Audit and Assurance Services

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica accounting firm Audit and Assurance Audit and Assurance Services IFRS 17

Unpacking IFRS 17: The Premium Allocation Approach (PAA) and its Challenges

July 7, 2025by Dr Dawkins Brown

A New Era of Insurance Reporting IFRS 17, effective from 1 January 2023, has redefined how insurance contracts are measured and reported globally. Replacing IFRS 4, this new standard aims to increase transparency, consistency, and comparability in financial statements by applying a uniform approach to insurance contract valuation. Among its key features is the Premium...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica Audit and Assurance Audit and Assurance Services Audit firm

General Insurance Contracts and the PAA — Simplicity with Tax Complexity

July 7, 2025by Dr Dawkins Brown

For many general insurance companies, the Premium Allocation Approach (PAA) under IFRS 17 offers a simplified framework for measuring liabilities and recognizing revenue. It’s especially attractive for short-duration contracts like auto, property, liability, and accident policies. However, simplification in accounting doesn’t necessarily translate to simplification in tax. In Jamaica, the TAJ Technical Advisory on IFRS...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica Advisory Services Audit and Assurance Audit and Assurance Services Audit firm Financial Strategy

Life Assurance under IFRS 17 — A New Tax Narrative for Policyholder Protection

July 7, 2025by Dr Dawkins Brown

Life assurance companies operate under long-term, complex contractual obligations that require precise actuarial forecasts and careful financial planning. With the introduction of IFRS 17, the landscape for life insurers in Jamaica has fundamentally changed—impacting not just how revenue and profits are recognized, but also how tax liabilities are calculated and reported. To support a smooth...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica Advisory Services Anti-Money Laundering Program Artificial Intelligence (AI)Audit and Assurance Audit and Assurance Services Tax Firm Tax Planning Services Taxation Services

Tax Risk Management: Building Confidence Through Compliance

July 5, 2025by Dr Dawkins Brown

Tax Risk Is Business Risk In today’s complex and fast-changing regulatory environment, tax risk is more than a finance issue—it’s a strategic business concern. Errors, omissions, or delays in tax compliance can trigger audits, penalties, reputational harm, and strained relationships with regulators. Caribbean companies are increasingly expected to demonstrate transparency, accuracy, and proactive governance in...

Accountants and accounting firm Accountants and Auditors in Kingston Jamaica Audit and Assurance Services compliance audit Consulting Firm Consulting Services Corporate Strategy

Governance, Risk and Compliance (GRC): Integrating Oversight for Better Decision-Making

July 5, 2025by Dr Dawkins Brown

Silos Are Risky—Integration Is Smart Caribbean businesses today operate in a challenging landscape—heightened regulatory requirements, fast-moving digital threats, environmental concerns, and growing stakeholder scrutiny. Yet too often, governance, risk management, and compliance functions operate in silos—creating duplication, blind spots, and strategic disconnects. Governance, Risk and Compliance (GRC) is a framework for integrating oversight, breaking down...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica Audit and Assurance Services Audit firm Blockchain Technology International auditing standards (ias)ISO 20000-1 Standards Risk Advisory Services

Internal Controls That Work: Safeguarding Assets and Enhancing Accountability

July 5, 2025by Dr Dawkins Brown

The Real Value of Internal Controls In a fast-paced business environment marked by evolving risks, regulatory scrutiny, and financial pressure, internal controls are not just about compliance—they are about confidence. A robust internal control system is your organization’s first line of defense against fraud, error, inefficiency, and reputational risk. But effective controls go beyond ticking...

Accountants and accounting firm accountants and auditors Accountants and Auditors in Kingston Jamaica accounting firm Audit and Assurance Audit and Assurance Services Audit firm

The Contractual Service Margin (CSM) Decoded — Profit Recognition under IFRS 17

July 4, 2025by Dr Dawkins Brown

At the heart of the IFRS 17 Insurance Contracts standard lies the Contractual Service Margin (CSM) — a powerful concept that fundamentally changes how insurers recognize revenue and profit. In contrast to traditional models that front-loaded income upon premium receipt, IFRS 17 mandates a systematic deferral and gradual recognition of profits over the life of...

accountants and auditors Advisory Services AML Audits:Anti-Money Laundering Program Artificial Intelligence (AI)Audit and Assurance Services Audit firm Cybersecurity Solution Data Protection Dawgen Global ESG services Digital Transformation

Forensic Audits in the Age of Digital Fraud: Protecting Your Business

July 4, 2025by Dr Dawkins Brown

A New Era of Digital Threats As Caribbean businesses become increasingly digital—adopting cloud systems, online banking, remote work tools, and e-commerce platforms—the risk of fraud is evolving at lightning speed. Traditional forms of embezzlement and misappropriation are now being replaced or amplified by cyber-enabled financial crimes. From insider manipulation and digital invoice fraud to unauthorized...

Advisory Services Anti-Money Laundering Program Audit and Assurance Audit and Assurance Services compliance audit compliancy audit Corporate Strategy ESG advisory firms Caribbean ESG reporting Caribbean

ESG Assurance: Preparing for the Next Wave of Stakeholder Scrutiny

July 3, 2025by Dr Dawkins Brown

🌍 The Rise of ESG in the Caribbean Environmental, Social, and Governance (ESG) considerations have evolved from optional reporting frameworks into strategic imperatives. Globally, investors, regulators, and consumers are demanding greater transparency on how companies impact society and the environment. In the Caribbean, this trend is accelerating. Financial institutions, multilateral agencies, stock exchanges (like the...

Accountants and accounting firm Audit and Assurance Audit and Assurance Services Audit firm Internal audit Internal audit firm International auditing standards (ias)

Why Internal Audit is a Strategic Asset, Not Just a Compliance Function

July 3, 2025by Dr Dawkins Brown

🎯 Rethinking the Role of Internal Audit In many organizations—particularly across the Caribbean—internal audit is still viewed through a narrow compliance lens. It is often perceived as a mandatory check on policies, procedures, and regulatory obligations. But this traditional view limits the true value internal audit can bring. In reality, a well-designed internal audit function...

Newer Posts

Older Posts

Unpacking IFRS 17: The Premium Allocation Approach (PAA) and its Challenges

General Insurance Contracts and the PAA — Simplicity with Tax Complexity

Life Assurance under IFRS 17 — A New Tax Narrative for Policyholder Protection

Tax Risk Management: Building Confidence Through Compliance

Governance, Risk and Compliance (GRC): Integrating Oversight for Better Decision-Making

Internal Controls That Work: Safeguarding Assets and Enhancing Accountability

The Contractual Service Margin (CSM) Decoded — Profit Recognition under IFRS 17

Forensic Audits in the Age of Digital Fraud: Protecting Your Business

ESG Assurance: Preparing for the Next Wave of Stakeholder Scrutiny

Why Internal Audit is a Strategic Asset, Not Just a Compliance Function

August 10, 2026CAPITAL: Asset Rich and Cash Poor Is a Choice, Not a Condition

August 10, 2026GOVERNANCE :The Board That Meets Once a Year Is Not a Board

August 9, 2026DEPENDENCE: Key-Person Risk Is a Valuation Discount, Not a Compliment

August 9, 2026VISIBILITY: Why Caribbean Private Companies Are Worth Less Than Their Owners Think — and How to Fix It

August 6, 2026One Page, Every Quarter

Where to find us?

Dawgen Social links

Where to find us?

Dawgen Social links