CCM8690 - Closing the Examination: Accounting Procedures - Alteration of Charge

Where exceptionally it is necessary to alter an amount reported to Accounting and Payments Service on a form 394NTC, the following action should be taken:

Charge increases:

• Prepare a further 394NTC, using a new investigation settlement charge reference number, but show only the amount of the increase in the “Amount payable” box
• Enter the original settlement charge number in the box provided on the 394NTC.

The above procedure should not be used in response to the discovery that the settlement which was concluded was based on incomplete disclosure. In these cases the first and any subsequent settlements should be accounted for separately.

Charge reduces:

• Prepare a 394NTC but do not allocate a new settlement charge number
• Enter the original settlement charge reference number and the revised amount payable in the “Reference number” and “Amount payable” boxes.
• Enter the original settlement charge number on the 394NTC in the space provided above the line for the signature of the authorising officer