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ACNAccenture

Technology · Business Services · NYSE

Accenture is a business reinvention and technology company. 10-K, Item 1

Employees
814,000
Headquarters
Dublin, L2
CEO
Julie Spellman Sweet
Next results
around Dec 17, 2026
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When the SEC's staff reviews a filing, it writes to the company with numbered questions, and the company answers each one in a letter. SEC publishes the exchange once the review is over, at least 20 business days later. Below: what the staff asked ACN, and the company's answer to each question, quoted from the letters. A question is not an accusation; most reviews end with the company adding detail to its next filing.

Form 10-K

2024-03-05 to 2024-04-02 · 2 questions · 1 letter from the SEC, 1 from the company
Review closed 2024-04-02
Non-GAAP measuresIncome taxesResults discussion (MD&A)
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations · Results of Operations for Fiscal 2023 Compared to Fiscal 2022, page 36
SEC asked (1)
We note that you present effective tax rate and diluted earnings per share excluding business optimization costs and investment gain in your results of operations discussion. It does not appear that you have clearly labeled each as a non-GAAP measure. Where applicable, please revise your presentation to fully comply with Item 10(e)(1)(i) of Regulation S-K.
Rest of the question

Also refer to Question 102.10(b) of our Compliance and Disclosure Interpretations on Non-GAAP Financial Measures with regards to your reconciliation of diluted earnings per share.

ACN answered
to the Staff’s comment, in future filings, beginning with our Quarterly Report for the quarterly period ended February 29, 2024 (the “Q2 2024 Form 10-Q”), we will more clearly identify these measures as non-GAAP measures by labeling the metrics “adjusted” effective tax rate and “adjusted” diluted earnings per share, respectively, whenever used. Additionally, we will revise our tabular presentation of diluted earnings per share to also present the reconciliations in a tabular form before the comparison of non-GAAP disclosures. Read in the reply ↗
In its next report

First report after the company's reply of 2024-03-14: 10-Q filed 2024-03-21 ↗, against the 10-Q filed 2023-12-19 ↗.

Tickdelta does not hold the text of both reports, so they are not compared here.

Earnings per Share, page 42
SEC asked (2)
Please present the income tax effects of the non-GAAP adjustments as a separate line item in your reconciliation of adjusted earnings per share and provide a footnote to explain how the income tax effects were calculated. Refer to Question 102.11 of our Compliance and Disclosure Interpretations on Non-GAAP Financial Measures.
ACN answered
We acknowledge the Staff’s comment regarding the presentation of income tax effects in our reconciliation of adjusted earnings per share, with reference to Question 102.11 of the Compliance and Disclosure Interpretations on non-GAAP Financial Measures. In future filings, beginning with the Q2 2024 Form 10-Q, we will present the income tax effect of non-GAAP adjustments as a separate line item in our reconciliation of adjusted earnings per share, with a footnote to explain how the income tax effects were calculated. Read in the reply ↗
In its next report

First report after the company's reply of 2024-03-14: 10-Q filed 2024-03-21 ↗, against the 10-Q filed 2023-12-19 ↗.

Tickdelta does not hold the text of both reports, so they are not compared here.

Also in this review: closing letter, 2024-04-02

From the SEC's correspondence on EDGAR: staff letters (form UPLOAD) and company letters (form CORRESP), 3 letters filed since 2024-03-05. Questions and answers are matched by their numbers; topics come from words in each question. The reports are compared word for word (same form, before the first SEC letter against the first report after the company's reply). No AI.

Work on ACN in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/ACN/export.csv") into a cell.