1. Karl Fung
From:
Sent:
To:
Gc:
Subject:
Nirmala MacKenzie Inirmalamackenzie@cookcanada.com]
Wednesday, September 12,2007 11:26 PM
Bill Bobbie; Franz, Chuck; David Breedlove; George Haron; Greg Leblanc
Karl Fung; Steve Sutter; Linda Hamlin; James Hartung
Canada Customs Audit
HiAil,
After considerable and careful preparation, we have just completed a very successful customs audit with the Canada Border
Services Agency (CBSA). Mucho kudos to Karl Fung and Steve Sutter for their diligence and hard work in ensuring Cook
Canada's compliance with Canadian import regulations covering product and product samples.
The CBSA audit reviewed documentation for tariff codes, valuation of imports, country of origin amongst other criteria and we
came through with stellar results. The bottom Iine is no monies are owed as a result of the audit and minimal corrective
documentation. The auditors were impressed by their findings, for example, in reconciling our purchases with the documentation
filed with CBSA, they identified a tiny $81 discrepancy for reported sums of $38MM, for a miniscule error of only 0.0002%. The
norm is 5o/o or close to $2MM !!
A big thank-you to Karl Fung, who recognized the importance of accurate reporting on border transactions and took the steps
necessary to ensure Cook Canada's compliance with import and export regulations. Several years ago CBSA introduced AMPS,
a financial penalty regime encouraging CBSA regulation compliance. Karl researched CBSA regulations, interacted with and
obtained rulings from CBSA and worked closely with our customs brokers and freight companies to develop the current reliable
and accurate Cook Canada system.
Linda Hamlin and James Hartung were indispensable with their contributions to a smooth audit with support documentation and
research. Thank you!!
Congrats Steve and Karl!!
gttirmafa ful.acKenzie
Corporate Controller
Cook ( Canada) Inc.
Tel: (905) 642-7706
Fax: (905) 642-3119
Toll Free: 1-800-668-0300 ext 3190
CONFIDENTIALITY MESSAGE: This message may contain legally privileged or confidential information. If you
are not the intended recipient of this message, please notify the sender of the delivery error by replying to this message
or by telephone at (800) 668-0300, and then delete it from your system. Thank You.
![Karl Fung
From:
Sent:
To:
Gc:
Subject:
Nirmala MacKenzie Inirmalamackenzie@cookcanada.com]
Wednesday, September 12,2007 11:26 PM
Bill Bobbie; Franz, Chuck; David Breedlove; George Haron; Greg Leblanc
Karl Fung; Steve Sutter; Linda Hamlin; James Hartung
Canada Customs Audit
HiAil,
After considerable and careful preparation, we have just completed a very successful customs audit with the Canada Border
Services Agency (CBSA). Mucho kudos to Karl Fung and Steve Sutter for their diligence and hard work in ensuring Cook
Canada's compliance with Canadian import regulations covering product and product samples.
The CBSA audit reviewed documentation for tariff codes, valuation of imports, country of origin amongst other criteria and we
came through with stellar results. The bottom Iine is no monies are owed as a result of the audit and minimal corrective
documentation. The auditors were impressed by their findings, for example, in reconciling our purchases with the documentation
filed with CBSA, they identified a tiny $81 discrepancy for reported sums of $38MM, for a miniscule error of only 0.0002%. The
norm is 5o/o or close to $2MM !!
A big thank-you to Karl Fung, who recognized the importance of accurate reporting on border transactions and took the steps
necessary to ensure Cook Canada's compliance with import and export regulations. Several years ago CBSA introduced AMPS,
a financial penalty regime encouraging CBSA regulation compliance. Karl researched CBSA regulations, interacted with and
obtained rulings from CBSA and worked closely with our customs brokers and freight companies to develop the current reliable
and accurate Cook Canada system.
Linda Hamlin and James Hartung were indispensable with their contributions to a smooth audit with support documentation and
research. Thank you!!
Congrats Steve and Karl!!
gttirmafa ful.acKenzie
Corporate Controller
Cook ( Canada) Inc.
Tel: (905) 642-7706
Fax: (905) 642-3119
Toll Free: 1-800-668-0300 ext 3190
CONFIDENTIALITY MESSAGE: This message may contain legally privileged or confidential information. If you
are not the intended recipient of this message, please notify the sender of the delivery error by replying to this message
or by telephone at (800) 668-0300, and then delete it from your system. Thank You.](https://image.slidesharecdn.com/257335f5-e61a-4622-989e-712837c34b55-160913155732/85/cook-customs-audit-1-320.jpg)
