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2023 December

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.
Navigating the Complexities of Credit Risk Assessment: The EBA’s Stance on SICR and the Role of Auditors
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Navigating the Complexities of Credit Risk Assessment: The EBA’s Stance on SICR and the Role of Auditors

December 12, 2023by Dr Dawkins Brown

In the intricate world of banking regulation, the European Banking Authority (EBA)’s recent concerns regarding banks’ methodologies for assessing a significant increase in credit risk (SICR) shine a spotlight on a critical aspect of financial risk management. This article delves into the EBA’s apprehensions about the use of narrow triggers for SICR, which could lead...

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Exploring the Contrast in Credit Loss Impairment Methodologies Between PEARLS and IFRS 9
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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
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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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Managing Money in Business: A Focus on Overhead and Operational Expenses
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Managing Money in Business: A Focus on Overhead and Operational Expenses

December 11, 2023by Dr Dawkins Brown

Managing a business effectively is akin to running a household, where a keen eye on various expenses is critical to prevent the company from sinking into deficits and bankruptcy. In this context, employees can be seen as the “children” of the business, working together efficiently to ensure financial stability and to keep the business afloat...

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Mastering Time Management: The Power of Delegation and Outsourcing
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Mastering Time Management: The Power of Delegation and Outsourcing

December 11, 2023by Dr Dawkins Brown

In the dynamic world of business, owners often find themselves juggling numerous roles, from marketing to customer service. The key to not only surviving but thriving in such an environment lies in effective time management, a skill honed through the art of delegation and outsourcing. As Dr. Dawkins Brown, the Executive Chairman of Dawgen Global,...

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Navigating the Future: The Essential Role of IT in Business Strategy
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Navigating the Future: The Essential Role of IT in Business Strategy

December 11, 2023by Dr Dawkins Brown

In today’s fast-paced business environment, the role of the Chief Information Officer (CIO) and the IT department is more critical than ever. However, there’s a stark warning for those who remain passive: The CIO and IT Department that sit around waiting for the Business Strategy to be formalized to build an IT strategy and vision...

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Navigating the New Frontier: A 4-Phase Approach to Revolutionizing Mobile Customer Experience
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Navigating the New Frontier: A 4-Phase Approach to Revolutionizing Mobile Customer Experience

December 10, 2023by Dr Dawkins Brown

In an era where mobile technology is rapidly evolving and customer behaviors are dynamically shifting towards a multi-channel experience, businesses face the crucial task of redefining their customer engagement strategies. Mobile platforms, ranging from smartphones to smartwatches, have become central to creating a seamless and engaging customer journey. Altimeter’s framework offers a comprehensive approach to...

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Understanding Leadership and Its Key Components in Modern Management
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Understanding Leadership and Its Key Components in Modern Management

December 8, 2023by Dr Dawkins Brown

Leadership in the realm of modern management is a multifaceted and dynamic concept that plays a critical role in steering organizations towards success. It involves the capacity of a company’s management to set challenging goals, make swift and decisive actions when necessary, surpass competitors, and inspire others to maximize their potential. This article aims to...

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Zero-Base Budgeting: A Transformative Approach for Organizational Management
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Zero-Base Budgeting: A Transformative Approach for Organizational Management

December 8, 2023by Dr Dawkins Brown

In the dynamic landscape of business management, both in the for-profit and non-profit sectors, the concept of Zero-Base Budgeting (ZBB) has emerged as a transformative approach. This method redefines the traditional budgeting process, emphasizing rigorous justification and scrutiny of every dollar spent. Dr. Dawkins Brown, the executive chairman of Dawgen Global, aptly summarizes the essence...

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Navigating the Landscape of Artificial Intelligence: From Reactive to Self-Aware Systems
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Navigating the Landscape of Artificial Intelligence: From Reactive to Self-Aware Systems

December 8, 2023by Dr Dawkins Brown

Artificial Intelligence (AI) has evolved from a sci-fi dream to a critical part of our everyday lives. It’s a broad field, encompassing everything from basic automation to self-aware systems that seem like they’ve leaped out of a science fiction novel. In this article, we’ll explore the various types of AI, specifically focusing on reactive machines,...

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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.

© 2023 Copyright Dawgen Global. All rights reserved.

© 2024 Copyright Dawgen Global. All rights reserved.