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.
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