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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.
PPE After a Hurricane: Derecognition, Rebuilds, Componentization & Impairment (IAS 16, IAS 36, IFRIC 1)
Accountants and accounting firmaccountants and auditorsAccountants and Auditors in Kingston Jamaicaaccounting firmCaribbean AccountantCaribbean Accounting FirmCaribbean Advisory firmCaribbean advisory services

PPE After a Hurricane: Derecognition, Rebuilds, Componentization & Impairment (IAS 16, IAS 36, IFRIC 1)

November 5, 2025by Dr Dawkins Brown

  Post-disaster accounting for property, plant and equipment (PPE)—from damage assessment and derecognition, to componentized rebuilds, impairment testing at the CGU level, and changes in asset-retirement/cleanup obligations—with clean separation from insurance and grants. When a hurricane hits fixed assets, your books need to tell a disciplined story: Record the loss: Derecognize destroyed components at carrying...

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Inventories After a Hurricane: Damage, NRV & Insurance (IAS 2, IFRS 15, IAS 10)
Accountants and accounting firmaccountants and auditorsAccountants and Auditors in Kingston Jamaicaaccounting firmAccounting SoftwareAdvicesAdvisory Services

Inventories After a Hurricane: Damage, NRV & Insurance (IAS 2, IFRS 15, IAS 10)

November 5, 2025by Dr Dawkins Brown

Accounting for damaged, contaminated, or obsolete inventories after a natural disaster under IAS 2 Inventories, with links to IFRS 15 (contract assets/returns), IAS 10 (events after the reporting period), IAS 36 (impairment cues for production assets), IAS 37 (provisions), IFRS 9 (ECL on trade receivables), IAS 1 (presentation/disclosure)—and how insurance interacts without netting. Storms hit...

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Government Relief, Grants & Donations After a Hurricane: Applying IAS 20 (Policyholders / Non-Insurers)
Accountants and accounting firmaccountants and auditorsAccountants and Auditors in Kingston Jamaicaaccounting firmAccounting SoftwareAdvisory Services

Government Relief, Grants & Donations After a Hurricane: Applying IAS 20 (Policyholders / Non-Insurers)

November 5, 2025by Dr Dawkins Brown

Accounting for cash relief, payroll subsidies, tax credits, concessional loans, utility rebates, rent support, donated assets/services, and community donations received by policyholders under IAS 20—with linkages to IAS 1/7/10, IAS 12, IAS 16, IAS 23, IFRS 9, IFRS 15, IFRS 16. After a hurricane, governments and public agencies often roll out grants, rebates, tax relief...

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Borrowing Costs During Recovery: Capitalize or Expense? (IAS 23 for Policyholders / Non-Insurers)
Accountants and accounting firmaccountants and auditorsAccountants and Auditors in Kingston Jamaicaaccounting firmAccounting SoftwareAdvisory Services

Borrowing Costs During Recovery: Capitalize or Expense? (IAS 23 for Policyholders / Non-Insurers)

November 4, 2025by Dr Dawkins Brown

  Applying IAS 23 Borrowing Costs to post-hurricane rebuilds—what to capitalize into PPE/CIP vs what to expense, when to start/suspend/cease capitalization, how to treat specific vs general borrowings, and how to present/disclose. Links to IAS 16, IAS 36, IAS 1/7/10, IAS 20, IAS 12, IFRS 9. Hurricanes trigger urgent financing for repairs, rebuilds, relocations, and...

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Income Taxes After a Hurricane: Current, Deferred & Disclosures (Policyholders / Non-Insurers)
Caribbean AccountantCaribbean Accounting FirmCaribbean Advisory firmCaribbean advisory servicesCaribbean AI EcosystemCaribbean audit firmCaribbean Business Insights

Income Taxes After a Hurricane: Current, Deferred & Disclosures (Policyholders / Non-Insurers)

November 4, 2025by Dr Dawkins Brown

  Applying IAS 12 Income Taxes to storm-related losses, insurance proceeds, provisions, impairments, ECL updates, and rebuild projects—plus interaction with IAS 1/10, IAS 16, IAS 37, IFRS 9, IAS 23, IAS 20. Hurricanes can swing taxable profit, create tax losses, and move large temporary differences all at once. Under IAS 12, you must: Compute current...

