Endurskoðað
Endurskoðað is an Icelandic term that translates to "audited" or "revised" in English. It is most commonly used in the context of financial statements and business operations. When a company's financial records are described as endurskoðað, it means they have been examined by an independent auditor to ensure accuracy and compliance with relevant accounting standards and regulations. This process is crucial for maintaining transparency and building trust with stakeholders, including investors, creditors, and regulatory bodies.
The act of auditing, or endurskoðun, involves a thorough review of a company's books, accounting policies, and
Beyond financial reporting, the term endurskoðað can also refer to a broader review or re-evaluation of any