Financial Management Authority

The Financial Management Authority is a service and knowledge institution in the field of public finances. The Institute provides financial services and consulting regarding government finance, procurement, and human resources. It shall also oversee the accounts of the Treasury and ensure timely and reliable information on the finances of the state.

The Financial Management Authoritys service

Finance and Financial Management

Information on accounting, settlement, revenue, collection and payment services for the state.

Human Resources

The Financial Management Authority provides government institutions with advice on human resources matters. This includes guidance on recruitment processes, sick-leave entitlements, and termination of employment.

Public procurement and sales

The Financial Management Authority handles procurement, tendering, framework agreements and asset disposals for institutions and enterprises funded by the State Treasury.

The Financial Management School

The Financial Management Academy is the Financial Management Authority’s professional development and training programme for government employees.

Public Innovation

Public innovation is a new or significantly changed approach to improving operations and performance in the workplace.

Digital solutions

Digital solutions serving the Financial Management Authority’s customers.

Other websites of the Icelandic Financial Administration

Government accounts

Human resources

Open government accounts

Ársreikningar.is

Útboðsvefur.is

Miðlægirsamningar.is

News and announcements

22nd October 2026

The first solution meets the requirements for electronic data submission for government payment cards

Kardio is the first of three fintech companies to complete the second phase of ...

Financial Management Authority

22nd October 2026

Registration for Finance Administration Day 2026 is now open

Registration for Finance Administration Day is now open, and the day’s agenda ...

Financial Management Authority

20th October 2026

Bank Transfers Now Available as a Payment Method for Applications on Ísland.is

It is now possible to pay for applications on Ísland.is by transferring funds ...

Financial Management Authority