Audit

Ríkisendurskoðun

Ríkisendurskoðun

69/100

Summary

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Ríkisendurskoðun (National Audit Office of Iceland) is the supreme audit institution established under Lög nr. 46/2016, the current organic law replacing earlier statutes. The Auditor General (Ríkisendurskoðandi) is appointed by the Althing (parliament) for a 5-year term. INTOSAI and EUROSAI member, applying ISSAI standards.

Independence Scorecard

Independence Score: 69/100 (good)
69/100
Limited
Methodology v0.1
AppointmentLegislative appointment
Term length5 years
Removal standardFor cause only
Budget independenceLegislative line item
Subpoena powerYes
Compel testimonyYes
Records accessFull access
Public reports requiredYes
Pre-publication reviewNone — reports published directly

Statute

Name
Lög um ríkisendurskoðanda og endurskoðun ríkisreikninga
Citation
Lög nr. 46/2016 (Stjórnartíðindi)
Full text
Full text of law →

Jurisdiction scope

External audit of all central government accounts and use of public funds in Iceland; conducts financial, regularity, and performance audits. Reports to the Althing (parliament).

Secondary Sources