Voluntary revision of financial statements allows directors to seek Tribunal approval to revise prior three years' statements. Directors may apply to the Tribunal to prepare and file a revised financial statement or revised Board's report for any of the three preceding financial years when earlier documents do not comply with statutory presentation or reporting requirements; Tribunal approval and filing of its order with the Registrar are required, the Tribunal must notify and consider representations from the Central Government and tax authorities, revisions are limited to corrections of noncompliance and consequential alterations, may be made once per year, and detailed reasons must be disclosed in the Board's report.