Importing 201 Course
Learn Advanced Import Compliance Training
Your firm experiences errors and delays at the border even though import compliance has become a core competency and integrated into your firm’s procedures and policies.
Alternatively, your company has divisions, each having its own EIN, and imports a range of products. You want to prepare your firm and its divisions for the possibility of receiving either a U.S. Customs and Border Protection’s (Customs) letter of inquiry or an audit request.
How do you effectively begin a statistically relevant import compliance audit for your company with a limited budget? How do you respond to Customs’ inquiries? Would your company’s procedures and policies withstand Customs scrutiny? Is there evidence of reasonable care?
All of these questions and more will be addressed in our advanced import compliance course to ensure you and your firm are prepared. You will receive a comprehensive text, which is regularly updated. It incorporates samples of import procedures and policies.
If you are unfamiliar with reasonable care or the Import Regulations (CFR 19), we recommend that you take our Importing Procedures and Documentation course prior to taking this import compliance training course.
What you will learn
- Discuss accessing your import data through Customs’ portal: ACE (Automated Commercial Environment)
- Review important components of import procedures and policies
- Discuss development of an Import Policy and Procedures manual
- Identify the role of your customs broker in your compliance program
- Obtain information on Customs’ enforcement and audits
- Best practices to adopt in response to Customs’ inquiries
- Learn what triggers a Customs’ audit
- Receive details about Penalties:
- Hierarchy of monetary penalties assessed under CFR 19
- Individual vs. company
Importing 201 Compliance Course Will Benefit
Importers’ and Customs Brokers’ representatives who are in: Auditing, Purchasing, Logistics, Compliance, Legal or anyone with responsibility for import compliance.
Customer Testimonials from Importing 201 Course
NO SALES, NO GIMMICKS, JUST LEARNING!
* Small Class Size – Time for discussions / Q&A
* Live INTERACTIVE We encourage class participation! You may ask questions throughout the session.
* Book included in price – Great reference to keep at your desk!
* Earn continued education credits (approved for NCBFAA & NASBITE)
* Best in-class Instructors, with real-world experience, which means they can relate to your issues
Importing 201 Agenda
8:30 a.m. to 4 p.m. (Central Time) – Webinar
Reference book U.S. Import Audit Preparation
- THE LEGAL REQUIREMENT FOR COMPLIANCE
- Informed Compliance
- Shared Responsibility
- Reasonable Care
- THE TYPES OF CBP AUDITS AND ENFORCEMENT
- Transactional enforcement from the ports and CEEs
- Regulatory Audit
- Referral audits
- Supply chain security reviews
- Audit questionnaires
- Focused Assessment
- Other techniques (e.g. 2016-2017 threatening informed compliance letters.)
- NEW!!! AD/CVD evasion investigations
- Customs Enforcement
- RESPONDING TO CBP AUDIT INQUIRIES WITH A FOCUS ON THE FA
- Are you under investigation?
- Building your audit compliance team
- Responding to questionnaires
- Understanding the audit process and techniques
- LONG BEFORE THE AUDIT: PREPARING YOUR COMPANY FOR REGULATORY ENFORCEMENT.
PRACTICAL TECHNIQUES AND SOLUTIONS
- The five elements of internal control
- Control environment
- Risk Assessment
- Control Activities
- Information and communication
- Applying the elements of internal control to your business
- Internal organization
- Policies and procedures
- Record keeping techniques
- Managing the tactical – Value, HTS, C/O, duty. (A review of basic importing)
- Controlling business partners – vendors, forwarders, brokers, carriers
- Building an internal compliance team
- Building an external compliance team – Brokers, Consultants, Attorneys,Trade Organizations
- Measuring your success
- The five elements of internal control
- TRUSTED TRADER/ISA
- POLICY AND PROCEDURE MANUAL