Audit fees for small & medium sized businesses
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.
Finanstilsynet’s sandbox selects Abendum
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.
Why small businesses lose $Billions from fraud
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.
External Confirmations
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.
The CoinGeek Pulse #35: Abendum and more
Adding “Triple Entry Accounting” and blockchain on top of the double entry process means transactions and activities will be on a permanent ledger.
Triple-Entry Bookkeeping system
ABENDUM’s Triple-Entry Bookkeeping system sheds a light to public accounting by integrating the [...]
Abendum acquired KaChing.cards/Bitcoin.no AS
KaChing.cards - legal company Bitcoin.no AS - has been acquired by the Norwegian company Abendum AS and is now led by CEO Stephan Nilsson, co-Founder of UNISOT and SeafoodChain.