Customs Audit Masterclass

This comprehensive virtual half day Masterclass equips your business with the essential knowledge and practical strategies to successfully navigate a customs audit.

From understanding the audit process and legal obligations to meticulous record-keeping and staff training, we’ll guide you through every step, ensuring you’re fully prepared and confident in achieving optimal audit outcomes.

The Masterclass will cover:

1. What is a Customs Audit?

• Purpose and scope of customs audits
• Different types of audits
• Potential consequences of non-compliance

2. Supply Chains

• Understanding your supply chain’s impact on customs compliance
• Identifying risk areas within your supply chain
• Import/export procedures and documentation

3. Customs Declarations

• Key elements of accurate customs declarations
• Common errors and how to avoid them
• Tariff classification and valuation

4. Compliance

• Essential customs regulations and legislation
• AEO (Authorised Economic Operator) status and benefits
• Staying up-to-date with changes in customs law

5. Legal Obligations

• Importer/exporter responsibilities
• Penalties for non-compliance
• Understanding your rights during an audit

6. Record Keeping

• Legal requirements for record keeping
• Best practices for maintaining accurate records
• Digital record keeping and data management

7. Staff Awareness & Training

• Importance of trained and knowledgeable staff
• Developing internal training programs
• Roles and responsibilities in customs compliance

8. Audit Notification & Preparation – FAQ

• What to expect when you receive an audit notification
• Gathering necessary documentation
• Developing an audit preparation plan
• Addressing common concerns and questions

9. Pre-Audit Visit

• Purpose and benefits of a pre-audit visit
• Key areas to focus on during the visit
• Effective communication with auditors

10. What Happens During the Audit – On Site

• Typical audit procedures and timelines
• Interaction with auditors
• Providing information and responding to queries

11. End of Audit Meeting

• Understanding the debriefing process
• Clarifying outstanding issues
• Next steps after the audit

12. Audit Findings and Recommendations

• Types of audit findings
• Responding to recommendations and corrective actions
• Implementing improvements to prevent future issues

13. Review

• Key takeaways and best practices
• Action planning for ongoing compliance

14. Questions & Discussion