Deloitte and former Autonomy finance chiefs face action

Deloitte and former Autonomy finance chiefs face action
 

Former finance chiefs of Autonomy and Deloitte are facing disciplinary action from the accountancy watchdog seven years after it was sold for $11bn (£7.4bn).
The UK software firm was bought by Hewlett Packard in 2011.
But within a year HP accused Autonomy of dishonestly inflating its value.
The Financial Reporting Council alleges former Autonomy finance chiefs Sushovan Hussain and Stephen Chamberlain acted dishonestly or recklessly.
The allegations include the period when the two men were preparing the company's accounts for 2009 and 2010 - just before HP bought the company.
In 2012 HP... read more

 
31 May 2018 in Business, Views: 51
Source: BBC
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