Introduction to Customs Audits: What to Expect

U.S. Customs and Border Protection has long utilized the focused assessment as the primary tool to audit importers. In recent years, however, CBP has conducted more targeted issue-related audits and audit surveys and fewer FAs. Regardless of the type, however, these audits have a significant impact on your import department and what is required if your company is selected to participate. This webinar will discuss current CBP audit methods and what importers may expect.

• The mission of CBP Regulatory Audit
• The Customs Modernization Act: reasonable care, penalties, and prior disclosures
• A brief history of CBP audits
• The audit planning process and candidate risk factors to consider
• The audit process A to Z
• Preparing for a CBP audit and consideration for internal controls