The Institute of State Authorized Public Accountants in Iceland

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Click here to look up individual members of the FLE.

The Institute of State Authorized Public Accountants in Iceland (FLE) was established 16th of July 1935 in Reykjavik and is the only professional body of auditors in the country. Membership is mandatory to authorized public accountants according to law.

From the beginning, the purpose of the FLE has been to strengthen the cooperation between Icelandic state authorized public accountants for common interests and to maintain and improve the standard and reputation of the Icelandic audit profession. FLE is also responsible for professional ethics and issuing of auditing guidelines.

FLE´s board
At FLE´s (The Institute of State Authorized Public Accountants in Iceland)  General Meeting in Reykjavik, November 1. 2019 a new board was appointed for the Institute as follows: 



Ms. Bryndís Björk Guðjónsdóttir, PriceWaterhouseCoopers

Vice President                           

Mr. Páll Grétar Steingrímsson
Member of the board  


Mr. Arnar Már Jóhannesson,


Member of the board              

Mr. Hlynur Sigurðsson, KPMG

Member of the board  


Ms. Ingunn H. Hauksdóttir, Ernst&Young

FLE´s President 

Bryndís Björk Guðjónsdóttir is the president of the board. She was born in 1965. She graduated from Reykjavik University with a Master degree and was licenced as an authorized accountant in 2011. She started her carrier at PriceWaterhouseCooper and since then she has worked as an authorized accountant and partner there.

Bryndís Björk, has been active at the Institute of Authorized Accountants in Iceland as a member and for the last two years she has been a vice-president of the Institute´s board. If you need to contact her you can send e-mail to:


Sigurður B. Arnþórsson is FLE´s CEO since 2009. He was authorized as an public accountant in 1982. He can be reached by phone: +354 568 2704 /GSM +354 894 8110 and E-mail: 

To qualify

To qualify  as a state authorized public accountant in Iceland, according to Law on auditors No. 94/2019, (English translation) an individual must:  

  1. Have a permanent residence in Iceland or be a citizen of EES, EFTA or Faroe Islands
  2. Be of legal age and have had a continuous statutory for the last three years
  3. Have immaculate reputation as defined for being eligible as a member of parliament
  4. Have completed a master degree in auditing and accounting from an university approved by the Audit Oversight Board
  5. Pass a comprehensive  examination conducted by the Audit Oversight Board
  6. Conduct a minimal of three years relevant work under the supervision of an accountant, working with auditing and accounting, within an audit firm 

All inquires regarding the authorization should be sent to Mr. Jon Arnar Baldurs (

A large number of accounting firms operate in Iceland and most of the major international accounting firms have member firms or representative firms in the country.

The office of the Institute is open Mondays to Fridays from 9:00-15:00.
If you would like some further information on the Institute or its members please contact us.

Tel. +354 568 8118

The Institute of State Authorized Public Accountants in Iceland (FLE)
Félag löggiltra endurskoðenda - FLE
Suðurlandsbraut 6
108 Reykjavík

Click here to look up offices of individual accounting firms.

Click here to look up individual members of the FLE.