Coast Guard Commandant Adm. Bob Papp at the re-dedication of the newly-restored Coast Guard World War Memorial on its 85th anniversary at Arlington National Cemetery May 23, 2013, in Arlington, Va. U.S. Coast Guard photo by Petty Officer 2nd Class Patrick Kelley.

Commandant announces Fiscal Year 2013 financial audit results

I am delighted to announce that we have recently received the 2013 audited Department of Homeland Security annual financial report, and for the first time in our history, the Coast Guard and the Department of Homeland Security have received a clean, unqualified audit opinion. This is a significant milestone for our Service and the Department. A clean opinion indicates that an independent auditor has reviewed our financial statements and found them to be in full compliance with applicable laws and accounting standards. We are the first Armed Service to accomplish this achievement. Well done, shipmates.