A US court has dismissed all pending charges against the CA inc, (the company formerly known as Computer Associates) in connection with improper accounting of software licensing revenue.

The company said it had satisfied the terms of a deferred prosecution agreement, which arose out of the criminal conduct by certain former executives in failing to record, within the proper quarter, revenue associated with certain software license agreements.

Last month, Charles Wang, co-founder of Computer Associates was blamed for accounting fraud at the company following the release of a report by a special committee of the company.

Earlier this year, former CA CEO Sanjay Kumar, was ordered to pay more than ₤500m in restitution to victims of securities fraud he committed while at the company.

Kumar also faces 12 years in jail following his conviction for obstruction of justice and securities fraud.

Further reading:

CA goes after co-founder following fraud report

Chief exec ordered to pay victims of accounting fraud

Computer Associates executives plead guilty