| Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | |||||

| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | ||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| ☑ | Accelerated filer | ☐ | Non-accelerated filer | ☐ | |||||||||||||
| Smaller reporting company | Emerging growth company | ||||||||||||||||
| Page | ||||||||
| Part I | ||||||||
| Item 1. | ||||||||
| Item 1A. | ||||||||
| Item 1B. | ||||||||
| Item 2. | ||||||||
| Item 3. | ||||||||
| Item 4. | ||||||||
| Part II | ||||||||
| Item 5. | ||||||||
| Item 6. | ||||||||
| Item 7. | ||||||||
| Item 7A. | ||||||||
| Item 8. | ||||||||
| Item 9. | ||||||||
| Item 9A. | ||||||||
| Item 9B. | ||||||||
| Part III | ||||||||
| Item 10. | ||||||||
| Item 11. | ||||||||
| Item 12. | ||||||||
| Item 13. | ||||||||
| Item 14. | ||||||||
| Part IV | ||||||||
| Item 15. | ||||||||
| Item 16. | ||||||||
ACCENTURE 2020 FORM 10-K | Part I | 1 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 2 | |||||||||
Accenture serves clients in three geographic markets: North America, Europe and Growth Markets (Asia Pacific, Latin America, Africa and the Middle East). Our geographic markets bring together capabilities from across the organization in Strategy & Consulting, Interactive, Technology and Operations—infusing digital skills and industry and functional expertise throughout—to deliver value to our clients. | Our revenues for fiscal 2020 were $44.3 billion, and we employed approximately 506,000 people as of August 31, 2020. Our revenues are derived primarily from Forbes Global 2000 companies, governments and government agencies. We have long-term relationships and have partnered with 97 of our top 100 clients in fiscal 2020 for > 10 years. | ||||
Effective March 1, 2020, we began managing our business under a new growth model through the three geographic markets, which also became our reportable segments in the third quarter of fiscal 2020. The change was designed to help us better serve our clients and continue to scale our business. Prior to this change, our reportable segments were our five operating groups, Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources, which we now refer to as our industry groups. | |||||
Under the new growth model, we continue to go to market primarily by industry, leveraging our deep expertise across more than 40 industries. The new model simplified our organizational structure and increased our agility to form multi-service teams to meet client needs rapidly and at scale. It is also accelerating innovation by enabling our teams to move seamlessly between global and local, leveraging our network of more than 100 innovation hubs, our technology expertise and ecosystem relationships, and our global delivery capabilities to drive value for clients. | |||||
During fiscal 2020, we continued to make significant investments—in strategic acquisitions, in research and development in our assets, platforms and solutions, and in attracting and developing talent—to further enhance our differentiation and competitiveness in the marketplace. At year-end, we had more than 7,900 patents and pending patent applications worldwide. Our disciplined acquisition strategy, which is an engine to fuel organic growth, is focused on scaling our business in high-growth areas; adding skills and capabilities in new areas; and deepening our industry and functional expertise. In fiscal 2020, we invested more than $1.5 billion across 34 strategic acquisitions. | |||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 3 | |||||||||
Our Strategy | ||||||||
Our growth strategy begins with a focus on what our clients need. Regardless of industry, our clients must transform every aspect of their business to meet the needs of today’s digital world. We are helping our clients use technology to build their digital core to drive enterprise-wide transformation—such as moving them to the cloud and embedding security across the enterprise, by transforming their operations—such as replatforming their ERP systems and through our Operations services and Industry X, and by accelerating their growth—such as through creating omni-channel experiences through Interactive. | ||||||||
We are uniquely able to deliver this transformation because of our ability to bring applied innovation and deliver 360-degree value for our clients. We define 360-degree value as delivering the financial business case and unique value a client may be seeking, and striving where possible to partner with our clients to achieve greater progress on inclusion and diversity with our diverse teams, reskill our clients’ employees, help our clients achieve their sustainability goals, and create meaningful experiences, both with Accenture and for the customers and employees of our clients. | ||||||||
We are able to leverage our scale and global footprint, and seamlessly move between global and local, embedding responsible business by design in everything we do. Our strong ecosystem partnerships, together with our assets and platforms, including MyWizard, MyNav and Synops, position Accenture to consistently deliver tangible value for our clients. | ||||||||
Key enablers of our growth strategy include: | ||||||||
![]() | Our People – As a talent- and innovation-led organization, across our entire business our people have highly specialized skills that drive our differentiation and competitiveness. We are deeply committed to investing in our people to ensure they have opportunities to learn and grow in their careers through their work experience and continued development, training and reskilling, and we have an unwavering commitment to inclusion and diversity; | |||||||
![]() | Our Commitment – We are a purpose driven company, committed to delivering on the promise of technology and human ingenuity. Our culture is underpinned by our core values and Code of Business Ethics which are key drivers of the trust our clients and partners place in us to deliver tangible value and outcomes for them; and | |||||||
![]() | Our Foundation – The new growth model and our enduring shareholder value creation model are key elements of the foundation that enable us to execute on our growth strategy. | |||||||

ACCENTURE 2020 FORM 10-K | Item 1. Business | 4 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 5 | |||||||||
| Communications & Media | High Tech | Software & Platforms | ||||||
Clients Served | ||||||||
| Wireline, wireless, broadcast, entertainment, print, publishing, cable and satellite communications service providers | Enterprise technology, network equipment, semiconductor, consumer technology, aerospace & defense, and medical equipment companies | Cloud-based enterprise and consumer software companies; and social, e-commerce, retail, content, advertising and gaming platform companies | ||||||
| Percent of Group’s FY20 Revenue | ||||||||
| 45% | 21% | 34% | ||||||
| Banking & Capital Markets | Insurance | ||||
Clients Served | |||||
| Retail and commercial banks, mortgage lenders, payment providers, investment banks, wealth and asset management firms, broker/dealers, depositories, exchanges, clearing and settlement organizations, and other diversified financial enterprises | Property and casualty insurers, life insurers, reinsurance firms and insurance brokers | ||||
| Percent of Group’s FY20 Revenue | |||||
| 69% | 31% | ||||
| Health | Public Service | ||||
Clients Served | |||||
| Healthcare providers, such as hospitals, public health systems, policy-making authorities, health insurers (payers), and industry organizations and associations | Defense departments and military forces; public safety authorities; justice departments; human and social services agencies; educational institutions; non-profit organizations; cities; and postal, customs, revenue and tax agencies | ||||
| Percent of Group’s FY20 Revenue | |||||
| 36% | 64% | ||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 6 | |||||||||
| Consumer Goods, Retail & Travel Services | Industrial | Life Sciences | ||||||
Clients Served | ||||||||
| Food and beverage, household goods, personal care, tobacco, fashion/apparel, agribusiness and consumer health companies; supermarkets, hardline retailers, mass-merchandise discounters, department stores and specialty retailers; airlines; and hospitality and travel services companies | Industrial & electrical equipment manufacturers and suppliers; and construction, heavy equipment, consumer durables, engineering services, real estate business services, freight & logistics, and automotive and public transportation companies | Biopharmaceutical, medical technology, and biotechnology companies and distributors | ||||||
| Percent of Group’s FY20 Revenue | ||||||||
| 52% | 25% | 24% | ||||||
| Chemicals & Natural Resources | Energy | Utilities | ||||||
Clients Served | ||||||||
| Petrochemicals, specialty chemicals, polymers and plastics, gases and agricultural chemicals companies, as well as the metals, mining, forest products and building materials industries | Companies in the oil and gas industry, including upstream, midstream, downstream, oilfield services, clean energy and energy trading companies | Electric, gas and water utilities; new energy providers | ||||||
| Percent of Group’s FY20 Revenue | ||||||||
| 30% | 28% | 42% | ||||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 7 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 8 | |||||||||
![]() | Gianfranco Casati, 61, became our chief executive officer—Growth Markets in January 2014. From September 2006 to January 2014, he served as our group chief executive—Products. From April 2002 to September 2006, Mr. Casati was managing director of the Products Europe operating unit. He also served as our country managing director for Italy and as chairman of our geographic council in its IGEM (Italy, Greece, emerging markets) region, supervising our offices in Italy, Greece and several Eastern European countries. Mr. Casati has been with Accenture for 36 years. | ||||
![]() | Richard P. Clark, 59, became our chief accounting officer in September 2013 and has served as our corporate controller since September 2010. Prior to that, Mr. Clark served as our senior managing director of investor relations from September 2006 to September 2010. Previously he served as our finance director—Communications, Media & Technology from July 2001 to September 2006 and as our finance director—Resources from 1998 to July 2001. Mr. Clark has been with Accenture for 37 years. | ||||
![]() | Jo Deblaere, 58, became our chief operating officer in September 2009. Mr. Deblaere also served as our chief executive—Europe from January 2014 to February 2020. From September 2006 to September 2009, Mr. Deblaere served as our chief operating officer—Outsourcing. Prior to that, from September 2005 to September 2006, he led our global network of business process outsourcing delivery centers. From September 2000 to September 2005, he had overall responsibility for work with public-sector clients in Western Europe. Mr. Deblaere has been with Accenture for 35 years. | ||||
![]() | Jimmy Etheredge, 57, became our chief executive officer—North America in September 2019. From December 2016 to September 2019, Mr. Etheredge served as senior managing director—US Southeast, responsible for our business in 10 states, including the key markets of Atlanta, Charlotte and Washington, D.C. Previously, he served as senior managing director—Products in North America from 2011 until December 2016. Mr. Etheredge has been with Accenture for 35 years. | ||||
![]() | KC McClure, 55, became our chief financial officer in January 2019. From June 2018 to January 2019, she served as managing director—Finance Operations, where she led our finance operations across the entirety of our businesses. From December 2016 to May 2018, she served as our finance director—Communications, Media & Technology. Prior to assuming that role, she served as our head of investor relations from September 2010 to November 2016, and from March 2002 to August 2010, she served as our finance director—Health & Public Service. Ms. McClure has been with Accenture for 32 years. | ||||
![]() | Jean-Marc Ollagnier, 58, became our chief executive officer—Europe in March 2020. From March 2011 to March 2020, Mr. Ollagnier served as our group chief executive—Resources. From September 2006 to March 2011, Mr. Ollagnier led Resources in Europe, Latin America, the Middle East and Africa. Previously, he served as our global managing director—Financial Services Solutions group and as our geographic unit managing director—Gallia. Mr. Ollagnier has been with Accenture for 34 years. | ||||
ACCENTURE 2020 FORM 10-K | Item 1. Business | 9 | |||||||||
![]() | David P. Rowland, 59, became executive chairman of the Board of Directors in September 2019. From January 2019 to September 2019, he served as our interim chief executive officer. Mr. Rowland was our chief financial officer from July 2013 to January 2019. From October 2006 to July 2013, he was our senior vice president—Finance. Previously, Mr. Rowland was our managing director—Finance Operations from July 2001 to October 2006. Prior to assuming that role, he served as our finance director—Communications, Media & Technology and as our finance director—Products. Mr. Rowland has been with Accenture for 37 years and has served as a director since January 2019. Prior to its merger with and into Accenture plc in March 2018, Mr. Rowland also served on the board of Accenture Holdings plc. | ||||
![]() | Ellyn J. Shook, 57, became our chief leadership officer in December 2015 and has also served as our chief human resources officer since March 2014. From 2012 to March 2014, Ms. Shook was our senior managing director—Human Resources and head of our Human Resources Centers of Expertise. From 2004 to 2011, she served as the global human resources lead for career management, performance management, total rewards, employee engagement and mergers and acquisitions. Ms. Shook has been with Accenture for 32 years. | ||||
![]() | Julie Sweet, 53, became our chief executive officer in September 2019. From June 2015 to September 2019, she served as our chief executive officer—North America. From March 2010 to June 2015, she served as our general counsel, secretary and chief compliance officer. Prior to joining Accenture in 2010, Ms. Sweet was a partner for 10 years in the law firm Cravath, Swaine & Moore LLP, which she joined as an associate in 1992. Ms. Sweet has been with Accenture for 10 years and has served as a director since September 2019. | ||||
![]() | Joel Unruch, 42, became our general counsel in September 2019 and has served as our corporate secretary since June 2015. Mr. Unruch also served as our chief compliance officer from September 2019 to January 2020. Mr. Unruch joined Accenture in 2011 as our assistant general counsel and assistant secretary and also oversaw ventures & acquisitions and alliances & ecosystems practices for our legal group. Prior to joining Accenture, Mr. Unruch was corporate counsel at Amazon.com and previously an associate in the corporate department of the law firm Cravath, Swaine & Moore LLP. Mr. Unruch has been with Accenture for 9 years. | ||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 10 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 11 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 12 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 13 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 14 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 15 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 16 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 17 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 18 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 19 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 20 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 21 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 22 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1A. Risk Factors | 23 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 1B. Unresolved Staff Comments | 24 | |||||||||
ACCENTURE 2020 FORM 10-K | Part II | 25 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities | 26 | |||||||||
| Period | Total Number of Shares Purchased | Average Price Paid per Share (1) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (3) | ||||||||||||||||||||||
| (in millions of U.S. dollars) | ||||||||||||||||||||||||||
| June 1, 2020 — June 30, 2020 | 151,482 | $ | 211.25 | 126,699 | $ | 1,857 | ||||||||||||||||||||
| July 1, 2020 — July 31, 2020 | 1,336,948 | 220.44 | 1,301,112 | 1,563 | ||||||||||||||||||||||
| August 1, 2020 — August 31, 2020 | 1,065,906 | 233.39 | 1,033,283 | 1,315 | ||||||||||||||||||||||
| Total (4) | 2,554,336 | $ | 225.30 | 2,461,094 | ||||||||||||||||||||||
ACCENTURE 2020 FORM 10-K | Item 5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities | 27 | |||||||||
| Fiscal | |||||||||||||||||||||||||||||
| (in millions of U.S. dollars) | 2020 (1) | 2019 | 2018 (2) (3) | 2017 (2) (4) | 2016 (2) (5) | ||||||||||||||||||||||||
| Income Statement Data | |||||||||||||||||||||||||||||
| Revenues | $ | 44,327 | $ | 43,215 | $ | 40,993 | $ | 36,177 | $ | 34,254 | |||||||||||||||||||
| Operating income | 6,514 | 6,305 | 5,899 | 5,191 | 4,846 | ||||||||||||||||||||||||
| Net income | 5,185 | 4,846 | 4,215 | 3,635 | 4,350 | ||||||||||||||||||||||||
| Net income attributable to Accenture plc | 5,108 | 4,779 | 4,060 | 3,445 | 4,112 | ||||||||||||||||||||||||
| Earnings Per Class A Ordinary Share | |||||||||||||||||||||||||||||
| Basic | $ | 8.03 | $ | 7.49 | $ | 6.46 | $ | 5.56 | $ | 6.58 | |||||||||||||||||||
| Diluted | 7.89 | 7.36 | 6.34 | 5.44 | 6.45 | ||||||||||||||||||||||||
| Dividends per ordinary share | 3.20 | 2.92 | 2.66 | 2.42 | 2.20 | ||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | August 31, 2018 | August 31, 2017 | August 31, 2016 | |||||||||||||||||||||||||
| (in millions of U.S. dollars) | |||||||||||||||||||||||||||||
| Balance Sheet Data | |||||||||||||||||||||||||||||
| Cash and cash equivalents | $ | 8,415 | $ | 6,127 | $ | 5,061 | $ | 4,127 | $ | 4,906 | |||||||||||||||||||
| Total assets | 37,079 | 29,790 | 24,449 | 22,690 | 20,609 | ||||||||||||||||||||||||
| Long-term debt, net of current portion | 54 | 16 | 20 | 22 | 24 | ||||||||||||||||||||||||
| Accenture plc shareholders’ equity | 17,001 | 14,409 | 10,365 | 8,949 | 7,555 | ||||||||||||||||||||||||
ACCENTURE 2020 FORM 10-K | Item 6. Selected Financial Data | 28 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 29 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 30 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 31 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 32 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 33 | |||||||||
| Fiscal | Percent Increase (Decrease) U.S. Dollars | Percent Increase Local Currency | Percent of Total Revenues for Fiscal | ||||||||||||||||||||||||||||||||
| (in millions of U.S. dollars) | 2020 | 2019 (1) | 2020 | 2019 (1) | |||||||||||||||||||||||||||||||
| GEOGRAPHIC MARKETS | |||||||||||||||||||||||||||||||||||
| North America | $ | 20,982 | $ | 19,986 | 5 | % | 5 | % | 47 | % | 46 | % | |||||||||||||||||||||||
| Europe | 14,402 | 14,696 | (2) | — | 32 | 34 | |||||||||||||||||||||||||||||
| Growth Markets | 8,943 | 8,533 | 5 | 8 | 20 | 20 | |||||||||||||||||||||||||||||
| TOTAL REVENUES | $ | 44,327 | $ | 43,215 | 3 | % | 4 | % | 100 | % | 100 | % | |||||||||||||||||||||||
| INDUSTRY GROUPS | |||||||||||||||||||||||||||||||||||
| Communications, Media & Technology | $ | 8,883 | $ | 8,757 | 1 | % | 3 | % | 20 | % | 20 | % | |||||||||||||||||||||||
| Financial Services | 8,518 | 8,494 | — | 2 | 19 | 20 | |||||||||||||||||||||||||||||
| Health & Public Service | 8,023 | 7,161 | 12 | 13 | 18 | 17 | |||||||||||||||||||||||||||||
| Products | 12,272 | 12,005 | 2 | 3 | 28 | 28 | |||||||||||||||||||||||||||||
| Resources | 6,612 | 6,772 | (2) | — | 15 | 16 | |||||||||||||||||||||||||||||
| Other | 19 | 26 | n/m | n/m | — | — | |||||||||||||||||||||||||||||
| TOTAL REVENUES | $ | 44,327 | $ | 43,215 | 3 | % | 4 | % | 100 | % | 100 | % | |||||||||||||||||||||||
| TYPE OF WORK | |||||||||||||||||||||||||||||||||||
| Consulting | $ | 24,227 | $ | 24,177 | — | % | 2 | % | 55 | % | 56 | % | |||||||||||||||||||||||
| Outsourcing | 20,100 | 19,038 | 6 | 7 | 45 | 44 | |||||||||||||||||||||||||||||
| TOTAL REVENUES | $ | 44,327 | $ | 43,215 | 3 | % | 4 | % | 100 | % | 100 | % | |||||||||||||||||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 34 | |||||||||
| Fiscal | |||||||||||||||||||||||||||||
| (in millions of U.S. dollars) | 2020 | 2019 | Increase (Decrease) | ||||||||||||||||||||||||||
| Operating Expenses | $ | 37,813 | 85.3 | % | $ | 36,910 | 85.4 | % | $ | 903 | |||||||||||||||||||
| Cost of services | 30,351 | 68.5 | % | 29,900 | 69.2 | % | 451 | ||||||||||||||||||||||
| Sales and marketing | 4,626 | 10.4 | % | 4,447 | 10.3 | % | 178 | ||||||||||||||||||||||
| General and administrative costs | 2,837 | 6.4 | % | 2,562 | 5.9 | % | 274 | ||||||||||||||||||||||
| Fiscal | |||||||||||||||||||||||||||||
| 2020 | 2019 | ||||||||||||||||||||||||||||
| (in millions of U.S. dollars) | Operating Income | Operating Margin | Operating Income | Operating Margin | Increase (Decrease) | ||||||||||||||||||||||||
| North America | $ | 3,170 | 15 | % | $ | 3,107 | 16 | % | $ | 62 | |||||||||||||||||||
| Europe | 1,799 | 12 | % | 2,013 | 14 | (214) | |||||||||||||||||||||||
| Growth Markets | 1,545 | 17 | % | 1,184 | 14 | 360 | |||||||||||||||||||||||
| TOTAL | $ | 6,514 | 14.7 | % | $ | 6,305 | 14.6 | % | $ | 209 | |||||||||||||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 35 | |||||||||
| Earnings Per Share | Fiscal 2020 | ||||
| FY19 As Reported | $ | 7.36 | |||
| Gains on an investment, net of tax | 0.43 | ||||
| Revenue and operating results | 0.24 | ||||
| Lower share count | 0.03 | ||||
| Net Income attributable to non-controlling interest | (0.01) | ||||
| Non-operating income | (0.02) | ||||
| Higher effective tax rate | (0.14) | ||||
| FY20 As Reported | $ | 7.89 | |||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 36 | |||||||||
| Fiscal | Change | ||||||||||||||||
| (in millions of U.S. dollars) | 2020 | 2019 | |||||||||||||||
| Net cash provided by (used in): | |||||||||||||||||
| Operating activities | $ | 8,215 | $ | 6,627 | $ | 1,588 | |||||||||||
| Investing activities | (1,895) | (1,756) | (139) | ||||||||||||||
| Financing activities | (4,049) | (3,767) | (282) | ||||||||||||||
| Effect of exchange rate changes on cash and cash equivalents | 17 | (39) | 56 | ||||||||||||||
| Net increase (decrease) in cash and cash equivalents | $ | 2,288 | $ | 1,065 | $ | 1,223 | |||||||||||
ACCENTURE 2020 FORM 10-K | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 37 | |||||||||
| Payments due by period | ||||||||||||||||||||||||||||||||
| Contractual Cash Obligations (1) | Total | Less than 1 year | 1-3 years | 3-5 years | More than 5 years | |||||||||||||||||||||||||||
| (in millions of U.S. dollars) | ||||||||||||||||||||||||||||||||
| Long-term debt and related interest | $ | 75 | $ | 8 | $ | 17 | $ | 8 | $ | 43 | ||||||||||||||||||||||
| Operating leases | 3,949 | 771 | 1,202 | 828 | 1,149 | |||||||||||||||||||||||||||
| Retirement obligations (2) | 91 | 10 | 20 | 19 | 42 | |||||||||||||||||||||||||||
| Purchase obligations and other commitments (3) | 348 | 203 | 100 | 40 | 5 | |||||||||||||||||||||||||||
| Total | $ | 4,463 | $ | 992 | $ | 1,339 | $ | 895 | $ | 1,239 | ||||||||||||||||||||||
ACCENTURE 2020 FORM 10-K | Item 7A. Quantitative and Qualitative Disclosures About Market Risk | 38 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 7A. Quantitative and Qualitative Disclosures About Market Risk | 39 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 9A. Controls and Procedures | 40 | |||||||||
ACCENTURE 2020 FORM 10-K | Part III | 41 | |||||||||
ACCENTURE 2020 FORM 10-K | Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters | 42 | |||||||||
| Plan Category | Number of Shares to be Issued Upon Exercise of Outstanding Options, Warrants and Rights | Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights (3) | Number of Shares Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in 1st Column) | ||||||||||||||||||||
| Equity compensation plans approved by shareholders: | |||||||||||||||||||||||
| 2001 Share Incentive Plan | 50,340 | (1) | $ | — | — | ||||||||||||||||||
| Amended and Restated 2010 Share Incentive Plan | 18,243,498 | (2) | — | 25,216,854 | |||||||||||||||||||
| Amended and Restated 2010 Employee Share Purchase Plan | — | N/A | 25,043,778 | ||||||||||||||||||||
| Equity compensation plans not approved by shareholders | — | N/A | — | ||||||||||||||||||||
| Total | 18,293,838 | 50,260,632 | |||||||||||||||||||||
ACCENTURE 2020 FORM 10-K | Item 14. Principal Accountant Fees And Services | 43 | |||||||||
ACCENTURE 2020 FORM 10-K | Part IV | 44 | |||||||||
| Exhibit Number | Exhibit | |||||||
| 3.1 | Amended and Restated Memorandum and Articles of Association of Accenture plc (incorporated by reference to Exhibit 3.1 to Accenture plc’s 8-K filed on February 7, 2018) | |||||||
| 3.2 | Certificate of Incorporation of Accenture plc (incorporated by reference to Exhibit 3.2 to Accenture plc’s 8-K12B filed on September 1, 2009 (the “8-K12B”)) | |||||||
| 4.1 | Description of Accenture plc’s Securities (incorporated by reference to Exhibit 4.1 to Accenture plc’s 10-K filed on August 31, 2019 ) | |||||||
| 10.1 | Form of Voting Agreement, dated as of April 18, 2001, among Accenture Ltd and the covered persons party thereto as amended and restated as of February 3, 2005 (incorporated by reference to Exhibit 9.1 to the Accenture Ltd February 28, 2005 10-Q (File No. 001-16565)) | |||||||
| 10.2 | Assumption Agreement of the Amended and Restated Voting Agreement, dated September 1, 2009 (incorporated by reference to Exhibit 10.4 to the 8-K12B) | |||||||
| 10.3* | Form of Non-Competition Agreement, dated as of April 18, 2001, among Accenture Ltd and certain employees (incorporated by reference to Exhibit 10.2 to the Accenture Ltd Registration Statement on Form S-1 (File No. 333-59194) filed on April 19, 2001) | |||||||
| 10.4 | Assumption and General Amendment Agreement between Accenture plc and Accenture Ltd, dated September 1, 2009 (incorporated by reference to Exhibit 10.1 to the 8-K12B) | |||||||
| 10.5* | 2001 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the Accenture Ltd Registration Statement on Form S-1/A (File No. 333-59194) filed on July 12, 2001) | |||||||
| 10.6* | Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.1 to Accenture plc’s 8-K filed on January 30, 2020) | |||||||
| 10.7* | Amended and Restated 2010 Employee Share Purchase Plan (incorporated by reference to Exhibit 10.2 to Accenture plc’s 8-K filed on February 3, 2016) | |||||||
| 10.8 | Form of Support Agreement, dated as of May 23, 2001, between Accenture Ltd and Accenture Canada Holdings Inc. (incorporated by reference to Exhibit 10.9 to the Accenture Ltd Registration Statement on Form S-1/A (the “July 2, 2001 Form S-1/A”)) | |||||||
| 10.9 | First Supplemental Agreement to Support Agreement among Accenture plc, Accenture Ltd and Accenture Canada Holdings Inc., dated September 1, 2009 (incorporated by reference to Exhibit 10.2 to the 8-K12B) | |||||||
| 10.10* | Form of Employment Agreement of executive officers in the United States (incorporated by reference to Exhibit 10.3 to the February 28, 2013 10-Q) | |||||||
ACCENTURE 2020 FORM 10-K | 45 | ||||||||||
| 10.11* | Form of Employment Agreement of executive officers in the United Kingdom (incorporated by reference to Exhibit 10.16 to the August 31, 2013 10-K) | |||||||
| 10.12* | Form of Employment Agreement of executive officers in Singapore (incorporated by reference to Exhibit 10.17 to the August 31, 2015 10-K) | |||||||
| 10.13 | Form of Articles of Association of Accenture Canada Holdings Inc. (incorporated by reference to Exhibit 10.11 to the July 2, 2001 Form S-1/A) | |||||||
| 10.14 | Articles of Amendment to Articles of Association of Accenture Canada Holdings Inc. (incorporated by reference to Exhibit 10.21 to the August 31, 2013 10-K) | |||||||
| 10.15 | Form of Exchange Trust Agreement by and between Accenture Ltd and Accenture Canada Holdings Inc. and CIBC Mellon Trust Company, made as of May 23, 2001 (incorporated by reference to Exhibit 10.12 to the July 2, 2001 Form S-1/A) | |||||||
| 10.16 | First Supplemental Agreement to Exchange Trust Agreement among Accenture plc, Accenture Ltd, Accenture Canada Holdings Inc. and Accenture Inc., dated September 1, 2009 (incorporated by reference to Exhibit 10.3 to the 8-K12B) | |||||||
| 10.17* | Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.2 to the February 28, 2019 10-Q) | |||||||
| 10.18* | Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.2 to the February 29, 2020 10-Q) | |||||||
| 10.19* | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.4 to the February 28, 2018 10-Q) | |||||||
| 10.20* | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the February 28, 2019 10-Q) | |||||||
| 10.21* | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the February 29, 2020 10-Q) | |||||||
| 10.22* | Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.4 to the February 28, 2019 10-Q) | |||||||
| 10.23* | Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.4 to the February 29, 2020 10-Q) | |||||||
| 10.24* | Form of CEO Discretionary Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.6 to the February 28, 2018 10-Q) | |||||||
| 10.25* | Form of CEO Discretionary Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.5 to the February 28, 2019 10-Q) | |||||||
| 10.26* | Form of CEO Discretionary Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.5 to the February 29, 2020 10-Q) | |||||||
| 10.27* | Form of Next Generation Leadership Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.6 to the February 29, 2020 10-Q) | |||||||
| 10.28* | ||||||||
| 10.29* | Description of Global Annual Bonus Plan (incorporated by reference to Exhibit 10.31 to the August 31, 2017 10-K) | |||||||
