Motive has dropped Ernst & Young as its independent auditing firm after its audit committee conducted an investigation into its own past accounting practices, helped by a law firm that hired PricewaterhouseCoopers.

The company, which provides management software for broadband and mobile communications services, detailed in an 8-K filing some of the issues it encountered with Ernst & Young. An E&Y partner disagreed with Motive's accounting for four software license agreements with four different customers under a reseller agreement between Motive and another company it was acquiring called BroadJump.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access