Opentuition notes Chapter 9 Example 3

Hi,

I hope you are doing good.

I have a question related to IAS 8 prior year error-opentuition lecture.

The total sales figure for the current year will be overstated due to the error. And I do understand that the expenses will do the job by netting it off. Please correct me if I am wrong.

But when we publish the financial statements, the total sales figure will still be presented as it is to the users, that is, including the error.
So to overcome this, do we make the disclosure to the notes to acknowledge this matter instead of actually correcting the sales figure? Otherwise the users of the accounts would probably think that we have actually achieved that amount of sales that year.

Thank you so much for all the efforts of the opentuition team to guide and help us. We really appreciate the help we received from opentuition thereby helping us score good in our exams.