Commandant
2100 Second Street, S.W.
United States Coast Guard
Washington, DC 20593-0001
Staff Symbol: CG-842
Phone: (202) 267-0680
Fax: (202) 267-4688
COMDTINST 5700.10
DEC 15 2005
COMMANDANT INSTRUCTION 5700.10
Subj:
COAST GUARD INTERNAL CONTROL PROGRAM
Ref:
(a) Federal Managers' Financial Integrity Act (FMFIA), Section 3512 of title 31, USC (PL97-
255), of 1982
(b) Office of Management & Budget (OMB) Circular A-123, Management's Responsibility for
Internal Control, Revised December 21, 2004
(c) Department of Homeland Security Financial Accountability Act, Public Law 108-330,
October 16, 2004
1. PURPOSE. The recent revision of OMB Circular A-123 has reemphasized the importance of
internal control in the Federal Government and established much higher and more specific standards
for internal control over financial reporting. In addition, the enactment of the Department of
Homeland Security (DHS) Financial Accountability Act has resulted in new requirements for the
evaluation, reporting and auditing of internal controls over financial reporting in DHS. This
Instruction provides policy statements relative to References (a), (b), and (c) noted above. It also
Previous Page
