What was the main accusation against Autonomy, for which Deloitte served as the external auditor?
Tax evasion
Accounting improprieties
Insider trading
Embezzlement
Answer
Deloitte served as the external auditor for Autonomy, which was accused of "accounting improprieties" that contributed to an £8.8 billion write-down of value following its acquisition by Hewlett-Packard in 2011. The controversy raised concerns about Deloitte's auditing practices.
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