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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....

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...

Strategic Goal Setting Through Business Coaching: A Blueprint for Profitability

In today’s dynamic business environment, entrepreneurs are faced with an ever-evolving set of challenges that demand clear vision, strategic planning, and disciplined execution. While passion and innovation often serve as the initial catalysts for business creation, sustainable profitability hinges on the ability to set and achieve strategic goals. Business coaching plays a pivotal role in...

Dawgen Global’s Financial Module for Retail Stores

The retail industry is fast-paced and highly competitive, requiring business owners to manage multiple aspects such as inventory, sales forecasting, and the integration of e-commerce platforms. Dawgen Global’s Financial Module for Retail Stores is a powerful, all-in-one solution designed to help retailers optimize their operations, improve profitability, and adapt to changing market conditions. Whether you...

Dawgen Global’s Financial Module for Manufacturing Companies

In the complex world of manufacturing, financial efficiency and strategic planning are key to maintaining competitiveness and profitability. Dawgen Global’s Financial Module for Manufacturing Companies is designed to address the unique challenges of the manufacturing industry, from managing production costs and optimizing inventory turnover to strengthening supplier relationships. With this comprehensive solution, manufacturing businesses can...

IFRS 15: Principles for Measurement and Recognition of Revenue

IFRS 15, titled “Revenue from Contracts with Customers,” provides a comprehensive framework for the recognition, measurement, and disclosure of revenue. It supersedes two prior standards: IAS 18 – Revenue and IAS 11 – Construction Contracts, both of which had limitations in their ability to address the complexity of modern revenue streams. IFRS 15 seeks to...

Turtle on a Pole: Understanding the Leadership Lesson

In the world of leadership, metaphors often serve as powerful tools to convey deeper lessons about growth, support, and humility. One such metaphor is the “Turtle on a Pole.” This simple yet profound analogy offers leaders insight into the nature of success, the role of teamwork, and the value of acknowledging help. Here, we explore...

Impact Investing: Merging Profit with Purpose in Today’s Business Landscape

Investing remains a crucial element in business success, offering a pathway for companies and investors alike to achieve financial growth. However, with the growing emphasis on sustainability, business leaders are increasingly drawn to a particular form of investing called impact investing. This strategy not only seeks financial returns but also aims to generate positive environmental...

Adapting for Success: How Healthy Organizations Thrive Amidst Changing Dynamics

As businesses face a rapidly evolving landscape, the need for organizational health has never been more critical. Healthy organizations are those that continually align around a shared vision, adeptly execute strategies, and actively renew themselves. However, the rules governing what it means to be a “healthy” organization are changing, driven by shifting worker motivations, advancing...

Performance Management: Driving Operational Excellence in Caribbean Enterprises

In today’s competitive and fast-paced business environment, achieving operational excellence is a priority for organizations of all sizes. For Caribbean enterprises, the challenge of maintaining efficiency while adapting to ever-changing market dynamics and consumer demands can be daunting. Performance management has emerged as a crucial tool that helps businesses align their operations with strategic goals,...

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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.