounting Software AML Audits:Audit and Assurance Services Audit firm

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

January 17, 2025by Dr Dawkins Brown

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...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica accounting firm Accounting Software

Are Audit Firms and Accounting Firms the Same Thing?

January 11, 2025by Dr Dawkins Brown

The terms “audit firms” and “accounting firms” are often used interchangeably, creating confusion for business owners, entrepreneurs, and even seasoned professionals. While there are areas of overlap between the two, the core functions, responsibilities, and regulatory frameworks of audit and accounting firms differ significantly. Understanding these distinctions is crucial for businesses seeking the right professional...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica accounting firm Accounting Software Advisory Services

Streamlining Year-End Accounting: A Comprehensive Checklist for Financial Accuracy and Compliance

January 11, 2025by Dr Dawkins Brown

As the fiscal year draws to a close, accounting professionals face the formidable task of finalizing financial records, ensuring compliance, and preparing for the upcoming year. A structured year-end accounting checklist is essential to navigate this period efficiently and accurately, mitigating risks and setting the stage for a seamless transition into the new financial year....

accountants and auditors Advisory Services Enterprise Resource Planning (ERP)Financial Strategy Performance Consulting Performance Management

Dawgen Global’s Financial Module for Construction Companies

January 5, 2025by Dr Dawkins Brown

The construction industry faces unique financial challenges due to its reliance on project-based operations, fluctuating labor costs, and competitive bidding processes. Dawgen Global’s Financial Module for Construction Companies provides a comprehensive solution to these challenges, equipping contractors and construction firms with the tools to manage project financials, optimize labor costs, and streamline bid tracking. Whether...

accountants and auditors Consulting Firm Consulting Services Corporate Strategy Financial Strategy key performance indicators (KPI)Performance Consulting Performance Management

Dawgen Global’s Financial Module for Restaurants and Cafés

January 5, 2025by Dr Dawkins Brown

Running a successful restaurant or café requires more than just serving great food; it demands strategic financial planning to maximize profitability, streamline operations, and adapt to changing customer preferences. Dawgen Global’s Financial Module for Restaurants and Cafés is a comprehensive solution designed to empower restaurant owners and managers with actionable insights to grow their businesses....

accountants and auditors Advisory Services Consulting Firm Consulting Services Corporate Strategy

The Four Lenses of Sustainability: A Strategic Framework for Modern Businesses

January 4, 2025by Dr Dawkins Brown

As global challenges related to climate change, resource depletion, and social inequality become more pressing, sustainability has moved from being a mere corporate buzzword to an essential component of business strategy. Companies that wish to thrive must integrate sustainability into their core operations, balancing environmental, social, and economic factors. To guide this process, the Four...

Accountants and accounting firm accountants and auditors accounting firm Audit and Assurance Services Audit firm The International Accounting Standards Board (IASB)The International Financial Reporting Standards

The Evolving Role of NFRA in Regulating Auditing Standards: Implications for the ICAI and Quality Management

January 2, 2025by Dr Dawkins Brown

The recent clarification by the Solicitor General of India (SGI), Tushar Mehta, has reaffirmed the boundaries of authority between the National Financial Reporting Authority (NFRA) and the Institute of Chartered Accountants of India (ICAI). This pivotal decision highlights a defining moment in the governance of auditing and quality management standards in India. The implications of...

accountants and auditors AML Audits:Artificial Intelligence (AI)Audit and Assurance Services Audit firm

The Use of Artificial Intelligence (AI) in the Execution of Audits: A Paradigm Shift in the Profession

December 28, 2024by Dr Dawkins Brown

Artificial Intelligence (AI) is reshaping the auditing profession, introducing groundbreaking efficiencies, insights, and capabilities. Auditing, once reliant on manual processes and extensive human effort, is evolving into a technology-driven discipline where AI is a key enabler of precision, speed, and scalability. This transformation is redefining how auditors operate, allowing for deeper analysis, broader risk coverage,...

accountants and auditors accounting firm Statutory audits Tax Firm Tax Planning Services Taxation Services

The Distinction Between Legitimate Tax Planning and Tax Evasion: Key Insights from a Landmark ITAT Ruling

December 28, 2024by Dr Dawkins Brown

The Income Tax Appellate Tribunal (ITAT) in Mumbai recently delivered a pivotal judgment that reaffirmed taxpayers’ rights to engage in legitimate tax planning while delineating its boundaries from tax evasion. This landmark ruling not only clarified the nuances of tax law but also emphasized the importance of compliance and transparency in financial planning. The Case...

Newer Posts

Older Posts

Measurement of ECL: Probability of Default vs Loss Rate Approach

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

Are Audit Firms and Accounting Firms the Same Thing?

Streamlining Year-End Accounting: A Comprehensive Checklist for Financial Accuracy and Compliance

Dawgen Global’s Financial Module for Construction Companies

Dawgen Global’s Financial Module for Restaurants and Cafés

The Four Lenses of Sustainability: A Strategic Framework for Modern Businesses

The Evolving Role of NFRA in Regulating Auditing Standards: Implications for the ICAI and Quality Management

The Use of Artificial Intelligence (AI) in the Execution of Audits: A Paradigm Shift in the Profession

The Distinction Between Legitimate Tax Planning and Tax Evasion: Key Insights from a Landmark ITAT Ruling

April 16, 2025Preparing for the Future Today: Restructuring with Exit Planning and Due Diligence in Mind

April 16, 2025The Owner’s Agenda: Structuring for Succession, Sale, and Stakeholder Alignment

April 16, 2025Structuring for Success: When and Why Your Business Should Reevaluate Its Tax Framework

April 15, 2025Cross-Border Taxation: Optimizing Your International Business Operations

April 15, 2025Reconciliation as a Strategic Tool: Enhancing Accuracy and Profitability

Where to find us?

Dawgen Social links

Where to find us?

Dawgen Social links