8-KEarnings & ResultsExhibits & Filings

Accenture plc 8-K Report, Financial Results (Sep 22, 2022)

Filed September 22, 2022For Securities:ACN

Summary

Accenture plc (ACN) filed an 8-K on September 21, 2022, to announce its financial results for the fourth quarter and full fiscal year ended August 31, 2022. The report primarily serves to attach the press release detailing these results, which are crucial for investors to understand the company's recent performance and outlook. The filing emphasizes the use of non-GAAP financial measures, including free cash flow, revenue and bookings changes in local currency, and adjusted earnings per share (excluding investment gains). Accenture's management believes these metrics offer a more meaningful view of operational performance and liquidity by removing the impact of foreign currency fluctuations and specific investment gains. Investors should refer to the attached press release for detailed reconciliations of these non-GAAP measures to their GAAP equivalents.

Key Highlights

  • 1Accenture announced its Q4 and full fiscal year 2022 financial results via a press release filed with the 8-K.
  • 2The company provided its fourth quarter and full fiscal year earnings, revenue, and bookings data.
  • 3The filing highlights the use of non-GAAP financial measures, including free cash flow, for enhanced operational and liquidity insights.
  • 4Accenture also presented revenue and bookings changes on a local currency basis, excluding foreign exchange rate impacts.
  • 5Diluted earnings per share, tax rate, and net income were presented both on a GAAP basis and excluding specific investment gains to show underlying business performance.
  • 6Investors are directed to the attached press release (Exhibit 99) for detailed financial results and reconciliations of non-GAAP to GAAP measures.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and provide access to Accenture's financial results for its fourth quarter and full fiscal year ended August 31, 2022, through an attached press release (Exhibit 99).

Accenture emphasizes free cash flow, percentage changes in revenues and bookings on a local currency basis (to exclude foreign exchange impacts), and adjusted diluted earnings per share, income tax rate, and net income excluding gains on an investment.

Accenture's management believes that these non-GAAP measures provide meaningful additional information regarding the company's liquidity and financial performance, facilitating a clearer understanding of operational trends by excluding the effects of foreign currency fluctuations and specific investment gains.

All detailed financial results, including the reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures, are available in the press release attached as Exhibit 99 to this 8-K filing.