Blog

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.
Inventories & Work-in-Progress: Losses, Write-downs, and Reversals (Policyholders / Non-Insurers)

Applying IAS 2 Inventories after hurricanes—classifying losses, determining NRV, handling WIP/long-term jobs, documenting reversals, and aligning with claims (without netting insurance) Hurricanes wreak havoc on stocks of raw materials, WIP, finished goods, and spare parts. Under IAS 2, inventories are carried at the lower of cost and net realizable value (NRV). Post-storm, NRV often collapses...

Property, Plant & Equipment (PPE): Damage, Derecognition, and the Rebuild (Policyholders / Non-Insurers)

After the Storm: IFRS Guidance for Policyholders Applying IAS 16 (with links to IAS 36, IAS 37, IAS 23, IAS 20, IFRS 16) to storm-damaged assets—from first loss recognition to commissioning the rebuilt site—without netting against insurance. Hurricanes stress-test the entire PPE life cycle. In the days after impact, finance teams must (1) separate loss...

Impairment Triggers and Cash-Generating Unit (CGU) Testing in Disaster Scenarios (Policyholders / Non-Insurers)

How to identify impairment triggers, define CGUs, measure recoverable amounts, and disclose judgments after a hurricane Executive Summary Hurricanes create classic impairment triggers: physical damage, idle capacity, cost spikes, customer loss, and uncertain rebuild timelines. For policyholders / non-insurers, getting IAS 36 Impairment of Assets right—quickly and defensibly—is essential to credible reporting and smooth claim...

Day 0–30: Accounting Triage After a Hurricane (Policyholders / Non-Insurers)

After the Storm: IFRS Guidance for Policyholders What to do in the first 30 days to capture losses, document insurance claims, and comply with IFRS Executive Summary The first month after a hurricane is a race against time: assets are damaged, operations disrupted, and cash needs surge. Financial reporting decisions you make now determine whether...

INSURE360™ Part 5: The 60-Day Trap — Mastering Notice & Proof-of-Loss (Including NFIP) Without Missing Deadlines

When the wind dies down, the clock starts ticking. In hurricane claims, procedural speed matters as much as physical damage. Miss a notice window, file the wrong proof, or “notice” only one of several responsive policies—and you can leave money on the table or lose it entirely. This article in Dawgen Global’s INSURE360™ series tackles...

INSURE360™ Part 4: Your Claim’s Point Guard — Structuring the Disaster Response & Claims Team

Hurricanes don’t just test buildings; they test coordination. In the crucial hours after impact, decisions about safety, documentation, notifications, vendors, and cash control must move in tight formation. The difference between a fast, fair settlement and a drawn-out dispute often comes down to whether you have a purpose-built team and controls that turn chaos into...

INSURE360™ Part 3: “Pictures or It Didn’t Happen” — Building a Bulletproof Evidence Protocol for Hurricane Claims

When a storm passes, the next battle is fought on paper—and pixels. Your claim will live or die on evidence: photos, videos, inventories, meter readings, serial numbers, invoices, and ledgers that prove (1) what you owned, (2) how it was damaged, (3) what you did to mitigate, and (4) what it cost to recover. Most...

INSURE360™ Part 2: Waiting 72 Hours Could Cost Millions — Rethinking Business Interruption & Extra Expense Before the Storm

When a hurricane hits, the headlines focus on roofs and walls. But for most businesses, the bigger loss is time—days or weeks when revenue slows to a crawl while fixed costs keep marching on. That is the territory of Business Interruption (BI) and Extra Expense (EE) coverage. And it is where countless claims are short-paid...

INSURE360™ Part 1: Are You Actually Covered? Getting Windstorm, Flood & Storm Surge Right

Hurricane season isn’t just a weather event—it’s a stress test of your insurance architecture, operational resilience, and speed of recovery. For organizations across the Caribbean and coastal markets, the difference between a fast, fully reimbursed rebuild and a protracted, cash-draining recovery often comes down to one reality: what your insurance policy truly covers vs. what...

Audit-Ready, Always-On — Continuous Close for Stress-Free Year-End

Dawgen FinanceGrid™ FinanceOps Insights For many Caribbean businesses, year-end feels like a storm: reconciliation backlogs, “PBC” (Prepared-By-Client) panic, late adjusting journals, audit overruns, and leadership stuck waiting on numbers. None of that is inevitable. Continuous close turns year-end from a mad sprint into a calm checkpoint. By spreading close activities across the month and quarter—and...

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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.