Adjustments of previously submitted annual accounts
Last updated: 2 June 2025.
As a main rule, it is not allowed to change an annual account which has been approved and registered with the Register of Company Accounts. However, it is possible up to five months after the deadline.
Five months after the deadline, there is also an exception with a limited possibility to change the annual accounts, but this requires additional documentation.
Required documentation when submitting a new annual account later than five months after the deadline
If some kind of error was made in the first submission, you must attach an explanation as to why you submit a new version, and what was incorrect.
You can submit an adjusted version of the annual accounts unless you have not submitted annual accounts for the following financial year. If so, you must attach:
- a justification based on accounting principles as to why you have prepared a new version of the annual accounts
- a new set of minutes from the general meeting, stating that a new version of the annual accounts has been approved
- a new auditor’s report, if the company has auditing obligations
The Register of Company Accounts will consider whether the explanation is sufficient after we have received the new version of the annual accounts with its attachments.
There is a very limited possibility of adjusting old annual accounts once you have submitted annual accounts for the following financial year.
Not all adjustments will require preparing and submitting new annual accounts.
Here are some reasons which will not provide basis for the possibility to submit adjusted annual accounts:
- court settlements and court cases carried out after the annual accounts are prepared. Changes should preferably be included in the accounts for the following financial year, after the court case has been legally enforced.
- • An accountant or an auditor has found errors. You must specify what the errors are, not who has uncovered them.
- The general meeting or annual meeting has not been held. The general meeting or annual meeting must approve (adopt) the annual accounts before it is submitted to the Register of Company Accounts. The submitted annual accounts will show that the general meeting has already approved them. The Register of Company Accounts assumes that the submitted information corresponds with the actual facts.
- You have submitted temporary accounts. That is a breach of The Accounting Act, since the annual accounts are not to be submitted until they are completed.