Fjármálayfirlitun
Fjármálayfirlitun refers to the process of reviewing and analyzing financial statements and other financial information of an organization. This typically involves examining income statements, balance sheets, cash flow statements, and related disclosures. The purpose of fjármálayfirlitun is to assess the financial health, performance, and compliance of the entity. It helps stakeholders, such as investors, creditors, management, and regulatory bodies, make informed decisions.
The scope of fjármálayfirlitun can vary. It can be conducted by external auditors to provide an independent
Key objectives of fjármálayfirlitun include detecting errors and fraud, ensuring compliance with accounting standards and regulations,