Mr. Stephen Mulvany:

The reference to a different accounting standard is to a move that happened in 2015 to 2017 between what was FRS 3 and FRS 102. The issue of fundamental errors and what exactly is a prior year adjustment was in that discussion. The key point to note is that since that change happened some years ago the making of prior year adjustments has been more common because it is not only for fundamental errors, which these errors were not. These are not fundamental errors. In the past you only did a prior year adjustment if the error was so gross as to destroy the truth and fairness of your accounts. This prior adjustment does not fall in any way into that category.