U.S. SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

                           Form 10-KSB/A


[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934
         For the fiscal year ended  April 30, 2004
                                    ______________

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934
         For the transition period from ______ to _______

Commission File Number: 0-5378
                        ______

                  George Risk Industries, Inc.
                  ____________________________

        (Name of small business issuer in its charter)
            Colorado                        84-0524756
            ________                        __________
 (State or other jurisdiction of     (I.R.S. Employer Identification
   incorporation or organization)               No.)

         802 South Elm
          Kimball, NE                         69145
          ___________                         _____
(Address of principal executive             (Zip Code)
            offices)

Issuer's telephone number (308) 235-4645
                           _____________

Securities registered pursuant to Section 12(b) of the Act:

   Title of Each Class      Name of Exchange on Which Registered

          None                         None
          ____                         ____

Securities registered under Section 12(g) of the Act:
              Class A Common Stock, $.10 par value
              ____________________________________
                        (Title of class)

  Check  whether  the  issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of  the Securities Exchange Act during the preceding 12
months(or for such shorter period that the registrant  was required to file
such reports) and (2) has been subject to  such filing requirements for the
past 90 days.

Yes [X]    No [ ]

  Check if disclosure of  delinquent  filers  in  response  to  Item 405 of
Regulation S-B is  not contained in this  form, and  no disclosure will  be
contained, to the best of the Registrant's  knowledge, in definitive  proxy
or information statements incorporated   by reference  in  Part III of this
Form 10-KSB or any  amendment  to this Form 10-KSB. [X]

  State issuer's  revenues  for  the  most recent fiscal year. $ 2,411,000.
                                                                __________

  The  aggregate  market  value of  the  voting stock held by non-affiliates
of the Registrant as of July 28, 2004 was approximately $14,524,000 based upon
the  last  reported  sale,  which occurred on July 27, 2004. For purposes  of
this disclosure, Common Stock held by officers and directors of the Registrant
have been excluded  in  that  such  persons may be deemed to be "affiliates"
as that term is defined under the  rules and  regulations  promulgated under
the Securities Act of 1933. This determination is not necessarily conclusive.

The  number of shares of the Registrant's Common Stock outstanding as of
July 29, 2004 was 5,402,528.


                   DOCUMENTS INCORPORATED BY REFERENCE
  None.

Transitional Small Business Disclosure Format (Check one)
  Yes X;  No ___






             GEORGE RISK INDUSTRIES, INC.
MANAGEMENT REPRESENTATION TO THE BOARD OF DIRECTORS




We, the undersigned, acknowledge to the Board of Directors
that we have:


1. Responsibility for developing and maintaining internal
   controls and disclosure controls that provide reasonable
   assurance that George Risk Industries, Inc. (GRI)'s
   financial statements and supplemental SEC disclosures
   present fairly the results of operation and the
   financial position of George Risk Industries, Inc. in
   accordance with generally accepted accounting principles
   and other applicable SEC regulation.

2. Responsibility for overseeing that the organization has
   cost effective risk and control management systems that
   provide reasonable assurance  GRI's external disclosure
   objectives will be achieved.

3. Reviewed the significant control and risk issues
   identified by work units and management through the
   company's risk and control self-assessment process, and
   the significant issues identified by management and our
   External Auditor, Mason Russell West, LLC, that have
   been brought to our attention. We have initiated steps
   to adjust controls in areas where the error rates and/or
   residual risks identified related to the non-achievement
   of GRI's disclosure objectives were considered to be
   excessive and/or unacceptable.

4. Reviewed our process to manage risk and control and this
   year's report on our risk management process prepared
   for the Board of Directors. We are satisfied that our
   risk and control assessment framework process provides
   you, our Board of Directors, and our External Auditors,
   Mason Russell West, LLC, with a reliable and materially
   complete report on the status of risk and controls
   related to our external disclosure objectives as
   required by sections 302 and 404 of the Sarbanes-Oxley
   Act of 2002.



                                /s/ Ken R. Risk
                    _____________________________________
                                   Ken R. Risk
                                  President and
                                Chairman of the Board





                              /s/ Stephanie Risk
                    _____________________________________
                                 Stephanie Risk
                             Chief Financial Officer
                                and Controller