Ríkisendurskoðandi

Ríkisendurskoðandi is the Icelandic term for the Auditor General of Iceland. This independent office is responsible for overseeing the government's finances and administration. The primary role of the Ríkisendurskoðandi is to ensure that public funds are managed effectively, efficiently, and in accordance with the law.

The Auditor General is appointed by the Althing, the Icelandic parliament, for a term of seven years and can be reappointed. The office conducts audits of ministries, state institutions, and state-owned enterprises. These audits examine financial statements, operational procedures, and compliance with regulations. The findings of these audits are then reported to the Althing and made public.

The purpose of the Ríkisendurskoðandi's work is to promote transparency and accountability in government. By scrutinizing how public money is spent and how government operations are conducted, the office helps to prevent waste, fraud, and mismanagement. This contributes to public trust in government institutions and ensures that taxpayer money is used for its intended purposes. The Ríkisendurskoðandi also plays a role in advising the government on improving its financial management and administrative practices.