Forensic Accountant salary in Iceland

Average Yearly Salary of Forensic Accountant in Iceland is approximately 13,636,329 ISK (95,718 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Forensic Accountant do?

A forensic accountant is a financial professional who specializes in investigating and analyzing financial records to uncover fraud, embezzlement, and other financial crimes. They work closely with law enforcement agencies, lawyers, and corporate clients to identify and document financial irregularities, provide expert testimony in court, and help prevent future fraudulent activities. Forensic accountants use their expertise in accounting, auditing, and financial analysis to examine financial documents, such as tax returns, bank statements, and business records. They follow a systematic approach to trace money trails, analyze financial transactions, and determine the extent of financial losses. They also employ advanced technology and data analysis techniques to identify patterns and anomalies that may indicate fraudulent activities.

Skills: Forensic Accountant, Financial Investigation, Fraud Detection, Financial Analysis, Expert Witness, White-Collar Crime
Job industry: Accounting

How much does Forensic Accountant make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Forensic Accountant a well paid job?

Yes, our data shows that Forensic Accountant is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Forensic Accountant?

High salary for Forensic Accountant would be somewhere between 14,999,962 ISK and 19,772,677 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Forensic Accountant in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 13,636,329 ISK
Estimated Monthly Salary: 1,136,361 ISK
Estimated Weekly Salary: 262,237 ISK per week
Estimated Hourly Salary: 6,556 ISK per hour
By working as Forensic Accountant a person can save up to 5,248 USD per month or 62,972 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Forensic Accountant

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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