Hosts:
Renee Chiuchiarelli & Julie Parks
Published: October 28, 2025
Length: ~10 minutes
Presented by: Global Training Center
👻 Episode Summary
It’s a special Halloween edition of Simply Trade [Tips] with Hammer and Heels (Renee & Julie)! 🎙️
In this spooky seasonal episode, the hosts share “scary compliance stories” that every trade professional can learn from — tales of audits that wouldn’t die, supply chain skeletons, and hauntingly complex importer-of-record issues.
Between these frighteningly true stories and a fun “Trick-or-Treat: Fact or Fiction” lightning round, listeners will pick up valuable lessons about risk, recordkeeping, and compliance best practices — all while getting into the Halloween spirit.
🧠 Key Takeaways
Importer of Record Issues: Never assume your company should make entry — confirm the proper party has the right to do so.
Audit Nightmares: A prior disclosure can protect you from penalties, but only if it’s complete and accurate. Double-check everything before submitting.
Trick or Treat: Compliance Edition!
Can CBP review your General Ledger? ✅ Treat!
Do you need to reconcile quantity variances with Customs entries? ✅ Treat!
Is your broker solely responsible for recordkeeping? ❌ Trick! Importers must maintain their records for at least five years.
Is a parts database a strong compliance tool? ✅ Treat! It helps ensure data accuracy and consistency.
🧭 FIO (Figure It Out)
👉 This week’s action item:
Trade can be terrifying — but preparation keeps the ghosts away! Take time to review your compliance “skeletons in the closet.”
Are your prior disclosures accurate and auditable?
Is your importer of record process clear?
Do your records meet the five-year rule?
And since it’s Halloween… figure out your costume, too! 🎭
💬 Keep the Conversation Going
Join the Trade Geeks Community at Global Training Center and share:
Your own “scary compliance story.”
How you’ve handled tricky audits or importer-of-record nightmares.
And, of course, what you’re dressing up as for Halloween!
🎧 Credits
Hosts:
Producer:
📲 Subscribe & Follow
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Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals.
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📩 Want to be on the show or suggest a topic?
Email us at SimplyTrade@GlobalTrainingCenter.com or DM us on X/Twitter @SimplyTradePod