| 10.30* | Form of Indemnification Agreement, between Accenture Inc. and the indemnitee party thereto (incorporated by reference to Exhibit 10.28 to the August 31, 2018 10-K) | |||||||
| 21.1 | ||||||||
| 23.1 | ||||||||
| 23.2 | ||||||||
| 24.1 | Power of Attorney (included on the signature page hereto) | |||||||
| 31.1 | Certification of the Principal Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith) | |||||||
| 31.2 | Certification of the Principal Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith) | |||||||
| 32.1 | Certification of the Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) | |||||||
| 32.2 | Certification of the Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) | |||||||
| 99.1 | Amended and Restated Accenture plc 2010 Employee Share Purchase Plan Financial Statements (filed herewith) | |||||||
ACCENTURE 2020 FORM 10-K | 46 | ||||||||||
| 101 | The following financial information from Accenture plc’s Annual Report on Form 10-K for the fiscal year ended August 31, 2020, formatted in Inline XBRL: (i) Consolidated Balance Sheets as of August 31, 2020 and August 31, 2019, (ii) Consolidated Income Statements for the years ended August 31, 2020, 2019 and 2018, (iii) Consolidated Statements of Comprehensive Income for the years ended August 31, 2020, 2019 and 2018, (iv) Consolidated Shareholders’ Equity Statements for the years ended August 31, 2020, 2019 and 2018, (v) Consolidated Cash Flows Statements for the years ended August 31, 2020, 2019 and 2018, and (vi) the Notes to Consolidated Financial Statements | |||||||
| 104 | The cover page from Accenture plc’s Annual Report on Form 10-K for the year ended August 31, 2020, formatted in Inline XBRL (included as Exhibit 101) | |||||||
| (*) | Indicates management contract or compensatory plan or arrangement. | ||||
ACCENTURE 2020 FORM 10-K | Signatures | 47 | |||||||||
| ACCENTURE PLC | |||||
| By: | /s/ JULIE SWEET | ||||
| Name: Julie Sweet Title: Chief Executive Officer | |||||
| Signature | Title | |||||||
/s/ JULIE SWEET | Chief Executive Officer and Director | |||||||
| Julie Sweet | (principal executive officer) | |||||||
/s/ KC MCCLURE | Chief Financial Officer | |||||||
| KC McClure | (principal financial officer) | |||||||
/s/ RICHARD P. CLARK | Chief Accounting Officer | |||||||
| Richard P. Clark | (principal accounting officer) | |||||||
/s/ DAVID P. ROWLAND | Executive Chairman of the Board and Director | |||||||
| David P. Rowland | ||||||||
/s/ GILLES C. PÉLISSON | Lead Director | |||||||
| Gilles C. Pélisson | ||||||||
/s/ JAIME ARDILA | Director | |||||||
| Jaime Ardila | ||||||||
ACCENTURE 2020 FORM 10-K | Signatures | 48 | |||||||||
/s/ HERBERT HAINER | Director | |||||||
| Herbert Hainer | ||||||||
/s/ NANCY MCKINSTRY | Director | |||||||
| Nancy McKinstry | ||||||||
/s/ PAULA A. PRICE | Director | |||||||
| Paula A. Price | ||||||||
/s/ VENKATA S.M. RENDUCHINTALA | Director | |||||||
| Venkata S.M. Renduchintala | ||||||||
/s/ ARUN SARIN | Director | |||||||
| Arun Sarin | ||||||||
/s/ FRANK K. TANG | Director | |||||||
| Frank K. Tang | ||||||||
/s/ TRACEY T. TRAVIS | Director | |||||||
| Tracey T. Travis | ||||||||
ACCENTURE 2020 FORM 10-K | Index To Consolidated Financial Statements | F-1 | |||||||||
| Page | ||||||||
| Consolidated Financial Statements as of August 31, 2020 and 2019 and for the years ended August 31, 2020, 2019 and 2018: | ||||||||
Consolidated Shareholders’ Equity Statements | F-8 | |||||||
ACCENTURE 2020 FORM 10-K | Report of Independent Registered Public Accounting Firm | F-2 | |||||||||
ACCENTURE 2020 FORM 10-K | Report of Independent Registered Public Accounting Firm | F-3 | |||||||||
ACCENTURE 2020 FORM 10-K | Report of Independent Registered Public Accounting Firm | F-4 | |||||||||
Consolidated Financial Statements (In thousands of U.S. dollars, except share and per share amounts) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-5 | ||||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||
| ASSETS | |||||||||||
| CURRENT ASSETS: | |||||||||||
| Cash and cash equivalents | $ | $ | |||||||||
| Short-term investments | |||||||||||
| Receivables and contract assets | |||||||||||
| Other current assets | |||||||||||
| Total current assets | |||||||||||
| NON-CURRENT ASSETS: | |||||||||||
| Contract assets | |||||||||||
| Investments | |||||||||||
| Property and equipment, net | |||||||||||
| Lease assets | |||||||||||
| Goodwill | |||||||||||
| Deferred contract costs | |||||||||||
| Deferred tax assets | |||||||||||
| Other non-current assets | |||||||||||
| Total non-current assets | |||||||||||
| TOTAL ASSETS | $ | $ | |||||||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||||||||
| CURRENT LIABILITIES: | |||||||||||
| Current portion of long-term debt and bank borrowings | $ | $ | |||||||||
| Accounts payable | |||||||||||
| Deferred revenues | |||||||||||
| Accrued payroll and related benefits | |||||||||||
| Income taxes payable | |||||||||||
| Lease liabilities | |||||||||||
| Accrued consumption taxes | |||||||||||
| Other accrued liabilities | |||||||||||
| Total current liabilities | |||||||||||
| NON-CURRENT LIABILITIES: | |||||||||||
| Long-term debt | |||||||||||
| Deferred revenues | |||||||||||
| Retirement obligation | |||||||||||
| Deferred tax liabilities | |||||||||||
| Income taxes payable | |||||||||||
| Lease liabilities | |||||||||||
| Other non-current liabilities | |||||||||||
| Total non-current liabilities | |||||||||||
| SHAREHOLDERS’ EQUITY: | |||||||||||
| Ordinary shares, par value 1.00 euros per share, 40,000 shares authorized and issued as of August 31, 2020 and August 31, 2019 | |||||||||||
| Class A ordinary shares, par value $0.0000225 per share, 20,000,000,000 shares authorized, 658,548,895 and 654,739,267 shares issued as of August 31, 2020 and August 31, 2019, respectively | |||||||||||
| Class X ordinary shares, par value $0.0000225 per share, 1,000,000,000 shares authorized, 527,509 and 609,404 shares issued and outstanding as of August 31, 2020 and August 31, 2019, respectively | |||||||||||
| Restricted share units | |||||||||||
| Additional paid-in capital | |||||||||||
| Treasury shares, at cost: Ordinary, 40,000 shares as of August 31, 2020 and August 31, 2019; Class A ordinary, 24,383,369 and 18,964,863 shares as of August 31, 2020 and August 31, 2019, respectively | ( | ( | |||||||||
| Retained earnings | |||||||||||
| Accumulated other comprehensive loss | ( | ( | |||||||||
| Total Accenture plc shareholders’ equity | |||||||||||
| Noncontrolling interests | |||||||||||
| Total shareholders’ equity | |||||||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | $ | |||||||||
Consolidated Financial Statements (In thousands of U.S. dollars, except share and per share amounts) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-6 | ||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| REVENUES: | |||||||||||||||||
| Revenues | $ | $ | $ | ||||||||||||||
| OPERATING EXPENSES: | |||||||||||||||||
| Cost of services | |||||||||||||||||
| Sales and marketing | |||||||||||||||||
| General and administrative costs | |||||||||||||||||
| Total operating expenses | |||||||||||||||||
| OPERATING INCOME | |||||||||||||||||
| Interest income | |||||||||||||||||
| Interest expense | ( | ( | ( | ||||||||||||||
| Other income (expense), net | ( | ( | |||||||||||||||
| INCOME BEFORE INCOME TAXES | |||||||||||||||||
| Income tax expense | |||||||||||||||||
| NET INCOME | |||||||||||||||||
| Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. | ( | ( | ( | ||||||||||||||
| Net income attributable to noncontrolling interests – other | ( | ( | ( | ||||||||||||||
| NET INCOME ATTRIBUTABLE TO ACCENTURE PLC | $ | $ | $ | ||||||||||||||
| Weighted average Class A ordinary shares: | |||||||||||||||||
| Basic | |||||||||||||||||
| Diluted | |||||||||||||||||
| Earnings per Class A ordinary share: | |||||||||||||||||
| Basic | $ | $ | $ | ||||||||||||||
| Diluted | $ | $ | $ | ||||||||||||||
| Cash dividends per share | $ | $ | $ | ||||||||||||||
Consolidated Financial Statements (In thousands of U.S. dollars) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-7 | ||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| NET INCOME | $ | $ | $ | ||||||||||||||
| OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX: | |||||||||||||||||
| Foreign currency translation | ( | ( | |||||||||||||||
| Defined benefit plans | ( | ||||||||||||||||
| Cash flow hedges | ( | ||||||||||||||||
| Investments | ( | ( | |||||||||||||||
| OTHER COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ACCENTURE PLC | ( | ( | |||||||||||||||
| Other comprehensive income (loss) attributable to noncontrolling interests | ( | ( | |||||||||||||||
| COMPREHENSIVE INCOME | $ | $ | $ | ||||||||||||||
| COMPREHENSIVE INCOME ATTRIBUTABLE TO ACCENTURE PLC | $ | $ | $ | ||||||||||||||
| Comprehensive income attributable to noncontrolling interests | |||||||||||||||||
| COMPREHENSIVE INCOME | $ | $ | $ | ||||||||||||||
Consolidated Financial Statements (In thousands of U.S. dollars and share amounts) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-8 | ||||||||||
| Ordinary Shares | Class A Ordinary Shares | Class X Ordinary Shares | Restricted Share Units | Additional Paid-in Capital | Treasury Shares | Accumulated Other Comprehensive Loss | Total Accenture plc Shareholders’ Equity | Noncontrolling Interests | Total Shareholders’ Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $ | No. Shares | $ | No. Shares | $ | No. Shares | $ | No. Shares | Retained Earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance as of August 31, 2017 | $ | $ | $ | $ | $ | $ | ( | ( | $ | $ | ( | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive income (loss) | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchases of Class A ordinary shares | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cancellation of treasury shares | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Issuances of Class A ordinary shares: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Employee share programs | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Upon redemption of Accenture Holdings plc ordinary shares | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividends | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other, net | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance as of August 31, 2018 | $ | $ | $ | $ | $ | $ | ( | ( | $ | $ | ( | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidated Financial Statements (In thousands of U.S. dollars and share amounts) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-9 | ||||||||||
| Ordinary Shares | Class A Ordinary Shares | Class X Ordinary Shares | Restricted Share Units | Additional Paid-in Capital | Treasury Shares | Accumulated Other Comprehensive Loss | Total Accenture plc Shareholders’ Equity | Noncontrolling Interests | Total Shareholders’ Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $ | No. Shares | $ | No. Shares | $ | No. Shares | $ | No. Shares | Retained Earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cumulative effect adjustment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive income (loss) | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchases of Class A shares | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cancellation of treasury shares | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchases/redemptions of Accenture Canada Holdings Inc. exchangeable shares and Class X shares | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Issuances of Class A shares for employee share programs | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividends | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other, net | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance as of August 31, 2019 | $ | $ | $ | $ | $ | $ | ( | ( | $ | $ | ( | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidated Financial Statements (In thousands of U.S. dollars and share amounts) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-10 | ||||||||||
| Ordinary Shares | Class A Ordinary Shares | Class X Ordinary Shares | Restricted Share Units | Additional Paid-in Capital | Treasury Shares | Accumulated Other Comprehensive Loss | Total Accenture plc Shareholders’ Equity | Noncontrolling Interests | Total Shareholders’ Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $ | No. Shares | $ | No. Shares | $ | No. Shares | $ | No. Shares | Retained Earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive income (loss) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchases of Class A shares | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cancellation of treasury shares | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchases/redemptions of Accenture Canada Holdings Inc. exchangeable shares and Class X shares | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Issuances of Class A shares for employee share programs | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividends | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other, net | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance as of August 31, 2020 | $ | $ | $ | $ | $ | $ | ( | ( | $ | $ | ( | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidated Financial Statements (In thousands of U.S. dollars) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-11 | ||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||||||||
| Net income | $ | $ | $ | ||||||||||||||
| Adjustments to reconcile Net income to Net cash provided by (used in) operating activities— | |||||||||||||||||
| Depreciation, amortization and other | |||||||||||||||||
| Share-based compensation expense | |||||||||||||||||
| Deferred tax expense (benefit) | ( | ||||||||||||||||
| Other, net | ( | ( | |||||||||||||||
| Change in assets and liabilities, net of acquisitions— | |||||||||||||||||
| Receivables and contract assets, current and non-current | ( | ( | |||||||||||||||
| Other current and non-current assets | ( | ( | ( | ||||||||||||||
| Accounts payable | ( | ( | |||||||||||||||
| Deferred revenues, current and non-current | |||||||||||||||||
| Accrued payroll and related benefits | ( | ||||||||||||||||
| Income taxes payable, current and non-current | ( | ||||||||||||||||
| Other current and non-current liabilities | ( | ||||||||||||||||
| Net cash provided by (used in) operating activities | |||||||||||||||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||||||||
| Purchases of property and equipment | ( | ( | ( | ||||||||||||||
| Purchases of businesses and investments, net of cash acquired | ( | ( | ( | ||||||||||||||
| Proceeds from sales of businesses and investments | |||||||||||||||||
| Other investing, net | |||||||||||||||||
| Net cash provided by (used in) investing activities | ( | ( | ( | ||||||||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||||||||
| Proceeds from issuance of shares | |||||||||||||||||
| Purchases of shares | ( | ( | ( | ||||||||||||||
| Proceeds from (repayments of) long-term debt, net | ( | ( | ( | ||||||||||||||
| Cash dividends paid | ( | ( | ( | ||||||||||||||
| Other, net | ( | ( | ( | ||||||||||||||
| Net cash provided by (used in) financing activities | ( | ( | ( | ||||||||||||||
| Effect of exchange rate changes on cash and cash equivalents | ( | ( | |||||||||||||||
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||||||||||
CASH AND CASH EQUIVALENTS, beginning of period | |||||||||||||||||
CASH AND CASH EQUIVALENTS, end of period | $ | $ | $ | ||||||||||||||
| SUPPLEMENTAL CASH FLOW INFORMATION: | |||||||||||||||||
| Interest paid | $ | $ | $ | ||||||||||||||
| Income taxes paid, net | $ | $ | $ | ||||||||||||||
Notes To Consolidated Financial Statements (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-12 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-13 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-14 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-15 | ||||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||
| Equity method investments | $ | $ | |||||||||
| Investments without readily determinable fair values | |||||||||||
| Total non-current investments | $ | $ | |||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-16 | ||||||||||
| Computers, related equipment and software | 2 to 7 years | ||||
| Furniture and fixtures | 5 to 10 years | ||||
| Leasehold improvements | |||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| Research and development costs | $ | $ | $ | ||||||||||||||
| Advertising costs (1) | |||||||||||||||||
| Provision for (release of) doubtful accounts (2) | ( | ||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-17 | ||||||||||
| Balance Sheet | Balance as of August 31, 2019 | Adjustments due to ASU 2016-02 (Topic 842) | Balance as of September 1, 2019 | ||||||||||||||
| CURRENT ASSETS | |||||||||||||||||
| Other current assets | $ | $ | ( | $ | |||||||||||||
| NON-CURRENT ASSETS | |||||||||||||||||
| Lease assets | |||||||||||||||||
| Other non-current assets | ( | ||||||||||||||||
| CURRENT LIABILITIES | |||||||||||||||||
| Lease liabilities | |||||||||||||||||
| Other accrued liabilities | ( | ||||||||||||||||
| NON-CURRENT LIABILITIES | |||||||||||||||||
| Lease liabilities | |||||||||||||||||
| Other non-current liabilities | ( | ||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-18 | ||||||||||
| As of August 31, 2020 | As of August 31, 2019 | ||||||||||
| Receivables, net of allowance | $ | $ | |||||||||
| Contract assets (current) | |||||||||||
| Receivables and contract assets (current) | |||||||||||
| Contract assets (non-current) | |||||||||||
| Deferred revenues (current) | |||||||||||
| Deferred revenues (non-current) | |||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-19 | ||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| Basic Earnings per share | |||||||||||||||||
| Net income attributable to Accenture plc | $ | $ | $ | ||||||||||||||
| Basic weighted average Class A ordinary shares | |||||||||||||||||
| Basic earnings per share | $ | $ | $ | ||||||||||||||
| Diluted Earnings per share | |||||||||||||||||
| Net income attributable to Accenture plc | $ | $ | $ | ||||||||||||||
| Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. (1) | |||||||||||||||||
| Net income for diluted earnings per share calculation | $ | $ | $ | ||||||||||||||
| Basic weighted average Class A ordinary shares | |||||||||||||||||
| Class A ordinary shares issuable upon redemption/exchange of noncontrolling interests (1) | |||||||||||||||||
| Diluted effect of employee compensation related to Class A ordinary shares | |||||||||||||||||
| Diluted effect of share purchase plans related to Class A ordinary shares | |||||||||||||||||
| Diluted weighted average Class A ordinary shares | |||||||||||||||||
| Diluted earnings per share | $ | $ | $ | ||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-20 | ||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| Foreign currency translation | |||||||||||||||||
| Beginning balance | $ | ( | $ | ( | $ | ( | |||||||||||
| Foreign currency translation | ( | ( | |||||||||||||||
| Income tax benefit (expense) | ( | ( | |||||||||||||||
| Portion attributable to noncontrolling interests | ( | ||||||||||||||||
| Foreign currency translation, net of tax | ( | ( | |||||||||||||||
| Ending balance | ( | ( | ( | ||||||||||||||
| Defined benefit plans | |||||||||||||||||
| Beginning balance | ( | ( | ( | ||||||||||||||
| Actuarial gains (losses) | ( | ||||||||||||||||
| Pension settlement | |||||||||||||||||
| Prior service costs arising during the period | ( | ( | |||||||||||||||
| Reclassifications into net periodic pension and post-retirement expense (1) | |||||||||||||||||
| Income tax benefit (expense) | ( | ( | |||||||||||||||
| Portion attributable to noncontrolling interests | ( | ( | |||||||||||||||
| Defined benefit plans, net of tax | ( | ||||||||||||||||
| Ending balance | ( | ( | ( | ||||||||||||||
| Cash flow hedges | |||||||||||||||||
| Beginning balance | ( | ||||||||||||||||
| Unrealized gain (loss) | ( | ||||||||||||||||
| Reclassification adjustments into Cost of services | ( | ( | ( | ||||||||||||||
| Income tax benefit (expense) | ( | ||||||||||||||||
| Portion attributable to noncontrolling interests | ( | ( | |||||||||||||||
| Cash flow hedges, net of tax | ( | ||||||||||||||||
| Ending balance (2) | ( | ||||||||||||||||
| Investments | |||||||||||||||||
| Beginning balance | |||||||||||||||||
| Unrealized gain (loss) | ( | ( | |||||||||||||||
| Income tax benefit (expense) | ( | ||||||||||||||||
| Portion attributable to noncontrolling interests | ( | ||||||||||||||||
| Investments, net of tax | ( | ( | |||||||||||||||
| Ending balance | ( | ||||||||||||||||
| Accumulated other comprehensive loss | $ | ( | $ | ( | $ | ( | |||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-21 | ||||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||
| Buildings and land | $ | $ | |||||||||
| Computers, related equipment and software | |||||||||||
| Furniture and fixtures | |||||||||||
| Leasehold improvements | |||||||||||
| Property and equipment, gross | |||||||||||
| Total accumulated depreciation | ( | ( | |||||||||
| Property and equipment, net | $ | $ | |||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| Total consideration | $ | $ | $ | ||||||||||||||
| Goodwill | |||||||||||||||||
| Intangible assets | |||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-22 | ||||||||||
| August 31, 2018 | Additions/ Adjustments | Foreign Currency Translation | August 31, 2019 | Additions/ Adjustments | Foreign Currency Translation | August 31, 2020 | |||||||||||||||||||||||||||||||||||
| GEOGRAPHIC MARKETS (1) | |||||||||||||||||||||||||||||||||||||||||
| North America | $ | $ | $ | ( | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||
| Europe | ( | ||||||||||||||||||||||||||||||||||||||||
| Growth Markets | ( | ||||||||||||||||||||||||||||||||||||||||
| Total | $ | $ | $ | ( | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||
| August 31, 2019 | August 31, 2020 | |||||||||||||||||||||||||||||||||||||
| Intangible Asset Class | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | ||||||||||||||||||||||||||||||||
| Customer-related | $ | $ | ( | $ | $ | $ | ( | $ | ||||||||||||||||||||||||||||||
| Technology | ( | ( | ||||||||||||||||||||||||||||||||||||
| Patents | ( | ( | ||||||||||||||||||||||||||||||||||||
| Other | ( | ( | ||||||||||||||||||||||||||||||||||||
| Total | $ | $ | ( | $ | $ | $ | ( | $ | ||||||||||||||||||||||||||||||
| Fiscal Year | Estimated Amortization | |||||||
| 2021 | $ | |||||||
| 2022 | ||||||||
| 2023 | ||||||||
| 2024 | ||||||||
| 2025 | ||||||||
| Thereafter | ||||||||
| Total | $ | |||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-23 | ||||||||||
| Fiscal 2020 | |||||
| Operating lease cost | $ | ||||
| Variable lease cost | |||||
| Sublease income | ( | ||||
| $ | |||||
| Fiscal 2020 | |||||
| Lease liability payments | $ | ||||
| Lease assets obtained in exchange for liabilities | $ | ||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-24 | ||||||||||
| Lease Payments | Sublease Receipts | ||||||||||
| 2021 | $ | $ | ( | ||||||||
| 2022 | ( | ||||||||||
| 2023 | ( | ||||||||||
| 2024 | ( | ||||||||||
| 2025 | ( | ||||||||||
| Thereafter | ( | ||||||||||
| Total lease payments (receipts) | $ | ( | |||||||||
| Less interest | ( | ||||||||||
| Total lease liabilities | $ | ||||||||||
| Lease Payments | Sublease Receipts | ||||||||||
| 2020 | $ | $ | ( | ||||||||
| 2021 | ( | ||||||||||
| 2022 | ( | ||||||||||
| 2023 | ( | ||||||||||
| 2024 | ( | ||||||||||
| Thereafter | ( | ||||||||||
| $ | $ | ( | |||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-25 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-26 | ||||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||
| Assets | |||||||||||
| Cash Flow Hedges | |||||||||||
| Other current assets | $ | $ | |||||||||
| Other non-current assets | |||||||||||
| Other Derivatives | |||||||||||
| Other current assets | |||||||||||
| Total assets | $ | $ | |||||||||
| Liabilities | |||||||||||
| Cash Flow Hedges | |||||||||||
| Other accrued liabilities | $ | $ | |||||||||
| Other non-current liabilities | |||||||||||
| Other Derivatives | |||||||||||
| Other accrued liabilities | |||||||||||
| Total liabilities | $ | $ | |||||||||
| Total fair value | $ | $ | |||||||||
| Total notional value | $ | $ | |||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||
| Net derivative assets | $ | $ | |||||||||
| Net derivative liabilities | |||||||||||
| Total fair value | $ | $ | |||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-27 | ||||||||||
| Facility Amount | Borrowings Under Facilities | ||||||||||
| Syndicated loan facility (1) | $ | $ | |||||||||
| 364-day syndicated loan facility (2) | |||||||||||
| Separate, uncommitted, unsecured multicurrency revolving credit facilities (3) | |||||||||||
| Local guaranteed and non-guaranteed lines of credit (4) | |||||||||||
| Total | $ | $ | |||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-28 | ||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| Current taxes | |||||||||||||||||
| U.S. federal | $ | $ | $ | ||||||||||||||
| U.S. state and local | |||||||||||||||||
| Non-U.S. | |||||||||||||||||
| Total current tax expense | |||||||||||||||||
| Deferred taxes | |||||||||||||||||
| U.S. federal | ( | ||||||||||||||||
| U.S. state and local | ( | ||||||||||||||||
| Non-U.S. | ( | ||||||||||||||||
| Total deferred tax (benefit) expense | ( | ||||||||||||||||
| Total | $ | $ | $ | ||||||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| U.S. sources | $ | $ | $ | ||||||||||||||
| Non-U.S. sources | |||||||||||||||||
| Total | $ | $ | $ | ||||||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| U.S. federal statutory income tax rate | % | % | % | ||||||||||||||
| U.S. state and local taxes, net | |||||||||||||||||
| Non-U.S. operations taxed at other rates | ( | ||||||||||||||||
| Final determinations (1) | ( | ( | ( | ||||||||||||||
| Other net activity in unrecognized tax benefits | |||||||||||||||||
| Excess tax benefits from share based payments | ( | ( | ( | ||||||||||||||
| Changes in tax laws and rates | ( | ||||||||||||||||
| Other, net | |||||||||||||||||
| Effective income tax rate | % | % | % | ||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-29 | ||||||||||
| August 31, 2020 | August 31, 2019 (1) | ||||||||||
| Deferred tax assets | |||||||||||
| Pensions | $ | $ | |||||||||
| Revenue recognition | |||||||||||
| Compensation and benefits | |||||||||||
| Share-based compensation | |||||||||||
| Tax credit carryforwards | |||||||||||
| Net operating loss carryforwards | |||||||||||
| Deferred amortization deductions | |||||||||||
| Indirect effects of unrecognized tax benefits | |||||||||||
| Licenses and other intangibles | |||||||||||
| Leases | |||||||||||
| Other | |||||||||||
| Total deferred tax assets | |||||||||||
| Valuation allowance | ( | ( | |||||||||
| Deferred tax assets, net of valuation allowance | |||||||||||
| Deferred tax liabilities | |||||||||||
| Investments in subsidiaries | ( | ( | |||||||||
| Intangibles | ( | ( | |||||||||
| Leases | ( | ( | |||||||||
| Other | ( | ( | |||||||||
| Total deferred tax liabilities | ( | ( | |||||||||
| Net deferred tax assets | $ | $ | |||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-30 | ||||||||||
| Fiscal | |||||||||||
| 2020 | 2019 | ||||||||||
| Balance, beginning of year | $ | $ | |||||||||
| Additions for tax positions related to the current year | |||||||||||
| Additions for tax positions related to prior years | |||||||||||
| Reductions for tax positions related to prior years | ( | ( | |||||||||
| Statute of limitations expirations | ( | ( | |||||||||
| Settlements with tax authorities | ( | ( | |||||||||
| Foreign currency translation | ( | ||||||||||
| Balance, end of year | $ | $ | |||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-31 | ||||||||||
| Pension Plans | Postretirement Plans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | August 31, 2018 | August 31, 2020 | August 31, 2019 | August 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | U.S. and Non-U.S. Plans | U.S. and Non-U.S. Plans | U.S. and Non-U.S. Plans | |||||||||||||||||||||||||||||||||||||||||||||
| Discount rate for determining projected benefit obligation | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
| Discount rate for determining net periodic pension expense | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
| Long term rate of return on plan assets | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
| Rate of increase in future compensation for determining projected benefit obligation | % | % | % | % | % | % | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||
| Rate of increase in future compensation for determining net periodic pension expense | % | % | % | % | % | % | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-32 | ||||||||||
| Pension Plans | Postretirement Plans | ||||||||||||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | August 31, 2020 | August 31, 2019 | ||||||||||||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | U.S. and Non-U.S. Plans | U.S. and Non-U.S. Plans | ||||||||||||||||||||||||||||||
| Reconciliation of benefit obligation | |||||||||||||||||||||||||||||||||||
| Benefit obligation, beginning of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Service cost | |||||||||||||||||||||||||||||||||||
| Interest cost | |||||||||||||||||||||||||||||||||||
| Participant contributions | |||||||||||||||||||||||||||||||||||
| Acquisitions/divestitures/transfers | |||||||||||||||||||||||||||||||||||
| Amendments | |||||||||||||||||||||||||||||||||||
| Curtailment | ( | ||||||||||||||||||||||||||||||||||
| Pension settlement | ( | ( | |||||||||||||||||||||||||||||||||
| Actuarial (gain) loss | ( | ||||||||||||||||||||||||||||||||||
| Benefits paid | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Exchange rate impact | ( | ( | |||||||||||||||||||||||||||||||||
