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Analysts Had Questioned Autonomy's Accounting Years Ago

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Hewlett Packard's surprising announcement of accounting irregularities at Autonomy caught the market by surprise on Tuesday and led to a nearly 12 percent decline in the company's stock. But Autonomy's accounting had been questioned by analysts years ago, according to one equity analyst that CNBC spoke to.

Autonomy Made 'Willful Effort to Mislead' HP: CEO Whitman

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Hewlett-Packard CEO Meg Whitman strongly defended the company's response to a brewing accounting scandal in a recently acquired software unit, saying that Autonomy's executives engaged in a "willful effort" to mislead HP's shareholders and management.