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 manageme
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
Date: Thursday 13 February 9.30am to 1.30pm
Virtual: Zoom Platform
Cost to attend: Members £250.00 + VAT and Non-Members £330.00 + VAT
Please note: This event will not be recorded and any material will only be circulated to those that attend
Can't make this date? Contact us to register your interest for the next course date
