The General Inspectorate of Finance or ''Inspection générale des finances'' (IGF) is an interdepartmental auditing and supervisory body in
France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
. Its general mission is to provide oversight, audit, analysis, consulting and evaluation services in administrative, economic and financial matters. In the recent years, the IGF has been at the head of the movement of modernisation of the state (in particular through its leading role in the
General Review of Public Policies).
It is currently run by Catherine Sueur. It is placed under the joint responsibility of the
Ministry of Economy and Finance and
Ministry of Public Action and Accounts
The Ministry of Public Action and Accounts ( French: ''Ministère de l'Action et des Comptes publics'') is a ministry of the Government of France. It was created by President Nicolas Sarkozy in 2007, when he split the Ministry of Finance and the E ...
. Yet, because it is an interdepartmental body, it carries out missions for many ministries.
The General Inspectorate of Finance is not only a state body; it has been one of the
Grand Corps of the French State
Grand may refer to:
People with the name
* Grand (surname)
* Grand L. Bush (born 1955), American actor
* Grand Mixer DXT, American turntablist
* Grand Puba (born 1966), American rapper
Places
* Grand, Oklahoma
* Grand, Vosges, village and commun ...
since the 18th century. A small but influential
corps
Corps (; plural ''corps'' ; from French , from the Latin "body") is a term used for several different kinds of organization. A military innovation by Napoleon I, the formation was first named as such in 1805. The size of a corps varies great ...
, the IGF enjoys a particular prestige: each year it recruits some of the best students graduating from the highly regarded
École nationale d'administration
The École nationale d'administration (generally referred to as ENA, en, National School of Administration) was a French ''grande école'', created in 1945 by President of France, President Charles de Gaulle and principal author of the Constitu ...
, and career opportunities after leaving the IGF are very good in both public and private sectors.
Assignments
Missions
Today the General Inspectorate of Finance conducts a variety of assignments upon request both from its supervising ministries and from other ministries, the
Prime Minister
A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
or the
President of the Republic. The IGF has four main missions:
* Historically, its core assignment has been to oversee the decentralized services of the financial ministries. The inspectors of finance are empowered to obtain all documents necessary for purposes of oversight. They are responsible for verifying the quality of procedures and their implementation, the regularity of operations, and also for combating fraud and monitoring the ethical behavior of civil servants. This traditional vocation of the General inspection now accounts for only 9% of its activity.
* Increasingly, the General Inspectorate of Finance is called upon to conduct evaluations of public bodies or public policies (34% of total assignments in 2009) for their ministries; for example, in 2009, it audited the
Centre Pompidou
The Centre Pompidou (), more fully the Centre national d'art et de culture Georges-Pompidou ( en, National Georges Pompidou Centre of Art and Culture), also known as the Pompidou Centre in English, is a complex building in the Beaubourg area of ...
, one of the most preeminent museum in France, for the
ministry of Culture Ministry of Culture may refer to:
*Ministry of Tourism, Cultural Affairs, Youth and Sports (Albania)
* Ministry of Culture (Algeria)
*Ministry of Culture (Argentina)
*Minister for the Arts (Australia)
*Ministry of Culture (Azerbaijan)
* Ministry of ...
and the
Agence France Développement, the leading international cooperation agency in France, for the
ministry of Foreign Affairs In many countries, the Ministry of Foreign Affairs is the government department responsible for the state's diplomacy, bilateral, and multilateral relations affairs as well as for providing support for a country's citizens who are abroad. The entit ...
.
* Another very important mission has become, in the context of the
French General Review of Public Policies
The French General Review of Public Policies (RGPP), in French "Révision générale des politiques publiques", aims at reducing public spending while increasing the efficiency and quality of public action. It was launched by the Fillon Government ...
(RGPP), to provide consulting services to a variety of public bodies (37% of total assignments in 2009).
* Finally, members of the General Inspectorate of Finance frequently assist members of parliament on a governmental mission or take part in ad hoc committees, such as the Juppe - Rocard committee reviewing the priorities of the National Loan issuance in 2009. These assistance assignments accounted for 15% of the workload in 2009.
