Sudan’s Governmental officials believe that Blockchain will be impactful for the country. These statements were made during the Blockchain for Government initiative visit to Sudan led by Bitcoin Association, the Swiss-based non profit organization.
Small companies spend a higher % of their profits on audit than big companies. Relatively speaking, an audit is more expensive for smaller and medium sized companies.
The startup Abendum has barely existed a year and will be ready with an MVP in April. That was enough for The Financial Supervisory Authority of Norway to choose them as the only participant in pool #2 of its regulatory sandbox.
Abendum is now included in The Financial Supervisory Authority of Norway’s regulatory sandbox for fintech.
Imagine you are responsible to release funds according to invoice details. Suddenly a vendor asks why their payment is overdue. But you already paid it last week, how can this be? You come to the chilling realization that you have become a victim of a Business E-mail Compromise.
Ever wondered why that audit was so expensive? In this post I’ll show you how a simple accounting extension, called Triple Entry Accounting, (TEA) can save you and your auditor time and money.
Adding “Triple Entry Accounting” and blockchain on top of the double entry process means transactions and activities will be on a permanent ledger.
ABENDUM’s Triple-Entry Bookkeeping system sheds a light to public accounting by integrating the [...]
