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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JUNE 21, 2000
PEOPLESOFT, INC.
(Exact Name of Registrant as Specified in Charter)
0-20710
(Commission File Number)
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DELAWARE 68-0137069
(State or Other Jurisdiction (I.R.S. Employer
of Incorporation) Identification Number)
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4460 HACIENDA DRIVE
PLEASANTON, CA 94588
(Address of Principal Executive Offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (925) 694-3000
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(a) Previous independent accountants
(i) On June 21, 2000, PeopleSoft Inc. ("the Registrant") terminated
its relationship with Ernst & Young LLP as the independent
accountants of the Registrant.
(ii) The reports of Ernst & Young LLP on the Registrant's financial
statements for the past two fiscal years did not contain an
adverse opinion or disclaimer of opinion, and were not qualified
or modified as to uncertainty, audit scope, or accounting
principles.
(iii) The decision to change accountants was approved by the Audit
Committee of the Registrant.
(iv) During the two most recent fiscal years and through June 21,
2000, there were no disagreements between the Registrant and
Ernst & Young LLP as to any matter of accounting principles or
practices, financial statement disclosure, or audit scope or
procedure, which disagreements, if not resolved to the
satisfaction of Ernst & Young LLP, would have caused it to make
reference to the subject matter of the disagreement in their
reports on the financial statements for such periods within the
meaning of Item 304 (a)(1)(iv) of Regulation S-K.
(v) During the two most recent fiscal years and through June 21,
2000, no reportable events occurred (as defined in Item 304
(a)(1)(v) of Regulation S-K).
Ernst & Young LLP has furnished the Registrant with a letter addressed
to the Commission stating that it agrees with the above statements. A
copy of this letter is included as Exhibit 16 to this Report on Form
8-K.
(b) New independent accountants
The Registrant engaged Arthur Andersen LLP as its new independent
accountants as of June 21, 2000. The Registrant has not consulted with
Arthur Andersen LLP prior to its engagement regarding the application
of accounting principles to a specified transaction, either completed
or proposed, the type of audit opinion that might be rendered on the
Registrant's financial statements or any matter that was either the
subject of a disagreement or a reportable event within the meaning of
Item 304 (a)(1) of Regulation S-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
(16) Letter regarding change in certifying accountants.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated as of: June 27, 2000
PEOPLESOFT, INC.
By: /s/ Stephen F. Hill
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Stephen F. Hill
Sr. Vice President and
Chief Financial Officer
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EXHIBIT INDEX
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Exhibits Description
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(16) Letter regarding change in certifying accountants.
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