Workday sells software to manage employee data, time tracking, procurement, expense management and financial accounting.
FORBES: What Workday's IPO Success Says About Software
Many financial analysts, investment management and accounting professionals have some explaining to do.
FORBES: The Shape of Things to Come (December 1, 2001)
The idea is to delist them, take over, put in new management, clean the financial books and then re-list in Hong Kong, where accounting standards are less rigorous.
FORBES: China Believers Stand Firm Despite Fraud Cases
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