Fields of investigation offer a great diversity of subjects as the IGF can be called upon by any ministry, jointly with the Finance or Budget ministers. Members also work with
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
or
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
teams on specific international assignments.
Values
The core values that serve as guarantees of the quality of the IGF’s work are:
* on-site investigations, covering the entire chain of command
* opportunity for the audited services to be heard in order to guarantee the rigor of the findings
* personal responsibility of inspectors for their reports
* cross-disciplinary approach covering financial, economic, legal, human resources, and all other relevant aspects
* high degree of responsiveness, to provide rapid reactions to requests for reports: the average length of a full-time assignment is three months.
The IGF is often compared to a
consulting firm
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad range ...
- a consulting firm of the state (its members are civil servants), within the state (it is not an independent body), and for the state (its only client are public administrations). But many differences that regarding the work method of the IGF. The IGF's reports allow three levels of reading: a short summary for ministers (2-5 pages), a synthesis for their staff and for high-level civil servants (20-50 pages), and the complete report for the administration agents (200-800 pages).
Composition
Tournée and Inspecteurs Généraux des Finances
The ''Tournée'' consists of approximately 50 people, with a median age of 34. The group comprises the inspectors of finance (members of the 'corps'), seconded civil servants from other ministries (acting inspectors of finance), and interns. Placed under the supervision of the general inspectors, it performs the bulk of the operational work entailed in carrying out the assignments entrusted to the IGF.
Inspectors of finance are mainly recruited after graduation from the
École nationale d'administration
The École nationale d'administration (generally referred to as ENA, en, National School of Administration) was a French ''grande école'', created in 1945 by President of France, President Charles de Gaulle and principal author of the Constitu ...
(the French national school for high-ranking civil servants) - working for the inspection is often one of the top choices of graduates. They spend at least four years working for the IGF before moving to a career outside the IGF. The ''tournée'' represents a richly rewarding experience for its members, with a heavy emphasis on teamwork, enabling inspectors of finance to develop their capabilities progressively.
The General Inspectorate of Finance also draws upon talent from a diversity of backgrounds, recruiting via an "external channel", to bring in executive grade personnel with ten years’ public service experience and enable the staff to benefit from a wider range of experience.
There are 40 or so general inspectors of finance, who embody the expertise and experience of the IGF. In some cases they carry out assignments directly, in others they supervise or direct them, in certain cases overseeing and guiding members of the ''tournée''. As consultant general inspectors they provide expertise in a specific area, Finance Ministry Department or another ministry. They bring the IGF’s vision to bear on their particular sphere, contribute to the planning and oversight of missions, supervise the implementation of their recommendations, and ensure knowledge acquired is properly capitalized on and circulated.
Current composition
There are approximately 260 members of the corps, of which 70 inspectors currently work within the General Inspectorate. The Head of the General Inspectorate of Finance is
Marie-Christine Lepetit. Each mission usually gathers between one and four Inspecteurs des Finances under the supervision of one Inspecteur Général des Finances, and can sometimes involve other auditing body (such as the Inspection Générale des Affaires Sociales or the Inspection Générale de l'Administration) or even private consulting firms such as
McKinsey & Company
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
.
Career opportunities after leaving the Inspection
Junior inspectors generally complete four years of assignments before moving on to other ministerial departments, public bodies, ministerial cabinets, international organizations or the private sector.
Current prominent figures of the Inspection include:
* President of France,
Emmanuel Macron
Emmanuel Macron (; born 21 December 1977) is a French politician who has served as President of France since 2017. ''Ex officio'', he is also one of the two Co-Princes of Andorra. Prior to his presidency, Macron served as Minister of Econ ...
* European central bank former President,
Jean-Claude Trichet
Jean-Claude Trichet (; born 20 December 1942) is a French economist who served as President of the European Central Bank from 2003 to 2011. Previous to his assumption of the presidency he served as Governor of the Bank of France from 1993 to 2003 ...