| Benefit obligation, end of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Reconciliation of fair value of plan assets | |||||||||||||||||||||||||||||||||||
| Fair value of plan assets, beginning of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Actual return on plan assets | |||||||||||||||||||||||||||||||||||
| Acquisitions/divestitures/transfers | |||||||||||||||||||||||||||||||||||
| Employer contributions | |||||||||||||||||||||||||||||||||||
| Participant contributions | |||||||||||||||||||||||||||||||||||
| Pension settlement | ( | ||||||||||||||||||||||||||||||||||
| Benefits paid | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Exchange rate impact | ( | ||||||||||||||||||||||||||||||||||
| Other | — | ( | — | — | — | — | |||||||||||||||||||||||||||||
| Fair value of plan assets, end of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Funded status, end of year | $ | ( | $ | ( | $ | ( | $ | ( | $ | ( | $ | ( | |||||||||||||||||||||||
| Amounts recognized in the Consolidated Balance Sheets | |||||||||||||||||||||||||||||||||||
| Non-current assets | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Current liabilities | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Non-current liabilities | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Funded status, end of year | $ | ( | $ | ( | $ | ( | $ | ( | $ | ( | $ | ( | |||||||||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-33 | ||||||||||
| Pension Plans | Postretirement Plans | ||||||||||||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | August 31, 2020 | August 31, 2019 | ||||||||||||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | U.S. and Non-U.S. Plans | U.S. and Non-U.S. Plans | ||||||||||||||||||||||||||||||
| Net loss | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Prior service (credit) cost | |||||||||||||||||||||||||||||||||||
| Accumulated other comprehensive loss, pre-tax | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | ||||||||||||||||||||
| Accumulated benefit obligation | $ | $ | $ | $ | |||||||||||||||||||
| Pension Plans | Postretirement Plans | ||||||||||||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | August 31, 2020 | August 31, 2019 | ||||||||||||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | U.S. and Non-U.S. Plans | U.S. and Non-U.S. Plans | ||||||||||||||||||||||||||||||
| Projected benefit obligation in excess of plan assets | |||||||||||||||||||||||||||||||||||
| Projected benefit obligation | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Fair value of plan assets | |||||||||||||||||||||||||||||||||||
| August 31, 2020 | August 31, 2019 | ||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | ||||||||||||||||||||
| Accumulated benefit obligation in excess of plan assets | |||||||||||||||||||||||
| Accumulated benefit obligation | $ | $ | $ | $ | |||||||||||||||||||
| Fair value of plan assets | |||||||||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-34 | ||||||||||
| 2021 Target Allocation | 2020 | 2019 | |||||||||||||||||||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | U.S. Plans | Non-U.S. Plans | ||||||||||||||||||||||||||||||
| Asset Category | |||||||||||||||||||||||||||||||||||
| Equity securities | % | % | % | % | % | % | |||||||||||||||||||||||||||||
| Debt securities | |||||||||||||||||||||||||||||||||||
| Cash and short-term investments | |||||||||||||||||||||||||||||||||||
| Insurance contracts | |||||||||||||||||||||||||||||||||||
| Other | |||||||||||||||||||||||||||||||||||
| Total | % | % | % | % | % | % | |||||||||||||||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-35 | ||||||||||
| Non-U.S. Plans | |||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||
| Equity | |||||||||||||||||||||||
| Mutual fund equity securities | $ | $ | $ | $ | |||||||||||||||||||
| Fixed Income | |||||||||||||||||||||||
| Non-U.S. government debt securities | |||||||||||||||||||||||
| Non-U.S. corporate debt securities | |||||||||||||||||||||||
| Mutual fund debt securities | |||||||||||||||||||||||
| Cash and short-term investments | |||||||||||||||||||||||
| Insurance contracts | |||||||||||||||||||||||
| Other | |||||||||||||||||||||||
| Total | $ | $ | $ | $ | |||||||||||||||||||
| Level 3 Assets | Fiscal 2020 | ||||
| Beginning balance | $ | ||||
| Changes in fair value | |||||
| Ending Balance | $ | ||||
| Non-U.S. Plans | |||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||
| Equity | |||||||||||||||||||||||
| Mutual fund equity securities | $ | $ | $ | $ | |||||||||||||||||||
| Fixed Income | |||||||||||||||||||||||
| Non-U.S. government debt securities | |||||||||||||||||||||||
| Non-U.S. corporate debt securities | |||||||||||||||||||||||
| Mutual fund debt securities | |||||||||||||||||||||||
| Cash and short-term investments | |||||||||||||||||||||||
| Insurance contracts | |||||||||||||||||||||||
| Other | |||||||||||||||||||||||
| Total | $ | $ | $ | $ | |||||||||||||||||||
| Level 3 Assets | Fiscal 2019 | ||||
| Beginning balance | $ | ||||
| Purchases, sales and settlements | |||||
| Changes in fair value | |||||
| Ending Balance | $ | ||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-36 | ||||||||||
| Pension Plans | Postretirement Plans | ||||||||||||||||
| U.S. Plans | Non-U.S. Plans | U.S. and Non-U.S. Plans | |||||||||||||||
| 2021 | $ | $ | $ | ||||||||||||||
| 2022 | |||||||||||||||||
| 2023 | |||||||||||||||||
| 2024 | |||||||||||||||||
| 2025 | |||||||||||||||||
| 2026-2030 | |||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-37 | ||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 | |||||||||||||||
| Total share-based compensation expense included in Net income | $ | $ | $ | ||||||||||||||
| Income tax benefit related to share-based compensation included in Net income | |||||||||||||||||
| Number of Restricted Share Units | Weighted Average Grant-Date Fair Value | ||||||||||
| Nonvested balance as of August 31, 2019 | $ | ||||||||||
| Granted (1) | |||||||||||
| Vested (2) | ( | ||||||||||
| Forfeited | ( | ||||||||||
| Nonvested balance as of August 31, 2020 | $ | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-38 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-39 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-40 | ||||||||||
| Accenture plc Class A Ordinary Shares | Accenture Canada Holdings Inc. Exchangeable Shares | ||||||||||||||||||||||
| Shares | Amount | Shares | Amount | ||||||||||||||||||||
| Open-market share purchases (1) | $ | $ | |||||||||||||||||||||
| Other share purchase programs | |||||||||||||||||||||||
| Other purchases (2) | |||||||||||||||||||||||
| Total | $ | $ | |||||||||||||||||||||
| Dividend Per Share | Accenture plc Class A Ordinary Shares | Accenture Canada Holdings Inc. Exchangeable Shares | Total Cash Outlay | |||||||||||||||||||||||||||||||||||
| Dividend Payment Date | Record Date | Cash Outlay | Record Date | Cash Outlay | ||||||||||||||||||||||||||||||||||
| $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||
| Total Dividends | $ | $ | $ | |||||||||||||||||||||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-41 | ||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-42 | ||||||||||
| Fiscal 2020 | North America | Europe | Growth Markets | Total | |||||||||||||||||||
| Revenues | $ | $ | $ | $ | |||||||||||||||||||
| Depreciation and amortization (1) | |||||||||||||||||||||||
| Operating income | |||||||||||||||||||||||
| Net assets as of August 31 (2) | |||||||||||||||||||||||
| Property & equipment, net | |||||||||||||||||||||||
| Fiscal 2019 | |||||||||||||||||||||||
| Revenues (3) | $ | $ | $ | $ | |||||||||||||||||||
| Depreciation and amortization (1) | |||||||||||||||||||||||
| Operating income | |||||||||||||||||||||||
| Net assets as of August 31 (2) | |||||||||||||||||||||||
| Property & equipment, net | |||||||||||||||||||||||
| Fiscal 2018 | |||||||||||||||||||||||
| Revenues (3) (4) | $ | $ | $ | $ | |||||||||||||||||||
| Depreciation and amortization (1) | |||||||||||||||||||||||
| Operating income (4) | |||||||||||||||||||||||
| Net assets as of August 31 (2) | |||||||||||||||||||||||
| Property & equipment, net | |||||||||||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-43 | ||||||||||
| August 31, 2020 | August 31, 2019 | August 31, 2018 | |||||||||||||||
| United States | % | % | % | ||||||||||||||
| India | |||||||||||||||||
| Ireland | |||||||||||||||||
| Fiscal | |||||||||||||||||
| 2020 | 2019 | 2018 (1) | |||||||||||||||
| INDUSTRY GROUPS | |||||||||||||||||
| Communications, Media & Technology | $ | $ | $ | ||||||||||||||
| Financial Services | |||||||||||||||||
| Health & Public Service | |||||||||||||||||
| Products | |||||||||||||||||
| Resources | |||||||||||||||||
| Other | |||||||||||||||||
| Total | $ | $ | $ | ||||||||||||||
| TYPE OF WORK | |||||||||||||||||
| Consulting | $ | $ | $ | ||||||||||||||
| Outsourcing | |||||||||||||||||
| Total | $ | $ | $ | ||||||||||||||
Notes To Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | |||||||||||
ACCENTURE 2020 FORM 10-K | F-44 | ||||||||||
| Fiscal 2020 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Annual | ||||||||||||||||||||||||
| Revenues | $ | $ | $ | $ | $ | ||||||||||||||||||||||||
| Cost of services | |||||||||||||||||||||||||||||
| Operating income | |||||||||||||||||||||||||||||
| Net income | |||||||||||||||||||||||||||||
| Net income attributable to Accenture plc | |||||||||||||||||||||||||||||
| Weighted average Class A ordinary shares: | |||||||||||||||||||||||||||||
| —Basic | |||||||||||||||||||||||||||||
| —Diluted | |||||||||||||||||||||||||||||
| Earnings per Class A ordinary share: | |||||||||||||||||||||||||||||
| —Basic | $ | $ | $ | $ | $ | ||||||||||||||||||||||||
| —Diluted | $ | $ | $ | $ | $ | ||||||||||||||||||||||||
| Fiscal 2019 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Annual | ||||||||||||||||||||||||
| Revenues | $ | $ | $ | $ | $ | ||||||||||||||||||||||||
| Cost of services | |||||||||||||||||||||||||||||
| Operating income | |||||||||||||||||||||||||||||
| Net income | |||||||||||||||||||||||||||||
| Net income attributable to Accenture plc | |||||||||||||||||||||||||||||
| Weighted average Class A ordinary shares: | |||||||||||||||||||||||||||||
| —Basic | |||||||||||||||||||||||||||||
| —Diluted | |||||||||||||||||||||||||||||
| Earnings per Class A ordinary share: | |||||||||||||||||||||||||||||
| —Basic | $ | $ | $ | $ | $ | ||||||||||||||||||||||||
| —Diluted | $ | $ | $ | $ | $ | ||||||||||||||||||||||||
| Page Number | |||||
INTRODUCTION | |||||
| YOUR ELIGIBILITY FOR SEPARATION BENEFITS | |||||
| SEPARATION AGREEMENT REQUIREMENT | |||||
| SEPARATION BENEFITS PROVIDED UNDER THE PLAN | |||||
| PAYMENT TIMING | |||||
| RETURN OF ACCENTURE PROPERTY/TIME REPORTS | |||||
| IMPACT OF REEMPLOYMENT ON SEPARATION BENEFITS | |||||
| REPAYMENTS AND FORFEITURES | |||||
| OTHER PLANS | |||||
| PLAN ADMINISTRATION | |||||
| BENEFIT DETERMINATIONS | |||||
| AMENDMENT / TERMINATION | |||||
| NO ASSIGNMENT | |||||
| NO EMPLOYMENT RIGHTS | |||||
| NO ADDITIONAL BENEFITS RIGHTS | |||||
| PLAN FUNDING | |||||
| PLAN TYPE / APPLICABLE LAW | |||||
| INFORMATION TO BE FURNISHED BY PARTICIPANTS | |||||
| WORDING | |||||
| MISTAKE OF FACT | |||||
| SEVERABILITY | |||||
| WITHHOLDING | |||||
| BENEFIT CLAIMS PROCEDURES | |||||
| RIGHTS UNDER ERISA | |||||
| INFORMATION REQUIRED BY ERISA | |||||
| CERTIFICATE OF ADOPTION | |||||
| GLOSSARY OF TERMS | |||||
| Base Benefit | Variable Benefit | COBRA Payment | ||||||
6 Months of Pay | 1 Week of Pay for each complete Year of Service (rounded down to last complete Year of Service), but not to exceed 8 Weeks of Pay | $12,000 | ||||||
| Base Benefit | COBRA Payment | ||||
| 4 Months of Pay | $8,000 | ||||
| a. | Name of Plan | Accenture LLP Leadership Separation Benefits Plan | ||||||
| b. | Restated Effective Date | October 1, 2020 | ||||||
| c. | Plan Year | January 1 – December 31 | ||||||
| d. | Plan Number | 702 | ||||||
| e. | Type of Plan | The Plan is an employee welfare benefit plan as defined in Section 3(1) of ERISA. | ||||||
| f. | Plan Sponsor | Accenture LLP 161 North Clark Street Chicago, Illinois 60601 | ||||||
| g. | Plan Sponsor’s Identification No. | 72-0542904 | ||||||
| h. | Plan Administrator | Accenture LLP 161 North Clark Street Chicago, Illinois 60601 Attn: Toni L. Corban (973) 301-1350 | ||||||
| i. | Agent for Service of Legal Process | General Counsel c/o Ronald J. Roberts Accenture LLP 161 North Clark Street 23PrdP Floor Chicago, Illinois 60601 | ||||||
| j. | Separation Agreements/Notices | Signed Separation Agreements or revocation notices should be sent to Accenture using DocuSign or such other method specified in the Separation Agreement. | ||||||
| Any other notices or documents required to be given or filed with Accenture under the Plan will be properly given or filed if delivered or mailed, by registered mail, postage prepaid, to Accenture at: | ||||||||
| Accenture LLP 161 North Clark Street Chicago, Illinois 60601 Attn: Toni L. Corban | ||||||||
| Name | Country of Organization | ||||
| Sistemes Consulting S.L. | Andorra | ||||
| Accenture SRL | Argentina | ||||
| Accenture Service Center SRL | Argentina | ||||
| Insitum Consultoría Argentina SRL | Argentina | ||||
| Accenture Australia Pty Ltd | Australia | ||||
| Accenture Australia Holdings Pty Ltd | Australia | ||||
| Accenture Cloud Solutions Australia Pty Ltd | Australia | ||||
| Accenture Cloud Solutions Pty Ltd | Australia | ||||
| Accenture Solutions Pty Ltd | Australia | ||||
| AlphaBeta Advisors Pty Ltd | Australia | ||||
| Analytics 8 LP | Australia | ||||
| Analytics 8 Pty Ltd | Australia | ||||
| Apis Group Pty Ltd | Australia | ||||
| Artio People Pty Ltd | Australia | ||||
| Artio People (Payroll) Pty Ltd | Australia | ||||
| Avanade Australia Pty Ltd | Australia | ||||
| BCT Solutions Pty Ltd | Australia | ||||
| Icon Integration Pty Ltd | Australia | ||||
| Loud & Clear Creative Pty Ltd | Australia | ||||
| Maud Corp Pty Ltd | Australia | ||||
| The Monkeys Pty Ltd | Australia | ||||
| Octo Technology Pty Ltd | Australia | ||||
| Orbium Pty Ltd | Australia | ||||
| Parker Fitzgerald Pty Ltd | Australia | ||||
| PrimeQ Ltd | Australia | ||||
| PrimeQ Australia Pty Ltd | Australia | ||||
| Redcore Group Holdings Pty Ltd | Australia | ||||
| Redcore Pty Ltd | Australia | ||||
| Simian Pty Ltd | Australia | ||||
| Troop Studios Pty Ltd | Australia | ||||
| Zebra Worldwide Australia Pty Ltd | Australia | ||||
| Accenture GmbH | Austria | ||||
| Avanade Österreich GmbH | Austria | ||||
| maihiro GmbH | Austria | ||||
| Accenture Communications Infrastructure Solutions Ltd | Bangladesh | ||||
| Accenture BPM S.C.R.L. | Belgium | ||||
| Accenture NV/SA | Belgium | ||||
| Accenture Technology Ventures SPRL | Belgium | ||||
| Avanade Belgium SPRL | Belgium | ||||
| Accenture Technologia, Consultoria e Outsourcing S.A. | Bolivia | ||||
| Name | Country of Organization | ||||
| Accenture (Botswana) (Proprietary) Limited | Botswana | ||||
| Accenture Agência Interativa Ltda | Brazil | ||||
| Accenture Consultoria de Industria e Consumo Ltda | Brazil | ||||
| Accenture Consultoria de Recursos Naturais Ltda | Brazil | ||||
| Accenture do Brasil Ltda | Brazil | ||||
| Accenture Holding Brasil Ltda | Brazil | ||||
| Accenture Servicos Administrativos Ltda | Brazil | ||||
| Avanade do Brasil Ltda | Brazil | ||||
| BPO Servicos Administrativos Ltda | Brazil | ||||
| Concrete Desenvolvimento de Sistemas Ltda | Brazil | ||||
| Concrete Solutions Ltda | Brazil | ||||
| Decorado Marketplace Ltda-EPP | Brazil | ||||
| Gapso Serviços de Informática Ltda | Brazil | ||||
| New Content Editora e Produtora Ltda | Brazil | ||||
| Organize Informação Ltda. | Brazil | ||||
| Vivere Brasil Serviços e Soluções SA | Brazil | ||||
| Accenture Bulgaria EOOD | Bulgaria | ||||
| Accenture Business Services for Utilities Inc | Canada | ||||
| Accenture Business Services of British Columbia Limited Partnership | Canada | ||||
| Accenture Canada Holdings Inc | Canada | ||||
| Accenture Inc | Canada | ||||
| Accenture Nova Scotia Unlimited Liability Co. | Canada | ||||
| Avanade Canada Inc | Canada | ||||
| Callisto Integration Ltd. | Canada | ||||
| Kurt Salmon Canada Ltd | Canada | ||||
| PCO Innovation Canada Inc. | Canada | ||||
| Accenture Chile Asesorias y Servicios Ltda | Chile | ||||
| Neo Metrics Chile, S.A. | Chile | ||||
| Shackleton Chile, S.A. | Chile | ||||
| Accenture (China) Co., Ltd. | China | ||||
| Accenture Enterprise Development (Shanghai) Co., Ltd. | China | ||||
| Accenture (Shenzhen) Technology Co., Ltd. | China | ||||
| Accenture Technology Solutions (Dalian) Co., Ltd. | China | ||||
| Aorui Advertising (Shanghai) Co., Ltd. | China | ||||
| Avanade (Guangzhou) Computer Technology Development Co., Ltd. | China | ||||
| Beijing Zhidao Future Consulting Co., Ltd | China | ||||
| Chengdu Mensa Advertising Co., Ltd. | China | ||||
| CreativeDrive Digital Content Services (Shenzhen) Co, Ltd. | China | ||||
| designaffairs Business Consulting (Shanghai) Co., Ltd. | China | ||||
| FutureMove Automotive Co., Ltd. | China | ||||
| FutureMove (Beijing) Automotive Technology Co., Ltd. | China | ||||
| Hangzhou Aiyunzhe Technology Co., Ltd. | China | ||||
| Hangzhou Qijia Cloud Computing Co., Ltd. | China | ||||
| Inventor Advertisement (Beijing) Co., Ltd. | China | ||||
| Mackevision CG Technology and Service (Shanghai) Co., Ltd. | China | ||||
| Nanjing Demeng Advertising Co., Ltd. | China | ||||
| Qi Jie Beijing Information Technologies Co., Ltd. | China | ||||
| Shanghai Baiyue Advertising Co., Ltd. | China | ||||
| Name | Country of Organization | ||||
| Shun Zhe Technology Development Co., Ltd. | China | ||||
| ?What If! Shanghai Co., Ltd. | China | ||||
| Zielpuls (Shanghai) Co., Ltd. | China | ||||
| Accenture Ltda | Colombia | ||||
| Insitum Consultoría Colombia SAS | Colombia | ||||
| Accenture S.R.L. | Costa Rica | ||||
| Accenture Services SRL | Costa Rica | ||||
| Double Digit Limitada | Costa Rica | ||||
| Lumenup S.A. | Costa Rica | ||||
| Accenture Business and Technology Services LLC | Croatia | ||||
| Accenture Services s.r.o. | Czech Republic | ||||
| SinnerSchrader Praha s.r.o. | Czech Republic | ||||
| Accenture A/S | Denmark | ||||
| Avanade Denmark A/S | Denmark | ||||
| Filmproduction ApS | Denmark | ||||
| Hjaltelin Stahl K/S | Denmark | ||||
| Odgaard ApS | Denmark | ||||
| Pegasus Production K/S | Denmark | ||||
| Accenture Ecuador S.A. | Ecuador | ||||
| Accenture Egypt LLC | Egypt | ||||
| Accenture Oy | Finland | ||||
| Accenture Services Oy | Finland | ||||
| Accenture Technology Solutions Oy | Finland | ||||
| Avanade Finland Oy | Finland | ||||
| Paja Finanssipalvelut Oy | Finland | ||||
| Accenture Customer Services Distribution SASU | France | ||||
| Accenture Holdings France SASU | France | ||||
| Accenture Post Trade Processing SASU | France | ||||
| Accenture SASU | France | ||||
| Accenture Technology Solutions SASU | France | ||||
| Altima SASU | France | ||||
| Appaloosa Technology SASU | France | ||||
| Avanade France SASU | France | ||||
| Digiplug SASU | France | ||||
| Enterprise System Partners SASU | France | ||||
| Gekko SAS | France | ||||
| Octo Technology SA | France | ||||
| Sentelis SAS | France | ||||
| Silveo Holding SASU | France | ||||
| Zebra Worldwide SAS | France | ||||
| 2FI Systeme SAS | France | ||||
| Accenture Cloud Services GmbH | Germany | ||||
| Accenture Dienstleistungen GmbH | Germany | ||||
| Accenture Digital Holdings GmbH | Germany | ||||
| Accenture GmbH | Germany | ||||
| Accenture Holding GmbH & Co. KG | Germany | ||||
| Accenture Management GmbH | Germany | ||||
| Accenture Services GmbH | Germany | ||||
| Name | Country of Organization | ||||
| Accenture Technology Solutions GmbH | Germany | ||||
| Avanade Deutschland GmbH | Germany | ||||
| designaffairs GmbH | Germany | ||||
| ESR Labs AG | Germany | ||||
| Kolle Rebbe GmbH | Germany | ||||
| Mackevision Medien Design GmbH | Germany | ||||
| maihiro GmbH | Germany | ||||
| SinnerSchrader AG | Germany | ||||
| SinnerSchrader Content GmbH | Germany | ||||
| SinnerSchrader Deutschland GmbH | Germany | ||||
| Zielpuls GmbH | Germany | ||||
| Accenture Ghana Limited | Ghana | ||||
| Accenture plc | Gibraltar | ||||
| Accenture BPM Operations Support Services S.A. | Greece | ||||
| Accenture Single Member S.A. Organization, Information, Technology & Business Development | Greece | ||||
| Accenture Company Ltd | Hong Kong | ||||
| Accenture Technology Solutions (HK) Co. Ltd. | Hong Kong | ||||
| Altima Asia Ltd. | Hong Kong | ||||
| Avanade Hong Kong Ltd | Hong Kong | ||||
| AvantBiz Consulting Ltd | Hong Kong | ||||
| designaffairs group China Co. Ltd. | Hong Kong | ||||
| DMA Solutions Ltd | Hong Kong | ||||
| Inventor Technology Ltd | Hong Kong | ||||
| LemonXL Ltd | Hong Kong | ||||
| Most Champion Ltd | Hong Kong | ||||
| Orbium Ltd | Hong Kong | ||||
| PacificLink iMedia Ltd | Hong Kong | ||||
| Pixo Punch Ltd | Hong Kong | ||||
| Seabury Aviation & Aerospace Asia (Hong Kong) Limited | Hong Kong | ||||
| Vertical Retail Consulting Ltd. | Hong Kong | ||||
| Accenture Hungary Holdings Kft | Hungary | ||||
| Accenture Industrial Software Solutions Kft | Hungary | ||||
| Accenture Tanacsado Kolatolt Felelossegu Tarsasag | Hungary | ||||
| Accenture Solutions Private Limited | India | ||||
| Altius Data Solutions Private Limited | India | ||||
| Byte Prophecy Private Limited | India | ||||
| DAZSI Systems (India) Pvt. Limited | India | ||||
| Intrigo Systems India Pvt. Limited | India | ||||
| Kogentix Technologies Private Limited | India | ||||
| Silveo Consulting India Private Limited | India | ||||
| SolutionsIQ India Consulting Services Private Limited | India | ||||
| PT Accenture | Indonesia | ||||
| PT Asta Catur Indra | Indonesia | ||||
| PT Kogentix Teknologi Indonesia | Indonesia | ||||
| Accenture Capital Designated Activity Company | Ireland | ||||
| Accenture Defined Benefit Pension Plan Trustees Ltd | Ireland | ||||
| Accenture Defined Contribution Pension Plan Trustees Ltd | Ireland | ||||
| Accenture Finance Limited | Ireland | ||||
| Name | Country of Organization | ||||
| Accenture Finance II Ltd | Ireland | ||||
| Accenture Global Capital Designated Activity Company | Ireland | ||||
| Accenture Global Engagements Limited | Ireland | ||||
| Accenture Global Holdings Ltd. | Ireland | ||||
| Accenture Global Services Ltd | Ireland | ||||
| Accenture Global Solutions Ltd | Ireland | ||||
| Accenture International Limited | Ireland | ||||
| Accenture Limited | Ireland | ||||
| Accenture Participations II Limited | Ireland | ||||
| Avanade Ireland Limited | Ireland | ||||
| Enterprise System Partners Limited | Ireland | ||||
| Exactside Limited | Ireland | ||||
| Rothco Holdings Designated Activity Company | Ireland | ||||
| Rothco Limited | Ireland | ||||
| Tadata Creative Unlimited Company | Ireland | ||||
| Tara Risk Designated Activity Company | Ireland | ||||
| Accenture Ltd | Israel | ||||
| Maglan Information Defense Technologies Research Ltd. | Israel | ||||
| Accenture Finance and Accounting BPO Services S.p.A. | Italy | ||||
| Accenture Finance and Accounting Services Srl | Italy | ||||
| Accenture Financial Advanced Solution & Technology s.r.l. | Italy | ||||
| Accenture HR Services S.p.A. | Italy | ||||
| Accenture Managed Services SpA | Italy | ||||
| Accenture Services and Technology Srl | Italy | ||||
| Accenture SpA | Italy | ||||
| Accenture Technology Solutions SRL | Italy | ||||
| Accenture Outsourcing SRL | Italy | ||||
| Avanade Italy SRL | Italy | ||||
| Concert S.r.l | Italy | ||||
| Fruendo S.r.l. | Italy | ||||
| Nike Group S.p.A. | Italy | ||||
| PLM Systems S.r.l. | Italy | ||||
| Sutter Mills Italia S.r.l. | Italy | ||||
| Accenture Japan Ltd | Japan | ||||
| Avanade KK | Japan | ||||
| IMJ Corporation | Japan | ||||
| Mackevision Japan Co., Ltd. | Japan | ||||
| Accenture East Africa Limited | Kenya | ||||
| Accenture Sàrl | Luxembourg | ||||
| Orbium Sàrl | Luxembourg | ||||
| Accenture Sendirian Berhad | Malaysia | ||||
| Accenture Solutions Sdn Bhd | Malaysia | ||||
| Accenture Technology Solutions Sdn. Bhd. | Malaysia | ||||
| Aspiro Solutions (Malaysia) Sdn Bhd | Malaysia | ||||
| Avanade Malaysia Sdn Bhd | Malaysia | ||||
| Hytracc Consulting Malaysia Sdn. Bhd. | Malaysia | ||||
| NewsPage (Malaysia) Sdn Bhd | Malaysia | ||||
| Seabury Malaysia Sdn. Bhd. | Malaysia | ||||
| Name | Country of Organization | ||||
| Accenture Customer Services Limited | Mauritius | ||||
| Accenture Services (Mauritius) Ltd | Mauritius | ||||
| Accenture Process (Mauritius) Ltd | Mauritius | ||||
| Accenture S.C. | Mexico | ||||
| Accenture Technology Solutions S.A. de C.V. | Mexico | ||||
| Design Strategy and Research de México, S.A. de C.V. | Mexico | ||||
| Insitum Consultoría S.A. de C.V. | Mexico | ||||
| Operaciones Accenture S.A. de C.V. | Mexico | ||||
| Servicios Técnicos de Programación Accenture S.C. | Mexico | ||||
| Accenture Maghreb S.a.r.l. | Morocco | ||||
| Accenture Services Morocco SA | Morocco | ||||
| Octo Technology SA | Morocco | ||||
| Accenture Mozambique Limitada | Mozambique | ||||
| ACN Consulting Co Ltd | Myanmar | ||||
| Accenture Australia Holding B.V. | Netherlands | ||||
| Accenture Branch Holdings B.V. | Netherlands | ||||
| Accenture BV | Netherlands | ||||
| Accenture Central Europe B.V. | Netherlands | ||||
| Accenture Holdings B.V. | Netherlands | ||||
| Accenture International BV | Netherlands | ||||
| Accenture Korea BV | Netherlands | ||||
| Accenture Middle East BV | Netherlands | ||||
| Accenture Minority I BV | Netherlands | ||||
| Accenture Participations BV | Netherlands | ||||
| Accenture Technology Ventures BV | Netherlands | ||||
| Altius Data Solutions B.V | Netherlands | ||||
| Avanade Netherlands BV | Netherlands | ||||
| Callisto Integration Europe B.V. | Netherlands | ||||
| Enterprise System Partners B.V., | Netherlands | ||||
| VanBerlo B.V. | Netherlands | ||||
| Accenture NZ Limited | New Zealand | ||||
| Cloud Sherpas New Zealand Ltd. | New Zealand | ||||
| DayNine Consulting (New Zealand) Limited | New Zealand | ||||
| Icon Integration (NZ) Limited | New Zealand | ||||
| PrimeQ NZ Pty Ltd | New Zealand | ||||
| Redcore (New Zealand) Limited | New Zealand | ||||
| Accenture Ltd | Nigeria | ||||
| Accenture AS | Norway | ||||
| Accenture Services AS | Norway | ||||
| Avanade Norway AS | Norway | ||||
| Hytracc Consulting AS | Norway | ||||
| Accenture Panama Inc | Panama | ||||
| Double Digit Pty, SA | Panama | ||||
| Accenture Peru SRL. | Peru | ||||
| Accenture Technology Solutions SRL | Peru | ||||
| Accenture Inc | Philippines | ||||
| Accenture Healthcare Processing Inc | Philippines | ||||
| Cloudsherpas, Inc | Philippines | ||||
| Name | Country of Organization | ||||
| Orbium Inc. | Philippines | ||||
| Search Technologies BPO, Inc | Philippines | ||||
| Zenta Global Philippines Inc | Philippines | ||||
| Accenture Delivery Poland S.p. z o.o. | Poland | ||||
| Accenture Operations S.p. z o.o. | Poland | ||||
| Accenture Services S.p. z o.o. | Poland | ||||
| Accenture Solutions S.p. z o.o | Poland | ||||
| Accenture Sp. z o.o. | Poland | ||||
| Avanade Poland S.p. z o.o. | Poland | ||||
| Orbium International S.p. z o.o. | Poland | ||||
| Orbium Services S.p. z o.o. | Poland | ||||
| Accenture 2 Business Process Services S.A. | Portugal | ||||
| Accenture Consultores de Gestao S.A. | Portugal | ||||
| Accenture Technology Solutions - Soluções Informáticas Integradas, S.A. | Portugal | ||||
| Tech - Avanade Portugal, Unipessoal Lda | Portugal | ||||
| Accenture Puerto Rico LLC | Puerto Rico | ||||
| Accenture Industrial Software Solutions SA | Romania | ||||
| Accenture Managed Services SRL | Romania | ||||
| Accenture Services SRL | Romania | ||||
| Accenture OOO | Russia | ||||
| Accenture Saudi Arabia Limited | Saudi Arabia | ||||
| Accenture Pte Ltd | Singapore | ||||
| Accenture SG Services Pte Ltd | Singapore | ||||
| Accenture Solutions Pte Ltd | Singapore | ||||
| Avanade Asia Pte Ltd | Singapore | ||||
| Brand Learning Pte Limited | Singapore | ||||
| CreativeDrive Singapore PTE. LTD. | Singapore | ||||
| Kogentix Singapore Pte. Ltd | Singapore | ||||
| Mackevision Singapore Pte. Ltd. | Singapore | ||||
| NewsPage Pte Ltd | Singapore | ||||
| Orbium Pte. Ltd. | Singapore | ||||
| Redcore (Asia) Pte Ltd | Singapore | ||||
| ?What If! Innovation Singapore Holdings Pte | Singapore | ||||
| Yesler Singapore Pte Ltd | Singapore | ||||
| Accenture Services s.r.o. | Slovak Republic | ||||
| Accenture s.r.o. | Slovak Republic | ||||
| Accenture Technology Solutions Slovakia s.r.o. | Slovak Republic | ||||
| Accenture Africa Pty Ltd | South Africa | ||||
| Accenture Mzansi (Pty) Ltd | South Africa | ||||
| Accenture Services Pty Ltd | South Africa | ||||
| Accenture (South Africa) Pty Ltd | South Africa | ||||
| Accenture Technology Solutions Pty Ltd | South Africa | ||||
| Avanade South Africa Pty Ltd | South Africa | ||||
| Zebra Worldwide Media (Pty) Ltd | South Africa | ||||
| Mackevision Korea Ltd | South Korea | ||||
| Accenture Holdings (Iberia) S.L. | Spain | ||||
| Accenture Outsourcing Services, S.A. | Spain | ||||
| Accenture S.L. | Spain | ||||
| Name | Country of Organization | ||||
| Avanade Spain SL | Spain | ||||
| CustomerWorks Europe SL | Spain | ||||
| Energuia Web, S.A. | Spain | ||||
| Informatica de Euskadi S.L. | Spain | ||||
| ITBS Servicios Bancarios de Tecnología de la Información SL | Spain | ||||
| Shackleton SLU | Spain | ||||
| Tecnilogica Ecosistemas, S.A. | Spain | ||||
| Accenture Lanka (Private) Ltd | Sri Lanka | ||||
| Accenture AB | Sweden | ||||
| Accenture Services AB | Sweden | ||||
| Avanade Sweden AB | Sweden | ||||
| Accenture AG | Switzerland | ||||
| Accenture Services AG | Switzerland | ||||
| Avanade Schweiz GmbH | Switzerland | ||||
| Orbium AG | Switzerland | ||||
| Orbium Holding AG | Switzerland | ||||
| Orbium International AG | Switzerland | ||||
| Orbium Licences AG | Switzerland | ||||
| Accenture Co Ltd | Taiwan | ||||
| Accenture Consulting Services Ltd Tanzania | Tanzania | ||||
| Accenture Co., Ltd | Thailand | ||||
| Accenture Solutions Co., Ltd | Thailand | ||||
