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2023 April

Welcome to Dawgen Global's blog, where insights meet innovation in the heart of the Caribbean. As the leading integrated multidisciplinary professional service firm in the region, we bring you deep dives into a diverse range of topics — from audit and accounting nuances to the latest in IT, Risk, HR, and beyond. With services that span M&A, corporate recovery, tax intricacies, and other critical advisory areas, our expert contributors are here to enlighten, engage, and empower. Driven by our commitment to foster smarter and more effective decisions, we invite you to explore, learn, and collaborate with us in navigating the multifaceted world of professional services.

Entrepreneurship is the backbone of any economy, and the growth of startups and small businesses is crucial to overall economic development. In today's competitive and fast-paced business world, entrepreneurs need all the support they can get to navigate the complexities and uncertainties of the market. This is where Dawgen Global Growth Consulting comes in – a world-class consulting service that empowers entrepreneurs to achieve their full potential. With the guidance of Executing Chairman Dr. Dawkins Brown, the company has been providing invaluable support to entrepreneurs across the globe.

The Latin America and the Caribbean (LAC) region has proved to be relatively resilient in the face of increased debt stress, stubborn inflation, and uncertainty arising from the Russian invasion of Ukraine. Income and employment have largely recovered from the pandemic, poverty has receded, and markets remain guardedly optimistic about the near future. However, headwinds have picked up, and the 2023 outlook is substantially bleaker than 2022.

It is generally true that debt financing can be cheaper than equity financing for businesses. However, it is important to note that some loans may have variable interest rates that can change over time based on market conditions or other factors. Despite this, the principle still holds that debt financing typically involves a fixed rate of interest that is known at the time of borrowing.

Lord Denning's famous quote, "An auditor is a watchdog, not a bloodhound," was a reflection of the traditional view of an auditor's role and duty. This view posits that auditors are responsible for reviewing the financial statements and internal controls of a company to provide a reasonable assurance that they are free from material misstatements. They are expected to be vigilant and alert, but not necessarily to detect fraud or dive deep into every detail.

Inflation is an economic condition characterized by a general rise in prices, subsequently reducing the purchasing power of money. During periods of high inflation, retailers face several challenges to maintain their profitability, as customers become more price-sensitive and demand may decline. In this article, we will discuss effective pricing strategies retailers can adopt to ensure profitability during high inflation, the potential impact of bad pricing strategies, and how Dawgen Global can assist retailers in developing and implementing these strategies.

The implementation of the International Financial Reporting Standard 17 (IFRS 17) has brought about significant changes in the way insurance companies recognize, measure, and present their insurance contracts. One critical aspect of IFRS 17 is the calculation of discount rates that reflect the characteristics of the insurance liabilities. This article explores the development of models for IFRS 17 compliant discount rates and how they can help insurers meet the rigorous requirements of the standard. We will also incorporate insights from Dr. Dawkins Brown, the Executive Chairman of Dawgen Global, a leading expert in this field.

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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://www.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://www.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.

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