Import Audit Compliance Seminar
Everyone wants to be an importer. Few people know how to do it properly. Since the passage of the Customs Modernization Act has transferred responsibility—and legal liability—for determining the value, classification and entry requirements- from Customs to the importer, you better make sure you know what you're doing.
This popular seminar details your responsibilities as an importer under the Customs Modernization Act, audit procedures you'll be required to follow during a focused assessment, and your record keeping requirements. In addition, you'll be given guidance for creating a set of Standard Operating Procedures required by Customs under the Act.
Come to this one-day seminar armed with your questions. Small class sizes and a knowledgeable teacher allow for a great interaction between attendees, and the instructor. All attendees receive a copy of the Focused Assessments: Preparing for a U.S. Import Audit workbook to help meet the day-to-day responsibilities and legal requirements of your job.
We recommend taking the Import Documentation and Procedures seminar prior to this course.
If you take this seminar, you will:
- CLASS & MATERIAL UPDATE! NEW FOCUSED ASSESSMENT (FA) RULES
- Learn why audits exist and why they are important
- Discover what a customs audit is, how the process works, and what Customs is looking for
- Understand your compliance responsibilities and how you could pass a Customs Audit
- Learn how to develop proper recording keeping requirements
Full-Day Session - 8:30 a.m. to 4:00 p.m.
Certificate Issued Upon Completion.
SAVE $50 ON EACH REGISTRATION—Register and pay for your seminar more than 30 days in advance and save $50 off of every seminar registration!
You must call and register with IBT at (800) 641-0920 to get this special discounted price.
Seminar refund policy. IBT will issue a complete refund if you cancel 30 or more days before the seminar date. No refunds are given for cancellations received within 30 days of the seminar. Cancellations received less than 30 days before the seminar are subject to a $125 transfer fee. Once the fee is paid, you may transfer to another class date within one full year. In fairness to all attendees, confirmed attendees who do not attend their scheduled seminar are liable for the entire fee. You may send a substitute if you are not able to attend at the last minute at no charge.
If you do not receive a seminar confirmation at least two weeks before the seminar, please contact our office. We recommend you do not make travel arrangements until you receive a seminar confirmation. We reserve the right to cancel any seminars that do not have enough participants. If a cancellation occurs, registered attendees will receive a full refund or the option to transfer to another date.
WHEN CHECKING OUT PLEASE PROVIDE THE FOLLOWING INFORMATION ABOUT THE SEMINAR ATTENDEE IN THE "NOTE TO SELLER" BOX:
- Phone Number
- Email Address
- Company Name & Address
U.S. IMPORT TRADE COMPLIANCE
I. U.S. CUSTOMS COMPLIANCE
- Key Compliance Issues
- Reasonable Care Check Lists
- Common Importer Errors
U.S. CUSTOMS AUDIT PROCEDURES
III. INTRODUCTION TO CUSTOMS AUDITS
- Audit Types
- What Triggers an Audit?
- Process Overview
- Instructions for Focused Assessment
- Internal Control Questionnaire
- EDP Questionnaire
- Pre-Assessment Survey Audit Program (PAS)
- Internal Control Survey
- Assessment Compliance Test (ACT)
- Compliance Improvement Plan (CIP)
- Systemic Errors
- Timely Completion and Resolution of Issues
- Gray areas of classification
- Errors Disclosed During an Audit
- Prior Disclosures During an Audit
- Importer Quantification
VI. RECORD RETENTION PERIODS
VII. IMPORTER SELF-ASSESSMENT PROGRAM (ISA)
VIII. STANDARD OPERATING PROCEDURES (SOPS)