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{{short description|Irish-American professional services company}} | |||
{{Use mdy dates|date=March 2012}} | |||
{{Use dmy dates|date=June 2019}} | |||
{{Infobox company | |||
{{Infobox company | |||
| name = Accenture plc | |||
| |
| name = Accenture plc | ||
| logo = Accenture.svg | |||
| type = ] | |||
| logo_caption = <small>Primary logo used since 2020</small> | |||
| traded_as = {{NYSE|ACN}} | |||
| image = Grand Canal Square - panoramio.jpg | |||
| foundation = 1989 | |||
| image_size = 250px | |||
| location = ], ] | |||
| image_caption = Headquarters at 1 ], ] | |||
| area_served = Worldwide | |||
| type = ] | |||
| predecessor = ] (1989-2001) | |||
| traded_as = {{ubl|{{NYSE|ACN}} (])|] component|] component|] component}} | |||
| key_people = ]<br>(Chairman & CEO) | |||
| ISIN = {{ISIN|sl=n|pl=y|IE00B4BNMY34}} | |||
| industry = ], ] | |||
| industry = {{Unbulleted list|]|]}} | |||
| services = IT, ] and ] services | |||
| founded = {{start date and age|df=yes|1989}} | |||
| revenue = {{profit}} US$ 30.39 billion (2013)<ref name="FY">{{cite news |title=Accenture Financial Statements |url=http://www.google.com/finance?q=NYSE%3AACN&fstype=ii&ei=HpVWU9jiG4mtkAWwnwE | publisher= Google |accessdate=5 February 2014}}</ref> | |||
| founder = | |||
| operating_income = {{profit}} US$ 4.33 billion (2013)<ref name="FY" /> | |||
| former_name = Andersen Consulting | |||
| net_income = {{profit}} US$ 3.28 billion (2013)<ref name="FY" /> | |||
| hq_location_city = ] | |||
| assets = {{profit}} US$ 16.86 billion (2013)<ref name="FY" /> | |||
| hq_location_country = ] | |||
| equity = {{profit}} US$ 4.96 billion (2013)<ref name="FY" /> | |||
| area_served = Worldwide | |||
| num_employees = 280,000 (2014)<ref name="FY" /> | |||
| key_people = ] <small>(] and ])</small> | |||
| homepage = {{URL|http://www.accenture.com/}} | |||
| subsid = {{unbulleted list|]|]|]}} | |||
| predecessor = ] | |||
| products = | |||
| services = | |||
| revenue = {{increase}} {{US$|64.90 billion}} (2024)<ref name=ar>{{cite web|url=https://newsroom.accenture.com/content/4q-full-fy24-earnings/accenture-reports-fourth-quarter-and-full-year-fiscal-2024-results.pdf|title=Annual Results 2024|publisher=Accenture|access-date=23 September 2024}}</ref> | |||
| revenue_year = | |||
| operating_income = {{increase}} {{US$|9.60 billion}} (2024)<ref name=ar/> | |||
| operating_income_year = | |||
| net_income = {{increase}} {{US$|7.42 billion}} (2024)<ref name=ar/> | |||
| net_income_year = | |||
| assets = {{increase}} {{US$|55.93 billion}} (2024)<ref name=ar/> | |||
| assets_year = | |||
| equity = {{increase}} {{US$|29.17 billion}} (2024)<ref name=ar/> | |||
| equity_year = | |||
| num_employees = 774,000 (2024)<ref name=ar/> | |||
| num_locations = 52 countries<ref>{{cite web |url=https://newsroom.accenture.com/fact-sheet |title=Accenture Fact Sheet FY24 |date=2024 |publisher=Accenture |access-date=14 October 2024}}</ref> | |||
| website = {{URL|https://www.accenture.com}} | |||
}} | }} | ||
'''Accenture plc''' is a global multinational professional services company originating in the United States and headquartered in ], Ireland, that specializes in ] (IT) services and ]. A ] company, it reported revenues of $64.9 billion in 2024.<ref name="Q4">{{cite news |title=Accenture Annual Report for Fiscal Year 2023 |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1467373/000146737323000324/acn-20230831.htm |publisher=US Securities and Exchange Commission |date=12 October 2023 |access-date= 13 October 2023}}</ref> | |||
'''Accenture plc''' is a ] ], ], and ] company. Its incorporated headquarters are in ], ]. It is the world's largest ] as measured by revenues<ref>{{cite web|url=http://biz.yahoo.com/ic/43/43516.html |title= Accenture plc Company Profile - Yahoo Finance |accessdate=March 13, 2014}}</ref> and is a ] company.<ref>{{cite news|url= | |||
http://money.cnn.com/magazines/fortune/global500/2011/snapshots/11019.html |title=Fortune Global 500 – The World's Biggest Companies - Accenture Profile 2011 |publisher=CNN |accessdate=24 March 2014}}</ref> As of 2013, the company reported net revenues of $28.6 billion<ref name=healthgov /> with approximately 280,000 employees, serving clients in more than 200 cities in 56 countries.<ref name="FY">{{cite web|url=http://www.google.com/finance?q=NYSE:ACN&fstype=ii|title=Accenture Annual Report|publisher=Google |accessdate=September 2013}}</ref> Accenture has more employees in India than any other country; in the US, it has about 40,000 employees and 35,000 located in the Philippines.<ref>{{cite web|author=Mini Joseph Tejaswi, TNN Jul 18, 2012, 10.17AM IST |url=http://articles.timesofindia.indiatimes.com/2012-07-18/job-trends/32730373_1_accenture-india-core-biometric-identification-system-avinash-vashistha |title=Accenture in India |publisher=Articles.timesofindia.indiatimes.com |date=2012-07-18 |accessdate=2013-08-10}}</ref> Accenture's current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.<ref name=AccentureIncorporationHistory>{{cite web|title=Accenture: The Growth of a Global Leader|url=http://www.accenture.com/us-en/company/overview/history/Pages/growth-global-leader.aspx|accessdate=February 1, 2012}}</ref> Since September 1, 2009 the company has been incorporated in Ireland.<ref>{{cite web|url=http://www.linkedin.com/companies/accenture |title=Accenture – Company Profile – on Linkedin |accessdate=December 28, 2010}}</ref> | |||
Accenture was chosen to replace ] as the lead contractor for ] in January 2014.<ref name=healthgov>{{cite web|title=Accenture chosen as lead contractor of Obamacare website|url=http://finance.yahoo.com/news/accenture-chosen-lead-contractor-obamacare-website-government-220550193--sector.html|publisher=Yahoo!|accessdate=28 February 2014}}</ref> | |||
Accenture common equity is listed on the ], under the symbol ACN, and was added to the ] on July 5, 2011. | |||
== History == | == History == | ||
=== Formation and early years |
=== Formation and early years === | ||
Accenture began as the business and technology consulting division of accounting firm ]. |
