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Candidates must provide the Icelandic National Audit Office with her/his endorsed financial statements no later than three months after the election took place. Subsequently, the National Audit Office shall, as soon as possible, co-ordinate and publish a summary of the financial statements. This summary must contain information on total income and total costs. The summary must itemise income according to source, distinguishing among State contributions, municipal contributions, donations from legal entities, membership fees and donations from individuals and must also state the principal amounts on the political organisation's balance sheet. Specific mention must be made of all accepted discounts from market prices, as well as sales of services, goods or assets at premium prices. The name of every legal entity that donates to the candidate's campaign must be published, as must the amount donated. Furthermore, the names of individuals that have provided donations to the candidate's campaign valued at more than ISK 200,000 must also be published.
If the accounts of the campaign reveal a positive or negative financial result, the candidate must annually submit new statements to the National Audit Office until the excess amount has been disposed of or the debt has been paid.