Hosts:

It’s a special Halloween edition of Simply Trade [Tips] with Hammer and Heels (Renee & Julie)! 🎙️

In this spooky seasonal episode, the hosts share “scary compliance stories” that every trade professional can learn from — tales of audits that wouldn’t die, supply chain skeletons, and hauntingly complex importer-of-record issues.

Between these frighteningly true stories and a fun “Trick-or-Treat: Fact or Fiction” lightning round, listeners will pick up valuable lessons about risk, recordkeeping, and compliance best practices — all while getting into the Halloween spirit.

Importer of Record Issues: Never assume your company should make entry — confirm the proper party has the right to do so.

Audit Nightmares: A prior disclosure can protect you from penalties, but only if it’s complete and accurate. Double-check everything before submitting.

Trick or Treat: Compliance Edition!

Can CBP review your General Ledger? ✅ Treat!

Do you need to reconcile quantity variances with Customs entries? ✅ Treat!

Is your broker solely responsible for recordkeeping? ❌ Trick! Importers must maintain their records for at least five years.

Is a parts database a strong compliance tool? ✅ Treat! It helps ensure data accuracy and consistency.

👉 This week’s action item:

Are your prior disclosures accurate and auditable?

Is your importer of record process clear?

Do your records meet the five-year rule?

And since it’s Halloween… figure out your costume, too! 🎭

Join the Trade Geeks Community at Global Training Center and share:

Your own “scary compliance story.”

How you’ve handled tricky audits or importer-of-record nightmares.

And, of course, what you’re dressing up as for Halloween!

Hosts:

Renee Chiuchiarelli

Julie Parks

Producer:

Lalo Solorzano

🎙️ New TIPS episodes every Tuesday.

Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals.

Connect with us:

Simply Trade Podcast on LinkedIn

Global Training Center on LinkedIn

YouTube

Spotify

Apple Podcasts

Trade Geeks Community

Don’t forget to rate, review, and share with your fellow trade geeks!

📩 Want to be on the show or suggest a topic?