Accenture began as the business and technology consulting division of accounting firm ] in the early 1950s.<ref name=WBBM11>{{cite news |title=Accenture To Add 500 Jobs in Chicago |url=http://chicago.cbslocal.com/2011/10/11/accenture-to-add-500-jobs-in-chicago/ |newspaper=] |date=11 October 2011 |access-date=10 December 2015}}</ref> The division conducted a feasibility study for ] to install a computer at ] in ], which led to GE's installation of a ] computer and printer, believed to be the first commercial use of a computer in the United States.<ref name=Betts01>{{cite news |title=GE's Appliance Park Still an IT Innovator |last1=Betts |first1=Mitch |url=http://www.computerworld.com/article/2590401/computer-hardware/ge-s-appliance-park-still-an-it-innovator.html |magazine=] |date=29 January 2001 |access-date=10 December 2015}}</ref><ref name=Betts90>{{cite news |title=The Univac I: First in the field |last1=Betts |first1=Mitch |url=https://books.google.com/books?id=s7vRlroiLwsC&q=the+univac+I%3A+first+in+the+field&pg=PT26 |magazine=] |date=2 July 1990 |access-date=10 December 2015}}</ref> | ||
=== |
=== Split from Arthur Andersen === | ||
In 1989, Arthur Andersen and Andersen Consulting became separate units of Andersen Worldwide Société Coopérative (AWSC). Throughout the 1990s, tensions grew between the two units. Andersen Consulting was paying Arthur Andersen up to 15% of its profits each year (a provision of the 1989 split was that the more profitable unit – whether AA or AC, pay the other the 15 percent), while at the same time Arthur Andersen was competing with Andersen Consulting through its own newly established business consulting service line called Arthur Andersen Business Consulting. This dispute came to a head in 1998, when Andersen Consulting put the 15% transfer payment for that year and future years into escrow and issued a claim for breach of contract against AWSC and Arthur Andersen. In 2000, as a result of arbitration, Andersen Consulting broke all contractual ties with AWSC and Arthur Andersen. As part of the arbitration settlement, Andersen Consulting paid $1.2 billion to Arthur Andersen and changed its name to Accenture.<ref>{{cite news |last=Martin |first=Mitchell |date=8 August 2000 |title=Arbitrator's Ruling Goes Against Accounting Arm : Consultants Win Battle Of Andersen |url=https://www.nytimes.com/2000/08/08/business/worldbusiness/08iht-consult.2.t.html |newspaper=] |location=] |access-date=1 March 2014}}</ref> | |||
In 1989, ] and Andersen Consulting became separate units of ] (AWSC). Arthur Andersen increased its use of accounting services as a springboard to sign up clients for Andersen Consulting's more lucrative business. | |||
On 1 January 2001, Andersen Consulting adopted the name, "Accenture". The word "Accenture" was derived from "Accent on the future". The name "Accenture" was submitted by Kim Petersen, a Danish employee from the company's ] office. Petersen hoped that the name would not be offensive in any country in which Accenture operates, because the word itself was meaningless.<ref name=":0">{{Cite book |last1=Kotler |first1=Philip |url=https://books.google.com/books?id=bcmo-WZtOvQC |title=B2B Brand Management |last2=Pfoertsch |first2=Waldemar |date=2006-09-22 |publisher=Springer Science & Business Media |isbn=978-3-540-44729-0 |pages=291–292 |language=en}}</ref> | |||
Throughout the 1990s, there was increasing tension between Andersen Consulting and ]. Andersen Consulting was upset that it was paying Arthur Andersen up to 15% of its profits each year (a condition of the 1989 split was that the more profitable unit – whether AA or AC – paid the other this sum), while at the same time Arthur Andersen was competing with Andersen Consulting through its own newly established business consulting service line called Arthur Andersen Business Consulting (AABC). This dispute came to a head in 1998 when Andersen Consulting claimed breach of contract against AWSC and Arthur Andersen. Andersen Consulting put the 15% transfer payment for that year and future years into ] and issued a claim for breach of contract. In August 2000, as a result of the conclusion of arbitration with the ], Andersen Consulting broke all contractual ties with AWSC and Arthur Andersen. As part of the arbitration settlement, Andersen Consulting paid the sum held in escrow (then $1.2 billion) to Arthur Andersen, and was required to change its name, resulting in the entity being renamed Accenture.<ref>{{cite news |last=Martin |first=Mitchell |date=August 8, 2000 |title=Arbitrator's Ruling Goes Against Accounting Arm : Consultants Win Battle Of Andersen |url=http://www.nytimes.com/2000/08/08/business/worldbusiness/08iht-consult.2.t.html |newspaper=] |location=] |publisher=] |accessdate=March 1, 2014}}</ref> | |||
=== Incorporation and public listing === | |||
Accounts vary on why the split occurred. Executives on both sides of the split cite greed and arrogance on the part of the other, and executives on the Andersen Consulting side maintained breach of contract when Arthur Andersen created AABC, because AABC competed directly with Andersen Consulting in the marketplace. Many of the AABC firms were bought out by other consulting companies in 2002, including ] and KPMG Consulting, which later changed its name to ]. | |||
Accenture was incorporated in Bermuda in 2001. On 19 July 2001, Accenture's ] (IPO) was priced at $14.50 per share, and the shares began trading on the ].<ref>{{cite news |title=Accenture IPO gains in first trades |url=https://money.cnn.com/2001/07/19/deals/accenture/index.htm |publisher=] |date=19 July 2001 |access-date=4 December 2015}}</ref> Because of the split from Andersen, Accenture avoided prosecution on June 16, 2002, when the ] prosecuted Arthur Andersen for ] and ].<ref>{{Cite book |last=Salinger |first=Lawrence M. |url=https://books.google.com/books?id=0f7yTNb_V3QC&dq=%22Andersen+Consulting%22+%22Accenture%22+%22Enron%22&pg=PA57 |title=Encyclopedia of White-Collar & Corporate Crime |date=2005 |publisher=SAGE |isbn=978-0-7619-3004-4 |page=57 |language=en}}</ref> | |||
=== Reincorporation in Ireland === | |||
Andersen Consulting's change of name was fortunate, as it avoided damage to its reputation later, when ] as a result of its role in the ]. | |||
On 26 May 2009, Accenture announced that its board of directors unanimously approved changing the company's place of incorporation from ] to ].<ref>{{cite web |url=http://newsroom.accenture.com/article_display.cfm?article_id=4830 |title=Accenture Newsroom: Accenture Announces Proposed Change of Incorporation to Ireland |publisher=newsroom.accenture.com |date=26 May 2009 |access-date=6 August 2010}}</ref> | |||
== Services and operations == | |||
Accenture's business is organized into five segments:<ref>{{Cite web |title=About Our Company {{!}} Accenture |url=https://www.accenture.com/us-en/about/company-index |access-date=2024-12-06 |website=www.accenture.com |language=en-US}}</ref> | |||
