Coast Guard Internal Control Program

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

provides information regarding the Coast Guard (CG) Internal Control (IC) Program initiative. The

IC Program was initiated in Fiscal Year 2005 to provide guidance for conducting and reporting

annually on the results and conclusions of the CG-wide internal control evaluations. IC Program

evaluations support the Commandant's annual internal control assertions as required by the FMFIA

and DHS Financial Accountability Act legislation. Information related to specific IC Program

evaluations will be distributed separately.

2. ACTION. Area and district commanders, commanders of maintenance and logistics commands,

commanding officers of headquarters units, assistant commandants for directorates, the Judge

Advocate General, and special staff offices at Headquarters shall comply with the contents of this

Instruction. Internet release authorized.

3. DIRECTIVE AFFECTED. Management Accountability and Control, COMDTINST 5700.9, dated

25 June 1999 is canceled.

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