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, 2003
                                    ______________

[ ] 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. $12,895,000.
                                                                __________

  The  aggregate  market  value of  the  voting stock held by non-affiliates
of the Registrant as of July 28, 2003 was approximately $7,261,000 based upon
the  last  reported  sale,  which occurred on July 28, 2003. 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 28, 2003 was 5,402,528.


                   DOCUMENTS INCORPORATED BY REFERENCE
  None.

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










CERTIFICATION OF KEN R. RISK, PRESIDENT AND CHAIRMAN OF THE BOARD, PURSUANT
TO RULE 13a-14 OF THE SECURITIES EXCHANGE ACT OF 1934

I, Ken R. Risk, certify that:

   1. I have reviewed this annual report on Form 10KSB of George Risk
      Industries, Inc.;

   2. Based on my knowledge, this annual report does not contain any untrue
      statement of a material fact or omit to state a material fact necessary
      to make the statements made, in light of the circumstances under which
      such statements were made, not misleading with respect to the period
      covered by this annual report.

   3. Based on my knowledge, the financial statements, and other financial
      information included in this annual report, fairly present in all
      material respects the financial condition, results of operations and
      cash flows of the registrant as of, and for the periods presented in
      this annual report;


   4. The registrant's other certifying officers and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
      have:

       a) designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within
          those entities, particularly during the period in which this annual
          report is being prepared;

       b) evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date
          of this annual report (the "Evaluation Date"); and

       c) presented in this annual report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

    5. The registrant's other certifying officers and I have disclosed, based
       on our most recent evaluation, to the registrant's auditors and the
       registrant's board of directors:

       a) all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses
          in internal controls; and

       b) any fraud, whether or not material, that involves management or
          other employees who have a significant role in the registrant's
          internal controls; and

    6.  The registrant's other certifying officers and I have indicated in
        this annual report whether there were significant changes in internal
        controls or in other factors that could significantly affect internal
        controls subsequent to the date of our most recent evaluation,
        including any corrective actions with regard to significant
        deficiencies and material weaknesses.



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



July 22, 2003








CERTIFICATION OF STEPHANIE RISK, CHIEF FINANCIAL OFFICER, PURSUANT TO RULE
13a-14 OF THE SECURITIES EXCHANGE ACT OF 1934

I, Stephanie Risk, certify that:

   1. I have reviewed this annual report on Form 10KSB of George Risk
      Industries, Inc.;

   2. Based on my knowledge, this annual report does not contain any untrue
      statement of a material fact or omit to state a material fact necessary
      to make the statements made, in light of the circumstances under which
      such statements were made, not misleading with respect to the period
      covered by this annual report.

   3. Based on my knowledge, the financial statements, and other financial
      information included in this annual report, fairly present in all
      material respects the financial condition, results of operations and
      cash flows of the registrant as of, and for the periods presented in
      this annual report;


   4. The registrant's other certifying officers and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
      have:

       a) designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within
          those entities, particularly during the period in which this annual
          report is being prepared;

       b) evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date
          of this annual report (the "Evaluation Date"); and

       c) presented in this annual report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

    5. The registrant's other certifying officers and I have disclosed, based
       on our most recent evaluation, to the registrant's auditors and the
       registrant's board of directors:

       a) all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses
          in internal controls; and

       b) any fraud, whether or not material, that involves management or
          other employees who have a significant role in the registrant's
          internal controls; and

    6.  The registrant's other certifying officers and I have indicated in
        this annual report whether there were significant changes in internal
        controls or in other factors that could significantly affect internal
        controls subsequent to the date of our most recent evaluation,
        including any corrective actions with regard to significant
        deficiencies and material weaknesses.



                                                  /s/ Stephanie Risk
                                           ________________________________
                                                    Stephanie Risk
                                               Chief Financial Officer




July 22, 2003