Balance sheet

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2013 Sir/Ma'am,

In the balance sheet of listed company, where results are already published previous year sales figure had been wrongly linked resulting in different figures appearing at face of balance sheet and notes to accounts.

Kindly advise.

Ajay Mishra

Ajay Mishra (Expert)
Follow

22 October 2013 Hi

In case of listed company or any type of company after approval of the Board, you can revised the result unless it is clerical mistake.

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2013 figures are all correct, even total is matching just the sales and excise figures in notes donot match individually with Profit & Loss a/c. what should we do in such case?

Ajay Mishra

Ajay Mishra (Expert)
Follow

22 October 2013 You can file revised result to ROC or Stock Exchanges. So you can make change it in eternally with the suggestion of statutory auditor of the company.

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2013 kindly provide any reference with regard to filing of revise financial statements . error is in the figures of f.y.2011-12 and not f.y.2012-13

Ajay Mishra

Ajay Mishra (Expert)
Follow

22 October 2013 Sorry my mistake you can not file revise result with ROC.

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2013 financials have not yet been filed with ROC but are already published and AGM had also been held. kindly suggest in this situation and please provide reference also.

Ajay Mishra

Ajay Mishra (Expert)
Follow

22 October 2013 If you have not filed with ROC then you can filed a correct result on the basis of clerical mistake which have shown in the published result.

Otherwise you filed with wrong details with ROC.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now