(Master Class) : LC Management and LC Audit (Fundamental to Advance)

Best practice on LC Management and LC Audit                                                                                               

               🕒 Duration:  3-4-Days (24-32 Hours)                                                                                                   

               (Can be extended to 1 days with practical case studies and exercises)                                                                                           

               Module -01: Fundamental Session                                                                                           

               Fundamental Session In brief,                                                                                                    

               1            infographic presentation from Sales contract to export proceed realization step by step.                                                                                  

               2            practical presentation of Export, Import, Bank, Audit documents.”,                                                                                          

               3            learning with LC History LC Types & Forms,                                                                                        

               4            Learning with LC related abbreviation and terminology 180nos                                                                             

               5            learn others important issues                                                                                      

               Module -02: Foundation Session                                                                                               

               Foundation Session In brief,                                                                                         

               1            Learning with LC merits and demerits                                                                                    

               2            LC related Q Bank – (117 Q&A)                                                                                     

               3            UCPDC 600 guidelines on important LC related banking clauses                                                                    

               4            LC related Export and import charges                                                                                     

               5            LC related important Q Bank – (112 Q&A)                                                                              

               6            Inco-term selection process under RMG                                                                              

               7            Usance to UPAS LC process                                                                           

               8            Offshore banking process                                                                               

               9            BOE Acceptance & Doc’s Negotiating Process                                                                                  

               10          Repatriation process of LC                                                                             

               11          Learn others important issues                                                                                     

               Interactive Questions session on Foundation Level                                                                                                     

               Module-03: Theoretical Session                                                                                                

               Theoretical Session In brief,                                                                                                         

               1            Learning with Importance and Methods of LC Pre-audit and post-audit                                                                             

               2            Audit plan indicator and LC audit planning process                                                                                      

               3            Infographic presentation on Financial Risk analysis on LC Transaction                                                                               

               4            Practical presentation on export and import lead-time analysis.                                                                           

               5            Important Q Bank (60nos Q&A) relating practical LC audit                                                                                       

               6            In-depth theoretical knowledge on European buyers merchandising raw materials and garments wash                                                                                         

               7            Guideline best practices on LC pre- and post-audit starting stages                                                                                        

               8            Audit documentation & work flow of Pre-audit and post-audit                                                                               

               9            LC related Pre-audit and post-audit format review                                                                                        

               Interactive Questions session on Theoretical Level                                                                                                     

               Module-04: Practical Session                                                                                                     

               Practical Session In brief,                                                                                               

               1            Practical learning on Master LC from sales contract                                                                                     

               2            on Master LC and BTB LC of various Banks                                                                          

               3            on LC Terms and Conditions with Proforma Invoice                                                                                      

               4            on TT Documents                                                                                  

               5            on Amendment Documents                                                                           

               6            on Bank advices documents                                                                                         

               7            “Hands-on Training on LC Related pre-auditing systems practiced by leading companies’                                                                                     

               8            “Hands-on training on leading companies’ LC related post-audit systems.”                                                                                  

               9            Hands on training Pre-audit and Post-audit Reporting system                                                                                

               Interactive Questions session on Practical Level                                                                                            

               Module-05: Case-study session                                                                                                

               Case-study Session In brief,                                                                                                        

               Practical learning on LC related fraud areas with recovery guidelines.”                                                                                          

               1            Case-Study-01 (Nassa Group)                                                                                     

               2            Case-Study-02 (Palmal Group)                                                                                    

               3            Case-Study-03 Shezad Group)                                                                                    

               4            Case-Study-04 (Sinha Medlar Group)                                                                                     

               5            Case-Study-05 (Evince Group)                                                                                    

               6            Case-Study-06 (Sterling Group).                                                                                 

               Interactive Questions session on Case Study and overall session