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.
Norway Financial Authority selects Abendum for FinTech sandbox
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.