Hewlett-Packard Company (HPQ) Reveals Accounting Errors At Autonomy Unit – ValueWalk Premium
Hewlett Packard

Hewlett-Packard Company (HPQ) Reveals Accounting Errors At Autonomy Unit

Hewlett-Packard Company (NYSE:HPQ) has disclosed in its filing with UK’s Companies House that an audit of the 2010 financial results of Autonomy’s eight divisions revealed revenues were actually just 54% of its initially stated figure.

However, former senior management of Autonomy denied Hewlett-Packard Company (NYSE:HPQ)'s charges.
HP’s $8.8 billion write down on Autonomy
Hewlett-Packard Company (NYSE:HPQ) purchased Autonomy, the British firm, in 2011 to boost its presence in the enterprise software market. In 2012, Hewlett-Packard . . .

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