| Accenture Technology Solutions (Thailand) Co., Ltd | Thailand | ||||
| IT One Company Limited | Thailand | ||||
| AGS Business and Technology Services Limited | Trinidad and Tobago | ||||
| Accenture Danismanlik Limited Sirketi | Turkey | ||||
| Accenture Industrial Software Limited Liability Company (Accenture Endüstriyel Yazılım Çözümleri Limited Şirketi) | Turkey | ||||
| Enterprise System Partners Bilisim Danismanlik Ticaret Anonim Sirketi | Turkey | ||||
| Accenture Cloud Software Solutions Ltd | United Kingdom | ||||
| Accenture HR Services Ltd | United Kingdom | ||||
| Accenture Post-Trade Processing Limited | United Kingdom | ||||
| Accenture Systems Integration Limited | United Kingdom | ||||
| Accenture (UK) Ltd | United Kingdom | ||||
| Adaptly UK Limited | United Kingdom | ||||
| Allen International Consulting Group Ltd | United Kingdom | ||||
| Altius Consulting Limited | United Kingdom | ||||
| Avanade Europe Holdings Ltd | United Kingdom | ||||
| Avanade Europe Services Ltd | United Kingdom | ||||
| Avanade UK Ltd | United Kingdom | ||||
| Bow & Arrow Limited | United Kingdom | ||||
| Brand Learning Group Limited | United Kingdom | ||||
| Brand Learning Partners Limited | United Kingdom | ||||
| Callisto Integration Europe Ltd. | United Kingdom | ||||
| Certus Solutions Consulting Services Ltd | United Kingdom | ||||
| Cloudpoint Limited | United Kingdom | ||||
| Context Information Security Limited | United Kingdom | ||||
| CreativeDrive EMEA Ltd. | United Kingdom | ||||
| Name | Country of Organization | ||||
| CreativeDrive UK Group LTD | United Kingdom | ||||
| Cutting Edge Solutions Ltd | United Kingdom | ||||
| Droga5 UK Ltd. | United Kingdom | ||||
| Energy Management Brokers Ltd. | United Kingdom | ||||
| Farah BidCo Limited | United Kingdom | ||||
| Farah MidCo Limited | United Kingdom | ||||
| Farah Topco Limited | United Kingdom | ||||
| GenFour Limited | United Kingdom | ||||
| Happen GP Limited | United Kingdom | ||||
| Happen Ltd | United Kingdom | ||||
| Imagine Broadband (USA) Ltd | United Kingdom | ||||
| Infusion Development UK Limited | United Kingdom | ||||
| K Comms Group Limited | United Kingdom | ||||
| Kaper Communications Limited | United Kingdom | ||||
| Karma Communications Debtco Limited | United Kingdom | ||||
| Karma Communications Group Limited | United Kingdom | ||||
| Karma Communications Holdings Limited | United Kingdom | ||||
| Karmarama Comms Limited | United Kingdom | ||||
| Karmarama Limited | United Kingdom | ||||
| Kogentix Ltd | United Kingdom | ||||
| Kream Comms Limited | United Kingdom | ||||
| Mackevision UK Ltd | United Kingdom | ||||
| Mudano Limited | United Kingdom | ||||
| Nice Agency Limited | United Kingdom | ||||
| Orbium Consulting Ltd | United Kingdom | ||||
| Parker Fitzgerald International Limited | United Kingdom | ||||
| Parker Fitzgerald Limited | United Kingdom | ||||
| Parker Fitzgerald Services Limited | United Kingdom | ||||
| Parker Fitzgerald Solutions Limited | United Kingdom | ||||
| Pragsis Bidoop UK Ltd | United Kingdom | ||||
| Seabury Aviation & Aerospace (UK) Limited | United Kingdom | ||||
| Search Technologies Limited | United Kingdom | ||||
| ?What If! China Holdings Ltd | United Kingdom | ||||
| ?What If! Holdings Limited | United Kingdom | ||||
| ?What If! Limited | United Kingdom | ||||
| Yesler Limited | United Kingdom | ||||
| Zebra Worldwide Group Limited | United Kingdom | ||||
| Accenture 2 LLC | United States | ||||
| Accenture Capital Inc | United States | ||||
| Accenture Cloud Solutions LLC | United States | ||||
| Accenture Credit Services LLC | United States | ||||
| Accenture Federal Services LLC | United States | ||||
| Accenture Flex LLC | United States | ||||
| Accenture GP LLC | United States | ||||
| Accenture Inc | United States | ||||
| Accenture Insurance Services LLC | United States | ||||
| Accenture International LLC | United States | ||||
| Accenture LLC | United States | ||||
| Name | Country of Organization | ||||
| Accenture LLP | United States | ||||
| Accenture State Healthcare Services LLC | United States | ||||
| Accenture Sub LLC | United States | ||||
| Accenture Sub II Inc. | United States | ||||
| Adaptly, LLC | United States | ||||
| Altitude LLC | United States | ||||
| ASM Research LLC | United States | ||||
| Avanade Holdings LLC | United States | ||||
| Avanade Inc | United States | ||||
| Avanade International Corporation | United States | ||||
| BABCN LLC | United States | ||||
| Callisto Integration LLC | United States | ||||
| Capital Consultancy Services, Inc. | United States | ||||
| Clarity Solution Group, LLC | United States | ||||
| Clearhead Group, LLC | United States | ||||
| Cloud Sherpas (GA) LLC | United States | ||||
| Computer Research and Telecommunications LLC | United States | ||||
| Context Information Security LLC | United States | ||||
| Creative Drive LLC | United States | ||||
| Creative Drive US, LLC | United States | ||||
| DayNine Consulting LLC | United States | ||||
| DAZ Systems, LLC | United States | ||||
| Declarative Holdings, LLC | United States | ||||
| Decora Marketplace LLC | United States | ||||
| Déjà Vu Security LLC | United States | ||||
| Designaffairs, LLC | United States | ||||
| Droga5, LLC | United States | ||||
| Droga5 Studios, LLC | United States | ||||
| Enaxis Consulting, L.P. | United States | ||||
| Enterprise System Partners Global Corporation | United States | ||||
| First Annapolis Consulting, LLC | United States | ||||
| Imagine Broadband USA LLC | United States | ||||
| Intrigo Systems, LLC | United States | ||||
| Investtech Systems Consulting LLC | United States | ||||
| Knowledgent Group LLC | United States | ||||
| Kogentix LLC | United States | ||||
| KSC Studio, L.L.C | United States | ||||
| Kurt Salmon US LLC | United States | ||||
| Mackevision Corporation | United States | ||||
| MCG US Holdings LLC | United States | ||||
| Measuretek LLC | United States | ||||
| Meredith Specialty LLC | United States | ||||
| Meredith Xcelerated Marketing Corporation | United States | ||||
| Mortgage Cadence LLC | United States | ||||
| Nytec, LLC | United States | ||||
| Pia Communications LLC | United States | ||||
| Procurian LLC | United States | ||||
| Procurian USA LLC | United States | ||||
| Name | Country of Organization | ||||
| Proquire LLC | United States | ||||
| Radiant Services, LLC | United States | ||||
| Revolutionary Security LLC | United States | ||||
| Sandbox Studio, LLC | United States | ||||
| SCI WDSFMS Services, LLC | United States | ||||
| Seabury Corporate Advisors LLC | United States | ||||
| Search Technologies International LLC | United States | ||||
| Search Technologies LLC | United States | ||||
| Solutions IQ, LLC | United States | ||||
| Totem Creative LLC | United States | ||||
| Wire Stone, LLC | United States | ||||
| Yesler, LLC | United States | ||||
| Zenta Mortgage Services LLC | United States | ||||
| Zenta Recoveries Inc | United States | ||||
| Zenta US Holdings Inc. | United States | ||||
| ?What If! USA LLC | United States | ||||
| Accenture Uruguay SRL | Uruguay | ||||
| Accenture C.A | Venezuela | ||||
| Accenture Vietnam Co., LTD | Vietnam | ||||
| Accenture Zambia Limited | Zambia | ||||
| Date: October 22, 2020 | /s/ Julie Sweet | |||||||||||||
| Julie Sweet | ||||||||||||||
| Chief Executive Officer of Accenture plc (principal executive officer) | ||||||||||||||
| Date: October 22, 2020 | /s/ KC McClure | |||||||||||||
| KC McClure | ||||||||||||||
| Chief Financial Officer of Accenture plc (principal financial officer) | ||||||||||||||
| Date: October 22, 2020 | /s/ Julie Sweet | |||||||||||||
| Julie Sweet | ||||||||||||||
| Chief Executive Officer of Accenture plc (principal executive officer) | ||||||||||||||
| Date: October 22, 2020 | /s/ KC McClure | |||||||||||||
| KC McClure | ||||||||||||||
| Chief Financial Officer of Accenture plc (principal financial officer) | ||||||||||||||
| 2020 | 2019 | |||||||||||||
| Contributions receivable | $ | 215,347,488 | $ | 185,351,695 | ||||||||||
| Plan equity | $ | 215,347,488 | $ | 185,351,695 | ||||||||||
| 2020 | 2019 | 2018 | ||||||||||||||||||
| Participant contributions | $ | 1,009,824,309 | $ | 888,350,481 | $ | 784,566,715 | ||||||||||||||
| Participant withdrawals | (30,966,777) | (25,123,961) | (22,341,955) | |||||||||||||||||
| Purchases of Accenture plc Class A ordinary shares | (948,861,739) | (842,447,581) | (747,252,840) | |||||||||||||||||
| Net additions | $ | 29,995,793 | $ | 20,778,939 | $ | 14,971,920 | ||||||||||||||
| Plan equity at beginning of year | 185,351,695 | 164,572,756 | 149,600,836 | |||||||||||||||||
| Plan equity at end of year | $ | 215,347,488 | $ | 185,351,695 | $ | 164,572,756 | ||||||||||||||
| Purchase Date | Offering Type | Number of Participants | Number of Shares Purchased | Purchase Price | ||||||||||||||||||||||
| August 5, 2020 | VEIP | 6,422 | 154,212 | $ | 228.43 | |||||||||||||||||||||
| July 5, 2020 | VEIP | 6,394 | 159,307 | $ | 216.68 | |||||||||||||||||||||
| June 5, 2020 | VEIP | 6,430 | 167,481 | $ | 207.26 | |||||||||||||||||||||
| May 5, 2020 | VEIP | 6,480 | 188,794 | $ | 182.45 | |||||||||||||||||||||
| May 1, 2020 | ESPP | 77,652 | 1,576,243 | $ | 153.96 | |||||||||||||||||||||
| April 5, 2020 | VEIP | 6,524 | 225,442 | $ | 153.50 | |||||||||||||||||||||
| March 5, 2020 | VEIP | 6,638 | 195,144 | $ | 184.19 | |||||||||||||||||||||
| February 5, 2020 | VEIP | 6,661 | 167,540 | $ | 212.44 | |||||||||||||||||||||
| January 5, 2020 | VEIP | 5,853 | 351,499 | $ | 208.81 | |||||||||||||||||||||
| December 5, 2019 | VEIP | 5,875 | 443,138 | $ | 199.46 | |||||||||||||||||||||
| November 5, 2019 | VEIP | 5,936 | 177,544 | $ | 186.74 | |||||||||||||||||||||
| November 1, 2019 | ESPP | 70,859 | 1,285,291 | $ | 159.14 | |||||||||||||||||||||
| October 5, 2019 | VEIP | 5,952 | 163,655 | $ | 187.96 | |||||||||||||||||||||
| September 5, 2019 | VEIP | 5,989 | 155,207 | $ | 199.13 | |||||||||||||||||||||
| Total Shares Purchased in fiscal 2020 | 5,410,497 | |||||||||||||||||||||||||
| August 5, 2019 | VEIP | 6,040 | 166,263 | $ | 187.62 | |||||||||||||||||||||
| July 5, 2019 | VEIP | 5,931 | 162,403 | $ | 190.00 | |||||||||||||||||||||
| June 5, 2019 | VEIP | 5,974 | 171,952 | $ | 179.37 | |||||||||||||||||||||
| May 5, 2019 | VEIP | 6,036 | 176,022 | $ | 177.24 | |||||||||||||||||||||
| May 1, 2019 | ESPP | 67,413 | 1,371,786 | $ | 154.97 | |||||||||||||||||||||
| April 5, 2019 | VEIP | 6,077 | 176,495 | $ | 177.73 | |||||||||||||||||||||
| March 5, 2019 | VEIP | 6,129 | 194,316 | $ | 163.22 | |||||||||||||||||||||
| February 5, 2019 | VEIP | 6,189 | 201,253 | $ | 156.98 | |||||||||||||||||||||
| January 5, 2019 | VEIP | 5,406 | 513,688 | $ | 139.42 | |||||||||||||||||||||
| December 5, 2018 | VEIP | 5,416 | 447,916 | $ | 166.23 | |||||||||||||||||||||
| November 5, 2018 | VEIP | 5,448 | 184,730 | $ | 157.85 | |||||||||||||||||||||
| November 1, 2018 | ESPP | 64,761 | 1,339,472 | $ | 134.58 | |||||||||||||||||||||
| October 5, 2018 | VEIP | 5,471 | 162,223 | $ | 171.13 | |||||||||||||||||||||
| September 5, 2018 | VEIP | 5,509 | 165,298 | $ | 168.40 | |||||||||||||||||||||
| Total Shares Purchased in fiscal 2019 | 5,433,817 | |||||||||||||||||||||||||
| August 5, 2018 | VEIP | 5,562 | 176,856 | $ | 159.95 | |||||||||||||||||||||
| July 5, 2018 | VEIP | 5,531 | 172,118 | $ | 164.01 | |||||||||||||||||||||
| June 5, 2018 | VEIP | 5,579 | 179,166 | $ | 159.71 | |||||||||||||||||||||
| May 5, 2018 | VEIP | 5,626 | 190,731 | $ | 152.15 | |||||||||||||||||||||
| May 1, 2018 | ESPP | 60,894 | 1,507,477 | $ | 128.38 | |||||||||||||||||||||
| April 5, 2018 | VEIP | 5,674 | 197,977 | $ | 151.04 | |||||||||||||||||||||
| March 5, 2018 | VEIP | 5,716 | 189,099 | $ | 158.33 | |||||||||||||||||||||
| February 5, 2018 | VEIP | 5,765 | 192,197 | $ | 155.00 | |||||||||||||||||||||
| January 5, 2018 | VEIP | 4,811 | 552,517 | $ | 156.93 | |||||||||||||||||||||
| December 5, 2017 | VEIP | 4,808 | 166,963 | $ | 147.63 | |||||||||||||||||||||
| November 5, 2017 | VEIP | 4,845 | 171,040 | $ | 143.90 | |||||||||||||||||||||
| November 1, 2017 | ESPP | 57,009 | 1,355,593 | $ | 120.98 | |||||||||||||||||||||
| October 5, 2017 | VEIP | 4,875 | 182,925 | $ | 135.82 | |||||||||||||||||||||
| September 5, 2017 | VEIP | 4,898 | 193,697 | $ | 129.75 | |||||||||||||||||||||
| Total Shares Purchased in fiscal 2018 | 5,428,356 | |||||||||||||||||||||||||
CONSOLIDATED BALANCE SHEETS (Parenthetical) |
Aug. 31, 2020
$ / shares
shares
|
Aug. 31, 2020
€ / shares
shares
|
Aug. 31, 2019
$ / shares
shares
|
Aug. 31, 2019
€ / shares
shares
|
|---|---|---|---|---|
| Ordinary Shares | ||||
| Ordinary shares, par value | € / shares | € 1 | € 1.00 | ||
| Ordinary shares, shares authorized | 40,000 | 40,000 | 40,000 | 40,000 |
| Ordinary shares, shares issued | 40,000 | 40,000 | 40,000 | 40,000 |
| Treasury shares, ordinary shares | 40,000 | 40,000 | 40,000 | 40,000 |
| Class A Ordinary Shares | ||||
| Ordinary shares, par value | $ / shares | $ 0.0000225 | $ 0.0000225 | ||
| Ordinary shares, shares authorized | 20,000,000,000 | 20,000,000,000 | 20,000,000,000 | 20,000,000,000 |
| Ordinary shares, shares issued | 658,548,895 | 658,548,895 | 654,739,267 | 654,739,267 |
| Treasury shares, ordinary shares | 24,383,369 | 24,383,369 | 18,964,863 | 18,964,863 |
| Class X Ordinary Shares | ||||
| Ordinary shares, par value | $ / shares | $ 0.0000225 | $ 0.0000225 | ||
| Ordinary shares, shares authorized | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 |
| Ordinary shares, shares issued | 527,509 | 527,509 | 609,404 | 609,404 |
| Ordinary shares, shares outstanding | 527,509 | 527,509 | 609,404 | 609,404 |
CONSOLIDATED INCOME STATEMENTS - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|||
| REVENUES: | |||||
| Revenues | $ 44,327,039,000 | $ 43,215,013,000 | $ 40,992,534,000 | ||
| OPERATING EXPENSES: | |||||
| Cost of services | 30,350,881,000 | 29,900,325,000 | 28,499,170,000 | ||
| Sales and marketing | 4,625,929,000 | 4,447,456,000 | 4,196,201,000 | ||
| General and administrative costs | 2,836,585,000 | 2,562,158,000 | 2,398,384,000 | ||
| Total operating expenses | 37,813,395,000 | 36,909,939,000 | 35,093,755,000 | ||
| OPERATING INCOME | 6,513,644,000 | 6,305,074,000 | 5,898,779,000 | ||
| Interest income | 69,331,000 | 87,508,000 | 56,337,000 | ||
| Interest expense | (33,071,000) | (22,963,000) | (19,539,000) | ||
| Other income (expense), net | 224,427,000 | (117,822,000) | (127,484,000) | ||
| INCOME BEFORE INCOME TAXES | 6,774,331,000 | 6,251,797,000 | 5,808,093,000 | ||
| Income tax expense | 1,589,018,000 | 1,405,556,000 | 1,593,499,000 | ||
| Net Income | 5,185,313,000 | 4,846,241,000 | 4,214,594,000 | ||
| Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. | [1] | (6,325,000) | (6,694,000) | (95,063,000) | |
| Net income attributable to noncontrolling interests – other | (71,149,000) | (60,435,000) | (59,624,000) | ||
| NET INCOME ATTRIBUTABLE TO ACCENTURE PLC | $ 5,107,839,000 | $ 4,779,112,000 | $ 4,059,907,000 | ||
| Weighted average Class A ordinary shares: | |||||
| Basic (in shares) | 636,299,913 | 638,098,125 | 628,451,742 | ||
| Diluted (in shares) | 647,797,003 | 650,204,873 | 655,296,150 | ||
| Earnings per Class A ordinary share: | |||||
| Basic (in dollars per share) | $ 8.03 | $ 7.49 | $ 6.46 | ||
| Diluted (in dollars per share) | 7.89 | 7.36 | 6.34 | ||
| Cash dividends per share (in dollars per share) | $ 3.20 | $ 2.92 | $ 2.66 | ||
| |||||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Statement of Comprehensive Income [Abstract] | |||
| Net Income | $ 5,185,313,000 | $ 4,846,241,000 | $ 4,214,594,000 |
| OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX: | |||
| Foreign currency translation | 197,696,000 | (132,707,000) | (305,225,000) |
| Defined benefit plans | 57,100,000 | (253,039,000) | 21,335,000 |
| Cash flow hedges | 24,721,000 | 123,003,000 | (198,645,000) |
| Investments | (777,000) | (1,663,000) | 1,148,000 |
| OTHER COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ACCENTURE PLC | 278,740,000 | (264,406,000) | (481,387,000) |
| Other comprehensive income (loss) attributable to noncontrolling interests | 8,243,000 | (6,749,000) | (2,233,000) |
| COMPREHENSIVE INCOME | 5,472,296,000 | 4,575,086,000 | 3,730,974,000 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO ACCENTURE PLC | 5,386,579,000 | 4,514,706,000 | 3,578,520,000 |
| Comprehensive income attributable to noncontrolling interests | 85,717,000 | 60,380,000 | 152,454,000 |
| COMPREHENSIVE INCOME | $ 5,472,296,000 | $ 4,575,086,000 | $ 3,730,974,000 |
CONSOLIDATED SHAREHOLDERS' EQUITY STATEMENTS - USD ($) |
Total |
Retained Earnings |
Ordinary Shares |
Class A Ordinary Shares |
Class X Ordinary Shares |
Restricted Share Units |
Additional Paid-in Capital |
Treasury Shares |
Retained Earnings |
Accumulated Other Comprehensive Loss |
Total Accenture plc Shareholder's Equity |
Noncontrolling Interests |
Treasury Stock, Value |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beginning Balance at Aug. 31, 2017 | $ 9,710,200,000 | $ 57,000 | $ 14,000 | $ 0 | $ 1,095,026,000 | $ 3,516,399,000 | $ (1,649,090,000) | $ 7,081,855,000 | $ (1,094,784,000) | $ 8,949,477,000 | $ 760,723,000 | ||
| Beginning Balance (in shares) at Aug. 31, 2017 | 40,000 | 638,966,000 | 20,531,000 | ||||||||||
| Beginning Balance Treasury (in shares) at Aug. 31, 2017 | (23,449,000) | ||||||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||
| Net Income | 4,214,594,000 | 4,059,907,000 | 4,059,907,000 | 154,687,000 | |||||||||
| Other comprehensive income (loss) | (483,620,000) | (481,387,000) | (481,387,000) | (2,233,000) | |||||||||
| Purchases of Class A ordinary shares | (2,554,084,000) | 49,766,000 | $ (2,554,084,000) | (2,504,318,000) | (49,766,000) | ||||||||
| Purchases of Class A ordinary shares (in shares) | (16,706,000) | ||||||||||||
| Cancellation of treasury shares | 0 | (206,782,000) | $ 1,582,067,000 | (1,375,285,000) | 0 | ||||||||
| Cancellation of treasury shares (in shares) | (11,621,000) | 11,621,000 | |||||||||||
| Share-based compensation expense | 976,908,000 | 913,801,000 | 63,107,000 | 976,908,000 | |||||||||
| Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares | (85,010,000) | (80,169,000) | (80,169,000) | (4,841,000) | |||||||||
| Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares (in shares) | (821,000) | ||||||||||||
| Issuances of Class A ordinary shares: | |||||||||||||
| Employee share programs | 753,146,000 | (829,085,000) | 1,132,024,000 | $ 504,159,000 | (68,656,000) | 738,442,000 | 14,704,000 | ||||||
| Employee share programs (in shares) | 10,077,000 | 4,201,000 | |||||||||||
| Upon redemption of Accenture Holdings plc ordinary shares (in shares) | 25,906,000 | ||||||||||||
| Upon redemption of Accenture Holdings plc ordinary shares | 0 | $ 1,000 | $ (19,054,000) | 408,652,000 | 408,653,000 | (408,653,000) | |||||||
| Dividends | (1,708,724,000) | 54,881,000 | (1,725,953,000) | (1,671,072,000) | (37,652,000) | ||||||||
| Other, net | (98,822,000) | (12,233,000) | (19,455,000) | (31,688,000) | (67,134,000) | ||||||||
| Ending Balance at Aug. 31, 2018 | 10,724,588,000 | $ 57,000 | $ 15,000 | $ 0 | 1,234,623,000 | 4,870,764,000 | $ (2,116,948,000) | 7,952,413,000 | (1,576,171,000) | 10,364,753,000 | 359,835,000 | ||
| Ending Balance Treasury (in shares) at Aug. 31, 2018 | (24,333,000) | ||||||||||||
| Ending Balance (in shares) at Aug. 31, 2018 | 40,000 | 663,328,000 | 656,000 | ||||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||
| Net Income | 4,846,241,000 | 4,779,112,000 | 4,779,112,000 | 67,129,000 | |||||||||
| Other comprehensive income (loss) | (271,155,000) | (264,406,000) | (264,406,000) | (6,749,000) | |||||||||
| Purchases of Class A ordinary shares | (2,669,336,000) | 3,302,000 | $ (2,669,336,000) | (2,666,034,000) | (3,302,000) | ||||||||
| Purchases of Class A ordinary shares (in shares) | (16,431,000) | ||||||||||||
| Cancellation of treasury shares | 0 | (326,092,000) | $ 2,745,321,000 | (2,419,229,000) | 0 | ||||||||
| Cancellation of treasury shares (in shares) | (17,599,000) | 17,599,000 | |||||||||||
| Share-based compensation expense | 1,093,253,000 | 1,023,794,000 | 69,459,000 | 1,093,253,000 | |||||||||
| Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares | (21,778,000) | (21,768,000) | (21,768,000) | (10,000) | |||||||||
| Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | 9,010,000 | 4,160,000 | |||||||||||
| Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares (in shares) | (47,000) | ||||||||||||
| Issuances of Class A ordinary shares: | |||||||||||||
| Employee share programs | 848,445,000 | (903,526,000) | 1,219,600,000 | (121,250,000) | 847,411,000 | 1,034,000 | $ 652,587,000 | ||||||
| Dividends | (1,864,353,000) | 57,012,000 | (1,918,737,000) | (1,861,725,000) | (2,628,000) | ||||||||
| Other, net | 3,810,000 | (10,817,000) | 14,411,000 | 3,594,000 | 216,000 | ||||||||
| Ending Balance at Aug. 31, 2019 | 14,827,691,000 | $ 2,137,976,000 | $ 57,000 | $ 15,000 | $ 0 | 1,411,903,000 | 5,804,448,000 | $ (1,388,376,000) | 10,421,538,000 | (1,840,577,000) | 14,409,008,000 | 418,683,000 | |
| Ending Balance Treasury (in shares) at Aug. 31, 2019 | (19,005,000) | ||||||||||||
| Ending Balance (in shares) at Aug. 31, 2019 | 40,000 | 654,739,000 | 609,000 | ||||||||||
| Issuances of Class A ordinary shares: | |||||||||||||
| Noncontrolling interests | 418,683,000 | 3,158,000 | |||||||||||
| Retained earnings | 10,421,538,000 | $ 2,134,818,000 | |||||||||||
| Net Income | 5,185,313,000 | 5,107,839,000 | 5,107,839,000 | 77,474,000 | |||||||||
| Other comprehensive income (loss) | 286,983,000 | 278,740,000 | 278,740,000 | 8,243,000 | |||||||||
| Purchases of Class A ordinary shares | $ (2,894,253,000) | 3,116,000 | $ (2,894,253,000) | (2,891,137,000) | (3,116,000) | ||||||||
| Purchases of Class A ordinary shares (in shares) | (14,730,030) | (14,730,000) | |||||||||||
| Cancellation of treasury shares | $ 0 | (108,670,000) | $ 1,056,145,000 | (947,475,000) | 0 | ||||||||
| Cancellation of treasury shares (in shares) | 5,526,491,000 | (5,526,000) | 5,526,000 | ||||||||||
| Share-based compensation expense | $ 1,197,806,000 | 1,118,284,000 | 79,522,000 | 1,197,806,000 | |||||||||
| Purchases/redemptions of Accenture Canada Holdings Inc. exchangeable shares and Class X shares | 81,000 | ||||||||||||
| Purchases/redemptions of Accenture Canada Holdings Inc. exchangeable shares and Class X shares | 21,594,000 | 21,594,000 | 21,594,000 | ||||||||||
| Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares | (21,594,000) | ||||||||||||
| Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | 9,336,000 | 3,786,000 | |||||||||||
| Employee share programs | 955,308,000 | (1,022,144,000) | 1,409,627,000 | $ 660,723,000 | (93,912,000) | 954,294,000 | 1,014,000 | ||||||
| Dividends | (2,037,733,000) | 77,259,000 | (2,112,457,000) | (2,035,198,000) | (2,535,000) | ||||||||
| Other, net | (348,000) | 778,000 | 778,000 | (1,126,000) | |||||||||
| Ending Balance at Aug. 31, 2020 | 17,499,173,000 | $ 57,000 | $ 15,000 | $ 0 | $ 1,585,302,000 | $ 7,167,227,000 | $ (2,565,761,000) | $ 12,375,533,000 | $ (1,561,837,000) | $ 17,000,536,000 | $ 498,637,000 | ||
| Ending Balance Treasury (in shares) at Aug. 31, 2020 | (24,423,000) | ||||||||||||
| Ending Balance (in shares) at Aug. 31, 2020 | 40,000 | 658,549,000 | 528,000 | ||||||||||
| Issuances of Class A ordinary shares: | |||||||||||||
| Noncontrolling interests | 498,637,000 | ||||||||||||
| Retained earnings | $ 12,375,533,000 |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
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| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description of Business and Accounting Policies | Summary of Significant Accounting Policies Description of Business Accenture plc is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations. We serve clients in three geographic markets: North America, Europe and Growth Markets (Asia Pacific, Latin America, Africa and the Middle East). Our geographic markets bring together capabilities from across the organization, with digital skills and industry and functional expertise throughout, to deliver tangible value to our clients. Basis of Presentation The Consolidated Financial Statements include the accounts of Accenture plc, an Irish company, and our controlled subsidiary companies. Accenture plc is an Irish public limited company, which operates its business through its subsidiaries. Prior to March 13, 2018, Accenture plc’s only business was to hold ordinary and deferred shares in, and to act as the controlling shareholder of, its subsidiary, Accenture Holdings plc, an Irish public limited company. We operated our business through Accenture Holdings plc and subsidiaries of Accenture Holdings plc. Accenture plc controlled Accenture Holdings plc’s management and operations and consolidated Accenture Holdings plc’s results in our Consolidated Financial Statements. On March 13, 2018, Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. In connection with this internal merger, shareholders of Accenture Holdings plc (other than Accenture entities that held shares of Accenture Holdings plc), who primarily consisted of current and former members of Accenture Leadership and their permitted transferees, received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, and Accenture plc redeemed all Class X ordinary shares of Accenture plc owned by such shareholders. The shares of Accenture Holdings plc (for applicable periods) and Accenture Canada Holdings Inc. held by persons other than us are treated as a noncontrolling interest in the Consolidated Financial Statements. The noncontrolling interest percentage was less than 1% as of August 31, 2020 and 2019, respectively. All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. For example, a reference to “fiscal 2020” means the 12-month period that ended on August 31, 2020. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal year. The preparation of the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that we may undertake in the future, actual results may be different from those estimates. Effective March 1, 2020, we began managing our business under a new growth model through our three geographic markets, North America, Europe and Growth Markets, which became our reportable segments in the third quarter of fiscal 2020. Prior to this change, our reportable segments were our five industry groups, Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. See Note 7 (Goodwill and Intangible Assets) and Note 16 (Segment Reporting) to these Consolidated Financial Statements for further details regarding the change in our reportable segments. Revenue Recognition We account for revenue in accordance with FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which we adopted on September 1, 2018 using the modified retrospective method. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the client and is the unit of accounting in Topic 606. