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20192020 GUIDANCE FOR
REPORT OF INDEPENDENT AUDITORS
ON APPLICATION OF AGREEDUPON PROCEDURESOUTBOUND PROGRAMS
(Revised July 2019)
The table below provides the text from the audit template, the relevant
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What is outbound programs?
Outbound programs refer to initiatives or frameworks designed to manage and report outbound transfers of goods, services, or data across international borders, ensuring compliance with relevant regulations.
Who is required to file outbound programs?
Entities engaged in cross-border transactions, such as exporters, businesses transferring data internationally, and individuals involved in outbound trade activities, are typically required to file outbound programs.
How to fill out outbound programs?
Filling out outbound programs generally involves providing necessary information such as details of the transaction, parties involved, commodities, and compliance documentation. Specific forms and procedures depend on the regulatory authority.
What is the purpose of outbound programs?
The purpose of outbound programs is to ensure proper documentation and regulation of international transactions, facilitate trade compliance, and uphold national and international laws regarding exports.
What information must be reported on outbound programs?
Information that must be reported typically includes exporter's details, recipient information, description of goods or services, values, quantities, and relevant compliance documentation.
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