The key vendors in the Global Customs Audit Market 2014-2018 are Deloitte Touche Tohmatsu, Ernst and Young, KPMG and PricewaterhouseCoopers.
London, 09 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Customs Audit Market 2014-2018. One of the emerging trends in this market is the growing partnerships between customs brokers and importers. Customs is in the process of evolving new strategies to achieve the legislated mandate of reducing administration costs, streamlining revenue administration, and trying to assist exporters in the expanding global market.
A customs audit (also PCA) is the retrospective examination of goods that are released after import and export under the policy of trade facilitation and customs control. Company records, accounting systems, business systems, and commercial data are examined to complete the audit.
“Customs is now shifting from the old, transactional model of enforcement and is moving to a comprehensive model of on-site audits of importers,” says Faisal Ghaus, Vice President of TechNavio Research.
“Customs uses tools such as risk assessment, based on industry sectors, and is implementing facts from historical data to arrive at the best approach to take to verifying whether proper payments have been made or not.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
