Importing 201

Learn advanced Import compliance Training

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 with this Importing 201 Course.

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.

Full Day

Two 15 min breaks and 1-hour lunch

$595-$645
Price is per person

Webinars: 8:30am-4pm CT $595

Seminars: 8:30am-4pm Local Time $645

See Dates

Scheduled Dates

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Course Features

Small Class

This means there is more time for you to grow and get the knowledge and answers you need to succeed. We highly encourage participation and questions throughout the class.

Book Included

With this course, you will receive a free reference book. This will benefit you far past the course.

Certification

With this interactive course, you will receive a certificate of completion and a digital badge.

Credits

You may earn education credits for completing this course. See details

Download Importing 201 Agenda here⬇️

IMPORTING 201

8:30 a.m. to 4:00 p.m. – Seminar
8:30 a.m. to 4:00 p.m. (Central Time) – Webinar
Reference book included: U.S. Import Audit Preparation

I. U.S. CUSTOMS COMPLIANCE

Regulatory Environment
Reasonable Care
Key Compliance Issues
Common Importer Errors

II. CUSTOMS ENFORCEMENT

Penalty Process
Specific Elements Comprising the Monetary Penalties
Audit Types and Triggers

III. THE FOCUSED ASSESSMENT PROCESS

FA Process Overview
Pre-Assessment Survey Process & Questionnaire
Instructions for Focused Assessment Process
Electronic Data Processing Questionnaire
Technical Information for Pre-Assessment Survey (TIPS)
Assessment Compliance Test (ACT)
Risk Opinion Under Focus Assessment
Compliance Improvement Plan (CIP)
Focus Assessment Follow-Up Audit

IV. SPECIAL ISSUES WITHIN AN AUDIT

Systemic Errors
Timely Completion and Resolution of Issues
Gray areas of HTS Classification
Delay Requests to Apply for CTPAT
Errors Disclosed and Prior Disclosures During an Audit
Treatment of Ultimate Consignee Transactions
Importer Quantification
Prior Disclosure, Sampling, and Offset Practices Codified
Conflict Resolution During and Audit

V. INTERNAL CONTROL

Internal Control Summary by Component
Evaluating The Control Environment, The Risk Assessment Process, Monitoring Activities
Evaluating Information and Communications Process, The Control Activities
Guidance for the Internal Control Interviewing Process
COSO Internal Control-Integrated Framework
Compliance Techniques

VI. RECORD KEEPING COMPLIANCE

Requirements, Production, Inspection & Examination
List of Records Required, to be Maintained and Produced Pursuant 19 U.S.C. § 1509 (a)(1)(A)

VII. CTPAT TRADE COMPLIANCE PROGRAM

VIII. STANDARD OPERATING PROCEDURES

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

Importers’ and Customs Brokers’ representatives who are in: Auditing, Purchasing, Logistics, Compliance, Legal or anyone with responsibility for import compliance.

**We do recommend to take our Importing procedures course, if you have not done so, prior to this course. This will be to your advantage and allow you to get the best understanding of this topic. Let us know if you have any additional questions!

If you cancel 30 days in advance of an event, you will receive a fund refund. To read entire Policy, click here