Plant CalambaContinental Temic Electronics (Phils.), Inc.

BOCPost Entry Audit

Continental Temic Electronics Phils. Inc.Plant Calamba

I:\11-Common\10-Others\Strategic Planning\2011

CUSTOMS POST ENTRY AUDIT

IMPORTERS COMPLIANCE-To declare truthfully the valuation of the goods

-Disclosure to Customs authorities :

-Relationship to supplier

-Special conditions attached to the purchase

-Submit copies of documents relating but not limited to the importation of goods

ACTIVITIES TO BE AUDITED- Ordering

- Manufacturing / Distributing

- Financial flow

COVERAGE- 3 years backwards from the date of issue of the Audit Notification Letter

Continental Temic Electronics Phils. Inc.Plant Calamba

I:\11-Common\10-Others\Strategic Planning\2011

CUSTOMS POST ENTRY AUDIT

PROFILING

Trade Information and Risk Analysis Unit

AUDIT PLANNING

Post Entry Audit GroupAudit Notification Letter

PRE - AUDIT CONFERENCE

Audited Entity

Audited Entity

Post Entry Audit Group

SITE AUDIT

EXIT CONFERENCEFinalAudit Report and Recommendation

Audited EntityPost Entry Audit Group

Audited EntityPost Entry Audit Group

Documents

Initial Findings

PREPARATORY STAGE

Adobe Acrobat Document

Adobe Acrobat Document

Finance Controlling

Logistics Brokerage

PEZA Legal

AUDIT PROPER

FINAL STAGE

Microsoft Office Excel 97-2003 Worksheet

Continental Temic Electronics Phils. Inc.Plant Calamba

I:\11-Common\10-Others\Strategic Planning\2011

CUSTOMS POST ENTRY AUDIT

TYPES OF RECORDS TO BE AUDITED- Company or Entity Structure

- Ordering and Purchase Documentation

- Shipping , Importation, Export and Transportation

- Manufacturing, Stock / Inventory and Sales

- Banking and Accounting

- Charts and codes of accounts

- Ledgers

- Financial statements

- Accounting Instruction manuals

- System and Program documentation that describes the accounting system used by the importer

MEDIUM- Papers , books , registers

- Discs, films , tapes , sound tracks

- Other devices in which information contained in the records described are recorded or stored