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HP Autonomy Scandal

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Question:
Autonomy was acquired by Hewlett-Packard (HP) in October 2011. The deal valued Autonomy at
$11.7 billion (£7.4 billion). Within a year, HP had written off $8.8 billion of Autonomy’s value.
With reference to the relevant and appropriate accounting theory, you are required to identify
and critically discuss the main accounting issues relating to this scandal.
Word limit (excluding tables, charts, references and appendices): 1,400 – 1700 words.
Style and Format
Style : Report
Font size : 12 (preferably Arial)
Line spacing : 1.5 lines
References : Harvard style. For more information on HP Autonomy Scandal read this: https://en.wikipedia.org/wiki/HP_Autonomy

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