On January 1, 2001 Andersen Consulting adopted its current name, "Accenture". The word "Accenture" is supposedly derived from "Accent on the future". The name "Accenture" was submitted by Kim Petersen, a Danish employee from the company's Oslo, Norway office, as a result of an internal competition. Accenture felt that the name should represent its will to be a global consulting leader and high performer, and also intended that the name should not be offensive in any country in which Accenture operates.<ref>; InformationWeek</ref> | |||
# Strategy and Consulting | |||
=== Initial public offering === | |||
# Technology | |||
] (]) building for its initial public offering on July 19, 2001.]] | |||
# Operations | |||
On July 19, 2001, Accenture offered initial public offering (]) at the price of $14.50 per share in ] (]); ] and ] served as its lead underwriters. Accenture stock closed the day at $15.17, with the day's high at $15.25. On the first day of the IPO, Accenture raised nearly $1.7 billion.<ref>; CNN Money</ref> | |||
# Accenture Song (formerly Interactive)<ref name="Song">{{cite web |url=https://newsroom.accenture.com/news/2022/accenture-announces-accenture-interactives-evolution |title=Accenture Announces Accenture Song |publisher=Accenture |access-date=16 August 2024}}</ref> | |||
# Industry X | |||
The company provides services to clients in various industries, including communications, media and technology, financial services, health and public service, consumer products, and resources.<ref name="FactSheet20">{{cite web |url=https://newsroom.accenture.com/fact-sheet/ |title=Fact sheet |publisher=Accenture |access-date=24 February 2020}}</ref> | |||
=== Bermuda headquarters === | |||
In October 2002, the Congressional ] (GAO) identified Accenture as one of four publicly traded federal contractors that were incorporated in a ] country.<ref>; United States General Accounting Office; October 1, 2002</ref> The other three, unlike Accenture, were incorporated in the United States before they re-incorporated in a tax haven country, thereby lowering their U.S. taxes. Critics, most notably former ] journalist ],<ref>{{cite news|last=Dobbs|first=Lou|title=Exporting America|url=http://money.cnn.com/2004/03/09/commentary/dobbs/dobbs/index.htm|accessdate=May 3, 2011|publisher=CNN|date=March 9, 2004}}</ref> have reported Accenture's decision to incorporate in Bermuda as a U.S. tax avoidance ploy, because they viewed Accenture as having been a U.S.-based company.<ref>{{Dead link|date=October 2009}}</ref> The GAO itself did not characterize Accenture as having been a U.S.-based company; it stated that "prior to incorporating in Bermuda, Accenture was operating as a series of related partnerships and corporations under the control of its partners through the mechanism of contracts with a Swiss coordinating entity." | |||
== Corporate affairs == | |||
===Ireland headquarters === | |||
Accenture announced on May 26, 2009 that its Board of Directors unanimously approved changing the company’s place of incorporation to Ireland from Bermuda and would become '''Accenture plc'''.<ref>{{cite web|url=http://newsroom.accenture.com/article_display.cfm?article_id=4830 |title=Accenture Newsroom: Accenture Announces Proposed Change of Incorporation to Ireland |publisher=newsroom.accenture.com |date=May 26, 2009 |accessdate=August 6, 2010}}</ref> | |||
=== Leadership === | |||
The company cited several reasons for the change: | |||
] became the CEO in September 2004.<ref>{{cite web|url=https://people.forbes.com/profile/william-d-green/713 |archive-url=https://web.archive.org/web/20090403033414/http://people.forbes.com/profile/william-d-green/713 |url-status=dead |archive-date=April 3, 2009 |title=William D. Green Profile |work= Forbes |date= |accessdate=May 26, 2012}}</ref> Green was replaced by ] in January 2011.<ref name=Chausson>{{cite news |title=Pierre Nanterme prendra les rênes d'Accenture en 2011 |author=Cyrille Chausson |url=http://www.lemagit.fr/economie/carriere/2010/10/21/pierre-nanterme-prendra-les-ecirc-nes-rsquo-accenture-2011/ |work=LeMagIT |date=21 October 2010 |access-date=30 June 2013}}</ref><ref name=Monks>{{cite news |title=New Financial Group Chief at Accenture |author=Matthew Monks |url=http://www.americanbanker.com/issues/175_226/new-fin-group-chief-at-accenture-1029053-1.html |work=] |date=24 November 2010 |access-date=30 June 2013}}</ref> In January 2019, Nanterme stepped down from his position, citing health reasons. Chief Financial Officer David Rowland was named as the interim CEO.<ref name=death>{{cite news |url=https://www.reuters.com/article/us-accenture-ceo-death/accentures-former-ceo-nanterme-dies-idUSKCN1PP1QB?il=0 |title=Accenture's former CEO Nanterme dies |work=Reuters |date=31 January 2019 |access-date=31 January 2019}}</ref> ] was appointed CEO in September 2019.<ref>{{cite web |date=July 11, 2019 |title=Accenture Appoints Julie Sweet Chief Executive Officer and Names David Rowland Executive Chairman, Effective Sept. 1, 2019 |url=https://accntu.re/2JtKwSN |url-status=live |archive-url=https://web.archive.org/web/20190713152447/https://newsroom.accenture.com/news/accenture-appoints-julie-sweet-chief-executive-officer-and-names-david-rowland-executive-chairman-effective-sept-1-2019.htm |archive-date=Jul 13, 2019 |access-date=2019-07-17 |website=accntu.re |language=en}}</ref> | |||
* Ireland's sophisticated, well-developed corporate, legal and regulatory environment | |||
* Ireland's long history of international investment and long-established commercial relationships, trade agreements and tax treaties with European Union member states, the United States and other countries where Accenture does business | |||
* Ireland's stable political and economic environment with the financial and legal infrastructure to meet Accenture's needs | |||
=== Employees === | |||
The change became effective on September 1, 2009, the beginning of the company's 2010 fiscal year. | |||
As of 2024, Accenture reported having approximately 774,000 employees.<ref name=ar/> | |||
=== Finances === | |||
While Ireland is the company's headquarters for tax and legal purposes, much of the operational administration occurs in the United States, mainly New York City and Chicago. | |||
The financial results were as follows: | |||
{| class="wikitable float-left plainrowheaders" style="text-align: right;" | |||
== Operations == | |||
|- | |||
