Preparing for Trade Compliance Audits Post-COVID

Throughout the COVID-19 pandemic, government audits on trade compliance departments have changed significantly in many jurisdictions, in some cases even coming to a halt. But as a sense of normalcy returns to global trade, that reprieve is coming to an end, and companies should expect and prepare for an increase in the quantity and type of trade compliance audits worldwide.

Join Virginia Thompson, Senior Product Manager for ONESOURCE Global Trade, to learn more about the state of trade compliance audits in 2021. Changes in your supply chain, new suppliers, new trade lanes, and remote working as a result of COVID-19 may all have an impact on your overall audit exposure and readiness. Make sure you have an audit game plan for each country you’re operating in and every customs agency you’re regulated by.

Key takeaways:

• High-risk or high-priority audit factors to be aware of
• Tips on recordkeeping and internal training protocols
• Best practices for managing and responding to government audits