Document and Entity Information - shares |
3 Months Ended | |
|---|---|---|
Mar. 31, 2016 |
Dec. 14, 2016 |
|
| Document And Entity Information | ||
| Entity Registrant Name | VIKING INVESTMENTS GROUP, INC. | |
| Entity Central Index Key | 0001102432 | |
| Document Type | 10-Q/A | |
| Document Period End Date | Mar. 31, 2016 | |
| Amendment Flag | true | |
| Amendment Description |
This Amendment No. 2 of Form 10-Q/A for the three months ended March 31, 2016, amends in its entirety the Quarterly Report on Form 10-Q/A that was originally filed on August 22, 2016 to reflect a restatement of the Company’s financial statements for the three months ended March 31, 2016, to correct various account balances as summarized below.
The restatements are being made in accordance with ASC 250, “Accounting Changes and Error Corrections.” The disclosure provision of ASC 250 requires a company that corrects an error to disclose that its previously issued financial statements have been restated, a description of the nature of the error, the effect of the correction on each financial statement line item and any per share amount affected for each prior period presented, and the cumulative effect on retained earnings (deficit) in the statement of financial position as of the beginning of each period presented. |
|
| Current Fiscal Year End Date | --12-31 | |
| Entity Well-known Seasoned Issuer | No | |
| Entity Voluntary Filer | No | |
| Entity's Reporting Status Current | Yes | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Common Stock, Shares Outstanding | 51,986,940 | |
| Document Fiscal Period Focus | Q1 | |
| Document Fiscal Year Focus | 2016 |