endurskoðanasögu

Endurskoðanasaga refers to the history of auditing or review. It encompasses the evolution of practices, principles, and regulatory frameworks that have guided the examination of financial records and organizational processes. Initially, auditing was primarily focused on detecting fraud and ensuring accountability in public and private entities. Over time, its scope expanded to include assessing the fairness of financial statements and evaluating the effectiveness of internal controls.

Key milestones in the development of endurskoðanasaga include the establishment of professional auditing bodies, the codification of auditing standards, and the introduction of legislation aimed at enhancing transparency and corporate governance. The advent of complex financial instruments and globalized markets has further shaped the practice, requiring auditors to adapt to new challenges and employ more sophisticated techniques.

The purpose of endurskoðanasaga is to understand how the auditing profession has transformed in response to economic, technological, and societal changes. It highlights the ongoing efforts to improve audit quality, build public trust, and ensure that audits provide valuable insights beyond mere compliance. This historical perspective is crucial for current practitioners and policymakers in shaping the future of auditing.