] Accenture organizes its services and people in these three primary cross-functional groupings. Accenture client engagement teams typically consist of a combination of industry experts, capability specialists and professionals with local market knowledge. | |||
! scope="col" | Year | |||
! scope="col" | Revenue<br />in billion US$ | |||
! scope="col" | Net income<br />in billion US$ | |||
! scope="col" | Total Assets<br />in billion US$ | |||
! scope="col" | Employees | |||
! scope="col" | Reference | |||
|- | |||
! scope="row" |2013 | |||
|30.394 | |||
|3.282 | |||
|16.867 | |||
|275,000 | |||
|<ref>{{cite web|url=https://www.annualreports.com/HostedData/AnnualReportArchive/a/NYSE_ACN_2013.pdf|title=Annual Report 2013|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2014 | |||
|31.875 | |||
|2.941 | |||
|17.930 | |||
|305,000 | |||
|<ref>{{cite web|url=https://www.annualreports.com/HostedData/AnnualReportArchive/a/NYSE_ACN_2014.pdf|title=Annual Report 2014|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2015 | |||
|32.914 | |||
| 3.054 | |||
|18.203 | |||
|358,000 | |||
|<ref>{{cite web|url=https://www.annualreports.com/HostedData/AnnualReportArchive/a/NYSE_ACN_2015.pdf|title=Annual Report 2015|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2016 | |||
|34.798 | |||
|4.112 | |||
|20.609 | |||
|384,000 | |||
|<ref>{{cite web|url=https://www.annualreports.com/HostedData/AnnualReportArchive/a/NYSE_ACN_2016.pdf|title=Annual Report 2016|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2017 | |||
|36.765 | |||
|3.445 | |||
|22.690 | |||
|425,000 | |||
|<ref>{{cite web|url=https://investor.accenture.com/~/media/Files/A/Accenture-IR-V3/home/accenture-annual-report-2017.pdf|title=Annual Report 2017|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2018 | |||
|41.603 | |||
|4.060 | |||
|24.449 | |||
|459,000 | |||
|<ref>{{cite web|url=https://www.accenture.com/content/dam/accenture/final/a-com-migration/pdf/pdf-89/accenture-fiscal-2018-annual-report.pdf#zoom=50|title=Annual Report 2018|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2019 | |||
|43.215 | |||
|4.779 | |||
|29.789 | |||
|505,000 | |||
|<ref>{{cite web|url=https://www.accenture.com/content/dam/accenture/final/a-com-migration/pdf/accenture-fiscal-2019-annual-report.pdf#zoom=50|title=Annual Report 2019|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2020 | |||
|44.327 | |||
|5.107 | |||
|37.078 | |||
|506,000 | |||
|<ref>{{cite web|url=https://www.accenture.com/content/dam/accenture/final/a-com-migration/pdf/pdf-138/accenture-fiscal-2020-annual-report.pdf#zoom=50|title=Annual Report 2020|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2021 | |||
|50.533 | |||
|5.906 | |||
|43.175 | |||
|624,000 | |||
|<ref>{{cite web|url=https://www.accenture.com/content/dam/accenture/final/a-com-migration/pdf/pdf-165/accenture-fiscal-2021-annual-report.pdf#zoom=50|title=Annual Report 2021|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2022 | |||
|61.594 | |||
|6.989 | |||
|47.263 | |||
|721,000 | |||
|<ref>{{cite web|url=https://www.accenture.com/content/dam/accenture/final/capabilities/corporate-functions/growth-and-strategy/document/Accenture-Fiscal-2022-Annual-Report.pdf#zoom=50|title=Annual Report 2022|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2023 | |||
|64.111 | |||
|7.003 | |||
|51.245 | |||
|733,000 | |||
|<ref>{{cite web|url=https://www.accenture.com/content/dam/accenture/final/capabilities/corporate-functions/marketing-and-communications/marketing---communications/document/Accenture-Fiscal-2023-Annual-Report.pdf#zoom=50|title=Annual Report 2023|publisher=Accenture|access-date=14 August 2024}}</ref> | |||
|- | |||
! scope="row" |2024 | |||
|64.896 | |||
|7.419 | |||
|55.932 | |||
|774,000 | |||
|<ref name=ar/> | |||
|} | |||
== |
== Controversies == | ||
The four workforces serve clients in the areas of consulting, technology, and outsourcing, as well as the company itself. This is almost always an internal designation as it is common place for Accenture employees to work in blended teams for a variety of reasons. | |||
=== Incorporation in a tax haven === | |||
*Consulting: Focus on ], process design work and the application of technologies to business. Responsible for sales, delivery, and leadership of most of Accenture's project-based work. | |||
In October 2002, the Congressional ] (GAO) identified Accenture as one of four publicly traded federal contractors that were incorporated in a tax haven.<ref>; United States General Accounting Office; 1 October 2002</ref> The other three, unlike Accenture, were incorporated in the United States before they re-incorporated in a tax haven, thereby lowering their US taxes. Critics such as former ] journalist ],<ref>{{cite news|last=Dobbs|first=Lou|title=Exporting America|url=https://money.cnn.com/2004/03/09/commentary/dobbs/dobbs/index.htm|access-date=3 May 2011|publisher=CNN|date=9 March 2004}}</ref> reported Accenture's decision to incorporate in Bermuda was a US ] ploy, because they viewed Accenture as having been a US-based company.<ref>{{cite web|url=http://www.house.gov/delauro/press/2004/accenture_06_01_04.html |title=Accenture|publisher=US House of Representatives|archive-url=https://web.archive.org/web/20070503215542/http://www.house.gov/delauro/press/2004/accenture_06_01_04.html|archive-date=3 May 2007}}</ref> The GAO itself did not characterize Accenture as having been a US-based company; it stated that "prior to incorporating in Bermuda, Accenture was operating as a series of related partnerships and corporations under the control of its partners through the mechanism of contracts with a Swiss coordinating entity."<ref name="GAO">{{cite web|title=Information on Federal Contractors That Are Incorporated Offshore|url=https://www.gao.gov/assets/100/91572.html|website=gao.gov|publisher=General Accounting Office|access-date=4 December 2017|archive-date=22 June 2017|archive-url=https://web.archive.org/web/20170622165349/https://www.gao.gov/assets/100/91572.html|url-status=dead}}</ref> | |||
*Services: Most focus on outsourcing engagements in the areas of business operations, IT, applications development and maintenance, help desk services, and HR. As part of some outsourcing deals, clients' internal teams can be "re-badged" as Accenture employees aligned to this workforce. Sometimes they work on Consulting projects or as internal Enterprise teams. | |||
* Solutions: The Accenture Technology Solutions subsidiary focuses on the specific technology skills needed to deliver projects or outsourcing arrangements. Comprises the majority of Accenture's employees in delivery centers in developing countries like Brazil, India, and the Philippines. | |||
