Re: That wasn't it......
> from an accountancy viewpoint you can't book it till the period in question
Under US GAAP standard or UK / International IFRS standards ? Also, under which year of standards? Revenue recognition in particular has been / is undergoing major changes in recent years - it is still (as far as I know) based on when the work is done (for service contracts) rather than when/if you get paid.
At the end of the day HP and/or the accountancy firm that did the due diligence didn't realise a UK-based UK-listed company didn't use US GAAP standards, well duh. There's always the possibility that Autonomy cooked the books by UK standards/law too, but SFO has closed that investigation due to finding insufficient evidence.