diff --git a/erpnext/setup/doctype/company/company.py b/erpnext/setup/doctype/company/company.py
index 53759839c79..52de3542c61 100644
--- a/erpnext/setup/doctype/company/company.py
+++ b/erpnext/setup/doctype/company/company.py
@@ -603,7 +603,7 @@ class Company(NestedSet):
 			self.reporting_currency = parent_reporting_currency
 
 	def validate_pending_reposts(self, old_doc):
-		if old_doc.accounts_frozen_till_date != self.accounts_frozen_till_date:
+		if old_doc and old_doc.accounts_frozen_till_date != self.accounts_frozen_till_date:
 			if self.accounts_frozen_till_date:
 				check_pending_reposting(self.accounts_frozen_till_date)