COMDTINST 5402.3 governs the Coast Guard Chief Financial Officer’s technical authority for financial management, policies, requirements, and processes.
View COMDTINST 5402.3 on armypubs.army.mil
The publication establishes the CFO’s authority over financial policy, systems requirements, data quality, internal controls, audit oversight, and compliance. It defines technical authority processes and certifications intended to support effective, efficient, transparent, reliable, repeatable, and sustainable financial management practices.
Applies to: All CG Unit Commanders, Commanding Officers, Officers-in-charge, Deputy/Assistant Commandants, and Chiefs of Headquarters Staff Elements shall comply with the provisions of this Instruction.
All CG Unit Commanders, Commanding Officers, Officers-in-charge, Deputy/Assistant Commandants, and Chiefs of Headquarters Staff Elements shall comply with the provisions of this Instruction. (paragraph 2)
The CFO shall serve as the Coast Guard’s single point of authority, accountability and management for Coast Guard financial policy, procedures, processes and requirements for systems. (paragraph 4)
The CFO shall establish and maintain robust internal audit oversight over all three areas of internal control identified in Office of Management and Budget (OMB) Circular A-123: effectiveness and efficiency of operations, reliability of financial reporting, and compliance with applicable laws and regulations. (paragraph 4)
Technical Authority processes and associated certifications are an essential aspect of independent technical authority, providing objective evidence of effective, efficient, transparent, reliable, repeatable and sustainable financial management business processes and practices. (paragraph 4)