IGF Mission Summary: Analyse du rapport financier au 30 avril 2015 de l'OAVCT
Summary: The Inspection Générale des Finances' published summary of its mission on analyze du rapport financier au 30 avril 2015 de l'OAVCT. The IGF's summaries give the mission's subject, its findings and its recommendations; the full report is not published. The document carries no publication date. 2015 is the latest year the document itself refers to, so it is a floor — the mission cannot predate it — and not a publication date read off a cover.
Key Findings
- IGF analyzed the financial report submitted by the Office d'Assurance Véhicules Contre Tiers at the end of fiscal year 2014-2015.
- The analysis covered financial statements as of 30 April 2015 compared with the prior year's results for the same period.
- IGF found that OAVCT's results had followed a negative trend since the second quarter of the fiscal year, creating a risk of decapitalization.
- Despite a good maturity balance that allowed OAVCT to finance activities without external financing, operating revenues did not cover operating expenses because expenses had risen steadily.
- Operating expenses rose by more than 35 percent while operating revenues rose by only 12 percent.
- IGF said its analysis was limited by missing prior monthly financial reports, the 2014-2015 budget and the 2014-2015 fiscal-year financial report.
How to cite
General Inspectorate of Finance (IGF), IGF Mission Summary: Analyse du rapport financier au 30 avril 2015 de l'OAVCT, https://igf.gouv.ht/