This training is designed to address the import record-keeping and audit compliance procedures that will include an emphasis on the importer obligation to maintain and assess internal and external records that are related to their international trade transactions. It focuses on the role of the import compliance manager, and record-keeping compliance procedures, and the approved standard import and customs forms that will fulfil specific legal requirements in the global logistics environment.
When imported products or goods have reached its destination, it must go through Customs, and each nation has its rules and procedural processes that may be unique to that business environment. Therefore, it is imperative to fully understand the record-keeping compliance that is addressed in the U.S. Customs and Border Protection (CBP) which is outlined in the Ports of Entry & U.S. Import Regulations. The import compliance audit and assessment process can be complicated and full of record-keeping requirements that might be known to the importer under the Record keeping Compliance Handbook. Many companies have relied on their intermediaries (channel distributors) to maintain and manage their record-keeping compliance information to avoid pitfalls when trying to make Customs.
As importers, we must know that the customs regulations that can be used to help in keeping them in accordance with international-Free Trade Agreements (FTS) have increased over the years between developed and developing markets. Importers must also beware of the record-keeping systems and processes that will be audited and assessed by the custom regulators for international logistics transactions. This review procedure and assessment will affect the management and administering of the record-keeping compliance in your company. The reasoning for auditing and assessing the record-keeping compliance documents include the determinations: classification and valuation of the goods for importing purposes within their dutiable status, whether the proper documentation has met the country of origin requirements, and whether the import documentation meet the foreign law requirements. If problems are found within the record-keeping compliance process, then the importer can be fined, and right can be held pending corrective actions by being detained, exported, or confiscated.
The appropriate Import Documentation, Procedures for Record-Keeping and the U.S. Customs Regulations for Filing and Recording Import Documentation
Key Topics to be addressed include:
This webinar will provide import compliance materials that examine U.S. Customs and Border Protection regulations for record-keeping that can be used in the international logistics arena.
The Target Audience:
Years of Experience: 30+ years
Areas of Expertise: Strategic Management, Marketing Analysis, and Supply Chain Management
Dr. Rossano V. Gerald is an academic professor and founder of RVG International Consulting Firm, LLC. He has over thirty years of business experience in strategic management, marketing analysis, and supply chain management. Dr. Gerald is a veteran of the United States Army. He has worked with small and medium-sized businesses to help improve their business logistic processes through verification of operational and supply chain programs.
Further, he has developed management and marketing strategies that were used to improve the efficiency and effectiveness of business operations in the global economy. He earned a Doctor of Business Administration in International Business and Advanced Professional Business Certification in Marketing from Argosy University/Sarasota; Master of Science Degree (J.S.M.) for International Tax and Finance Services in the risk compliance and management field from the Thomas Jefferson School of Law.
Dr. Gerald is a member of the Free Trade Alliance, San Antonio Transportation Association, Inc., San Antonio SCORE, TX, Supply Chain Council and Institute of Business Forecasting & Planning, and CATO Institute of Research & Analysis and Academy of Business Research.
He is a certified supply chain manager, inventory planner and property forecaster, and certified consultant for business value analysis and methodology. He is also a certified export leader, certified master management consultant, certified CCA, certified marketing analyst and registered business analyst. He has published scholarly papers for the Journal of International Business and Economics and the Strategic Management Quarterly.View all trainings by this speaker