* Enterprise: Focus on managing and supporting all the activities across Accenture's business, including legal, security, facilities, marketing, and client financial management. | |||
=== |
=== UK NHS technology project === | ||
Accenture engaged in an ] for the ] ] (NHS) in 2003, making headlines when it withdrew from the contract in 2006 over disputes related to delays and cost overruns.<ref name=nhswithdraw>{{cite news|url=https://www.theguardian.com/technology/2006/sep/28/news.business|title=Accenture to quit NHS technology overhaul|newspaper=The Guardian|access-date=18 July 2014|date=28 September 2006|last1=Bowers|first1=Simon}}</ref> The government of the ] ultimately abandoned the project five years later for the same reasons.<ref name=nhscancel>{{cite news|url=https://www.independent.co.uk/life-style/health-and-families/health-news/nhs-pulls-the-plug-on-its-11bn-it-system-2330906.html |archive-url=https://web.archive.org/web/20110920113851/http://www.independent.co.uk/life-style/health-and-families/health-news/nhs-pulls-the-plug-on-its-11bn-it-system-2330906.html |archive-date=2011-09-20 |url-access=limited |url-status=live|title=NHS pulls the plug on its £11bn IT system|work=The Independent|access-date=18 July 2014}}</ref> | |||
As most consulting firms, Accenture operates in a matrix structure. The first axis is dedicated to the operating groups, or industries of its clients. Broadly, the five Operating Groups are: | |||
* Communications, Media & Technology | |||
* Financial Services | |||
* Products | |||
* Resources | |||
* Health & Public Service | |||
=== Tax avoidance === | |||
The five Operating Groups comprises 39 industry subgroups that focus on industry evolution, business issues, and applicable technologies.<ref name="secinfo">{{cite web|url=http://www.accenture.com/us-en/industry/Pages/index.aspx|work=Accenture Industries|title=Accenture Industries|accessdate=January 22, 2013}}</ref> | |||
In 2012, it was revealed Accenture was paying only 3.5% in tax in Ireland as opposed to the average rate of 24% it would pay if instead based in the UK.<ref name="CompWeek12">{{cite news |author=Simon Moore |title=Revenue's IT contractors accused of tax avoidance |url=https://www.contractoruk.com/news/0010817revenues_it_contractors_accused_tax_avoidance.html |date= 26 November 2012 |access-date=31 May 2019 |archive-url=https://web.archive.org/web/20210127113917/https://www.contractoruk.com/news/0010817revenues_it_contractors_accused_tax_avoidance.html |archive-date=27 January 2021 |url-status=dead}}</ref> | |||
=== |
=== US immigration === | ||
In June 2018, Accenture was asked to recruit 7,500 ] officers. Under the $297 million contract, Accenture had been charging the US Government nearly $40,000 per hire, which was more than the annual salary of the average officer.<ref name=Lanard>{{cite web |url=https://www.motherjones.com/politics/2018/06/border-patrol-is-so-desperate-for-new-agents-its-spending-millions-to-help-recruits-finish-their-applications-1/ |title= Border Patrol Is So Desperate for New Agents, It's Spending Millions to Help Recruits Finish Their Applications |first=Noah | last=Lanard |date=14 June 2018 |access-date=19 June 2018}}</ref> According to a report published by the DHS Office of Inspector General in December 2018, Accenture had been paid $13.6M through the first ten months of the contract. They had hired two agents against a contract goal of 7,500 hires over 5 years. The report was issued as a 'management alert', indicating an issue requiring immediate attention, stating that "Accenture has already taken longer to deploy and delivered less capability than promised".<ref name=Sands>{{cite news |url=https://www.cnn.com/2018/12/10/politics/cpb-hiring-accenture-contract-inspector-general/index.html |title= 'Serious' issues with $297 million CBP hiring contract, internal watchdog says |author =Geneva Sands |date=10 December 2018 |access-date=10 December 2018}}</ref> The contract was terminated in 2019.<ref name="CNN-Sands-100405">{{cite news |title=CBP terminates controversial $297 million Accenture contract amid continued staffing struggles |last1=Sands |first1=Geneva |url=https://www.cnn.com/2019/04/05/politics/cbp-terminate-hiring-contract-accenture/index.html |work=] |date=5 April 2019 |access-date=14 September 2020}}</ref> | |||
The second axis is the growth platforms, which broadly refers to the functional or technical domains in which Accenture creates and delivers solutions to clients. | |||
=== Working conditions === | |||
* Accenture Strategy was launched in December 2013 to provide services for clients related to business strategy, technology strategy and operations strategy.<ref name=Pro14>{{cite news |title=Analyst Commentary: Accenture's digital push will boost consulting prospects |url=http://www.professionaloutsourcingmagazine.net/newsitems/analyst-commentary-accentures-digital-push-will-boost-consulting-prospects |newspaper=Professional Outsourcing Resources |date=January 3, 2014 |accessdate=30 January 2014}}</ref> | |||
* Accenture Digital was also launched in December 2013 to provide clients with ], ] and ] services.<ref name=Pandey13>{{cite news |title=Accenture launches digital marketing capabilities. Should agencies worry? |author=Rayana Pandey |url=http://www.marketing-interactive.com/accenture-launches-digital-marketing-capabilities-agencies-worry/ |newspaper=] |date=December 5, 2013 |accessdate=30 January 2014}}</ref> | |||
* Technology unifies the full range of Accenture's systems integration, technology consulting, and IT outsourcing capabilities. Most people in the Services and Solutions work forces are aligned under the Technology growth platform.<ref name="secinfo"/> | |||
* Business Process Outsourcing focuses on managing specific business processes or functions for clients such as procurement, HR, finance and accounting, as well as services geared to the needs of specific industries. | |||
<!-- ==Principal subsidiaries== Removed per talk page discussion. Please do not add back in without talk page discussion. --> | |||
