The method to derive aerosol size distributions from in situ stratospheric measurements from the University of Wyoming is modified to include an explicit counting efficiency function (CEF) to describe the channel‐dependent instrument counting efficiency. This is motivated by Kovilakam and Deshler's (2015, https://doi.org/10.1002/2015JD023303) discovery of an error in the calibration method applied to the optical particle counter (OPC40) developed in the late 1980s and used from 1991 to 2012. The method can be applied to other optical aerosol instruments for which counting efficiencies have been measured. The CEF employed is the integral of the Gaussian distribution representing the instrument response at any one aerosol channel, the aerosol counting efficiency. Results using the CEF are compared to previous derivations of aerosol size distributions (Deshler et al., 2003, https://doi.org/10.1029/2002JD002514) applied to the measurements before and after Kovilakam and Deshler's correction of number concentration for the OPC40 calibration error. The CEF method is found, without any tuning parameter, to reproduce or improve upon the Kovilakam and Deshler's results, thus accounting for the calibration error without any external comparisons other than the laboratory determined counting efficiency at each aerosol channel. Moments of the new aerosol size distributions compare well with aerosol extinctions measured by Stratospheric Aerosol and Gas Experiment II and Halogen Occultation Experiment in the volcanic period 1991–1996, generally within ±40%, the precision of OPC40 moments, and in the nonvolcanic period after 1996, generally within ±20%. Stratospheric Aerosol and Gas Experiment II and Halogen Occultation Experiment estimates of aerosol surface area are generally in agreement with those derived using the new CEF method.