Customs audit also termed as post clearance audit is the retrospective examination of goods, which are released after import and export under the policy of trade facilitation and customs control using tools such as risk management and standard customs procedures. The audit process is conducted through a thorough examination of company records, accounting systems, business systems, and commercial data.
Customs audit brokers or facilitators are highly trained professionals who ensure customs enforcement agencies that the company is adhering to all customs rules and regulations. While discussing the Customs Audit market, focus is basically placed on organizations that help importers and exporters with resources to clear customs compliance entries. Hence, these organizations are indispensable for international commerce.
The analysts forecast the Global Customs Audit market to grow at a CAGR of 4.70 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global Customs Audit market for the period 2014-2018. To calculate the market size, this report considers the revenue generated by the customs audit facilitators or most commonly referred to as brokers.
The report presents an in-depth analysis of the Global Customs Audit market by segmenting it by type, end-users, and geography. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Customs Audit market. To provide a ranking of the leading vendors in the market, the report considers the revenue generated by the vendors of customs audit facilitators.
The report, the Global Customs Audit Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Customs Audit market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Customs is changing the old, transactional model of implementation and the emphasis is on an all-inclusive on-site audit of importers. In addition to these audits, countries have placed additional responsibilities on importers and exporters.
According to the report, one of the key growth stimulators in the Global Customs Audit market is the imposed severe penalties for trade-related transgressions. As smuggling and security concerns are increasing, customs professionals are making regulations stringent, thus propelling the growth of the market.
Further, the report states that increasing trade volumes across regions and the use of just-in-time production technologies have increased the importance of timely and effective administration of customs requirements, leading to high work pressure on customs administration.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Geographical Segmentation
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Challenges
12. Market Trends
13. Trends and their Impact
14. Vendor Landscape
15 Key Vendor Analysis
16. Other Reports in this Series
- Affiliated Customs Brokers
- Deloitte Touche Tohmatsu
- Ernst & Young
- Maersk Supply Service
- Tiger Logistics (India)
- UPS Supply Chain Solutions
- Unit International
- V. B. Bhatia Global Logistics
- World Wide Customs Brokers
- XPO Logistics
For more information visit http://www.researchandmarkets.com/research/bxwn6v/global_customs
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SOURCE Research and Markets