Autonomy

Deloitte Fined Record $19M Over Audit Failures
Risk & Compliance

Deloitte Fined Record $19M Over Audit Failures

A U.K. investigation found the Big Four firm liable for “serious and serial failures” in its audits of software firm Autonomy.
By Matthew Heller | September 18, 2020
Read More
The Simple Secret Behind Why Acquisitions Fail
M&A

The Simple Secret Behind Why Acquisitions Fail

Acquisitions are a zero-sum game: both buyer and seller need to feel they are getting a good deal. Unfortunately, buyers usually pay too much.
By David McCann | March 14, 2019
Read More
Ex-Autonomy Execs Charged With Duping HP
Risk & Compliance

Ex-Autonomy Execs Charged With Duping HP

U.S. authorities allege the former CEO and the former finance VP lied about Autonomy's financial health before it was acquired by HP.
By Matthew Heller | November 30, 2018
Read More
Ex-Autonomy CFO Convicted of Massive Fraud
Risk & Compliance

Ex-Autonomy CFO Convicted of Massive Fraud

A U.S. jury finds Sushovan Hussain "misused his special skills in accounting" to inflate the U.K. software firm's revenues before it was acquired by HP.
By Matthew Heller | May 1, 2018
Read More
Hewlett-Packard to Sue ex-Autonomy CFO
Technology

Hewlett-Packard to Sue ex-Autonomy CFO

The war between Autonomy and HP escalates as HP plans on suing Autonomy's ex-CFO for trying to blocking settlements with shareholders.
By Iris Dorbian | August 5, 2014
Read More
HP Audit Finds Proof Autonomy Fudged Accounting
Management Accounting

HP Audit Finds Proof Autonomy Fudged Accounting

Computer giant files report saying it has evidence that the British software firm inflated reported revenues prior to HP deal.
By Vincent Ryan | February 3, 2014
Read More