The long and sordid saga of the Hewlett-Packard (HP) acquisition of U.K. company Autonomy continues to percolate in new ways. Last month, U.K. regulator the Financial Reporting Council (FRC) announced it was filing formal complaints against the auditing work done by Deloitte and two former finance executives from Autonomy, Richard Knights and Nigel Mercer, over their failure to adequately challenge multiple issues with the firm’s accounts, specifically on the sale of hardware and its treatment under reseller contracts.
