8-KEarnings & ResultsExhibits & Filings

Accenture plc 8-K Report, Financial Results (Sep 30, 2010)

Filed September 30, 2010For Securities:ACN

Summary

Accenture plc (ACN) filed an 8-K on September 30, 2010, to report its fourth quarter and full fiscal year financial results for the period ending August 31, 2010. The filing primarily references a press release containing these results, which is attached as an exhibit. Investors should note that Accenture utilized and disclosed several non-GAAP financial measures in its reporting, including free cash flow, net revenue changes on a local currency basis (excluding reimbursements), and adjusted earnings per share, operating income, and operating margin, which excluded a restructuring charge from the prior fiscal year. While these non-GAAP measures are presented to provide additional insights into operational performance and liquidity, the company emphasizes that they are supplemental and should not replace GAAP-based financial information. The filing does not contain specific numerical results within the 8-K itself but directs investors to the accompanying press release for detailed financial figures and reconciliations to GAAP.

Key Highlights

  • 1Accenture announced its financial results for Q4 and the full fiscal year 2010 via a press release filed on September 30, 2010.
  • 2The 8-K filing serves as notification of the earnings release and includes the press release as Exhibit 99.1.
  • 3The company disclosed several non-GAAP financial measures, including free cash flow.
  • 4Net revenue changes were reported on a local currency basis, excluding the impact of foreign currency exchange rate fluctuations.
  • 5Accenture provided adjusted earnings per share, operating income, and operating margin, excluding a specific restructuring charge from fiscal year 2009.
  • 6Management believes these non-GAAP metrics offer meaningful supplemental information for evaluating company performance and liquidity.
  • 7Investors are advised that non-GAAP information is supplemental and should be considered alongside GAAP-compliant financial data.

Frequently Asked Questions

This 8-K filing primarily serves to announce Accenture's financial results for its fourth quarter and full fiscal year ended August 31, 2010. The specific numerical results are detailed in the press release attached as Exhibit 99.1, which is referenced in the filing.

Accenture disclosed free cash flow, percentage changes in net revenues on a local currency basis (excluding reimbursements), and earnings per share, operating income, and operating margin that excluded the impact of a restructuring charge from the prior fiscal year. These are provided as supplemental measures to GAAP.

Accenture's management believes that these non-GAAP measures provide meaningful additional insights into the company's liquidity and operational performance, allowing for a better understanding of results by excluding the effects of foreign currency fluctuations and specific prior-year charges.

The detailed financial results, including reconciliations of the non-GAAP measures to the most directly comparable GAAP measures, are located in the press release dated September 30, 2010, which is filed as Exhibit 99.1 to this 8-K report.