Learn Key Elements Of Auditing Your Customs Broker

As the importer of record, you are responsible for using reasonable care to enter, classify and determine the value of imported merchandise and more. Our Importing Procedures and Documentation Course teaches key import compliance obligations.

There are examples of documentation and procedures that are relevant and useful provided in the annually updated text. Learn how to decipher those cryptic forms required by the U.S. Government that your customs broker supplies to you. The knowledge you gain in this one-day course will be invaluable.

Don’t expect your customs brokers to teach you everything you need to know about importing and compliance. This Import Procedures and Documentation course will provide you with practical guidelines for managing your customs broker so your customs broker can become your trade compliance partner. Learn key elements of auditing documentation prepared by your customs broker. Remember, your customs broker’s errors could result in penalties for YOU, the importer.

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

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

Learn more about our course

Download Importing Procedures Course Agenda ⬇️

Importing Procedures Course Agenda
8:30 a.m. to 4 p.m. – Seminar
8:30 a.m. to 4 p.m. (Central Time) – Webinar
Reference book U.S. Import Regulations, Procedures & Guidelines

I. THE IMPORT REGULATORY ENVIRONMENT

  • Customs & Border Protection
  • Prohibitions, Restrictions Other Regulatory Agencies
  • The Customs Modernization Act
  • Reasonable Care
  • Value, Classification, Country of Origin, Duty, Record Keeping

II. VALUATION

  • Determining Value
  • Alternative Valuation Methods
  • Related Party Transactions
  • Currency Conversion
  • International Freight Deductions
  • Buying and Selling Commissions
  • First Sale for Export Principle
  • Customs Valuation Encyclopedia
  • The 4-Way Valuation Audit
  • Regulations

III. COUNTRY OF ORIGIN AND MARKING

  • Country of Origin Regulations, Determination, Marking, and Exportation

IV. OVERVIEW OF THE HARMONIZED TARIFF SCHEDULE OF THE U.S.

V. DUTY DETERMINATION

  • Free Trade Agreements and Duty Preference Programs
  • Other Duties, Duty Exemptions, and Fees

VI. ENTRY

  • Import and Entry Process Flow
  • Preparing to Make Entry
  • Consumption Entry — Detailed review of the entry form 3461 and the entry summary form 7501
  • Post Entry Amendment
  • Special Entry Types
  • Foreign Trade Zones
  • Liquidation

VII. RECORD KEEPING

  • Auditing & Maintaining Records The (a)(1)(A) List, ITRAC, ACE

VIII. OTHER IMPORT CONSIDERATIONS

  • Priority Trade Issues, Quota, Samples, Wood Packaging, Forced Labor

IX. CUSTOMS ENFORCEMENT AND SECURITY

  • Penalty Process, Monetary Penalties, Seizure & Forfeiture
  • Importer Audits
  • Port Security, Importer Security Filing (ISF), CTPAT

Learn:

  • Regulators and regulations affecting you as an importer
  • Customs brokers roles and obligations: what should they be doing for you
  • Country of Origin & Product Marking
  • Overview of the Harmonized Tariff Schedule of the U.S. (HTSUS)
  • Valuation of your goods according to the import regulations
  • Duty Determination
  • Customs Entry Process
  • Record keeping Requirements
  • Timely Import Security Filing (ISF)

Importers’ Trade Compliance Directors, Specialists, Global Compliance, Purchasing, Logistics, Auditing, Freight, Finance, and Legal managers or representatives, Customs Brokers.

This import training class is excellent for beginners and also serves as a refresher for experienced professionals.

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

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