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Why errata?

So one thing I dont get… all the third party providers and also with CFAI online content/mocks/topic tests…

Why do they all post an errata rather than updating their content directly? I assume they all use some type of content management system.. why not just update that typo or miscalculation ?

I understand the ebooks can’t easily be updated because some students have it downloaded already.. but the online content should be updatable?

"Using Wiley for my CFA journey was by far the best option… I was able to pass on my first attempt.”– Moe E., Canada

I guess there would be copyright issues that prevent them from altering the content directly.

What if someone has already passed a material and they change it inconspicuously after? Don’t these people have a right to know about these mistakes? 

There are hard copies as well; those they cannot change.

Simplify the complicated side; don't complify the simplicated side.

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It is quite frustrating but something you learn to check after L1. I wish they would email candidates when they update it. I usually check and try to remember the errata and which books have the most. They can update it after this time as well.

Sometimes you question knowing it must be a mistake and then it’s not..in L1 and L2 I found more mistakes outside the errata…sometimes you question and get the mistake which makes me feel a little more confident in my understanding.

personally, they should aim to have zero errata and potentially an area they can improve..six sigma errata lol