Plant Calamba Continental Temic Electronics ( Phils .), Inc.

1. BOC Post Entry Audit Plant CalambaContinental Temic Electronics (Phils.), Inc.

2. CUSTOMS POST ENTRY AUDIT • IMPORTERS COMPLIANCE • To declare truthfully the valuation of the goods • Disclosure to Customs authorities : • Relationship to supplier • Special conditions attached to the purchase • Submit copies of documents relating but not limited to the importation of goods • ACTIVITIES TO BE AUDITED • Ordering • Manufacturing / Distributing • Financial flow • COVERAGE • 3 years backwards from the date of issue of the Audit Notification Letter

3. CUSTOMS POST ENTRY AUDIT • PROFILING AUDIT PLANNING Audit Notification Letter Trade Information and Risk Analysis Unit Post Entry Audit Group PRE - AUDIT CONFERENCE Finance Controlling Logistics Brokerage PEZA Legal Audited Entity Post Entry Audit Group PREPARATORY STAGE SITE AUDIT Audited Entity Audited Entity Documents Post Entry Audit Group AUDIT PROPER Final Audit Report and Recommendation EXIT CONFERENCE Initial Findings Audited Entity Post Entry Audit Group FINAL STAGE

4. CUSTOMS POST ENTRY AUDIT • TYPES OF RECORDS TO BE AUDITED • Company or Entity Structure • Ordering and Purchase Documentation • Shipping , Importation, Export and Transportation • Manufacturing, Stock / Inventory and Sales • Banking and Accounting • Charts and codes of accounts • Ledgers • Financial statements • Accounting Instruction manuals • System and Program documentation that describes the accounting system used by the importer • MEDIUM • Papers , books , registers • Discs, films , tapes , sound tracks • Other devices in which information contained in the records described are recorded or stored