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Cash Flow Statement After a Hurricane: Where Everything Goes (Policyholders / Non-Insurers)
Caribbean AccountantCaribbean Accounting FirmCaribbean Advisory firmCaribbean advisory servicesCaribbean AI EcosystemCaribbean audit firmCaribbean Business Insights

Cash Flow Statement After a Hurricane: Where Everything Goes (Policyholders / Non-Insurers)

November 4, 2025by Dr Dawkins Brown

  Applying IAS 7 Statement of Cash Flows (with links to IAS 1, IAS 10, IAS 16, IAS 37, IAS 20, IFRS 9, IFRS 15) to classify and disclose cash effects of asset losses, rebuild projects, insurance proceeds (including BI), grants, provisions, and debt/liquidity actions—without netting. In disaster reporting, the cash flow statement is your...

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IFRS 9 Credit Losses After a Hurricane: Receivables, Contract Assets & Overlays (Policyholders / Non-Insurers)
Caribbean Accounting FirmCaribbean Advisory firmCaribbean advisory servicesCaribbean AI EcosystemCaribbean audit firmCaribbean Business Insights

IFRS 9 Credit Losses After a Hurricane: Receivables, Contract Assets & Overlays (Policyholders / Non-Insurers)

November 3, 2025by Dr Dawkins Brown

Applying IFRS 9 Expected Credit Loss (ECL) to trade receivables, contract assets and other short-term financial assets after a natural disaster—staging, overlays, forbearance, write-offs, recoveries, and disclosures. Links to IFRS 15 (contract assets), IAS 1/10 (presentation & events), IAS 12 (tax), IAS 37 (provisions). Hurricanes reshape credit risk overnight. IFRS 9 requires forward-looking ECL that...

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Leases & Site Access After a Hurricane: IFRS 16 for Lessees (Policyholders / Non-Insurers)
Caribbean AccountantCaribbean Accounting FirmCaribbean Advisory firmCaribbean advisory servicesCaribbean AI Ecosystem

Leases & Site Access After a Hurricane: IFRS 16 for Lessees (Policyholders / Non-Insurers)

November 3, 2025by Dr Dawkins Brown

Applying IFRS 16 to post-disaster scenarios for lessees—ROU asset impairment, rent concessions, lease modifications, onerous service components, and disclosures. Links to IAS 36, IAS 37, IAS 1/10, IAS 20. When a hurricane shutters facilities or disrupts logistics, leases become central: sites may be unusable, landlords may offer rent abatements, and you may need short-term swing...

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Events After the Reporting Period: Adjusting vs Non-Adjusting, Going Concern & Disclosure (Policyholders / Non-Insurers)
Caribbean AccountantCaribbean Accounting FirmCaribbean Advisory firmCaribbean advisory servicesCaribbean AI Ecosystem

Events After the Reporting Period: Adjusting vs Non-Adjusting, Going Concern & Disclosure (Policyholders / Non-Insurers)

November 3, 2025by Dr Dawkins Brown

Applying IAS 10 Events after the Reporting Period (with IAS 1 going concern & presentation) when hurricanes strike near period-end—what you adjust, what you disclose, and how to keep your financial statements credible and audit-ready. When a hurricane occurs around period-end, the hardest calls are timing calls. Under IAS 10: Adjusting events provide evidence of...

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Business Interruption & Revenue Disruptions: Accounting, Evidence, and Disclosure (Policyholders / Non-Insurers)
Business Coachingbusiness coaching & strategyBusiness DevelopmentBusiness Intelligence (BI)Caribbean AccountantCaribbean Accounting FirmCaribbean Advisory firmCaribbean advisory servicesCaribbean audit firmCaribbean Business Insights

Business Interruption & Revenue Disruptions: Accounting, Evidence, and Disclosure (Policyholders / Non-Insurers)

November 3, 2025by dglobal

Post-hurricane treatment of business interruption (BI) and revenue impacts for policyholders under IAS 37, IFRS 15, IAS 1, IAS 10, IFRS 9, with links to IAS 16/IAS 36. Hurricanes cut output, close sites, and break supply chains. Finance teams must separate (1) accounting for operational revenue shortfalls from (2) accounting for insurance recoveries. Under IFRS:...

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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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