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. For contracts with multiple performance obligations, we allocate the contract’s transaction price to each performance obligation based on the relative standalone selling price. The primary method used to estimate standalone selling price is the expected cost plus a margin approach, under which we forecast our expected costs of satisfying a performance obligation and then add an appropriate margin for that distinct good or service based on margins for similar services sold on a standalone basis. While determining relative standalone selling price and identifying separate performance obligations require judgment, generally relative standalone selling prices and the separate performance obligations are readily identifiable as we sell those performance obligations unaccompanied by other performance obligations. Contract modifications are routine in the performance of our contracts. Contracts are often modified to account for changes in the contract specifications, requirements or duration. If a contract modification results in the addition of performance obligations priced at a standalone selling price or if the post-modification services are distinct from the services provided prior to the modification, the modification is accounted for separately. If the modified services are not distinct, they are accounted for as part of the existing contract. Our revenues are derived from contracts for outsourcing services, technology integration consulting services and non-technology integration consulting services. These contracts have different terms based on the scope, performance obligations and complexity of the engagement, which frequently require us to make judgments and estimates in recognizing revenues. We have many types of contracts, including time-and-materials contracts, fixed-price contracts, fee-per-transaction contracts and contracts with multiple fee types. The nature of our contracts gives rise to several types of variable consideration, including incentive fees. Many contracts include incentives or penalties related to costs incurred, benefits produced or adherence to schedules that may increase the variability in revenues and margins earned on such contracts. These variable amounts generally are awarded or refunded upon achievement of or failure to achieve certain performance metrics, milestones or cost targets and can be based upon client discretion. We include these variable fees in the estimated transaction price when there is a basis to reasonably estimate the amount of the fee and it is not probable a significant reversal of revenue will occur. These estimates reflect the expected value of the variable fee and are based on an assessment of our anticipated performance, historical experience and other information available at the time. Our performance obligations are satisfied over time as work progresses or at a point in time. The majority of our revenues are recognized over time based on the extent of progress towards satisfying our performance obligations. The selection of the method to measure progress towards completion requires judgment and is based on the contract and the nature of the services to be provided. Outsourcing Contracts Our outsourcing contracts typically span several years. Revenues are generally recognized on outsourcing contracts over time because our clients benefit from the services as they are performed. Outsourcing contracts require us to provide a series of distinct services each period over the contract term. Revenues from unit-priced contracts are recognized as transactions are processed. When contractual billings represent an amount that corresponds directly with the value provided to the client (e.g., time-and-materials contracts), revenues are recognized as amounts become billable in accordance with contract terms. Technology Integration Consulting Services Revenues from contracts for technology integration consulting services where we design/redesign, build and implement new or enhanced systems and related processes for our clients are recognized over time as control of the system is transferred continuously to the client. Contracts for technology integration consulting services generally span six months to two years. Generally, revenue, including estimated fees, is recognized using costs incurred to date relative to total estimated costs at completion to measure progress toward satisfying our performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to the client. Non-Technology Integration Consulting Services Our contracts for non-technology integration consulting services are typically less than a year in duration. Revenues are generally recognized over time as our clients benefit from the services as they are performed, or the contract, for which the related services lack an alternative use, includes termination provisions enabling payment for performance completed to date. When contractual billings represent an amount that corresponds directly with the value provided to the client (e.g. time-and-materials contracts), revenues are recognized as amounts become billable in accordance with contract terms. Revenues from fixed-price contracts are generally recognized using costs incurred to date relative to total estimated costs at completion to measure progress toward satisfying our performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to the client. For non-technology integration consulting contracts which do not qualify to recognize revenue over time, we recognize revenues at a point in time when the client obtains control of the promised good or service. Contract Estimates Estimates of total contract revenues and costs are continuously monitored over the lives of our contracts, and recorded revenues and cost estimates are subject to revision as the contract progresses. If at any time the estimate of contract profitability indicates an anticipated loss on a technology integration consulting contract, we recognize the loss in the quarter it first becomes probable and reasonably estimable. Contract Balances The timing of revenue recognition, billings and cash collections results in Receivables, Contract assets, and Deferred revenues (Contract liabilities) on our Consolidated Balance Sheet. Amounts are billed as work progresses in accordance with agreed-upon contractual terms, either at periodic intervals (e.g., monthly or quarterly) or upon achievement of contractual milestones. Our receivables are rights to consideration that are conditional only upon the passage of time as compared to our contract assets, which are rights to consideration conditional upon additional factors. When we bill or receive payments from our clients before revenue is recognized, we record Contract liabilities. Contract assets and liabilities are reported on our Consolidated Balance Sheet on a contract-by-contract basis at the end of each reporting period. For some outsourcing contracts, we receive payments for transition or set-up activities, which are deferred and recognized as revenue as the services are provided. These advance payments are typically not a significant financing component because they are used to meet working capital demands in the early stages of a contract and to protect us from the other party failing to complete its obligations under the contract. We elected the practical expedient to report revenues net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue-producing transactions. Employee Share-Based Compensation Arrangements Share-based compensation expense is recognized over the requisite service period for awards of equity instruments to employees based on the grant date fair value of those awards expected to ultimately vest. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates. Income Taxes We calculate and provide for income taxes in each of the tax jurisdictions in which we operate. Deferred tax assets and liabilities, measured using enacted tax rates, are recognized for the future tax consequences of temporary differences between the tax and financial statement bases of assets and liabilities. A valuation allowance reduces the deferred tax assets to the amount that is more likely than not to be realized. We establish liabilities or reduce assets when we believe tax positions are not more likely than not of being sustained if challenged. Recognized tax positions are measured at the largest amount of benefit greater than 50 percent likely of being realized. Each fiscal quarter, we evaluate tax positions and adjust the related tax assets and liabilities in light of changing facts and circumstances. We release stranded tax effects from Accumulated other comprehensive loss using the specific identification approach for our defined benefit plans and the portfolio approach for other items. Translation of Non-U.S. Currency Amounts Assets and liabilities of non-U.S. subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at fiscal year-end exchange rates. Revenue and expense items are translated at average foreign currency exchange rates prevailing during the fiscal year. Translation adjustments are included in Accumulated other comprehensive loss. Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment nature are reported in the same manner as translation adjustments. Cash and Cash Equivalents Cash and cash equivalents consist of all cash balances and liquid investments with original maturities of three months or less, including certificates of deposit and time deposits. As a result of certain subsidiaries’ cash management systems, checks issued but not presented to the banks for payment may create negative book cash balances. Such negative balances are classified as Current portion of long term debt and bank borrowings. Allowances for Client Receivables We record our client receivables at their face amounts less allowances. On a periodic basis, we evaluate our receivables and establish allowances based on historical experience and other currently available information. As of August 31, 2020 and 2019, total allowances recorded for client receivables were $40,277 and $45,538, respectively. The allowance reflects our best estimate of collectibility risks on outstanding receivables. In limited circumstances, we agree to extend financing to certain clients. The terms vary by contract, but generally payment for services is contractually linked to the achievement of specified performance milestones. Concentrations of Credit Risk Our financial instruments, consisting primarily of cash and cash equivalents, foreign currency exchange rate instruments and client receivables, are exposed to concentrations of credit risk. We place our cash and cash equivalents and foreign exchange instruments with highly-rated financial institutions, limit the amount of credit exposure with any one financial institution and conduct ongoing evaluations of the credit worthiness of the financial institutions with which we do business. Client receivables are dispersed across many different industries and countries; therefore, concentrations of credit risk are limited. Investments All available-for-sale securities and liquid investments with an original maturity greater than three months but less than one year are considered to be Short-term investments. Non-current investments consist of equity securities in publicly-traded and privately-held companies and are accounted for using either the equity or fair value measurement alternative method of accounting (for investments without readily determinable fair values). Investments are periodically assessed for other-than-temporary impairment. If an investment is deemed to have experienced an other-than-temporary decline below its cost basis, we reduce the carrying amount of the investment to its estimated fair value. Our non-current investments are as follows:
For investments in which we can exercise significant influence but do not control, we use the equity method of accounting. Equity method investments are initially recorded at cost and our proportionate share of gains and losses of the investee are included as a component of other income (expense), net. Our equity method investments consist primarily of an investment in Duck Creek Technologies. As of August 31, 2020, the carrying amount of our investment was $230,219 and the estimated fair value of our approximately 22% ownership was $956,308. For equity securities without a readily determinable fair value, we use the fair value measurement alternative and measure the securities at cost less impairment, if any, plus or minus observable price changes in orderly transactions for an identical or similar investment of the same issuer. Property and Equipment Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:
Goodwill Goodwill represents the excess of the purchase price of an acquired entity over the fair value of net assets acquired. We review the recoverability of goodwill by reportable operating segment annually, or more frequently when indicators of impairment exist. Based on the results of our annual impairment analysis, we determined that no impairment existed as of August 31, 2020 or 2019, as each reportable segment’s estimated fair value substantially exceeded its carrying value. Long-Lived Assets Long-lived assets, including deferred contract costs and identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or group of assets may not be recoverable. Recoverability of long-lived assets or groups of assets is assessed based on a comparison of the carrying amount to the estimated future net cash flows. If estimated future undiscounted net cash flows are less than the carrying amount, the asset is considered impaired and a loss is recorded equal to the amount required to reduce the carrying amount to fair value. Intangible assets with finite lives are generally amortized using the straight-line method over their estimated economic useful lives, ranging from one to sixteen years. Operating Expenses Selected components of operating expenses are as follows:
(1)Advertising costs are expensed as incurred. (2)For additional information, see “Allowances for Client Receivables.” Recently Adopted Accounting Pronouncements Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2016-02 and related updates (“Topic 842”) On September 1, 2019, we adopted FASB ASU No. 2016-02, Leases, and related updates (“Topic 842”) using the effective date method. Prior period amounts were not adjusted. The primary impact of adoption is the requirement for lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by both operating and finance leases. Enhanced quantitative and qualitative disclosures about leasing arrangements are also required. We elected the package of practical expedients which does not require reassessment of prior conclusions related to identifying leases, lease classification or initial direct costs. We also elected the practical expedient to combine lease and non-lease components, accounting for the combined components as a single lease component, for our office real estate and automobile leases. The standard did not have a material impact on our Consolidated Income Statement. The impact of adopting Topic 842 on our Consolidated Balance Sheets is as follows:
See Note 8 (Leases) to these Consolidated Financial Statements for further details. FASB ASU No. 2018-15 (“Subtopic 350-40”) On September 1, 2019, we prospectively adopted FASB ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software: Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. ASU 2018-15 clarifies and aligns the accounting and capitalization of implementation costs in cloud computing arrangements that are service arrangements with the accounting for implementation costs incurred to develop or obtain internal-use software under ASC No. 350-40. Implementation costs that are currently capitalized in software licensing arrangements (e.g. costs to configure the software) will be capitalized in cloud computing arrangements, and costs expensed in software license arrangements (e.g. data conversion, training, and business process re-engineering) will be expensed in cloud computing arrangements. The adoption did not have a material impact on our Consolidated Financial Statements.
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REVENUES |
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| Revenues [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from Contract with Customer | Revenues Disaggregation of Revenue See Note 16 (Segment Reporting) to these Consolidated Financial Statements for our disaggregated revenues. Remaining Performance Obligations We had remaining performance obligations of approximately $20 billion as of each of August 31, 2020 and 2019, respectively. Our remaining performance obligations represent the amount of transaction price for which work has not been performed and revenue has not been recognized. The majority of our contracts are terminable by the client on short notice with little or no termination penalties, and some without notice. Only the non-cancelable portion of these contracts is included in our performance obligations. Additionally, our performance obligations only include variable consideration if we assess it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty is resolved. Based on the terms of our contracts, a significant portion of what we consider contract bookings is not included in our remaining performance obligations. We expect to recognize approximately 67% of our remaining performance obligations as of August 31, 2020 as revenue in fiscal 2021, an additional 15% in fiscal 2022, and the balance thereafter. Contract Estimates Adjustments in contract estimates related to performance obligations satisfied or partially satisfied in prior periods were immaterial for fiscal 2020 and 2019, respectively. Contract Balances Deferred transition revenues were $690,931 and $563,245 as of August 31, 2020 and 2019, respectively, and are included in Non-current deferred revenues. Costs related to these activities are also deferred and are expensed as the services are provided. Generally, deferred amounts are protected in the event of early termination of the contract and are monitored regularly for impairment. Impairment losses are recorded when projected remaining undiscounted operating cash flows of the related contract are not sufficient to recover the carrying amount of contract assets. Deferred transition costs were $723,168 and $681,492 as of August 31, 2020 and 2019, respectively, and are included in Deferred contract costs. Deferred transition amortization expense for fiscal 2020, 2019 and 2018 was $300,680, $274,814 and $333,118, respectively. The following table provides information about the balances of our Receivables, Contract assets and Contract liabilities (Deferred revenues):
Changes in the contract asset and liability balances during fiscal 2020, were a result of normal business activity and not materially impacted by any other factors. Revenues recognized during fiscal 2020 that were included in Deferred revenues as of August 31, 2019 were $2.8 billion. Revenues recognized during fiscal 2019 that were included in Deferred revenues as of September 1, 2018 were $2.9 billion.
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EARNINGS PER SHARE |
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EARNINGS PER SHARE | Earnings Per Share Basic and diluted earnings per share are calculated as follows:
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ACCUMULATED OTHER COMPREHENSIVE LOSS |
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| Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ACCUMULATED OTHER COMPREHENSIVE LOSS | Accumulated Other Comprehensive Loss The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive loss attributable to Accenture plc:
(1)As of August 31, 2020, $54,285 of net losses is expected to be reclassified into net periodic pension and post-retirement expense recognized in cost of services, sales and marketing, general and administrative costs and non-operating expenses in the next twelve months. (2)As of August 31, 2020, $62,257 of net unrealized gains related to derivatives designated as cash flow hedges is expected to be reclassified into cost of services in the next twelve months.
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PROPERTY AND EQUIPMENT |
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PROPERTY AND EQUIPMENT | Property and Equipment The components of Property and equipment, net are as follows:
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BUSINESS COMBINATIONS |
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| Business Combination, Goodwill [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BUSINESS COMBINATIONS AND DIVESTITURE | Business Combinations We completed a number of individually immaterial acquisitions during fiscal years 2020, 2019 and 2018. These acquisitions were completed primarily to expand our services and solutions offerings. The table below gives additional details related to these acquisitions:
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GOODWILL AND INTANGIBLE ASSETS |
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| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Text Block] | Goodwill And Intangible Assets Goodwill The changes in the carrying amount of goodwill by reportable operating segment are as follows:
(1)Effective March 1, 2020, we began managing our business under a new growth model through our three geographic markets, which became our reportable segments in the third quarter of fiscal 2020. Goodwill includes immaterial adjustments related to prior period acquisitions. Intangible Assets Our definite-lived intangible assets by major asset class are as follows:
Total amortization related to our intangible assets was $239,664, $177,150 and $170,187 for fiscal 2020, 2019 and 2018, respectively. Estimated future amortization related to intangible assets held as of August 31, 2020 is as follows:
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LEASES |
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lessee, Operating Leases [Text Block] | Leases We account for leases in accordance with Topic 842. See Note 1 (Summary of Significant Accounting Policies) to these Consolidated Financial Statements for further information on our adoption. As a lessee, substantially all of our lease obligation is for office real estate. Our significant judgments used in determining our lease obligation include whether a contract is or contains a lease and the determination of the discount rate used to calculate the lease liability. We elected the practical expedient not to separate lease and associated non-lease components, accounting for them as a single combined lease component, for our office real estate and automobile leases. Our leases may include the option to extend or terminate before the end of the contractual term and are often non-cancelable or cancelable only by the payment of penalties. Our lease assets and liabilities include these options in the lease term when it is reasonably certain that they will be exercised. In certain cases, we sublease excess office real estate to third-party tenants. Lease assets and liabilities recognized at the lease commencement date are determined predominantly as the present value of the payments due over the lease term. Since we cannot determine the implicit rate in our leases, we use our incremental borrowing rate on that date to calculate the present value. Our incremental borrowing rate approximates the rate at which we could borrow, on a secured basis for a similar term, an amount equal to our lease payments in a similar economic environment. Effective September 1, 2019, when we are the lessee, all leases are recognized as lease liabilities and associated lease assets on the Consolidated Balance Sheet. Lease liabilities represent our obligation to make payments arising from the lease. Lease assets represent our right to use an underlying asset for the lease term and may also include advance payments, initial direct costs or lease incentives. Payments that depend upon an index or rate, such as the Consumer Price Index (CPI), are included in the recognition of lease assets and liabilities at the commencement-date rate. Other variable payments, such as common area maintenance, property and other taxes, utilities and insurance that are based on the lessor’s cost, are recognized in the Consolidated Income Statement in the period incurred. As of August 31, 2020, we had no material finance leases. Operating lease expense is recorded on a straight-line basis over the lease term. Lease costs are as follows:
Supplemental information related to operating lease transactions is as follows:
As of August 31, 2020, our operating leases had a weighted average remaining lease term of 7.3 years and a weighted average discount rate of 4.2%. The following maturity analysis presents future undiscounted cash outflows for operating leases as of August 31, 2020:
As of August 31, 2020, we have entered into leases that have not yet commenced with future lease payments of $541 million that are not reflected in the table above. These leases are primarily related to office real estate and will commence in or before fiscal 2022 with lease terms of up to 16 years. Future minimum rental commitments under non-cancelable operating leases as of August 31, 2019, which were accounted for in accordance with Topic 840, are as follows:
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FINANCIAL INSTRUMENTS |
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| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DERIVATIVE FINANCIAL INSTRUMENTS | Financial Instruments Derivatives In the normal course of business, we use derivative financial instruments to manage foreign currency exchange rate risk. Derivative transactions are governed by a uniform set of policies and procedures covering areas such as authorization, counterparty exposure and hedging practices. Positions are monitored using techniques such as market value and sensitivity analyses. We do not enter into derivative transactions for trading purposes. We classify cash flows from our derivative programs as cash flows from operating activities in the Consolidated Cash Flows Statements. Certain derivatives give rise to credit risks from the possible non-performance by counterparties. Credit risk is generally limited to the fair value of those contracts that are favorable to us, and the maximum amount of loss due to credit risk, based on the gross fair value of our derivative financial instruments that are in an asset position, was $154,749 as of August 31, 2020. We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. These provisions may reduce our potential overall loss resulting from the insolvency of a counterparty and reduce a counterparty’s potential overall loss resulting from our insolvency. Additionally, these agreements contain early termination provisions triggered by adverse changes in a counterparty’s credit rating, thereby enabling us to accelerate settlement of a transaction prior to its contractual maturity and potentially decrease our realized loss on an open transaction. Similarly, a decrement in our credit rating could trigger a counterparty’s early termination rights, thereby enabling a counterparty to accelerate settlement of a transaction prior to its contractual maturity and potentially increase our realized loss on an open transaction. The aggregate fair value of our derivative instruments with credit-risk-related contingent features that were in a liability position as of August 31, 2020 was $39,018. Our derivative financial instruments consist of deliverable and non-deliverable foreign currency forward contracts. Fair values for derivative financial instruments are based on prices computed using third-party valuation models and are classified as Level 2 in accordance with the three-level hierarchy of fair value measurements. All of the significant inputs to the third-party valuation models are observable in active markets. Inputs include current market-based parameters such as forward rates and yield curves. For additional information related to the three-level hierarchy of fair value measurements, see Note 12 (Retirement and Profit Sharing Plans) to these Consolidated Financial Statements. Cash Flow Hedges Certain of our subsidiaries are exposed to currency risk through their use of our global delivery resources. To mitigate this risk, we use foreign currency forward contracts to hedge the foreign exchange risk of the forecasted intercompany expenses denominated in foreign currencies for up to three years in the future. We have designated these derivatives as cash flow hedges. As of August 31, 2020 and 2019, we held no derivatives that were designated as fair value or net investment hedges. In order for a derivative to qualify for hedge accounting, the derivative must be formally designated as a fair value, cash flow or net investment hedge by documenting the relationship between the derivative and the hedged item. The documentation includes a description of the hedging instrument, the hedged item, the risk being hedged, our risk management objective and strategy for undertaking the hedge, the method for assessing the effectiveness of the hedge and the method for measuring hedge ineffectiveness. Additionally, the hedge relationship must be expected to be highly effective at offsetting changes in either the fair value or cash flows of the hedged item at both inception of the hedge and on an ongoing basis. For a cash flow hedge, the effective portion of the change in estimated fair value of a hedging instrument is recorded in Accumulated other comprehensive loss as a separate component of Shareholders’ Equity and is reclassified into Cost of services in the Consolidated Income Statements during the period in which the hedged transaction is recognized. The amounts related to derivatives designated as cash flow hedges that were reclassified into Cost of services were net gains of $48,545, $48,333 and $93,105 during fiscal 2020, 2019 and 2018, respectively. The ineffective portion of the change in fair value of a cash flow hedge is recognized immediately in Other income (expense), net in the Consolidated Income Statements and for fiscal 2020, 2019 and 2018, was not material. In addition, we did not discontinue any cash flow hedges during fiscal 2020, 2019 or 2018. Other Derivatives We also use foreign currency forward contracts, which have not been designated as hedges, to hedge balance sheet exposures, such as intercompany loans. These instruments are generally short-term in nature, with typical maturities of less than one year, and are subject to fluctuations in foreign exchange rates. Realized gains or losses and changes in the estimated fair value of these derivatives were a net gain of $111,623, for fiscal 2020 and net losses of $112,113 and $114,076 for fiscal 2019 and 2018, respectively. Gains and losses on these contracts are recorded in Other income (expense), net in the Consolidated Income Statements and are offset by gains and losses on the related hedged items. Fair Value of Derivative Instruments The notional and fair values of all derivative instruments are as follows:
We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for the set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. In the Consolidated Balance Sheets, we record derivative assets and liabilities at gross fair value. The potential effect of netting derivative assets against liabilities under the counterparty master agreements is as follows:
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BORROWINGS AND INDEBTEDNESS |
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| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BORROWINGS AND INDEBTEDNESS | Borrowings and Indebtedness As of August 31, 2020, we had the following borrowing facilities, including the issuance of letters of credit, to support general working capital purposes:
(1)On December 10, 2019, we replaced our $1,000,000 syndicated loan facility maturing on December 22, 2020 with a $1,000,000 syndicated loan facility maturing on December 10, 2024. This facility provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2020 and 2019, we had no borrowings under the facility. (2)On June 17, 2020, we entered into a $1,000,000 364-day syndicated loan facility, which matures on June 16, 2021. As of August 31, 2020 we had no borrowings under the facility. In the event of a loan drawn against this facility, the lenders have the option to require us to repay the loan by issuing public debt within 45 days of their request. (3)We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2020 and 2019, we had no borrowings under these facilities. (4)We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2020 and 2019, we had borrowings under these various facilities of $0 and $2,458, respectively. Under the borrowing facilities described above, we had an aggregate of $487,795 and $390,295 of letters of credit outstanding as of August 31, 2020 and 2019, respectively. In addition, we had total outstanding debt of $61,872 and $22,658 as of August 31, 2020 and 2019, respectively.
