What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to formally announce and provide investors with Accenture's financial results for its fourth quarter and full fiscal year ended August 31, 2021, through an attached press release.

What are the key non-GAAP financial measures reported by Accenture?

Accenture reported non-GAAP measures including free cash flow, revenue and bookings growth in local currency (excluding currency fluctuations), and diluted earnings per share excluding gains from an investment. These are presented alongside their GAAP equivalents.

Why does Accenture provide non-GAAP financial information?

Accenture's management believes that these non-GAAP financial measures provide additional, meaningful information about the company's liquidity, operational performance, and financial health by excluding factors such as foreign currency exchange rate fluctuations and specific investment gains, allowing for better year-over-year comparisons.

Where can I find the detailed financial results?

The detailed financial results, including the reconciliations of non-GAAP measures to GAAP, are located in the press release attached as Exhibit 99 to this 8-K filing.

ACN 8-K: Earnings & Results

Summary

Accenture plc (ACN) filed an 8-K on September 23, 2021, primarily to furnish its fourth quarter and full fiscal year 2021 financial results, as announced in a press release dated the same day. The release details both GAAP and non-GAAP financial measures, with a focus on key performance indicators that management believes provide meaningful insights into the company's operational and financial health. Investors should note that the non-GAAP measures, including free cash flow, local currency revenue and booking changes, and adjusted earnings per share excluding investment gains, are presented as supplemental information and are reconciled to their GAAP equivalents within the press release. While the 8-K itself is brief, the accompanying press release (Exhibit 99) contains the substantive financial data. Investors are encouraged to review this press release for specific figures related to revenue growth, profitability, bookings, and cash flow for the reported periods. The disclosure of these non-GAAP metrics highlights Accenture's emphasis on providing a clearer view of its underlying business performance, stripped of currency fluctuations and specific one-time events like investment gains, which aids in comparative analysis year-over-year and against peers.

Key Highlights

1Accenture filed an 8-K on September 23, 2021, to announce its Q4 and full fiscal year 2021 financial results.
2The filing primarily includes a press release (Exhibit 99) containing the detailed financial results.
3Accenture presented several non-GAAP financial measures to supplement its GAAP results.
4Key non-GAAP metrics disclosed include free cash flow, percentage changes in revenue and bookings on a local currency basis, and adjusted diluted earnings per share.
5Management believes these non-GAAP measures offer enhanced insights into the company's liquidity and operational performance.
6Reconciliations of non-GAAP measures to their most directly comparable GAAP measures are provided within the press release.
7The filing is furnished and not officially filed with the SEC, meaning the information is provided for informational purposes.

Accenture plc 8-K Report, Financial Results (Sep 23, 2021)

Summary

Key Highlights

Frequently Asked Questions