Importing Marketing Channel Audits

This course is designed address the import record-keeping and audit compliance procedures that will emphasis on the importer obligation to maintain and assess internal and external records that are related to their international trade transactions. It focuses on the role of the import compliance manager, and record-keeping compliance procedures, and the approved standard import and customs forms that will fulfill specific legal requirements in the global logistics environment.

When importers products or goods have reached its destination, it has to go through Customs, and each nation has their rules and procedural processes that may be unique for that business environment. Therefore, it is imperative fully to understand the record-keeping compliance that is addressed in the U.S. Customs and Border Protection (CBP) which is outlined the Ports of Entry & U.S. Import Regulations. The import compliance audit and assessment process can be complicated and full of record-keeping requirements that might be known to the importer under the Record-keeping Compliance Handbook. Many companies have relied on their intermediaries (channel distributors) to maintain and manage their record-keeping compliance information to avoid pitfalls when trying to make Customs.

As importers, we must know the customs regulations that can be used to help in keeping the in accordance with international-Free Trade Agreements (FTS) have increased over years between developed and developing markets. Importers must also beware of the record-keeping systems and processes that will be audited and assessed by the custom regulators for international logistics transactions. This review procedures and assessment will have an effect on the management and administered of the record-keeping compliance in your company. Reasoning for auditing and assessing the record-keeping compliance documents include the determinations: classification and valuation of the goods for importing purposes within their dutiable status, whether the proper documentation have met the country of origin requirements, and whether the import documentation meet the foreign law requirements. If problems are found within the record-keeping compliance process, then the importer can be fined, and good can be held pending corrective actions by being detained, exported or confiscated.

This webinar will provide import compliance materials that examine U.S. Customs and Border Protection regulations for record-keeping that can be used in the international logistic arena.