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INCOME TAXES |
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| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INCOME TAXES | Income Taxes
The components of Income before income taxes are as follows:
On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Tax Act”), which significantly changed U.S. tax law. The Tax Act lowered the U.S. statutory federal income tax rate from 35% to 21%, effective January 1, 2018, resulting in a blended U.S. statutory federal income tax rate of 25.7% for our fiscal year ended August 31, 2018 and a U.S. statutory federal income tax rate of 21.0% for our fiscal year ended August 31, 2019. During fiscal 2018, we recognized tax expense of $177,651 due primarily to the remeasurement of our net deferred tax assets at the new, lower rates. The reconciliation of the U.S. federal statutory income tax rate to our effective income tax rate is as follows:
(1)Final determinations include final agreements with tax authorities and expirations of statutes of limitations. As of August 31, 2020, we had not recognized a deferred tax liability on $798,654 of undistributed earnings for certain foreign subsidiaries, because these earnings are intended to be indefinitely reinvested. If such earnings were distributed, some countries may impose additional taxes. The unrecognized deferred tax liability (the amount payable if distributed) is approximately $40,000. Portions of our operations are subject to reduced tax rates or are free of tax under various tax holidays which expire between fiscal 2022 and 2025. The income tax benefits attributable to the tax status of these subsidiaries were estimated to be approximately $38,000, $95,000 and $103,000 in fiscal 2020, 2019 and 2018, respectively. The revaluation of deferred tax assets and liabilities due to enacted changes in tax laws and tax rates did not have a material impact on our effective tax rate in fiscal 2020 or 2019. The components of our deferred tax assets and liabilities included the following:
(1)Prior period amounts have been reclassified to conform with the current period presentation. We recorded valuation allowances of $757,799 and $606,765 as of August 31, 2020 and 2019, respectively, against deferred tax assets principally associated with certain tax credit and tax net operating loss carryforwards, as we believe it is more likely than not that these assets will not be realized. For all other deferred tax assets, we believe it is more likely than not that the results of future operations will generate sufficient taxable income to realize these deferred tax assets. During fiscal 2020, we recorded a net increase of $151,034 in the valuation allowance. The majority of this change related to valuation allowances on certain tax credit carryforwards, as we believe it is more likely than not that these assets will not be realized. During fiscal 2019, we recorded a net increase of $154,990 in the valuation allowance. The majority of this change related to valuation allowances on certain tax credit carryforwards, as we believe it is more likely than not that these assets will not be realized. We had tax credit carryforwards as of August 31, 2020 of $659,835, of which $24,933 will expire between 2021 and 2030, $470 will expire between 2031 and 2040, and $634,432 has an indefinite carryforward period. We had net operating loss carryforwards as of August 31, 2020 of $721,168. Of this amount, $124,845 expires between 2021 and 2030, $18,617 expires between 2031 and 2040, and $577,706 has an indefinite carryforward period. As of August 31, 2020, we had $1,238,945 of unrecognized tax benefits, of which $934,183, if recognized, would favorably affect our effective tax rate. As of August 31, 2019, we had $1,233,014 of unrecognized tax benefits, of which $908,522, if recognized, would favorably affect our effective tax rate. The remaining unrecognized tax benefits as of August 31, 2020 and 2019 of $304,762 and $324,492, respectively, represent items recorded as offsetting tax benefits associated with the correlative effects of potential transfer pricing adjustments, state income taxes and timing adjustments. A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows:
For the year ended August 31, 2019, most of the additions for tax positions related to prior years are for items that had no net impact to the consolidated financial statements. We recognize interest and penalties related to unrecognized tax benefits in our Income tax expense. During fiscal 2020, 2019 and 2018, we recognized expense of $21,140, $8,645 and $37,230 in interest and penalties, respectively. Accrued interest and penalties related to unrecognized tax benefits of $129,597 ($118,533, net of tax benefits) and $114,566 ($105,852, net of tax benefits) were reflected on our Consolidated Balance Sheets as of August 31, 2020 and 2019, respectively. We have participated in the U.S. Internal Revenue Service (“IRS”) Compliance Assurance Process (“CAP”) program since fiscal 2016. CAP tax years are examined by the IRS on a contemporaneous basis so that most issues are resolved prior to filing the tax return. We are currently under audit in numerous state and non-U.S. tax jurisdictions. However, with limited exceptions, we are no longer subject to income tax audits by those taxing authorities for years before 2013. Although the outcome of tax audits is always uncertain and could result in significant cash tax payments, we do not believe the outcome of these audits will have a material adverse effect on our consolidated financial position or results of operations. We believe that it is reasonably possible that our unrecognized tax benefits could decrease by approximately $283,000 or increase by approximately $405,000 in the next 12 months as a result of settlements, lapses of statutes of limitations, tax audit activity and other adjustments. The majority of these amounts relate to transfer pricing matters in both U.S. and non-U.S. tax jurisdictions.
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RETIREMENT AND PROFIT SHARING PLANS |
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| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RETIREMENT AND PROFIT SHARING PLANS | Retirement and Profit Sharing Plans Defined Benefit Pension and Postretirement Plans In the United States and certain other countries, we maintain and administer defined benefit retirement plans and postretirement medical plans for certain current, retired and resigned employees. In addition, our U.S. defined benefit pension plans include a frozen plan for former pre-incorporation partners, which is unfunded. Benefits under the employee retirement plans are primarily based on years of service and compensation during the years immediately preceding retirement or termination of participation in the plan. The defined benefit pension disclosures include our U.S. and material non-U.S. defined benefit pension plans. Assumptions The weighted-average assumptions used to determine the defined benefit pension obligations as of August 31 and the net periodic pension expense are as follows:
We utilize a full yield curve approach to estimate the service and interest cost components by applying specific spot rates along the yield curve used in the determination of the benefit obligation to the relevant projected cash flows. This approach provides a correlation between projected benefit cash flows and the corresponding yield curve spot rates and provides a precise measurement of service and interest costs. The discount rate assumptions are based on the expected duration of the benefit payments for each of our defined benefit pension and postretirement plans as of the annual measurement date and are subject to change each year. The expected long-term rate of return on plan assets should, over time, approximate the actual long-term returns on defined benefit pension and postretirement plan assets and is based on historical returns and the future expectations for returns for each asset class, as well as the target asset allocation of the asset portfolio. Assumed U.S. Health Care Cost Trend Our U.S. postretirement plan assumed annual rate of increase in the per capita cost of health care benefits is 6.4% for the plan year ending June 30, 2021. The rate is assumed to decrease on a straight-line basis to 4.5% for the plan year ending June 30, 2038 and remain at that level thereafter. A one percentage point increase in the assumed health care cost trend rates would increase the benefit obligation by $119,602, while a one percentage point decrease would reduce the benefit obligation by $92,093. Pension and Postretirement Expense Pension expense for fiscal 2020, 2019 and 2018 was $168,367, $137,030 and $125,320, respectively. Postretirement expense for fiscal 2020, 2019 and 2018 was not material to our Consolidated Financial Statements. The service cost component of pension and postretirement expense is included in operating expenses while the other components of net benefit cost are included in Other income (expense), net. Benefit Obligation, Plan Assets and Funded Status The changes in the benefit obligations, plan assets and funded status of our pension and postretirement benefit plans for fiscal 2020 and 2019 are as follows:
Accumulated Other Comprehensive Loss The pre-tax accumulated net loss and prior service (credit) cost recognized in Accumulated other comprehensive loss as of August 31, 2020 and 2019 is as follows:
Funded Status for Defined Benefit Plans The accumulated benefit obligation for defined benefit pension plans as of August 31, 2020 and 2019 is as follows:
The following information is provided for defined benefit pension plans and postretirement plans with projected benefit obligations in excess of plan assets and for defined benefit pension plans with accumulated benefit obligations in excess of plan assets as of August 31, 2020 and 2019:
Investment Strategies U.S. Pension Plans The overall investment objective of the defined benefit pension plans is to match the duration of the plans’ assets to the plans’ liabilities while managing risk in order to meet current defined benefit pension obligations. The plans’ future prospects, their current financial conditions, our current funding levels and other relevant factors suggest that the plans can tolerate some interim fluctuations in market value and rates of return in order to achieve long-term objectives without undue risk to the plans’ ability to meet their current benefit obligations. We recognize that asset allocation of the defined benefit pension plans’ assets is an important factor in determining long-term performance. Actual asset allocations at any point in time may vary from the target asset allocations and will be dictated by current and anticipated market conditions, required cash flows and investment decisions of the investment committee and the pension plans’ investment funds and managers. Ranges are established to provide flexibility for the asset allocation to vary around the targets without the need for immediate rebalancing. Non-U.S. Pension Plans Plan assets in non-U.S. defined benefit pension plans conform to the investment policies and procedures of each plan and to relevant legislation. The pension committee or trustee of each plan regularly, but at least annually, reviews the investment policy and the performance of the investment managers. In certain countries, the trustee is also required to consult with us. Asset allocation decisions are made to provide risk adjusted returns that align with the overall investment strategy for each plan. Generally, the investment return objective of each plan is to achieve a total annualized rate of return that exceeds inflation over the long term by an amount based on the target asset allocation mix of that plan. In certain countries, plan assets are invested in funds that are required to hold a majority of assets in bonds, with a smaller proportion in equities. Also, certain plan assets are entirely invested in contracts held with the plan insurer, which determines the strategy. Defined benefit pension plans in certain countries are unfunded. Risk Management Plan investments are exposed to risks including market, interest rate and operating risk. In order to mitigate significant concentrations of these risks, the assets are invested in a diversified portfolio primarily consisting of fixed income instruments and equities. To minimize asset volatility relative to the liabilities, plan assets allocated to debt securities appropriately match the duration of individual plan liabilities. Equities are diversified between U.S. and non-U.S. index funds and are intended to achieve long term capital appreciation. Plan asset allocation and investment managers’ guidelines are reviewed on a regular basis. Plan Assets Our target allocation for fiscal 2020 and weighted-average plan assets allocations as of August 31, 2020 and 2019 by asset category for defined benefit pension plans are as follows:
Fair Value Measurements Fair value is the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. The three-level hierarchy of fair value measurements is based on whether the inputs to those measurements are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. The fair-value hierarchy requires the use of observable market data when available and consists of the following levels: •Level 1—Quoted prices for identical instruments in active markets; •Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets; and •Level 3—Valuations derived from valuation techniques in which one or more significant inputs are unobservable. The fair values of defined benefit pension and postretirement plan assets as of August 31, 2020 are as follows:
The level 3 assets are primarily invested in an insurance buy-in contract in a Non-U.S. plan. The fair value of the assets is set to an actuarially calculated present value of the underlying liabilities. The U.S. Plans have $313,015 in Level 2 assets, primarily made up of U.S. corporate debt securities of $185,981 and U.S. government, state and local debt securities of $75,583. The following table provides a reconciliation of the beginning and ending balances of Level 3 assets for fiscal 2020:
The fair values of defined benefit pension and postretirement plan assets as of August 31, 2019 are as follows:
The level 3 assets are primarily invested in an insurance buy-in contract in a Non-U.S. plan. The fair value of the assets is set to an actuarially calculated present value of the underlying liabilities. The U.S. Plans have $289,200 in Level 2 assets, primarily made up of U.S. corporate debt securities of $166,756 and U.S. government, state and local debt securities of $71,745. The following table provides a reconciliation of the beginning and ending balances of Level 3 assets for fiscal 2019:
Expected Contributions Generally, annual contributions are made at such times and in amounts as required by law and may, from time to time, exceed minimum funding requirements. We estimate we will pay approximately $106,001 in fiscal 2021 related to contributions to our U.S. and non-U.S. defined benefit pension plans and benefit payments related to the unfunded frozen plan for former pre-incorporation partners. We have not determined whether we will make additional voluntary contributions for our defined benefit pension plans. Our postretirement plan contributions in fiscal 2021 are not expected to be material to our Consolidated Financial Statements. Estimated Future Benefit Payments Benefit payments for defined benefit pension plans and postretirement plans, which reflect expected future service, as appropriate, are expected to be paid as follows:
Defined Contribution Plans In the United States and certain other countries, we maintain and administer defined contribution plans for certain current, retired and resigned employees. Total expenses recorded for defined contribution plans were $557,888, $530,501 and $485,736 in fiscal 2020, 2019 and 2018, respectively.
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SHARE-BASED COMPENSATION |
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| SHARE-BASED COMPENSATION | Share-Based Compensation Share Incentive Plans The Amended and Restated Accenture plc 2010 Share Incentive Plan, as amended and approved by our shareholders in 2020 (the “Amended 2010 SIP”), is administered by the Compensation Committee of the Board of Directors of Accenture and provides for the grant of nonqualified share options, incentive stock options, restricted share units and other share-based awards. A maximum of 114,000,000 Accenture plc Class A ordinary shares are currently authorized for awards under the Amended 2010 SIP. As of August 31, 2020, there were 25,216,854 shares available for future grants. Accenture plc Class A ordinary shares covered by awards that terminate, lapse or are cancelled may again be used to satisfy awards under the Amended 2010 SIP. We issue new Accenture plc Class A ordinary shares and shares from treasury for shares delivered under the Amended 2010 SIP. A summary of information with respect to share-based compensation is as follows:
Restricted Share Units Under the Amended 2010 SIP, participants may be, and previously under the predecessor 2001 Share Incentive Plan were, granted restricted share units, each of which represent an unfunded, unsecured right to receive an Accenture plc Class A ordinary share on the date specified in the participant’s award agreement. The fair value of the awards is based on our stock price on the date of grant. The restricted share units granted under these plans are subject to cliff or graded vesting, generally ranging from two to five years. For awards with graded vesting, compensation expense is recognized over the vesting term of each separately vesting portion. Compensation expense is recognized on a straight-line basis for awards with cliff vesting. Restricted share unit activity during fiscal 2020 is as follows:
(1)The weighted average grant-date fair value for restricted share units granted for fiscal 2020, 2019 and 2018 was $206.05, $144.52 and $153.33, respectively. (2)The total grant-date fair value of restricted share units vested for fiscal 2020, 2019 and 2018 was $1,066,622, $914,206 and $842,002, respectively. As of August 31, 2020, there was $1,083,367 of total unrecognized restricted share unit compensation expense related to nonvested awards, which is expected to be recognized over a weighted average period of 1.2 years. As of August 31, 2020, there were 553,907 restricted share units vested but not yet delivered as Accenture plc Class A ordinary shares. Employee Share Purchase Plan 2010 ESPP The Amended and Restated Accenture plc 2010 Employee Share Purchase Plan (the “2010 ESPP”) is a nonqualified plan that provides eligible employees of Accenture plc and its designated affiliates with an opportunity to purchase Accenture plc Class A ordinary shares through payroll deductions. Under the 2010 ESPP, eligible employees may purchase Accenture plc Class A ordinary shares through the Employee Share Purchase Plan (the “ESPP”) or the Voluntary Equity Investment Program (the “VEIP”). Under the ESPP, eligible employees may elect to contribute 1% to 10% of their eligible compensation during each semi-annual offering period (up to $7.5 per offering period) to purchase Accenture plc Class A ordinary shares at a discount. Under the VEIP, eligible members of Accenture Leadership may elect to contribute up to 30% of their eligible compensation towards the monthly purchase of Accenture plc Class A ordinary shares at fair market value. At the end of the VEIP program year, Accenture Leadership participants who did not withdraw from the program will be granted restricted share units under the Amended 2010 SIP equal to 50% of the number of shares purchased during that year and held by the participant as of the grant date. A maximum of 90,000,000 Accenture plc Class A ordinary shares may be issued under the 2010 ESPP. As of August 31, 2020, we had issued 64,956,222 Accenture plc Class A ordinary shares under the 2010 ESPP. We issued 5,410,497, 5,433,817 and 5,428,356 shares to employees in fiscal 2020, 2019 and 2018, respectively, under the 2010 ESPP.
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SHAREHOLDERS' EQUITY |
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| SHAREHOLDERS' EQUITY | Shareholders’ Equity Accenture plc Ordinary Shares We have 40,000 authorized ordinary shares, par value €1 per share. Each ordinary share of Accenture plc entitles its holder to receive payments upon a liquidation of Accenture plc; however a holder of an ordinary share is not entitled to vote on matters submitted to a vote of shareholders of Accenture plc or to receive dividends. Class A Ordinary Shares An Accenture plc Class A ordinary share entitles its holder to one vote per share, and holders of those shares do not have cumulative voting rights. Each Class A ordinary share entitles its holder to a pro rata part of any dividend at the times and in the amounts, if any, which Accenture plc’s Board of Directors from time to time determines to declare, subject to any preferred dividend rights attaching to any preferred shares. Each Class A ordinary share is entitled on a winding-up of Accenture plc to be paid a pro rata part of the value of the assets of Accenture plc remaining after payment of its liabilities, subject to any preferred rights on liquidation attaching to any preferred shares. Class X Ordinary Shares Most of our pre-incorporation partners who received Accenture Canada Holdings Inc. exchangeable shares in connection with our transition to a corporate structure received a corresponding number of Accenture plc Class X ordinary shares. An Accenture plc Class X ordinary share entitles its holder to one vote per share, and holders of those shares do not have cumulative voting rights. A Class X ordinary share does not entitle its holder to receive dividends, and holders of those shares are not entitled to be paid any amount upon a winding-up of Accenture plc. Accenture plc may redeem, at its option, any Class X ordinary share for a redemption price equal to the par value of the Class X ordinary share. Accenture plc has separately agreed with the original holders of Accenture Canada Holdings Inc. exchangeable shares not to redeem any Class X ordinary share of such holder if the redemption would reduce the number of Class X ordinary shares held by that holder to a number that is less than the number of Accenture Canada Holdings Inc. exchangeable shares owned by that holder, as the case may be. Accenture plc will redeem Class X ordinary shares upon the redemption or exchange of Accenture Canada Holdings Inc. exchangeable shares so that the aggregate number of Class X ordinary shares outstanding at any time does not exceed the aggregate number of Accenture Canada Holdings Inc. exchangeable shares outstanding. Class X ordinary shares are not transferable without the consent of Accenture plc. Equity of Subsidiaries Redeemable or Exchangeable for Accenture plc Class A Ordinary Shares Accenture Canada Holdings Inc. Exchangeable Shares Pre-incorporation partners resident in Canada and New Zealand received Accenture Canada Holdings Inc. exchangeable shares in connection with our transition to a corporate structure. Holders of Accenture Canada Holdings Inc. exchangeable shares may exchange their shares for Accenture plc Class A ordinary shares at any time on a one-for-one basis. We may, at our option, satisfy this exchange with cash at a price per share generally equal to the market price of an Accenture plc Class A ordinary share at the time of the exchange. Each exchangeable share of Accenture Canada Holdings Inc. entitles its holder to receive distributions equal to any distributions to which an Accenture plc Class A ordinary share entitles its holder. Share Purchases and Redemptions The Board of Directors of Accenture plc has authorized funding for our publicly announced open-market share purchase program for acquiring Accenture plc Class A ordinary shares and for purchases and redemptions of Accenture plc Class A ordinary shares and Accenture Canada Holdings Inc. exchangeable shares held by current and former members of Accenture Leadership and their permitted transferees. As of August 31, 2020, our aggregate available authorization was $1,314,762 for our publicly announced open-market share purchase and these other share purchase programs. Our share purchase activity during fiscal 2020 is as follows:
(1)We conduct a publicly announced open-market share purchase program for Accenture plc Class A ordinary shares. These shares are held as treasury shares by Accenture plc and may be utilized to provide for select employee benefits, such as equity awards to our employees. (2)During fiscal 2020, as authorized under our various employee equity share plans, we acquired Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under those plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and the other share purchase programs. Cancellation of Treasury Shares During fiscal 2020, we cancelled 5,526,491 Accenture plc Class A ordinary shares that were held as treasury shares and had an aggregate cost of $1,056,145. The effect of the cancellation of these treasury shares was recognized in Class A ordinary shares and Additional paid-in capital with the residual recorded in Retained earnings. There was no effect on total shareholders’ equity as a result of this cancellation. Dividends Our dividend activity during fiscal 2020 is as follows:
The payment of the cash dividends also resulted in the issuance of an immaterial number of additional restricted share units to holders of restricted share units. Subsequent Events On September 23, 2020, the Board of Directors of Accenture plc declared a quarterly cash dividend of $0.88 per share on our Class A ordinary shares for shareholders of record at the close of business on October 13, 2020 payable on November 13, 2020. The payment of the cash dividend will result in the issuance of an immaterial number of additional restricted share units to holders of restricted share units. On September 20, 2020, the Board of Directors of Accenture plc approved $5,000,000 in additional share repurchase authority bringing Accenture’s total outstanding authority to $6,314,762.
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COMMITMENTS AND CONTINGENCIES |
12 Months Ended |
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Aug. 31, 2020 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments Contingencies and Guarantees [Text Block] | Commitments and Contingencies Indemnifications and Guarantees In the normal course of business and in conjunction with certain client engagements, we have entered into contractual arrangements through which we may be obligated to indemnify clients with respect to certain matters. These arrangements with clients can include provisions whereby we have joint and several liability in relation to the performance of certain contractual obligations along with third parties also providing services and products for a specific project. In addition, our consulting arrangements may include warranty provisions that our solutions will substantially operate in accordance with the applicable system requirements. Indemnification provisions are also included in arrangements under which we agree to hold the indemnified party harmless with respect to third-party claims related to such matters as title to assets sold or licensed or certain intellectual property rights. Typically, we have contractual recourse against third parties for certain payments we made in connection with arrangements where third-party nonperformance has given rise to the client’s claim. Payments we made under any of the arrangements described above are generally conditioned on the client making a claim, which may be disputed by us typically under dispute resolution procedures specified in the particular arrangement. The limitations of liability under these arrangements may be expressly limited or may not be expressly specified in terms of time and/or amount. As of August 31, 2020 and 2019, our aggregate potential liability to our clients for expressly limited guarantees involving the performance of third parties was approximately $832,000 and $794,000, respectively, of which all but approximately $87,000 and $128,000, respectively, may be recovered from the other third parties if we are obligated to make payments to the indemnified parties as a consequence of a performance default by the other third parties. For arrangements with unspecified limitations, we cannot reasonably estimate the aggregate maximum potential liability, as it is inherently difficult to predict the maximum potential amount of such payments, due to the conditional nature and unique facts of each particular arrangement. To date, we have not been required to make any significant payment under any of the arrangements described above. We have assessed the current status of performance/payment risk related to arrangements with limited guarantees, warranty obligations, unspecified limitations and/or indemnification provisions and believe that any potential payments would be immaterial to the Consolidated Financial Statements. Legal Contingencies As of August 31, 2020, we or our present personnel had been named as a defendant in various litigation matters. We and/or our personnel also from time to time are involved in investigations by various regulatory or legal authorities concerning matters arising in the course of our business around the world. Based on the present status of these matters, including the putative class action lawsuit discussed below, management believes the range of reasonably possible losses in addition to amounts accrued, net of insurance recoveries, will not have a material effect on our results of operations or financial condition. On July 24, 2019, Accenture was named in a putative class action lawsuit filed by consumers of Marriott International, Inc. (“Marriott”) in the U.S. District Court for the District of Maryland. The complaint alleges negligence by us, and seeks monetary damages, costs and attorneys’ fees and other related relief, relating to a data security incident involving unauthorized access to the reservations database of Starwood Worldwide Resorts, Inc. (“Starwood”), which was acquired by Marriott on September 23, 2016. Since 2009, we have provided certain IT infrastructure outsourcing services to Starwood. We believe the lawsuit is without merit and we will vigorously defend it. We cannot reasonably estimate a range of loss, if any, at this time.
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SEGMENT REPORTING |
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SEGMENT REPORTING | Segment Reporting Operating segments are components of an enterprise where separate financial information is available and is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision makers are our Chief Executive Officer and Chief Financial Officer. Our operating segments are managed separately because each operating segment represents a strategic business unit providing consulting and outsourcing services to clients across different industries. Effective March 1, 2020, we began managing our business under a new growth model through our three geographic markets, North America, Europe and Growth Markets, which became our reportable segments in the third quarter of fiscal 2020. The change is designed to help us better serve our clients and continue to scale our business. Prior to this change, our reportable segments were our five operating groups, Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources, which we now refer to as our industry groups. Amounts are attributed to geographic markets based on where clients are located. Information regarding our geographic markets is as follows:
(1)Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each reportable segment, as well as an allocation for amounts they do not directly control. (2)We do not allocate total assets by reportable segment. Reportable segment assets directly attributable to a reportable segment and provided to the chief operating decision makers include receivables and current and non-current contract assets, deferred contract costs and current and non-current deferred revenues. (3)Effective September 1, 2019 we revised the reporting of our geographic markets for the movement of one country from Growth Markets to Europe. Prior period amounts have been reclassified to conform with the current period presentation. (4)Effective September 1, 2018, we adopted FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) and FASB ASU No. 2017-07, Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. Prior period amounts have been revised to conform with the current period presentation. The accounting policies of the reportable segments are the same as those described in Note 1 (Summary of Significant Accounting Policies) to these Consolidated Financial Statements. Our business in the United States represented 45%, 44% and 43% of our consolidated revenues during fiscal 2020, 2019 and 2018, respectively. No other country individually comprised 10% or more of our consolidated revenues during these periods. Business in Ireland, our country of domicile, represented approximately 1% of our consolidated revenues during each of fiscal 2020, 2019 and 2018. We conduct business in Ireland and in the following countries that hold 10% or more of our total consolidated Property and equipment, net:
Revenues by industry group and type of work are as follows:
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QUARTERLY DATA |
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| Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| QUARTERLY DATA | Quarterly Data (unaudited)
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) |
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basis of Presentation | Basis of Presentation The Consolidated Financial Statements include the accounts of Accenture plc, an Irish company, and our controlled subsidiary companies. Accenture plc is an Irish public limited company, which operates its business through its subsidiaries. Prior to March 13, 2018, Accenture plc’s only business was to hold ordinary and deferred shares in, and to act as the controlling shareholder of, its subsidiary, Accenture Holdings plc, an Irish public limited company. We operated our business through Accenture Holdings plc and subsidiaries of Accenture Holdings plc. Accenture plc controlled Accenture Holdings plc’s management and operations and consolidated Accenture Holdings plc’s results in our Consolidated Financial Statements. On March 13, 2018, Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. In connection with this internal merger, shareholders of Accenture Holdings plc (other than Accenture entities that held shares of Accenture Holdings plc), who primarily consisted of current and former members of Accenture Leadership and their permitted transferees, received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, and Accenture plc redeemed all Class X ordinary shares of Accenture plc owned by such shareholders. The shares of Accenture Holdings plc (for applicable periods) and Accenture Canada Holdings Inc. held by persons other than us are treated as a noncontrolling interest in the Consolidated Financial Statements. The noncontrolling interest percentage was less than 1% as of August 31, 2020 and 2019, respectively. All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. For example, a reference to “fiscal 2020” means the 12-month period that ended on August 31, 2020. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal year.