In February 2019, ] from Accenture's ], location who performed ] tasks for ] wrote an ] to Facebook describing poor working conditions and a "] environment" that included restricted ] and strict ]s.<ref name="BI moderators">{{cite web| first1=Rob| last1=Price| access-date=21 June 2019| title=Facebook moderators are in revolt over 'inhumane' working conditions that they say erodes their 'sense of humanity'| url=https://www.businessinsider.com/facebook-moderators-complain-big-brother-rules-accenture-austin-2019-2| website=]| date=15 February 2019}}</ref><ref name="WaPo moderators">{{cite news| access-date=21 June 2019| title=Inside Facebook, the second-class workers who do the hardest job are waging a quiet battle| url=https://www.washingtonpost.com/technology/2019/05/08/inside-facebook-second-class-workers-who-do-hardest-job-are-waging-quiet-battle/|newspaper=]| date=8 May 2019|first=Elizabeth|last=Dwoskin}}</ref><ref>{{cite web|access-date=21 June 2019|url=https://www.bloomberg.com/news/articles/2019-02-25/facebook-grappling-with-employee-anger-over-moderator-conditions| first=Joshua| last=Brustein| date=25 February 2019|website=]| title=Facebook Grappling With Employee Anger Over Moderator Conditions}}</ref> A counselor in the Austin office stated that the content moderators could develop ] as a result of the work, which included evaluating videos and images containing ], ], ], and ].<ref name="WaPo moderators" /><ref>{{cite web| first1=Queenie| last1=Wong| access-date=21 June 2019| title=Murders and suicides: Here's who keeps them off your Facebook feed| url=https://www.cnet.com/news/facebook-content-moderation-is-an-ugly-business-heres-who-does-it/| website=]|date=19 June 2019}}</ref> Accenture issued a statement saying the company offers opportunities for moderators to advance, increase their wages, and provide input "to help shape their experience."<ref name="Wapo-Dwoskin-190508">{{cite news |title=Inside Facebook, the second-class workers who do the hardest job are waging a quiet battle |last1=Dwoskin |first1=Elizabeth |url=https://www.washingtonpost.com/technology/2019/05/08/inside-facebook-second-class-workers-who-do-hardest-job-are-waging-quiet-battle/ |newspaper=] |date=8 May 2019 |access-date=14 September 2020}}</ref><ref>{{cite web |url=https://www.theverge.com/2019/2/25/18229714/cognizant-facebook-content-moderator-interviews-trauma-working-conditions-arizona |title=The Trauma Floor: The secret lives of Facebook moderators in America |publisher=The Verge |date=2019-02-25 |accessdate=2024-08-10}}</ref> | |||
== Leadership == | |||
* ] - Chairman and Chief Executive Officer<ref name="nanterme">{{cite web|url=http://www.accenture.com/us-en/company/people/Pages/pierre-nanterme.aspx|title=Accenture profile: Pierre Nanterme|work=Accenture.com|accessdate=February 2, 2013}}</ref><ref>{{cite web|url=http://newsroom.accenture.com/news/accenture-names-ceo-pierre-nanterme-to-additional-position-of-chairman-effective-feb-1-2013.htm|title=Accenture newsletter: Accenture names CEO|work=Accenture.com|accessdate=April 19, 2013}}</ref> | |||
* David P. Rowland - Chief Financial Officer | |||
* Jo Deblaere - Chief Operating Officer | |||
=== Tax practices === | |||
== Marketing, branding and identity == | |||
In February 2019, Accenture paid $200 million to Swiss authorities over tax claims related to transfer pricing arrangements.<ref>{{cite web |url=https://www.icij.org/investigations/luxembourg-leaks/accenture-settles-lux-leaks-tax-claim-for-200m/ |title=Accenture settles Lux Leaks tax claim for $200m |publisher=International Consortium of Investigative Journalists |date=2019-02-26 |access-date=2024-08-10}}</ref> | |||
Accenture advertises in television, print, and in public places, such as airports, around the world. Beginning in 1999, Accenture has sponsored an international event called the ], part of the ], and has done so every year since then.<ref>{{cite web|title=Accenture Match Play Information Page|url=http://www.pgatour.com/tournaments/r470/|work=Accenture Match Play Information Page}}</ref> The company was parodied in a webcomic, '']'', by employee James Sanchez from 1999 to 2003. From at least 2005<ref>{{Citation |author= Jennifer Pellet |publication-date= August 1, 2005 |title= Pursuing high performance: chief executives can, in fact, stay ahead of emerging global competitors. |publisher= ] |page=66|issue=211 |url= http://chiefexecutive.net/pursuing-high-performance|accessdate=October 13, 2013}}</ref> until December 2009, Accenture used ] as a celebrity spokesperson and advertised using the ] "Go on, be a Tiger" and the ancillary statement "We know what it takes to be a Tiger" in association with Wood's celebrity image. On December 13, 2009 after details of ] were exposed, the company terminated Woods' six-year sponsorship deal.<ref>{{cite news|url=http://news.bbc.co.uk/1/hi/world/americas/8411091.stm |title=Accenture cuts Tiger Woods sponsorship deal |publisher=BBC News |date=December 14, 2009 |accessdate=August 6, 2010}}</ref><ref>{{cite web|last=Pulley |first=Brett |url=http://www.bloomberg.com/apps/news?pid=20601079&sid=a5KkXJCY3B1k |title=Tiger Woods Disappears From Accenture Web Home Page |publisher=Bloomberg |date=December 11, 2009 |accessdate=August 6, 2010}}</ref> The current advertising campaign features client success stories and the slogan, "''High performance. Delivered.''" | |||
=== Data breach === | |||
The ] used in the Accenture ] is ]. The numerical ] over the '''t''' is intended to indicate the company's orientation to the future and their goal of exceeding client expectations.<ref name=BusinessWorld01>{{cite news |title=accenture: Rebranding for the future |url=http://w3.nexis.com/new/docview/getDocForCuiReq?lni=422X-MPM0-00JS-91X5&csi=173384&oc=00240&perma=true |work=] |date=8 January 2001 |accessdate=25 June 2013}}</ref> | |||
In August 2021, Accenture confirmed a data breach due to a ransomware attack, which reportedly led to the theft of six terabytes of data.<ref>{{cite web |url=https://www.bleepingcomputer.com/news/security/accenture-confirms-data-breach-after-august-ransomware-attack/ |title=Accenture confirms data breach after August ransomware attack |publisher=BleepingComputer |date=2021-10-15 |access-date=2024-08-10}}</ref> | |||
=== Employment practices === | |||
==Awards and Honors== | |||
In March 2023, Accenture announced plans to eliminate 19,000 jobs of the 738,000 employees over 18 months, citing reduced revenue forecasts.<ref>{{cite news |last1=Anghel |first1=Irina |last2=Boyle |first2=Matthew |title=Accenture Shares Jump After Plan to Slash 19,000 Jobs |url=https://www.bloomberg.com/news/articles/2023-03-23/accenture-to-cut-19-000-jobs-with-biggest-pullback-in-consulting?sref=CIpmV6x8 |access-date=23 March 2023 |work=Bloomberg.com |date=23 March 2023 |language=en}}</ref> | |||
