Export and Import (EXIM) Compliance: Risk and Control Matrix (Excel)
25 controls (19 key) for 10 objectives and 15 risks, each with walkthrough questions, evidence to ask for and test steps.
Risk Control Matrix · editable Excel · 3 sheets · ₹149 / $1.49 · lifetime access, up to 5 downloads
This matrix covers export and import operations and their compliance: Foreign Trade Policy requirements and DGFT registrations, customs classification, valuation and documentation, export incentives (duty drawback, RoDTEP and similar schemes), duty-exemption authorisations (Advance Authorisation, EPCG) and their export obligations, GST on exports and imports, realisation of export proceeds and settlement of import payments under FEMA, customs brokers and freight forwarders, and accounting for incentives. For every control you see what good looks like, whether it is preventive or detective, manual or automated, how often it runs and whether it is a key control, plus the walkthrough questions, evidence to request and steps to test it. Record what you find, the control owner and any gap in the same sheet: the Summary sheet counts effective, partly effective and ineffective controls by objective as you go. Written so that an auditor new to the process can use it, and detailed enough for experienced reviewers. Editable Excel.
What's inside
- Read Me: how the matrix is laid out and how to use it in an audit
- Risk-Control Matrix: 10 objectives, 15 risks and 25 controls (19 key)
- Each control: type, nature, frequency, key or supporting, and how to evaluate it
- Columns for your response, evidence seen, control owner and gap / action
- Summary sheet: results by objective, updated automatically
Topics: Compliance · Tax
Learn it on video
- How to Use Reconciliations and Benchmarking: Worked Examples (7 min)
- How to Link Risks to Controls: The Risk and Control Matrix (RCM) (12 min)
- How to Describe Controls in the RCM: Method, Type, Frequency and Test Procedure (8 min)
- How to Test Controls (2): Test of Operating Effectiveness (7 min)
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