KPMG Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ==== 2011 ==== In August, KPMG conducted due diligence work on [[Hewlett-Packard]]'s $11.1 billion acquisition of the British software company [[Autonomy Corporation|Autonomy]]. In November 2012 HP announced an $8.8 billion write off due to "serious accounting improprieties" committed by Autonomy management prior to the acquisition.<ref>{{cite web |url=http://www.accountancyage.com/aa/news/2226169/kpmg-conducted-due-diligence-of-deloitte-audit-at-autonomy |title=KPMG conducted due diligence of Deloitte audit at Autonomy |work=Accountancy Age |date=20 November 2012 |first=Rachael |last=Singh |access-date=8 September 2014 |archive-url=https://web.archive.org/web/20140908020850/http://www.accountancyage.com/aa/news/2226169/kpmg-conducted-due-diligence-of-deloitte-audit-at-autonomy |archive-date=8 September 2014 |url-status=dead }}</ref><ref>{{cite news |last=Hardy |first=Quentin |url=https://dealbook.nytimes.com/2012/11/20/h-p-takes-big-hit-on-accounting-improprieties-at-autonomy/ |title=Hewlett's Loss: A Folly Unfolds, by the Numbers |work=[[The New York Times]] |date=20 November 2012 |access-date=8 September 2014 |archive-url=https://web.archive.org/web/20140725010737/http://dealbook.nytimes.com/2012/11/20/h-p-takes-big-hit-on-accounting-improprieties-at-autonomy/ |archive-date=25 July 2014 |url-status=dead }}</ref> According to an independent panel formed to investigate irregular payments made by [[Olympus Corporation|Olympus]] which reported in December, KPMG's affiliate in Japan did not identify fraud at the company.<ref>{{cite news|url=https://www.nytimes.com/2011/12/07/business/global/banks-aided-in-olympus-cover-up-report-finds.html |title=The Culture Was Corrupt at Olympus, Panel Finds |work=[[The New York Times]] |date=6 December 2011 |access-date=8 September 2014}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page