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| Use of Estimates | The preparation of the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that we may undertake in the future, actual results may be different from those estimates. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue Recognition | Revenue Recognition We account for revenue in accordance with FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which we adopted on September 1, 2018 using the modified retrospective method. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the client and is the unit of accounting in Topic 606. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. For contracts with multiple performance obligations, we allocate the contract’s transaction price to each performance obligation based on the relative standalone selling price. The primary method used to estimate standalone selling price is the expected cost plus a margin approach, under which we forecast our expected costs of satisfying a performance obligation and then add an appropriate margin for that distinct good or service based on margins for similar services sold on a standalone basis. While determining relative standalone selling price and identifying separate performance obligations require judgment, generally relative standalone selling prices and the separate performance obligations are readily identifiable as we sell those performance obligations unaccompanied by other performance obligations. Contract modifications are routine in the performance of our contracts. Contracts are often modified to account for changes in the contract specifications, requirements or duration. If a contract modification results in the addition of performance obligations priced at a standalone selling price or if the post-modification services are distinct from the services provided prior to the modification, the modification is accounted for separately. If the modified services are not distinct, they are accounted for as part of the existing contract. Our revenues are derived from contracts for outsourcing services, technology integration consulting services and non-technology integration consulting services. These contracts have different terms based on the scope, performance obligations and complexity of the engagement, which frequently require us to make judgments and estimates in recognizing revenues. We have many types of contracts, including time-and-materials contracts, fixed-price contracts, fee-per-transaction contracts and contracts with multiple fee types. The nature of our contracts gives rise to several types of variable consideration, including incentive fees. Many contracts include incentives or penalties related to costs incurred, benefits produced or adherence to schedules that may increase the variability in revenues and margins earned on such contracts. These variable amounts generally are awarded or refunded upon achievement of or failure to achieve certain performance metrics, milestones or cost targets and can be based upon client discretion. We include these variable fees in the estimated transaction price when there is a basis to reasonably estimate the amount of the fee and it is not probable a significant reversal of revenue will occur. These estimates reflect the expected value of the variable fee and are based on an assessment of our anticipated performance, historical experience and other information available at the time. Our performance obligations are satisfied over time as work progresses or at a point in time. The majority of our revenues are recognized over time based on the extent of progress towards satisfying our performance obligations. The selection of the method to measure progress towards completion requires judgment and is based on the contract and the nature of the services to be provided. Outsourcing Contracts Our outsourcing contracts typically span several years. Revenues are generally recognized on outsourcing contracts over time because our clients benefit from the services as they are performed. Outsourcing contracts require us to provide a series of distinct services each period over the contract term. Revenues from unit-priced contracts are recognized as transactions are processed. When contractual billings represent an amount that corresponds directly with the value provided to the client (e.g., time-and-materials contracts), revenues are recognized as amounts become billable in accordance with contract terms. Technology Integration Consulting Services Revenues from contracts for technology integration consulting services where we design/redesign, build and implement new or enhanced systems and related processes for our clients are recognized over time as control of the system is transferred continuously to the client. Contracts for technology integration consulting services generally span six months to two years. Generally, revenue, including estimated fees, is recognized using costs incurred to date relative to total estimated costs at completion to measure progress toward satisfying our performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to the client. Non-Technology Integration Consulting Services Our contracts for non-technology integration consulting services are typically less than a year in duration. Revenues are generally recognized over time as our clients benefit from the services as they are performed, or the contract, for which the related services lack an alternative use, includes termination provisions enabling payment for performance completed to date. When contractual billings represent an amount that corresponds directly with the value provided to the client (e.g. time-and-materials contracts), revenues are recognized as amounts become billable in accordance with contract terms. Revenues from fixed-price contracts are generally recognized using costs incurred to date relative to total estimated costs at completion to measure progress toward satisfying our performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to the client. For non-technology integration consulting contracts which do not qualify to recognize revenue over time, we recognize revenues at a point in time when the client obtains control of the promised good or service. Contract Estimates Estimates of total contract revenues and costs are continuously monitored over the lives of our contracts, and recorded revenues and cost estimates are subject to revision as the contract progresses. If at any time the estimate of contract profitability indicates an anticipated loss on a technology integration consulting contract, we recognize the loss in the quarter it first becomes probable and reasonably estimable. Contract Balances The timing of revenue recognition, billings and cash collections results in Receivables, Contract assets, and Deferred revenues (Contract liabilities) on our Consolidated Balance Sheet. Amounts are billed as work progresses in accordance with agreed-upon contractual terms, either at periodic intervals (e.g., monthly or quarterly) or upon achievement of contractual milestones. Our receivables are rights to consideration that are conditional only upon the passage of time as compared to our contract assets, which are rights to consideration conditional upon additional factors. When we bill or receive payments from our clients before revenue is recognized, we record Contract liabilities. Contract assets and liabilities are reported on our Consolidated Balance Sheet on a contract-by-contract basis at the end of each reporting period. For some outsourcing contracts, we receive payments for transition or set-up activities, which are deferred and recognized as revenue as the services are provided. These advance payments are typically not a significant financing component because they are used to meet working capital demands in the early stages of a contract and to protect us from the other party failing to complete its obligations under the contract. We elected the practical expedient to report revenues net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue-producing transactions.
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| Employee Share-Based Compensation Arrangements | Employee Share-Based Compensation Arrangements Share-based compensation expense is recognized over the requisite service period for awards of equity instruments to employees based on the grant date fair value of those awards expected to ultimately vest. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes | Income Taxes We calculate and provide for income taxes in each of the tax jurisdictions in which we operate. Deferred tax assets and liabilities, measured using enacted tax rates, are recognized for the future tax consequences of temporary differences between the tax and financial statement bases of assets and liabilities. A valuation allowance reduces the deferred tax assets to the amount that is more likely than not to be realized. We establish liabilities or reduce assets when we believe tax positions are not more likely than not of being sustained if challenged. Recognized tax positions are measured at the largest amount of benefit greater than 50 percent likely of being realized. Each fiscal quarter, we evaluate tax positions and adjust the related tax assets and liabilities in light of changing facts and circumstances. We release stranded tax effects from Accumulated other comprehensive loss using the specific identification approach for our defined benefit plans and the portfolio approach for other items. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Translation of Non-U.S. Currency Amounts | Translation of Non-U.S. Currency Amounts Assets and liabilities of non-U.S. subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at fiscal year-end exchange rates. Revenue and expense items are translated at average foreign currency exchange rates prevailing during the fiscal year. Translation adjustments are included in Accumulated other comprehensive loss. Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment nature are reported in the same manner as translation adjustments. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents consist of all cash balances and liquid investments with original maturities of three months or less, including certificates of deposit and time deposits. As a result of certain subsidiaries’ cash management systems, checks issued but not presented to the banks for payment may create negative book cash balances. Such negative balances are classified as Current portion of long term debt and bank borrowings. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Client Receivables, Unbilled Services and Allowances | Allowances for Client Receivables We record our client receivables at their face amounts less allowances. On a periodic basis, we evaluate our receivables and establish allowances based on historical experience and other currently available information. As of August 31, 2020 and 2019, total allowances recorded for client receivables were $40,277 and $45,538, respectively. The allowance reflects our best estimate of collectibility risks on outstanding receivables. In limited circumstances, we agree to extend financing to certain clients. The terms vary by contract, but generally payment for services is contractually linked to the achievement of specified performance milestones. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Concentrations of Credit Risk | Concentrations of Credit Risk Our financial instruments, consisting primarily of cash and cash equivalents, foreign currency exchange rate instruments and client receivables, are exposed to concentrations of credit risk. We place our cash and cash equivalents and foreign exchange instruments with highly-rated financial institutions, limit the amount of credit exposure with any one financial institution and conduct ongoing evaluations of the credit worthiness of the financial institutions with which we do business. Client receivables are dispersed across many different industries and countries; therefore, concentrations of credit risk are limited. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments | Investments All available-for-sale securities and liquid investments with an original maturity greater than three months but less than one year are considered to be Short-term investments. Non-current investments consist of equity securities in publicly-traded and privately-held companies and are accounted for using either the equity or fair value measurement alternative method of accounting (for investments without readily determinable fair values). Investments are periodically assessed for other-than-temporary impairment. If an investment is deemed to have experienced an other-than-temporary decline below its cost basis, we reduce the carrying amount of the investment to its estimated fair value. Our non-current investments are as follows:
For investments in which we can exercise significant influence but do not control, we use the equity method of accounting. Equity method investments are initially recorded at cost and our proportionate share of gains and losses of the investee are included as a component of other income (expense), net. Our equity method investments consist primarily of an investment in Duck Creek Technologies. As of August 31, 2020, the carrying amount of our investment was $230,219 and the estimated fair value of our approximately 22% ownership was $956,308. For equity securities without a readily determinable fair value, we use the fair value measurement alternative and measure the securities at cost less impairment, if any, plus or minus observable price changes in orderly transactions for an identical or similar investment of the same issuer.
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| Property and Equipment | Property and Equipment Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:
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| Goodwill and Intangible Assets, Goodwill, Policy | Goodwill Goodwill represents the excess of the purchase price of an acquired entity over the fair value of net assets acquired. We review the recoverability of goodwill by reportable operating segment annually, or more frequently when indicators of impairment exist. Based on the results of our annual impairment analysis, we determined that no impairment existed as of August 31, 2020 or 2019, as each reportable segment’s estimated fair value substantially exceeded its carrying value. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Lived Assets | Long-Lived Assets Long-lived assets, including deferred contract costs and identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or group of assets may not be recoverable. Recoverability of long-lived assets or groups of assets is assessed based on a comparison of the carrying amount to the estimated future net cash flows. If estimated future undiscounted net cash flows are less than the carrying amount, the asset is considered impaired and a loss is recorded equal to the amount required to reduce the carrying amount to fair value. Intangible assets with finite lives are generally amortized using the straight-line method over their estimated economic useful lives, ranging from one to sixteen years.
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) |
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting Standards Update and Change in Accounting Principle [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Other Operating Cost and Expense, by Component [Table Text Block] | Selected components of operating expenses are as follows:
(1)Advertising costs are expensed as incurred. (2)For additional information, see “Allowances for Client Receivables.”
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| Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] | The impact of adopting Topic 842 on our Consolidated Balance Sheets is as follows:
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| Investment | Our non-current investments are as follows:
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REVENUES (Tables) |
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| Contract Balances [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Contract with Customer, Asset and Liability [Table Text Block] | The following table provides information about the balances of our Receivables, Contract assets and Contract liabilities (Deferred revenues):
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EARNINGS PER SHARE (Tables) |
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basic and Diluted Earnings Per Share | Basic and diluted earnings per share are calculated as follows:
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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Accumulated Other Comprehensive Loss | The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive loss attributable to Accenture plc:
(1)As of August 31, 2020, $54,285 of net losses is expected to be reclassified into net periodic pension and post-retirement expense recognized in cost of services, sales and marketing, general and administrative costs and non-operating expenses in the next twelve months. (2)As of August 31, 2020, $62,257 of net unrealized gains related to derivatives designated as cash flow hedges is expected to be reclassified into cost of services in the next twelve months.
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PROPERTY AND EQUIPMENT (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Property and Equipment, Net | Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:
The components of Property and equipment, net are as follows:
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BUSINESS COMBINATIONS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination Disclosure [Text Block] | The table below gives additional details related to these acquisitions:
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GOODWILL AND INTANGIBLE ASSETS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Goodwill [Table Text Block] | The changes in the carrying amount of goodwill by reportable operating segment are as follows:
(1)Effective March 1, 2020, we began managing our business under a new growth model through our three geographic markets, which became our reportable segments in the third quarter of fiscal 2020. Goodwill includes immaterial adjustments related to prior period acquisitions.
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| Schedule of Finite-Lived Intangible Assets [Table Text Block] | Our definite-lived intangible assets by major asset class are as follows:
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Total amortization related to our intangible assets was $239,664, $177,150 and $170,187 for fiscal 2020, 2019 and 2018, respectively. Estimated future amortization related to intangible assets held as of August 31, 2020 is as follows:
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LEASES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease, Cost | As of August 31, 2020, we had no material finance leases. Operating lease expense is recorded on a straight-line basis over the lease term. Lease costs are as follows:
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| Schedule of Future Minimum Rental Payments for Operating Leases | Future minimum rental commitments under non-cancelable operating leases as of August 31, 2019, which were accounted for in accordance with Topic 840, are as follows:
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| Lessee, Operating Lease, Liability, Maturity | The following maturity analysis presents future undiscounted cash outflows for operating leases as of August 31, 2020:
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| acn_Supplementalinformationrelatedtooperatingleasetransactions | Supplemental information related to operating lease transactions is as follows:
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FINANCIAL INSTRUMENTS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notional and Fair Values of All Derivative Instruments | The notional and fair values of all derivative instruments are as follows:
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| OffsettingDerivativeAssetsandLiabilities [Table Text Block] | We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for the set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. In the Consolidated Balance Sheets, we record derivative assets and liabilities at gross fair value. The potential effect of netting derivative assets against liabilities under the counterparty master agreements is as follows:
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BORROWINGS AND INDEBTEDNESS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amounts of Borrowing Facilities and Borrowings Under Facilities, Table | As of August 31, 2020, we had the following borrowing facilities, including the issuance of letters of credit, to support general working capital purposes:
(1)On December 10, 2019, we replaced our $1,000,000 syndicated loan facility maturing on December 22, 2020 with a $1,000,000 syndicated loan facility maturing on December 10, 2024. This facility provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2020 and 2019, we had no borrowings under the facility. (2)On June 17, 2020, we entered into a $1,000,000 364-day syndicated loan facility, which matures on June 16, 2021. As of August 31, 2020 we had no borrowings under the facility. In the event of a loan drawn against this facility, the lenders have the option to require us to repay the loan by issuing public debt within 45 days of their request. (3)We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2020 and 2019, we had no borrowings under these facilities. (4)We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2020 and 2019, we had borrowings under these various facilities of $0 and $2,458, respectively.
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INCOME TAXES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current and Deferred Income Taxes by Period |
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| Components of Income Before Income Taxes | The components of Income before income taxes are as follows:
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| Reconciliation of the U.S. federal statutory income tax rate to effective tax rate [Table Text Block] | The reconciliation of the U.S. federal statutory income tax rate to our effective income tax rate is as follows:
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| Components of Deferred Tax Assets And Liabilities | The components of our deferred tax assets and liabilities included the following:
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| Reconciliation of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows:
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RETIREMENT AND PROFIT SHARING PLANS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 |
Aug. 31, 2019 |
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| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | The following table provides a reconciliation of the beginning and ending balances of Level 3 assets for fiscal 2020:
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The following table provides a reconciliation of the beginning and ending balances of Level 3 assets for fiscal 2019:
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| Schedule of Weighted-Average Assumptions Used to Determine the Fiscal Year-End Pension Benefit | The weighted-average assumptions used to determine the defined benefit pension obligations as of August 31 and the net periodic pension expense are as follows:
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| Schedule of Changes in Benefit Obligation, Plan Assets and Funded Status | The changes in the benefit obligations, plan assets and funded status of our pension and postretirement benefit plans for fiscal 2020 and 2019 are as follows:
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| Schedule of Defined Benefit Plan in Accumulated Other Comprehensive Income (Loss) | The pre-tax accumulated net loss and prior service (credit) cost recognized in Accumulated other comprehensive loss as of August 31, 2020 and 2019 is as follows:
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| Schedule of Accumulated Benefit Obligation | The accumulated benefit obligation for defined benefit pension plans as of August 31, 2020 and 2019 is as follows:
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| Schedule of Projected Benefit Obligation in Excess of Plan Assets | The following information is provided for defined benefit pension plans and postretirement plans with projected benefit obligations in excess of plan assets and for defined benefit pension plans with accumulated benefit obligations in excess of plan assets as of August 31, 2020 and 2019:
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| Schedule of Accumulated Benefit Obligation in Excess of Plan Assets |
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| Schedule of Weighted-Average Plan Assets Allocation | Our target allocation for fiscal 2020 and weighted-average plan assets allocations as of August 31, 2020 and 2019 by asset category for defined benefit pension plans are as follows:
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| Schedule of Fair Value of Plan Assets | The fair values of defined benefit pension and postretirement plan assets as of August 31, 2020 are as follows:
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The fair values of defined benefit pension and postretirement plan assets as of August 31, 2019 are as follows:
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| Estimated Future Benefit Payments | Benefit payments for defined benefit pension plans and postretirement plans, which reflect expected future service, as appropriate, are expected to be paid as follows:
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SHARE-BASED COMPENSATION (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Share-Based Compensation | A summary of information with respect to share-based compensation is as follows:
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| Restricted Share Units |
(1)The weighted average grant-date fair value for restricted share units granted for fiscal 2020, 2019 and 2018 was $206.05, $144.52 and $153.33, respectively. (2)The total grant-date fair value of restricted share units vested for fiscal 2020, 2019 and 2018 was $1,066,622, $914,206 and $842,002, respectively.
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SHAREHOLDERS' EQUITY (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share purchase and redemption activity | Our share purchase activity during fiscal 2020 is as follows:
(1)We conduct a publicly announced open-market share purchase program for Accenture plc Class A ordinary shares. These shares are held as treasury shares by Accenture plc and may be utilized to provide for select employee benefits, such as equity awards to our employees. (2)During fiscal 2020, as authorized under our various employee equity share plans, we acquired Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under those plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and the other share purchase programs.
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| Dividends Declared | Our dividend activity during fiscal 2020 is as follows:
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SEGMENT REPORTING (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reportable Operating Segments | Amounts are attributed to geographic markets based on where clients are located. Information regarding our geographic markets is as follows:
(1)Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each reportable segment, as well as an allocation for amounts they do not directly control. (2)We do not allocate total assets by reportable segment. Reportable segment assets directly attributable to a reportable segment and provided to the chief operating decision makers include receivables and current and non-current contract assets, deferred contract costs and current and non-current deferred revenues. (3)Effective September 1, 2019 we revised the reporting of our geographic markets for the movement of one country from Growth Markets to Europe. Prior period amounts have been reclassified to conform with the current period presentation. (4)Effective September 1, 2018, we adopted FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) and FASB ASU No. 2017-07, Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. Prior period amounts have been revised to conform with the current period presentation.
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| Concentration of Assets by Country | We conduct business in Ireland and in the following countries that hold 10% or more of our total consolidated Property and equipment, net:
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| RevenuesByTypeOfWork [Table Text Block] | Revenues by industry group and type of work are as follows:
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QUARTERLY DATA (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Quarterly Financial Information |
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SUMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives of Property and Equipment (Details) |
12 Months Ended |
|---|---|
Aug. 31, 2020 | |
| Computers, related equipment and software | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Estimated Useful Lives | 2 |
| Computers, related equipment and software | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Estimated Useful Lives | 7 |
| Furniture and fixtures | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Estimated Useful Lives | 5 |
| Furniture and fixtures | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Estimated Useful Lives | 10 |
| Leasehold improvements | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Estimated Useful Lives | Lesser of lease term or 15 years |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Selected Components of Operating Expenses (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Accounting Policies [Abstract] | |||
| Research and development costs | $ 870,611 | $ 799,734 | $ 790,779 |
| Advertising costs (1) | 57,658 | 85,521 | 78,464 |
| Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) | $ 147 | $ 974 | $ (1,060) |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ASU Adoption - Balance Sheet Impacts (Details) - USD ($) |
Aug. 31, 2020 |
Sep. 01, 2019 |
Aug. 31, 2019 |
Sep. 01, 2018 |
|---|---|---|---|---|
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ||||
| Receivables from clients, net | $ 7,192,110,000 | $ 7,467,338,000 | ||
| Contract assets (current) | 654,782,000 | 627,733,000 | ||
| Receivables and contract assets | 7,846,892,000 | $ 8,095,071,000 | 8,095,071,000 | |
| Contract assets | 43,257,000 | 71,002,000 | 71,002,000 | |
| Deferred revenues | 3,636,741,000 | 3,188,835,000 | $ 3,188,835,000 | |
| Retained earnings | 12,375,533,000 | 10,421,538,000 | ||
| Other Assets, Current | 1,393,225,000 | $ 1,186,698,000 | 1,225,364,000 | |
| Lease assets | 3,183,346,000 | 3,169,608,000 | 0 | |
| Other non-current assets | 1,646,018,000 | 1,389,959,000 | 1,400,292,000 | |
| Lease liabilities | 756,057,000 | 699,399,000 | 0 | |
| acn_OtherLiabilitiesCurrentIncludingConsumptionTaxes | 950,747,000 | 951,450,000 | ||
| Lease liabilities | 2,667,584,000 | 2,666,344,000 | 0 | |
| Other non-current liabilities | $ 534,421,000 | 282,557,000 | $ 526,988,000 | |
| Accounting Standards Update 2016-02 [Member] | ||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ||||
| Other Assets, Current | (38,666,000) | |||
| Lease assets | 3,169,608,000 | |||
| Other non-current assets | (10,333,000) | |||
| Lease liabilities | 699,399,000 | |||
| acn_OtherLiabilitiesCurrentIncludingConsumptionTaxes | (703,000) | |||
| Lease liabilities | 2,666,344,000 | |||
| Other non-current liabilities | $ (244,431,000) |
INVESTMENTS - Debt and Equity Securities (Details) - USD ($) |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| Equity Securities without Readily Determinable Fair Value [Line Items] | ||
| Equity Method Investments | $ 240,446,000 | $ 108,342,000 |
| Equity Method Investments, Fair Value Disclosure | 956,308 | |
| Equity Securities without Readily Determinable Fair Value, Amount | 84,068,000 | 131,971,000 |
| Investments | $ 324,514,000 | $ 240,313,000 |
| acn_DuckCreekEquityMethodInvestment [Member] | ||
| Equity Securities without Readily Determinable Fair Value [Line Items] | ||
| Equity Method Investment, Ownership Percentage | 22.00% |
REVENUES Performance Obligations (Details) - USD ($) $ in Billions |
Aug. 31, 2022 |
Aug. 31, 2021 |
Aug. 31, 2020 |
|---|---|---|---|
| Revenue, Remaining Performance Obligation, Amount | $ 20 | ||
| Forecast [Member] | |||
