Changes in audited financial statements

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2013 I am facing a case where the Annual Accounts of a Company has been finalized, audited and filed with the respective authorities (like ROC, IT, etc).

After a few months, certain changes in the audited accounts were suggested pertaining to total omission of certain entries being recorded in the books of acocunts.

What will be consequences of the same.

Please help.

Thanks in advance.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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07 December 2013 You again need to file the revised and correct financial statements along with the management's letter and explaination ragarding the ommision and related issues and also need to ask co to issue letters to shareholders alongwith new annual accounts in new annual report.

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