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Accounting standards implementation

Decoding IAS 28 Revisions: Transforming Equity Method Practices for the Future
Accountants and accounting firmaccountants and auditorsInternational auditing standards (ias)IT Governance FrameworkThe International Accounting Standards Board (IASB)The International Financial Reporting Standards

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

January 27, 2025by Dr Dawkins Brown

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...

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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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Understanding Insurance Contract Accounting: A Deep Dive into IFRS 17’s Three Models
Accountants and Auditors in Kingston JamaicaCorporate StrategyTax FirmTax Planning ServicesTaxation ServicesTransfer Pricing

Understanding Insurance Contract Accounting: A Deep Dive into IFRS 17’s Three Models

April 2, 2024by Dr Dawkins Brown

The International Financial Reporting Standard 17 (IFRS 17) represents a significant shift in the accounting for insurance contracts, introducing a more consistent, transparent, and comparable approach. It establishes three distinct models for insurance contract accounting: the General Measurement Model (GMM), the Premium Allocation Approach (PAA), and the Variable Fee Approach (VFA). Each model offers a...

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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

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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.