In 2013, the Ethisphere Institute designated Accenture as one of the World's Most Ethical Companies for the 6th time.<ref>{{cite web|title=WME Honorees|url=http://m1.ethisphere.com/wme2013/index.html|work=ethisphere.com|publisher=Ethisphere Institute|accessdate=28 February 2014|date=13 March 2013}}</ref> | |||
The firm was named by '']'' magazine as one of the top 100 companies to work for in 2009, 2010, 2011, 2012 and 2013.<ref>{{cite web|url=http://money.cnn.com/magazines/fortune/best-companies/2013/snapshots/91.html?iid=bc_lp_arrow1 |title=Accenture - Best Companies to Work For 2013 - Fortune |publisher=Money.cnn.com |date=2013-02-04 |accessdate=2013-06-10}}</ref><ref> . Money.cnn.com. Retrieved 2013-08-08</ref><ref>. Money.cnn.com. Retrieved 2013-08-08</ref><ref>. Money.cnn.com. Retrieved 2013-08-08</ref><ref>. Money.cnn.com. Retrieved 2013-08-08</ref> | |||
In 2013, the firm was named 9th in the Top 50 Companies for Diversity by DiversityInc. | |||
"The company has made significant strides in its talent-development efforts for people from underrepresented groups. Accenture has metrics-driven succession-planning programs and special training and education for high-potential employees, especially women."<ref>{{cite web|url=http://www.diversityinc.com/accenture/ |title=Accenture: No. 9 in the DiversityInc Top 50 |publisher=DiversityInc |date=2013-03-05 |accessdate=2013-06-10}}</ref> | |||
In 2013, Corporate Responsibility Magazine named Accenture in the top 25 of their top 100 Best Corporate Citizens for the third consecutive year.<ref>{{cite web|url=http://www.thecro.com/files/100Best2013_web.pdf |title=CRs 100 Best Corporate Citizens 2013 |publisher=Corporate Responsibility Magazine |date=2014-03-03 |accessdate=2014-03-03}}</ref> | |||
==See also== | ==See also== | ||
*] | |||
* ], a 2002 list compiled by Accenture | |||
* ], an IT consulting subsidiary of Accenture | |||
* ], a webcomic parody based on Andersen Consulting, now known as Accenture | |||
* ], annual World Golf Championships sponsored by Accenture | |||
==References== | == References == | ||
{{reflist}} | |||
{{Reflist|colwidth=30em}} | |||
==External links== | |||
{{commons category}} | |||
* {{official website|http://www.accenture.com}} | |||
{{finance links | |||
| name = Accenture plc | |||
| symbol = ACN | |||
| sec_cik = 1467373 | |||
| hoovers = 10796 | |||
}} | |||
*{{OpenCorp|Accenture}} | |||
== External links == | |||
{{Major information technology companies}} | |||
{{Commons category|Accenture}} | |||
* {{official website|https://www.accenture.com}} | |||
{{DEFAULTSORT:Accenture}} | {{DEFAULTSORT:Accenture}} | ||
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Latest revision as of 09:38, 20 December 2024
Irish-American professional services company
Primary logo used since 2020 | |
Headquarters at 1 Grand Canal Square, Dublin | |
Formerly | Andersen Consulting |
---|---|
Company type | Public |
Traded as | |
ISIN | IE00B4BNMY34 |
Industry | |
Predecessor | Arthur Andersen |
Founded | 1989; 35 years ago (1989) |
Headquarters | Dublin, Ireland |
Number of locations | 52 countries |
Area served | Worldwide |
Key people | Julie Sweet (Chair and CEO) |
Revenue | US$64.90 billion (2024) |
Operating income | US$9.60 billion (2024) |
Net income | US$7.42 billion (2024) |
Total assets | US$55.93 billion (2024) |
Total equity | US$29.17 billion (2024) |
Number of employees | 774,000 (2024) |
Subsidiaries | |
Website | www |
Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. A Fortune Global 500 company, it reported revenues of $64.9 billion in 2024.
History
Formation and early years
Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s. The division conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first commercial use of a computer in the United States.
Split from Arthur Andersen
In 1989, Arthur Andersen and Andersen Consulting became separate units of Andersen Worldwide Société Coopérative (AWSC). Throughout the 1990s, tensions grew between the two units. Andersen Consulting was paying Arthur Andersen up to 15% of its profits each year (a provision of the 1989 split was that the more profitable unit – whether AA or AC, pay the other the 15 percent), while at the same time Arthur Andersen was competing with Andersen Consulting through its own newly established business consulting service line called Arthur Andersen Business Consulting. This dispute came to a head in 1998, when Andersen Consulting put the 15% transfer payment for that year and future years into escrow and issued a claim for breach of contract against AWSC and Arthur Andersen. In 2000, as a result of arbitration, Andersen Consulting broke all contractual ties with AWSC and Arthur Andersen. As part of the arbitration settlement, Andersen Consulting paid $1.2 billion to Arthur Andersen and changed its name to Accenture.
On 1 January 2001, Andersen Consulting adopted the name, "Accenture". The word "Accenture" was derived from "Accent on the future". The name "Accenture" was submitted by Kim Petersen, a Danish employee from the company's Oslo, Norway office. Petersen hoped that the name would not be offensive in any country in which Accenture operates, because the word itself was meaningless.
Incorporation and public listing
Accenture was incorporated in Bermuda in 2001. On 19 July 2001, Accenture's initial public offering (IPO) was priced at $14.50 per share, and the shares began trading on the New York Stock Exchange. Because of the split from Andersen, Accenture avoided prosecution on June 16, 2002, when the U.S. Securities and Exchange Commission prosecuted Arthur Andersen for obstructing justice and accounting fraud.
Reincorporation in Ireland
On 26 May 2009, Accenture announced that its board of directors unanimously approved changing the company's place of incorporation from Bermuda to Ireland.
Services and operations
Accenture's business is organized into five segments:
- Strategy and Consulting
- Technology
- Operations
- Accenture Song (formerly Interactive)
- Industry X
The company provides services to clients in various industries, including communications, media and technology, financial services, health and public service, consumer products, and resources.
Corporate affairs
Leadership
William D. Green became the CEO in September 2004. Green was replaced by Pierre Nanterme in January 2011. In January 2019, Nanterme stepped down from his position, citing health reasons. Chief Financial Officer David Rowland was named as the interim CEO. Julie Sweet was appointed CEO in September 2019.
Employees
As of 2024, Accenture reported having approximately 774,000 employees.
