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.
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.
CFOs on the Move: Week Ending Aug. 31
Hewlett-Packard, Snowflake Computing, Kennametal, Black & Veach, Providence Service, Fresh Market, CIRCOR, InvenTrust, Synchronoss Tech., W&T Offshor
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.
Why HP’s Strategy Fell Apart
Back in 2008, Hewlett-Packard had a decent strategy. But the seeds of its break-up were already sown.