Revision of Accounts post signing of audit report
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 November 2009
The audited accounts of a company have been adopted in their AGM. But due to an error a rectification is required. Is it possible to revise the accounts for the relevant financial year or do we ahve to make a prior period adjustment in the next financial year.
CA SANJAY MUKHERJEE
(Expert)
05 November 2009
It should be shown as prior period adjustments next year.
Ankur Garg
(Expert)
05 November 2009
Agree
For f.y. 2008-09 accounts have already been adopted in the AGM. you can not change them now.
For f.y. 2008-09 accounts have already been adopted in the AGM. you can not change them now.
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