Conducting an export control audit is essential to any successful export compliance program. It is critical that all companies subject to U.S. export control laws maintain export compliance programs and routinely audit their effectiveness and efficiency. In recent settlement agreements, U.S. agencies have ordered companies to independently audit their export control compliance systems. Not only can auditing your company at regular intervals save you a visit from investigators but an audit can highlight better ways to integrate compliance standard operating procedures with other business processes within your organization.
In our experience, export compliance audits involve three phases: the preparation phase; the on-site visit; and the reporting phase. Typically, the completion of an export compliance audit then leads into remediation activities on behalf of the company to address the findings from the audit. With that in mind, here are a few tips to consider when preparing for an export compliance audit.