Postdating

Postdating is the practice of placing a date on a document that is later than the actual date on which it was created or signed. It is distinct from backdating, which uses an earlier date. Postdating occurs in several domains, including banking, accounting, and contract law, and its acceptability depends on context, intent, and jurisdiction.

In banking, a postdated check bears a future date. The intended effect is to delay payment until that date. Banks and laws about postdated checks vary by jurisdiction and policy; some institutions will honor or process the check only on or after the stated date, while others may treat it as a regular negotiable instrument if presented earlier.

In accounting and financial reporting, postdating can be used to shift revenues, expenses, or liabilities into a different reporting period. When done to mislead investors or manipulate earnings, postdating is generally considered improper or fraudulent, potentially triggering restatements, penalties, and regulatory or legal action. Proper internal controls aim to prevent intentional misdating that would distort financial statements.

In contract law, the date on an agreement can determine when obligations commence or when performance is due. Parties may agree to a postdated effect to reflect an intended start date, but unilateral postdating or dates that conflict with actual signing can lead to disputes or allegations of fraud unless fully disclosed and legally supported.

Regulatory and governance frameworks emphasize accurate dating and transparent reporting. Notable discussions have surrounded practices such as stock option timing, where dating-related issues prompted reforms and enforcement actions.