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Embracing the Digital Age: The Imperative of Risk-Based Auditing and ISA’s Guidance
Accounting SoftwareArtificial Intelligence (AI)Audit and Assurance ServicesAudit firmDigital TransformationDigitalizationFinancial StrategyForensic Audit

Embracing the Digital Age: The Imperative of Risk-Based Auditing and ISA’s Guidance

January 8, 2024by Dr Dawkins Brown

In an era defined by rapid digital transformation, risk-based auditing has become a linchpin for auditors navigating the complexities of modern financial landscapes. The adoption of this approach, particularly in a digital context, is not just a trend but a necessity, ensuring the accuracy, efficiency, and reliability of audits. The International Standards on Auditing (ISA)...

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Exploring the Contrast in Credit Loss Impairment Methodologies Between PEARLS and IFRS 9
Artificial Intelligence (AI)Audit and Assurance ServicesBusiness CoachingConsulting FirmConsulting ServicesCorporate StrategyFinancial AnalysisFinancial ServicesFinancial StrategyForensic AuditInternal auditManagement ConsultantsRisk Advisory Services

Exploring the Contrast in Credit Loss Impairment Methodologies Between PEARLS and IFRS 9

December 12, 2023by Dr Dawkins Brown

In the realm of credit unions, understanding and managing credit risk is pivotal. Two frameworks, PEARLS and IFRS 9, offer distinct methodologies for calculating impairment or credit losses on loan portfolios. While they serve different primary purposes, their intersection is critical for auditors and financial managers alike. This article delves into these methodologies, contrasting their...

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Understanding and Reconciling Loss Provisions in Credit Unions – A Deep Dive into IFRS 9 and PEARLS Framework
accounting firmAdvisory ServicesAudit and Assurance ServicesAudit firmFinancial AnalysisFinancial ServicesFinancial StrategyForensic AuditGlobal economyManagement ConsultantsNewsRisk Advisory Services

Understanding and Reconciling Loss Provisions in Credit Unions – A Deep Dive into IFRS 9 and PEARLS Framework

December 12, 2023by Dr Dawkins Brown

The financial management landscape in credit unions is often navigated through distinct but intersecting frameworks: the International Financial Reporting Standard (IFRS) 9 and the PEARLS framework. While IFRS 9 offers a global standard for financial instrument reporting, the PEARLS framework caters specifically to the operational and managerial aspects of credit unions. This article aims to...

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The Management Representation Letter to an Auditor: Purpose, Requirement, and Reliability
accounting firmAudit and Assurance ServicesAudit firm

The Management Representation Letter to an Auditor: Purpose, Requirement, and Reliability

October 22, 2023by Dr Dawkins Brown

Management Representation Letters (MRL) are indispensable tools in the world of auditing. Issued by an organization’s senior management, this document confirms the accuracy and completeness of the financial data portrayed in the financial statements. But what role does the MRL play in an auditor’s process, especially in a risk-based audit? Let’s delve deeper into the...

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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.