Avior Holdings, the independent research and trading firm, says it has had to restate past financial results due to "accounting errors" detected by its new auditors and financial director.This was as they were in the process of preparing the firms’ full-year results to end-April, Avior announced on Thursday. The accounting errors were considered material in nature.Rather ironically, for both the interim results to end-October 2017 and the full-year results to end-April 2017, earnings per share (EPS) rose. In the case of the full-year results, earnings per share rose 26% after the restatement to 15.78c, while in the case of the interim results the movement was marginal, rising 6% to 7.8c post-restatement.There were no errors or adjustments to headline earnings per share, which remain as previously stated.For the EPS calculation, "total comprehensive income" was used as a starting point for the earnings per share calculation, instead of "profit for the year"."We identified the error w...

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