This audit program can be used to conduct a thorough review of product pricing and to help assure that controls over pricing and discounts are effective.

Pricing pressures associated with channel relationships can impact compliance with statutes designed to stem pricing abuses. Management and personnel should understand all processes for price changes, including authorization, communication of updates, and uses of only authorized prices and related customer discounts. All exceptions should be authorized by the appropriate level of management and reported on a timely basis, which is explained in detail in this document.