Course Summary
Credit Type:
Organization's ID:
3 weeks (104 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 accounting ethics
Upper-Division Baccalaureate 3 auditing
Upper-Division Baccalaureate 3 advanced accounting


The course objective is to identify relevant work-related information within the following areas of consideration: Regulatory Audit policies and procedures, Standards of conduct, regulations, Government Accountability Office's Generally Accepted Government Auditing Standards (GAGAS), Valuation, Transaction Value, Price Actually Paid or Payable, Commissions, Royalties, Audit documentation review and referencing, and Automated audit documentation. Key elements of this course introduce CBP-specific business practices including international transactions, the import process, tariff classifications, record keeping, general law, and integrity awareness. Information familiarization and acquisition are the primary focuses of this course; however, practical application skills are developed through enhanced interviewing skills and technical report writing training with real-world scenarios related to risk assessments, planning and summarizing audits, and Focused Assessments.

Learning Outcomes:

  • apply audit procedures, detect material misstatements, and evaluate auditing findings
  • apply regulatory standards and federal laws
  • design, plan, and apply audit procedures and evaluate auditing findings to detect irregularities, assess impact, and prepare findings and recommendations
  • identify internal control deficiencies, significant audit risks, and inherent and control risks
  • employ professional judgment in assessing evidence and documentation related to internal controls
  • apply concepts of independence, professional judgment, skepticism, competence, and quality control and assurance in designing, planning and applying audit procedures and evaluating audit findings
  • apply concepts of focused assessment and pre-assessment survey (FAPAS)
  • developing an audit plan based on audit risk, inherent risk, and control risk; determine level of reliance, if any, on Basic Import Specialist (BIST) and other support individuals as well as on self-assessment documentation
  • review and assure accuracy of foreign current import valuation calculations
  • analyze documents to develop an audit plan to address the risk of fraud, misstatements, irregularities, and failure to comply with Federal laws and regulations
  • apply professional judgment in assessing evidence and documentation related to internal controls
  • review and assure accuracy of foreign currency import valuation; plan, manage, and execute a federal audit in accordance with Generically Accepted Government Auditing Standards (GAGAS) and federal regulations
  • communicate auditing findings and recommendations

General Topics:

  • Integrity reinforcement
  • International transactions
  • The import process
  • Recordkeeping
  • Introduction to Harmonized Tariff Schedules of the United States (HTSUS)
  • Professionalism and ethics
  • Basic principles of transaction value with emphasis on price actually paid or payable (PAPP)
  • Royalty and license fees and proceeds
  • Related parties
  • Sale for export
  • Alternate bases of appraisement
  • Auditing standards, types of audits, services, and audit planning
  • Risk assessment and planning procedures
  • Time- phased audit program (TPAP)
  • Professional services, regulatory audits, and performance audits
  • Audit findings, results, and reporting
  • Finalizing the audit
  • Focused assessment program and pre assessment survey (FAPAS)
  • Further audit procedures, test of controls, and substantive testing in evaluating design, and implementation of internal control
  • User fee audits and importer self-assessment
  • Design and implementation effectiveness
  • Inherent, control and detection risks and the risk of non-compliance
  • Pre-assessment survey (PAS) and assessment compliance testing
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Computer Based Training
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

Supplemental Materials