Finances
The financial results were as follows:
Year | Revenue in billion US$ |
Net income in billion US$ |
Total Assets in billion US$ |
Employees | Reference |
---|---|---|---|---|---|
2013 | 30.394 | 3.282 | 16.867 | 275,000 | |
2014 | 31.875 | 2.941 | 17.930 | 305,000 | |
2015 | 32.914 | 3.054 | 18.203 | 358,000 | |
2016 | 34.798 | 4.112 | 20.609 | 384,000 | |
2017 | 36.765 | 3.445 | 22.690 | 425,000 | |
2018 | 41.603 | 4.060 | 24.449 | 459,000 | |
2019 | 43.215 | 4.779 | 29.789 | 505,000 | |
2020 | 44.327 | 5.107 | 37.078 | 506,000 | |
2021 | 50.533 | 5.906 | 43.175 | 624,000 | |
2022 | 61.594 | 6.989 | 47.263 | 721,000 | |
2023 | 64.111 | 7.003 | 51.245 | 733,000 | |
2024 | 64.896 | 7.419 | 55.932 | 774,000 |
Controversies
Incorporation in a tax haven
In October 2002, the Congressional General Accounting Office (GAO) identified Accenture as one of four publicly traded federal contractors that were incorporated in a tax haven. The other three, unlike Accenture, were incorporated in the United States before they re-incorporated in a tax haven, thereby lowering their US taxes. Critics such as former CNN journalist Lou Dobbs, reported Accenture's decision to incorporate in Bermuda was a US tax avoidance ploy, because they viewed Accenture as having been a US-based company. The GAO itself did not characterize Accenture as having been a US-based company; it stated that "prior to incorporating in Bermuda, Accenture was operating as a series of related partnerships and corporations under the control of its partners through the mechanism of contracts with a Swiss coordinating entity."
UK NHS technology project
Accenture engaged in an IT overhaul project for the British National Health Service (NHS) in 2003, making headlines when it withdrew from the contract in 2006 over disputes related to delays and cost overruns. The government of the United Kingdom ultimately abandoned the project five years later for the same reasons.
Tax avoidance
In 2012, it was revealed Accenture was paying only 3.5% in tax in Ireland as opposed to the average rate of 24% it would pay if instead based in the UK.
US immigration
In June 2018, Accenture was asked to recruit 7,500 Customs and Border Protection officers. Under the $297 million contract, Accenture had been charging the US Government nearly $40,000 per hire, which was more than the annual salary of the average officer. According to a report published by the DHS Office of Inspector General in December 2018, Accenture had been paid $13.6M through the first ten months of the contract. They had hired two agents against a contract goal of 7,500 hires over 5 years. The report was issued as a 'management alert', indicating an issue requiring immediate attention, stating that "Accenture has already taken longer to deploy and delivered less capability than promised". The contract was terminated in 2019.
Working conditions
In February 2019, contractors from Accenture's Austin, Texas, location who performed content moderation tasks for Facebook wrote an open letter to Facebook describing poor working conditions and a "Big Brother environment" that included restricted work breaks and strict non-disclosure agreements. A counselor in the Austin office stated that the content moderators could develop post-traumatic stress disorder as a result of the work, which included evaluating videos and images containing graphic violence, hate speech, animal abuse, and child abuse. Accenture issued a statement saying the company offers opportunities for moderators to advance, increase their wages, and provide input "to help shape their experience."
Tax practices
In February 2019, Accenture paid $200 million to Swiss authorities over tax claims related to transfer pricing arrangements.
Data breach
In August 2021, Accenture confirmed a data breach due to a ransomware attack, which reportedly led to the theft of six terabytes of data.
Employment practices
In March 2023, Accenture announced plans to eliminate 19,000 jobs of the 738,000 employees over 18 months, citing reduced revenue forecasts.
See also
References
- "Accenture Fact Sheet FY24". Accenture. 2024. Retrieved 14 October 2024.
- ^ "Annual Results 2024" (PDF). Accenture. Retrieved 23 September 2024.
- "Accenture Annual Report for Fiscal Year 2023". US Securities and Exchange Commission. 12 October 2023. Retrieved 13 October 2023.
- "Accenture To Add 500 Jobs in Chicago". WBBM-TV. 11 October 2011. Retrieved 10 December 2015.
- Betts, Mitch (29 January 2001). "GE's Appliance Park Still an IT Innovator". Computerworld. Retrieved 10 December 2015.
- Betts, Mitch (2 July 1990). "The Univac I: First in the field". Computerworld. Retrieved 10 December 2015.
- Martin, Mitchell (8 August 2000). "Arbitrator's Ruling Goes Against Accounting Arm : Consultants Win Battle Of Andersen". The New York Times. New York City. Retrieved 1 March 2014.
- Kotler, Philip; Pfoertsch, Waldemar (22 September 2006). B2B Brand Management. Springer Science & Business Media. pp. 291–292. ISBN 978-3-540-44729-0.
- "Accenture IPO gains in first trades". CNN Money. 19 July 2001. Retrieved 4 December 2015.
- Salinger, Lawrence M. (2005). Encyclopedia of White-Collar & Corporate Crime. SAGE. p. 57. ISBN 978-0-7619-3004-4.
- "Accenture Newsroom: Accenture Announces Proposed Change of Incorporation to Ireland". newsroom.accenture.com. 26 May 2009. Retrieved 6 August 2010.
- "About Our Company | Accenture". www.accenture.com. Retrieved 6 December 2024.
- "Accenture Announces Accenture Song". Accenture. Retrieved 16 August 2024.
- "Fact sheet". Accenture. Retrieved 24 February 2020.
- "William D. Green Profile". Forbes. Archived from the original on 3 April 2009. Retrieved 26 May 2012.
- Cyrille Chausson (21 October 2010). "Pierre Nanterme prendra les rênes d'Accenture en 2011". LeMagIT. Retrieved 30 June 2013.
- Matthew Monks (24 November 2010). "New Financial Group Chief at Accenture". American Banker. Retrieved 30 June 2013.
- "Accenture's former CEO Nanterme dies". Reuters. 31 January 2019. Retrieved 31 January 2019.
- "Accenture Appoints Julie Sweet Chief Executive Officer and Names David Rowland Executive Chairman, Effective Sept. 1, 2019". accntu.re. 11 July 2019. Archived from the original on 13 July 2019. Retrieved 17 July 2019.
- "Annual Report 2013" (PDF). Accenture. Retrieved 14 August 2024.
- "Annual Report 2014" (PDF). Accenture. Retrieved 14 August 2024.
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External links
Categories:- Accenture
- Consulting firms established in 1989
- Companies listed on the New York Stock Exchange
- Companies based in Dublin (city)
- Information technology consulting firms of Ireland
- International management consulting firms
- Outsourcing companies
- 2001 initial public offerings
- Irish companies established in 1989