Abstract: A method and apparatus is disclosed for calibrating an ultrasonic inspection system having a plurality of transducers (12a, 12b, 12c) coupled by a common amplifier (16) to a distance-amplitude correction (D-AC) circuit comprised of a multiplying digital-to-analog converter (26') which receives, as a function of the transit time of an ultrasonic signal measured by a clock counter (34), a D-AC correction stored in a look-up table in a random access memory (24'). The D-AC correction function stored in the look-up table for each transducer is the inverse of a return signal response curve determined by measuring the peak amplitude of return signals from calibration holes at known depths in a test block (10) while in a calibrate mode, i.e., with a switch (SW) in a state to bypass the MDAC.