Deloitte fined record £15m for failings in Autonomy audits

Regulator also fines two former partners over 2009-2011 dealings with software firm

Audit firm Deloitte has been fined a record £15m and been severely reprimanded for failings in its audits of the software company Autonomy between January 2009 and June 2011.

Two former Deloitte partners involved in the audits, Richard Knights and Nigel Mercer, were also fined and sanctioned by the accounting watchdog, the Financial Reporting Council (FRC).

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