Reply to post: Re: Revenue recognition

SFO: 'Insufficient evidence' for conviction over HP-Autonomy deal

Tom 13

Re: Revenue recognition

What might pass the not fraud test in UK may not necessarily do so in US.

This is the bit that should scare people the most about the whole deal. This is exactly the sort of problem you ought to be expect when concluding international deals. The Germans seem to be good at rooting out precisely these issues. In fact the last time they did (MBS values), the world economy collapsed a few months later.

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