* Director General of the
Caisse des dépôts et consignations
The Caisse des dépôts et consignations (CDC; ) is a French public sector financial institution created in 1816, and part of the government institutions under the control of the Parliament. Often described as the "investment arm" of the French ...
,
Jean-Pierre Jouyet
* Director of the
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation
in the United Nations System, governments use the organization to establish, revise, and e ...
,
Pascal Lamy
Pascal Lamy (born 8 April 1947) is a French political consultant and businessman. He was the Director-General of the World Trade Organization (WTO) from 1 September 2005 to 1 September 2013 for 8 years. In April 2009, WTO members reappointed Lamy ...
Other famous inspectors of finance include:
*
François Asselineau
*
Michel Bon
Michel Bon (born 5 July 1943) is a French businessman and politician. He is a graduate of the ESSEC Business School, of the Paris Institute of Political Studies, of the École nationale d'administration and of Stanford Business School.
In 1981, ...
*
Henri de Castries
Henri de La Croix de Castries (born 15 August 1954) is a French businessman. He was chairman and CEO of AXA until retiring from both roles on 1 September 2016.
Early life
Henri de La Croix de Castries was born on August 15, 1954 in Bayonne. His fa ...
*
Jacques Chaban-Delmas
Jacques Chaban-Delmas (; 7 March 1915 – 10 November 2000) was a French Gaullist politician. He served as Prime Minister under Georges Pompidou from 1969 to 1972. He was the Mayor of Bordeaux from 1947 to 1995 and a deputy for the Gironde ''dà ...
*
Claude Cheysson
Claude Cheysson (; 13 April 1920 – 15 October 2012) was a French Socialist politician who served as Foreign Minister in the government of Pierre Mauroy from 1981 to 1984.
Career
Cheysson was born in Paris and attended the Cours Hattemer, ...
*
Valéry Giscard d'Estaing
Valéry René Marie Georges Giscard d'Estaing (, , ; 2 February 19262 December 2020), also known as Giscard or VGE, was a French politician who served as President of France from 1974 to 1981.
After serving as Minister of Finance under prime ...
*
Jean-Pierre Jouyet
*
Alain Juppé
Alain Marie Juppé (; born 15 August 1945) is a French politician. A member of The Republicans, he was Prime Minister of France from 1995 to 1997 under President Jacques Chirac, during which period he faced major strikes that paralysed the coun ...
*
Jacques de Larosière
Jacques de Larosière de Champfeu (born 12 November 1929) is a French former civil servant who served as the president of the European Bank for Reconstruction and Development from 1993 to 1998. He previously served as the governor of the Banque de ...
*
Jean-Marie Messier
Jean-Marie Messier (born 13 December 1956) is a French businessman who was chairman and chief executive of the multinational media conglomerate Vivendi (formerly Vivendi Universal) until 2002. He is also frequently referred to by the nickname "J2 ...
*
Xavier Musca
*
Jean-Charles Naouri
Jean-Charles Naouri (born 8 March 1949 in Bône, Algeria) is a French businessman. He is Chairman, Chief Executive Officer and controlling shareholder of Groupe Casino.
Education
Naouri received his baccalaureat degree at only 15 years old ...
*
Frédéric Oudéa
*
Michel Pébereau
*
Baudouin Prot
Baudouin Prot (born 24 May 1951) is a French economist who was chairman of BNP Paribas' board of directors until December 2014. He is now a senior advisor at Boston Consulting Group and Partners Group.
Early life
Prot was born 24 May 1951. He gra ...
*
Michel Rocard
Michel Rocard (; 23 August 1930 – 2 July 2016) was a French politician and a member of the Socialist Party (PS). He served as Prime Minister under François Mitterrand from 1988 to 1991 during which he created the ''Revenu minimum d'ins ...
*
Jean-Claude Trichet
Jean-Claude Trichet (; born 20 December 1942) is a French economist who served as President of the European Central Bank from 2003 to 2011. Previous to his assumption of the presidency he served as Governor of the Bank of France from 1993 to 2003 ...
Further reading
*
External links
*
{{DEFAULTSORT:Inspection generale des finances (France)
Government of France
finances
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of finan ...