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Accounting and Corporate Regulatory Authority

Filing a notification of revised financial statements

Learn how to revise defective financial statements and any necessary consequential revisions through a notice of error (NOE).

File notice of error
Last updated 29 January 2026

On this page

When you need to re-file
What you need to re-file
Before you re-file
How to re-file
After you re-file

When you need to re-file

For any financial year, you need to re-file revised financial statements that did not comply with:

Section 202A [PDF, 106 KB] allows directors to revise defective financial statements without obtaining a court order, which can be time-consuming and costly.

You need to file and send your revised financial statements within 30 days of the date of revision. The date of revision is when your directors approved the revised financial statements. This date appears in the new directors' statement. If you file late, you will need to pay a late lodgement penalty.

What you need to re-file

You need to re-file revised financial statements that meet all requirements under the Companies (Revision of Defective Financial Statements or Consolidated Financial Statements or Balance-sheet) Regulations 2018 under section 202A of the Companies Act.

Section 202A does not apply if: 

  • Your company is a dormant relevant company.

  • You are correcting an error in your XBRL financial statements or annual return form.

Relief from filing requirements

If ACRA previously granted relief for your original financial statements, this relief does not automatically apply to your revised financial statements and new directors' statement.

You need to apply for relief for the revised statements again.

Presenting revised financial statements

You must present the revised financial statements at the next general meeting held after you revise them.

Before you re-file

Who may file

Company officers (such as the director or company secretary) can file an NOE.

You may also engage a corporate service provider (CSP) to file on your behalf.

What you need to do

Re-filing defective financial statements

Required steps

Details

Prepare the revised financial statements

Your revised financial statements need to comply with all the requirements set out in the "Companies (Revision of Defective Financial Statements or Consolidated Financial Statements of Balance -sheet) Regulation 2018", which include:

  • A new directors' statement that replaces the original statement

  • Disclosure on the aspects in which the original financial statements did not comply with the Companies Act

  • Disclosure of material revisions made

  • Disclosure that the revised financial statements did not deal with events after the date of the original financial statements

  • Disclosure that the revised financial statements replace the original financial statements

  • An amended auditor's report (if applicable)

More details: Guidance for companies on the revision of defective financial statements

Send the revised financial statements to relevant parties

You need to send your revised financial statements (together with the new directors’ statement and the amended auditors’ report) within 30 days from the date of revision to:

  • All persons who received the original statements

  • All persons entitled to receive the notice of general meeting (as of the date of revision)

Prepare the following:

  • Unique entity number (UEN)

  • Transaction number where the error occurred

  • Supporting documents, if any


Fees and processing time

What you need to know

What you need to know

Details

Fees

$200

Processing time

30 working days

How to re-file

  1. Open the General lodgement eService and log in.

  2. Under "Type of lodgement", select File notice of error.

  3. Select Notification of Revised Financial Statements and complete the form with your prepared information.

  4. Upload your revised financial statements and supporting documents.

  5. Submit the form.

After you re-file

ACRA will email your NOE outcome within 30 working days.

What to expect

If your outcome is

Here is what to expect

Approved

ACRA will tag the NOE transaction and revised financial statements to the original annual return (with the original financial statements).

You can view all records in Bizfile.

Rejected

ACRA will email you the reasons for rejection and explain the next steps you can take.