| Revenue, Remaining Performance Obligation, Percentage | 15.00% | 67.00% |
REVENUES Contract Balances (Details) - USD ($) |
12 Months Ended | |||
|---|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
Sep. 01, 2018 |
|
| Contract Balances [Abstract] | ||||
| Deferred Transition Revenues | $ 690,931,000 | $ 563,245,000 | ||
| Deferred Transition Costs | 723,168,000 | 681,492,000 | ||
| Deferred Transition Amortization Expense | 300,680,000 | 274,814,000 | $ 333,118,000 | |
| Receivables, net of allowance | 7,192,110,000 | $ 7,467,338,000 | ||
| Contract assets (current) | 654,782,000 | 627,733,000 | ||
| Receivables and contract assets | 7,846,892,000 | 8,095,071,000 | 8,095,071,000 | |
| Contract assets | 43,257,000 | 71,002,000 | 71,002,000 | |
| Deferred revenues (current) | 3,636,741,000 | 3,188,835,000 | 3,188,835,000 | |
| Deferred revenues (non-current) | 690,931,000 | 565,224,000 | $ 565,224,000 | |
| Contract with Customer, Liability, Revenue Recognized | $ 2,800,000,000 | $ 2,900,000,000 | ||
EARNINGS PER SHARE - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
May 31, 2020 |
Feb. 29, 2020 |
Nov. 30, 2019 |
Aug. 31, 2019 |
May 31, 2019 |
Feb. 28, 2019 |
Nov. 30, 2018 |
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|||
| Basic Earnings per share | |||||||||||||
| Net income attributable to Accenture plc | $ 1,287,929 | $ 1,228,202 | $ 1,234,740 | $ 1,356,968 | $ 1,130,427 | $ 1,249,516 | $ 1,124,449 | $ 1,274,720 | $ 5,107,839 | $ 4,779,112 | $ 4,059,907 | ||
| Basic weighted average Class A ordinary shares (in shares) | 635,887,742 | 636,146,240 | 637,485,626 | 635,722,309 | 637,049,388 | 637,831,341 | 638,639,729 | 638,877,445 | 636,299,913 | 638,098,125 | 628,451,742 | ||
| Basic earnings per share (in dollars per share) | $ 2.03 | $ 1.93 | $ 1.94 | $ 2.13 | $ 1.77 | $ 1.96 | $ 1.76 | $ 2.00 | $ 8.03 | $ 7.49 | $ 6.46 | ||
| Diluted Earnings per share | |||||||||||||
| Net income attributable to Accenture plc | $ 1,287,929 | $ 1,228,202 | $ 1,234,740 | $ 1,356,968 | $ 1,130,427 | $ 1,249,516 | $ 1,124,449 | $ 1,274,720 | $ 5,107,839 | $ 4,779,112 | $ 4,059,907 | ||
| Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. (1) | [1] | 6,325 | 6,694 | 95,063 | |||||||||
| Net income for diluted earnings per share calculation | $ 5,114,164 | $ 4,785,806 | $ 4,154,970 | ||||||||||
| Basic weighted average Class A ordinary shares (in shares) | 635,887,742 | 636,146,240 | 637,485,626 | 635,722,309 | 637,049,388 | 637,831,341 | 638,639,729 | 638,877,445 | 636,299,913 | 638,098,125 | 628,451,742 | ||
| Class A ordinary shares issuable upon redemption/exchange of noncontrolling interests (1) | [1] | 787,429 | 892,654 | 14,716,884 | |||||||||
| Diluted effect of employee compensation related to Class A ordinary shares | 10,599,773 | 11,111,679 | 11,948,075 | ||||||||||
| Diluted effect of share purchase plans related to Class A ordinary shares | 109,888 | 102,415 | 179,449 | ||||||||||
| Diluted weighted average Class A ordinary shares (in shares) | 647,867,307 | 645,607,914 | 648,833,880 | 649,389,444 | 650,523,417 | 649,297,717 | 649,170,699 | 652,151,450 | 647,797,003 | 650,204,873 | 655,296,150 | ||
| Diluted earnings per share (in dollars per share) | $ 1.99 | $ 1.90 | $ 1.91 | $ 2.09 | $ 1.74 | $ 1.93 | $ 1.73 | $ 1.96 | $ 7.89 | $ 7.36 | $ 6.34 | ||
| |||||||||||||
ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|||||||
| Foreign currency translation | |||||||||
| Beginning balance | $ (1,207,975) | $ (1,075,268) | $ (770,043) | ||||||
| Foreign currency translation | 207,566 | (138,680) | (310,548) | ||||||
| Income tax benefit (expense) | (1,719) | (607) | 3,354 | ||||||
| Portion attributable to noncontrolling interests | (8,151) | 6,580 | 1,969 | ||||||
| Foreign currency translation, net of tax | 197,696 | (132,707) | (305,225) | ||||||
| Ending balance | (1,010,279) | (1,207,975) | (1,075,268) | ||||||
| Defined benefit plans | |||||||||
| Beginning balance | (672,323) | [1] | (419,284) | [1] | (440,619) | ||||
| Actuarial (gains) losses | 22,414 | (379,090) | 19,862 | ||||||
| Pension settlement | 3,757 | 793 | 3,030 | ||||||
| Prior service costs arising during the period | 0 | (2,105) | (28,696) | ||||||
| Reclassifications into net periodic pension and post-retirement expense (1) | 55,035 | 32,985 | 34,972 | ||||||
| Income tax benefit (expense) | (24,041) | 94,052 | (7,799) | ||||||
| Portion attributable to noncontrolling interests | (65) | 326 | (34) | ||||||
| Defined benefit plans, net of tax | 57,100 | (253,039) | 21,335 | ||||||
| Ending balance | [1] | (615,223) | (672,323) | (419,284) | |||||
| Cash flow hedges | |||||||||
| Beginning balance | 38,993 | [2] | (84,010) | [2] | 114,635 | ||||
| Unrealized gain (loss) | 72,437 | 209,017 | (169,958) | ||||||
| Reclassification adjustments into Cost of services | (48,545) | (48,333) | (93,105) | ||||||
| Income tax benefit (expense) | 857 | (37,522) | 64,118 | ||||||
| Portion attributable to noncontrolling interests | (28) | (159) | 300 | ||||||
| Cash flow hedges, net of tax | 24,721 | 123,003 | (198,645) | ||||||
| Ending balance (2) | [2] | 63,714 | 38,993 | (84,010) | |||||
| Investments | |||||||||
| Beginning balance | 728 | 2,391 | 1,243 | ||||||
| Unrealized gain (loss) | (778) | (1,970) | 1,455 | ||||||
| Income tax benefit (expense) | 0 | 305 | (305) | ||||||
| Portion attributable to noncontrolling interests | 1 | 2 | (2) | ||||||
| Investments, net of tax | (777) | (1,663) | 1,148 | ||||||
| Ending balance | (49) | 728 | 2,391 | ||||||
| Accumulated other comprehensive loss | (1,561,837) | $ (1,840,577) | $ (1,576,171) | ||||||
| Defined Benefit Plan, Expected Amortization, Next Fiscal Year | (54,285) | ||||||||
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | $ 62,257 | ||||||||
| |||||||||
PROPERTY AND EQUIPMENT - Components of Property and Equipment, Net (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Property, Plant and Equipment [Line Items] | |||
| Property and equipment, gross | $ 3,859,299 | $ 3,347,195 | |
| Total accumulated depreciation | (2,313,731) | (1,956,029) | |
| Property and equipment, net | 1,545,568 | 1,391,166 | $ 1,264,020 |
| Depreciation | 482,054 | 440,796 | $ 423,471 |
| Buildings and land | |||
| Property, Plant and Equipment [Line Items] | |||
| Property and equipment, gross | 61 | 56 | |
| Computers, related equipment and software | |||
| Property, Plant and Equipment [Line Items] | |||
| Property and equipment, gross | 1,978,380 | 1,723,623 | |
| Furniture and fixtures | |||
| Property, Plant and Equipment [Line Items] | |||
| Property and equipment, gross | 456,136 | 394,671 | |
| Leasehold improvements | |||
| Property, Plant and Equipment [Line Items] | |||
| Property and equipment, gross | $ 1,424,722 | $ 1,228,845 | |
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS - Goodwill Rollforward (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Goodwill [Line Items] | |||
| Goodwill, Acquired During Period | $ 1,338,469 | $ 924,742 | |
| Goodwill | 7,709,820 | 6,205,550 | $ 5,383,012 |
| Goodwill, Translation Adjustments | 165,801 | (102,204) | |
| Goodwill | 7,709,820 | 6,205,550 | 5,383,012 |
| Growth Markets [Member] | |||
| Goodwill [Line Items] | |||
| Goodwill, Acquired During Period | 289,598 | 92,925 | |
| Goodwill | 967,291 | 662,971 | 585,039 |
| Goodwill, Translation Adjustments | 14,722 | (14,993) | |
| Goodwill | 967,291 | 662,971 | 585,039 |
| Europe [Member] | |||
| Goodwill [Line Items] | |||
| Goodwill, Acquired During Period | 420,413 | 297,548 | |
| Goodwill | 2,138,088 | 1,569,223 | 1,357,688 |
| Goodwill, Translation Adjustments | 148,452 | (86,013) | |
| Goodwill | 2,138,088 | 1,569,223 | 1,357,688 |
| North America [Member] | |||
| Goodwill [Line Items] | |||
| Goodwill, Acquired During Period | 628,458 | 534,269 | |
| Goodwill | 4,604,441 | 3,973,356 | 3,440,285 |
| Goodwill, Translation Adjustments | 2,627 | (1,198) | |
| Goodwill | $ 4,604,441 | $ 3,973,356 | $ 3,440,285 |
GOODWILL AND INTANGIBLE ASSETS - Intangible Table by Major Class (Details) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| Finite-Lived Intangible Assets [Line Items] | ||
| Gross Carrying Amount | $ 1,682,068 | $ 1,339,802 |
| Accumulated Amortization | (652,850) | (499,023) |
| Net Carrying Amount | 1,029,218 | 840,779 |
| Customer-related | ||
| Finite-Lived Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 1,319,332 | 1,013,976 |
| Accumulated Amortization | (495,367) | (358,130) |
| Net Carrying Amount | 823,965 | 655,846 |
| Technology | ||
| Finite-Lived Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 150,765 | 119,686 |
| Accumulated Amortization | (55,543) | (45,851) |
| Net Carrying Amount | 95,222 | 73,835 |
| Patents | ||
| Finite-Lived Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 129,295 | 127,796 |
| Accumulated Amortization | (66,954) | (66,167) |
| Net Carrying Amount | 62,341 | 61,629 |
| Other | ||
| Finite-Lived Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 82,676 | 78,344 |
| Accumulated Amortization | (34,986) | (28,875) |
| Net Carrying Amount | $ 47,690 | $ 49,469 |
GOODWILL AND INTANGIBLE ASSETS - Amortization (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Goodwill and Intangible Assets Disclosure [Abstract] | |||
| Amortization of Intangible Assets | $ 239,664 | $ 177,150 | $ 170,187 |
| Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract] | |||
| Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 214,120 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Two | 172,641 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Three | 154,297 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Four | 127,673 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Five | 108,068 | ||
| Finite-Lived Intangible Assets, Amortization Expense, after Year Five | 252,419 | ||
| Net Carrying Amount | $ 1,029,218 | $ 840,779 | |
LEASES (Detail) $ in Millions |
Aug. 31, 2020
USD ($)
|
|---|---|
| Leases [Abstract] | |
| Operating Lease, Weighted Average Remaining Lease Term | 7 years 3 months 18 days |
| Operating Lease, Weighted Average Discount Rate, Percent | 4.20% |
| acn_LesseeOperatingLeaseLeaseNotyetCommencedAmount | $ 541 |
| Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract | 16 years |
Lease Cost (Detail) $ in Thousands |
12 Months Ended |
|---|---|
|
Aug. 31, 2020
USD ($)
| |
| Leases [Abstract] | |
| Operating Lease, Cost | $ 749,233 |
| Variable Lease, Cost | 181,612 |
| Sublease Income | (27,192) |
| Lease, Cost | $ 903,653 |
Supplemental information related to operating lease transactions (Detail) $ in Thousands |
12 Months Ended |
|---|---|
|
Aug. 31, 2020
USD ($)
| |
| Leases [Abstract] | |
| Operating Lease, Payments | $ 725,892 |
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $ 592,026 |
FINANCIAL INSTRUMENTS - Notional and Fair Values of All Derivative Instruments (Details) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| Assets | ||
| Fair value of derivative assets | $ 154,749 | $ 110,617 |
| Liabilities | ||
| Fair value of derivative liabilities | 39,018 | 59,791 |
| Total fair value | 115,731 | 50,826 |
| Derivative, Notional Amount | 9,600,691 | 8,709,917 |
| Cash Flow Hedging | Other current assets | ||
| Assets | ||
| Fair value of derivative assets | 75,871 | 53,033 |
| Cash Flow Hedging | Other non-current assets | ||
| Assets | ||
| Fair value of derivative assets | 50,914 | 49,525 |
| Cash Flow Hedging | Other non-current liabilities | ||
| Liabilities | ||
| Fair value of derivative liabilities | 13,576 | 8,770 |
| Cash Flow Hedging | Other Current Liabilities [Member] | ||
| Liabilities | ||
| Fair value of derivative liabilities | 13,614 | 18,826 |
| Other Derivatives | Other current assets | ||
| Assets | ||
| Fair value of derivative assets | 27,964 | 8,059 |
| Other Derivatives | Other Current Liabilities [Member] | ||
| Liabilities | ||
| Fair value of derivative liabilities | $ 11,828 | $ 32,195 |
FINANCIAL INSTRUMENTS - Additional Information (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Derivative [Line Items] | |||
| Fair value of derivative assets | $ 154,749 | $ 110,617 | |
| Fair value of derivative instruments with credit-risk-related contingent features in a liability position | 39,018 | ||
| Reclassification adjustments into Cost of services | 48,545 | 48,333 | $ 93,105 |
| (Loss) gain recognized in income on derivatives | (111,623) | (112,113) | $ 114,076 |
| Offsetting Derivative Asset and Liabilities [Abstract] | |||
| Net derivative assets | 129,520 | 88,811 | |
| Net derivative liabilities | 13,789 | 37,985 | |
| Total fair value | $ 115,731 | $ 50,826 | |
BORROWINGS AND INDEBTEDNESS - Borrowing Facilities including Letters of Credit (Details) - USD ($) $ in Thousands |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Facility Amount | $ 3,149,436 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowing Under Facilities | $ 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amounts of Borrowing Facilities and Borrowings Under Facilities, Table | As of August 31, 2020, we had the following borrowing facilities, including the issuance of letters of credit, to support general working capital purposes:
(1)On December 10, 2019, we replaced our $1,000,000 syndicated loan facility maturing on December 22, 2020 with a $1,000,000 syndicated loan facility maturing on December 10, 2024. This facility provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2020 and 2019, we had no borrowings under the facility. (2)On June 17, 2020, we entered into a $1,000,000 364-day syndicated loan facility, which matures on June 16, 2021. As of August 31, 2020 we had no borrowings under the facility. In the event of a loan drawn against this facility, the lenders have the option to require us to repay the loan by issuing public debt within 45 days of their request. (3)We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2020 and 2019, we had no borrowings under these facilities. (4)We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2020 and 2019, we had borrowings under these various facilities of $0 and $2,458, respectively.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Syndicated Loan Facility Due December 22, 2020 [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Facility Amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowing Under Facilities | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Separate, uncommitted, unsecured multicurrency revolving credit facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Facility Amount | [1] | 903,674 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowing Under Facilities | [1] | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Local guaranteed and non-guaranteed lines of credit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Facility Amount | [2] | 245,762 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowing Under Facilities | 0 | [2] | $ 2,458 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Syndicated Loan Facility Due June 16, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Facility Amount | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Syndicated Loan Facility Due December 10, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Facility Amount | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
BORROWINGS AND INDEBTEDNESS - Additional Information (Details) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| Debt Disclosure [Abstract] | ||
| Letters of credit outstanding under borrowing facilities | $ 487,795 | $ 390,295 |
| Total outstanding debt | $ 61,872 | $ 22,658 |
INCOME TAXES - Components of Income Tax Expense (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Current taxes | |||
| U.S. federal | $ 99,280 | $ 159,578 | $ 70,050 |
| U.S. state and local | 26,425 | 86,113 | 3,574 |
| Non-U.S. | 1,292,362 | 1,256,225 | 1,425,875 |
| Total current tax expense | 1,418,067 | 1,501,916 | 1,499,499 |
| Deferred taxes | |||
| U.S. federal | 21,532 | (143,217) | 219,034 |
| U.S. state and local | 8,525 | (39,588) | 57,044 |
| Non-U.S. | 140,894 | 86,445 | (182,078) |
| Total deferred tax (benefit) expense | 170,951 | (96,360) | 94,000 |
| Total | $ 1,589,018 | $ 1,405,556 | $ 1,593,499 |
INCOME TAXES - Components of Income before Income Taxes (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Income Tax Disclosure [Abstract] | |||
| U.S. sources | $ 1,352,968 | $ 853,173 | $ 645,943 |
| Non-U.S. sources | 5,421,363 | 5,398,624 | 5,162,150 |
| INCOME BEFORE INCOME TAXES | $ 6,774,331 | $ 6,251,797 | $ 5,808,093 |
INCOME TAXES - Reconciliation of U.S. Federal Statutory Income Tax Rate to Effective Income Tax Rate (Details) |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Income Tax Disclosure [Abstract] | |||
| U.S. federal statutory income tax rate | 21.00% | 21.00% | 25.70% |
| U.S. state and local taxes, net | 1.70% | 1.50% | 1.10% |
| Non-U.S. operations taxed at other rates | 0.70% | 1.10% | (6.10%) |
| Final determinations (1) | (1.90%) | (3.40%) | (1.90%) |
| Other net activity in unrecognized tax benefits | 2.40% | 3.20% | 5.80% |
| Excess tax benefits from share based payments | (1.90%) | (1.20%) | (2.30%) |
| Effective income tax rate reconciliation Changes in tax laws and tax rates | (0.20%) | 0.00% | 4.40% |
| Other, net | 1.70% | 0.30% | 0.70% |
| Effective income tax rate | 23.50% | 22.50% | 27.40% |
INCOME TAXES - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
|
| Income Tax Disclosure [Abstract] | ||
| Document Period End Date | Aug. 31, 2020 | |
| Deferred tax assets | ||
| Pensions | $ 443,231 | $ 446,920 |
| Revenue recognition | 115,287 | 115,529 |
| Compensation and benefits | 574,349 | 623,986 |
| Share-based compensation | 334,061 | 292,045 |
| Tax credit carryforwards | 659,835 | 527,748 |
| Net operating loss carryforwards | 159,506 | 175,196 |
| Deferred amortization deductions | 828,098 | 798,852 |
| Indirect effects of unrecognized tax benefits | 279,105 | 302,093 |
| Licenses and other intangibles | 1,752,612 | 1,958,738 |
| Leases | 729,787 | 27,857 |
| Other | 280,883 | 210,642 |
| Total Deferred Tax Assets | 6,156,754 | 5,479,606 |
| Valuation allowance | (757,799) | (606,765) |
| Deferred tax assets, net of valuation allowance | 5,398,955 | 4,872,841 |
| Deferred tax liabilities | ||
| Investments in subsidiaries | (169,752) | (182,186) |
| Intangibles | (298,181) | (234,098) |
| Leases | (669,005) | (17) |
| Other | (288,574) | (240,308) |
| Total deferred tax liabilities | (1,425,512) | (656,609) |
| Net deferred tax assets | $ 3,973,443 | $ 4,216,232 |
INCOME TAXES - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
|
| Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | ||
| Balance, beginning of year | $ 1,233,014 | $ 1,210,520 |
| Additions for tax positions related to the current year | 168,938 | 211,671 |
| Additions for tax positions related to prior years | 58,977 | 354,890 |
| Reductions for tax positions related to prior years | (177,812) | (262,055) |
| Statute of limitations expirations | (51,477) | (146,732) |
| Settlements with tax authorities | (11,602) | (103,384) |
| Foreign currency translation | (18,907) | (31,896) |
| Balance, end of year | $ 1,238,945 | $ 1,233,014 |
RETIREMENT AND PROFIT SHARING PLANS - Pre-Tax Accumulated Net Actuarial Loss and Prior Service Cost (credit) Recognized in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| U.S. and Non-U.S. Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Net loss | $ 160,067 | $ 121,798 |
| Prior service (credit) cost | 15,114 | 19,427 |
| Accumulated other comprehensive loss, pre-tax | 175,181 | 141,225 |
| UNITED STATES | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Net loss | 108,796 | 106,328 |
| Prior service (credit) cost | 0 | 0 |
| Accumulated other comprehensive loss, pre-tax | 108,796 | 106,328 |
| Non-U.S. Plans | Pension Plan [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Net loss | 605,635 | 633,619 |
| Prior service (credit) cost | 20,056 | 21,954 |
| Accumulated other comprehensive loss, pre-tax | $ 625,691 | $ 655,573 |
RETIREMENT AND PROFIT SHARING PLANS - Accumulated Benefit Obligation for Material Defined Benefit Pension Plans (Details) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| UNITED STATES | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Accumulated benefit obligation | $ 401,822 | $ 376,886 |
| Non-U.S. Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Accumulated benefit obligation | $ 2,135,566 | $ 1,964,148 |
RETIREMENT AND PROFIT SHARING PLANS - Information for Material Defined Benefit Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| UNITED STATES | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Accumulated benefit obligation | $ 130,309 | $ 132,984 |
| Fair value of plan assets | 0 | 0 |
| Non-U.S. Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Accumulated benefit obligation | 1,438,234 | 1,300,082 |
| Fair value of plan assets | $ 575,857 | $ 465,935 |
RETIREMENT AND PROFIT SHARING PLANS - Estimated Future Benefit Payments (Details) $ in Thousands |
Aug. 31, 2020
USD ($)
|
|---|---|
| U.S. and Non-U.S. Plans | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2017 | $ 12,335 |
| 2018 | 13,990 |
| 2019 | 15,737 |
| 2020 | 17,769 |
| 2021 | 19,826 |
| 2022-2026 | 134,072 |
| Non-U.S. Plans | Pension Plan [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2017 | 106,299 |
| 2018 | 103,597 |
| 2019 | 116,624 |
| 2020 | 115,224 |
| 2021 | 126,526 |
| 2022-2026 | 643,025 |
| UNITED STATES | Pension Plan [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2017 | 14,678 |
| 2018 | 15,416 |
| 2019 | 16,195 |
| 2020 | 16,959 |
| 2021 | 17,743 |
| 2022-2026 | $ 98,570 |
RETIREMENT AND PROFIT SHARING PLANS Level 3 Assets (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Level 3 Assets [Abstract] | |||
| Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, (Sales), Issuances, (Settlements) | $ 17,428 | ||
| Change in Fair Value of Level 3 Assets During the Period | $ 6,884 | 1,033 | |
| Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 140,305 | $ 133,421 | $ 114,960 |
SHARE-BASED COMPENSATION - Summary of Information with Respect to Share-Based Compensation (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||
|---|---|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|||
| Share-based Payment Arrangement [Abstract] | |||||
| Total share-based compensation expense included in Net income | $ 1,197,806 | $ 1,093,253 | $ 976,908 | ||
| Income tax benefit related to share-based compensation included in Net income | [1] | 430,290 | 356,062 | 404,124 | |
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||
| Income Tax Expense (Benefit) | $ 1,589,018 | $ 1,405,556 | $ 1,593,499 | ||
| |||||
SHARE-BASED COMPENSATION - Restricted Share Unit Activity (Details) - USD ($) $ / shares in Units, $ in Thousands |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
||||||
| Number of Restricted Share Units | ||||||||
| Nonvested balance as of August 31, 2016 (in shares) | 19,002,115 | |||||||
| Granted (in shares) (1) | [1] | 7,543,339 | ||||||
| Vested (in shares) (2) | [2] | (7,698,685) | ||||||
| Forfeited (in shares) | (1,106,838) | |||||||
| Nonvested balance as of August 31, 2017 (in shares) | 17,739,931 | 19,002,115 | ||||||
| Weighted Average Grant-Date Fair Value | ||||||||
| Nonvested balance as of August 31, 2016 (in dollars per share) | $ 136.66 | |||||||
| Granted (in dollars per share) (1) | 206.05 | [1] | $ 144.52 | $ 153.33 | ||||
| Vested (in dollars per share) (2) | [2] | 138.55 | ||||||
| Forfeited (in dollars per share) | 148.29 | |||||||
| Nonvested balance as of August 31, 2017 (in dollars per share) | $ 164.62 | $ 136.66 | ||||||
| Vested, grant-date fair value | $ 1,066,622 | $ 914,206 | $ 842,002 | |||||
| ||||||||
COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($) $ in Thousands |
Aug. 31, 2020 |
Aug. 31, 2019 |
|---|---|---|
| Loss Contingencies [Line Items] | ||
| Expressly limited performance guarantee | $ 832,000 | $ 794,000 |
| Portion of guarantee not recoverable | $ 87,000 | $ 128,000 |
SEGMENT REPORTING - Company's Reportable Operating Segments (Details) |
3 Months Ended | 12 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Aug. 31, 2020
USD ($)
|
May 31, 2020
USD ($)
|
Feb. 29, 2020
USD ($)
|
Nov. 30, 2019
USD ($)
|
Aug. 31, 2019
USD ($)
|
May 31, 2019
USD ($)
|
Feb. 28, 2019
USD ($)
|
Nov. 30, 2018
USD ($)
|
Aug. 31, 2020
USD ($)
|
Aug. 31, 2020
USD ($)
|
Aug. 31, 2020
USD ($)
reportableSegments
|
Aug. 31, 2019
USD ($)
|
Aug. 31, 2018
USD ($)
|
|
| Segment Reporting Information [Line Items] | |||||||||||||
| Revenues | $ 10,835,271,000 | $ 10,991,305,000 | $ 11,141,505,000 | $ 11,358,958,000 | $ 11,055,650,000 | $ 11,099,688,000 | $ 10,454,129,000 | $ 10,605,546,000 | $ 44,327,039,000 | $ 43,215,013,000 | $ 40,992,534,000 | ||
| Number of Reportable Segments | 5 | 3 | |||||||||||
| Depreciation and amortization | 1,022,399,000 | 892,760,000 | 926,776,000 | ||||||||||
| Operating income | 1,544,703,000 | $ 1,712,733,000 | $ 1,488,945,000 | $ 1,767,263,000 | 1,571,493,000 | $ 1,717,943,000 | $ 1,386,626,000 | $ 1,629,012,000 | 6,513,644,000 | 6,305,074,000 | 5,898,779,000 | ||
| Net Assets | 4,285,646,000 | 5,093,505,000 | $ 4,285,646,000 | 4,285,646,000 | $ 4,285,646,000 | 5,093,505,000 | 4,768,722,000 | ||||||
| Property and equipment, net | 1,545,568,000 | 1,391,166,000 | 1,545,568,000 | 1,545,568,000 | 1,545,568,000 | 1,391,166,000 | 1,264,020,000 | ||||||
| Growth Markets [Member] | |||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||
| Revenues | 8,942,644,000 | 8,533,128,000 | |||||||||||
| Depreciation and amortization | 332,393,000 | ||||||||||||
| Operating income | 1,544,565,000 | ||||||||||||
| Net Assets | 620,083,000 | 620,083,000 | 620,083,000 | 620,083,000 | |||||||||
| Property and equipment, net | 655,624,000 | 655,624,000 | 655,624,000 | 655,624,000 | |||||||||
| North America [Member] | |||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||
| Revenues | 20,982,253,000 | 18,460,395,000 | |||||||||||
| Depreciation and amortization | 348,761,000 | 303,762,000 | 318,538,000 | ||||||||||
| Operating income | 3,169,648,000 | 3,107,437,000 | 2,708,674,000 | ||||||||||
| Net Assets | 2,585,659,000 | 2,923,320,000 | 2,585,659,000 | 2,585,659,000 | 2,585,659,000 | 2,923,320,000 | 2,469,098,000 | ||||||
| Property and equipment, net | 499,976,000 | 395,782,000 | 499,976,000 | 499,976,000 | 499,976,000 | 395,782,000 | 375,237,000 | ||||||
| Europe [Member] | |||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||
| Revenues | 14,695,749,000 | 14,650,637,000 | |||||||||||
| Depreciation and amortization | 341,245,000 | 294,902,000 | 309,752,000 | ||||||||||
| Operating income | 1,799,431,000 | 2,013,245,000 | 2,167,463,000 | ||||||||||
| Net Assets | 1,079,904,000 | 1,355,827,000 | 1,079,904,000 | 1,079,904,000 | 1,079,904,000 | 1,355,827,000 | 1,402,971,000 | ||||||
| Property and equipment, net | $ 389,968,000 | 354,491,000 | $ 389,968,000 | $ 389,968,000 | $ 389,968,000 | 354,491,000 | 319,737,000 | ||||||
| Growth Markets [Member] | |||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||
| Revenues | 7,881,502,000 | ||||||||||||
| Depreciation and amortization | 294,096,000 | 298,486,000 | |||||||||||
| Operating income | 1,184,392,000 | 1,022,642,000 | |||||||||||
| Net Assets | 814,358,000 | 814,358,000 | 896,653,000 | ||||||||||
| Property and equipment, net | $ 640,893,000 | $ 640,893,000 | $ 569,046,000 | ||||||||||
SEGMENT REPORTING - Information Regarding Geography and Countries (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
May 31, 2020 |
Feb. 29, 2020 |
Nov. 30, 2019 |
Aug. 31, 2019 |
May 31, 2019 |
Feb. 28, 2019 |
Nov. 30, 2018 |
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | $ 10,835,271,000 | $ 10,991,305,000 | $ 11,141,505,000 | $ 11,358,958,000 | $ 11,055,650,000 | $ 11,099,688,000 | $ 10,454,129,000 | $ 10,605,546,000 | $ 44,327,039,000 | $ 43,215,013,000 | $ 40,992,534,000 |
| North America [Member] | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 19,986,136,000 | ||||||||||
| Europe [Member] | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 14,402,142,000 | ||||||||||
| Growth Markets [Member] | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | $ 8,942,644,000 | $ 8,533,128,000 | |||||||||
SEGMENT REPORTING - Revenues by Country (Details) |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| UNITED STATES | |||
| Segment Reporting Information [Line Items] | |||
| Revenues, percentage by country | 45.00% | 44.00% | 43.00% |
| IRELAND | |||
| Segment Reporting Information [Line Items] | |||
| Revenues, percentage by country | 1.00% | ||
SEGMENT REPORTING - Consolidated Property and Equipment, Net by Country (Details) |
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|---|---|---|---|
| INDIA | |||
| Segment Reporting Information [Line Items] | |||
| Property and Equipment, net, percentage by country | 27.00% | 26.00% | 27.00% |
| UNITED STATES | |||
| Segment Reporting Information [Line Items] | |||
| Property and Equipment, net, percentage by country | 18.00% | 18.00% | 19.00% |
| IRELAND | |||
| Segment Reporting Information [Line Items] | |||
| Property and Equipment, net, percentage by country | 7.00% | 7.00% | 7.00% |
SEGMENT REPORTING - Revenues by Industry Group and Type of Work (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
May 31, 2020 |
Feb. 29, 2020 |
Nov. 30, 2019 |
Aug. 31, 2019 |
May 31, 2019 |
Feb. 28, 2019 |
Nov. 30, 2018 |
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | $ 10,835,271,000 | $ 10,991,305,000 | $ 11,141,505,000 | $ 11,358,958,000 | $ 11,055,650,000 | $ 11,099,688,000 | $ 10,454,129,000 | $ 10,605,546,000 | $ 44,327,039,000 | $ 43,215,013,000 | $ 40,992,534,000 |
| North America | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 8,883,173,000 | 8,757,250,000 | 8,229,842,000 | ||||||||
| Europe | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 8,518,136,000 | 8,493,819,000 | 8,565,695,000 | ||||||||
| Health And Public Service Segment | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 8,022,704,000 | 7,160,787,000 | 6,877,779,000 | ||||||||
| Products Segment | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 12,272,036,000 | 12,004,934,000 | 11,337,863,000 | ||||||||
| Growth Markets | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 6,611,544,000 | 6,771,976,000 | 5,942,012,000 | ||||||||
| Other | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 19,446,000 | 26,247,000 | 39,343,000 | ||||||||
| Consulting | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | 24,227,024,000 | 24,177,428,000 | 22,978,798,000 | ||||||||
| Outsourcing | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues | $ 20,100,015,000 | $ 19,037,585,000 | $ 18,013,736,000 | ||||||||
QUARTERLY DATA (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2020 |
May 31, 2020 |
Feb. 29, 2020 |
Nov. 30, 2019 |
Aug. 31, 2019 |
May 31, 2019 |
Feb. 28, 2019 |
Nov. 30, 2018 |
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
|
| Quarterly Financial Information Disclosure [Abstract] | |||||||||||
| Revenues | $ 10,835,271,000 | $ 10,991,305,000 | $ 11,141,505,000 | $ 11,358,958,000 | $ 11,055,650,000 | $ 11,099,688,000 | $ 10,454,129,000 | $ 10,605,546,000 | $ 44,327,039,000 | $ 43,215,013,000 | $ 40,992,534,000 |
| Cost of services | 7,394,731,000 | 7,462,617,000 | 7,782,334,000 | 7,711,199,000 | 7,621,034,000 | 7,571,390,000 | 7,399,780,000 | 7,308,121,000 | 30,350,881,000 | 29,900,325,000 | 28,499,170,000 |
| OPERATING INCOME | 1,544,703,000 | 1,712,733,000 | 1,488,945,000 | 1,767,263,000 | 1,571,493,000 | 1,717,943,000 | 1,386,626,000 | 1,629,012,000 | 6,513,644,000 | 6,305,074,000 | 5,898,779,000 |
| Net Income | 1,305,424,000 | 1,252,639,000 | 1,252,082,000 | 1,375,168,000 | 1,145,548,000 | 1,268,649,000 | 1,140,720,000 | 1,291,324,000 | 5,185,313,000 | 4,846,241,000 | 4,214,594,000 |
| NET INCOME ATTRIBUTABLE TO ACCENTURE PLC | $ 1,287,929,000 | $ 1,228,202,000 | $ 1,234,740,000 | $ 1,356,968,000 | $ 1,130,427,000 | $ 1,249,516,000 | $ 1,124,449,000 | $ 1,274,720,000 | $ 5,107,839,000 | $ 4,779,112,000 | $ 4,059,907,000 |
| Weighted average Class A ordinary shares: | |||||||||||
| -Basic (in shares) | 635,887,742 | 636,146,240 | 637,485,626 | 635,722,309 | 637,049,388 | 637,831,341 | 638,639,729 | 638,877,445 | 636,299,913 | 638,098,125 | 628,451,742 |
| -Diluted (in shares) | 647,867,307 | 645,607,914 | 648,833,880 | 649,389,444 | 650,523,417 | 649,297,717 | 649,170,699 | 652,151,450 | 647,797,003 | 650,204,873 | 655,296,150 |
| Earnings per Class A ordinary share: | |||||||||||
| Basic earnings per share (in dollars per share) | $ 2.03 | $ 1.93 | $ 1.94 | $ 2.13 | $ 1.77 | $ 1.96 | $ 1.76 | $ 2.00 | $ 8.03 | $ 7.49 | $ 6.46 |
| Diluted earnings per share (in dollars per share) | $ 1.99 | $ 1.90 | $ 1.91 | $ 2.09 | $ 1.74 | $ 1.93 | $ 1.73 | $ 1.96 | $ 7.89 | $ 7.36 | $ 6.34 |
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