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"Ernst & Young, the auditor hired by HP, had not signed off Autonomy's restated accounts." Which basically makes this a non-story. If the independent auditor y
by ig1 13y ago
"Ernst & Young, the auditor hired by HP, had not signed off Autonomy's restated accounts."
Which basically makes this a non-story. If the independent auditor you hired isn't willing to stand behind your view you probably shouldn't announce it.
- VBprogrammer 13y agoI'm not sure I fully understand your comment. My understanding of this is that even after the revised accounts the auditor was still unwilling to put his name on the line. The implication in my eyes is that the books are still in pretty bad shape and could be worse. Is there some reading of this that I'm not getting?
- andyjohnson0 13y agoThats the way I read it too.