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Accenture

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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.
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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.
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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
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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
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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
758:(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 385:
office. Petersen felt that the name should represent the firm's desire 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, because the word itself was meaningless.
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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
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The company provides services to clients in various industries, including communications, media and technology, financial services, health and public service, consumer products, and resources.
1817: 875:. Accenture issued a statement saying the company offers opportunities for moderators to advance, increase their wages, and provide input "to help shape their experience." 2165: 1790: 2004: 1920: 482:
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.
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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.
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In August 2021, Accenture confirmed a data breach due to a ransomware attack, which reportedly led to the theft of six terabytes of data.
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On 26 May 2009, Accenture announced that its board of directors unanimously approved changing the company's place of incorporation from
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In February 2019, Accenture paid $ 200 million to Swiss authorities over tax claims related to transfer pricing arrangements.
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In March 2023, Accenture announced plans to eliminate 19,000 jobs over 18 months, citing reduced revenue forecasts.
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is a global multinational professional services company originating in the US and headquartered in
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computer and printer, believed to be the first commercial use of a computer in the United States.
1862:"CBP terminates controversial $ 297 million Accenture contract amid continued staffing struggles" 787: 399: 395: 185: 71: 824: 402:. Because of the split from Andersen, Accenture avoided prosecution on June 16, 2002, when the 328: 54: 1114: 122: 2005:"Inside Facebook, the second-class workers who do the hardest job are waging a quiet battle" 1921:"Inside Facebook, the second-class workers who do the hardest job are waging a quiet battle" 1757: 1039:"Arbitrator's Ruling Goes Against Accounting Arm : Consultants Win Battle Of Andersen" 361: 8: 2009: 1925: 407: 1241: 2145: 1043: 832: 332: 348:
Accenture began as the business and technology consulting division of accounting firm
1168:"Accenture Newsroom: Accenture Announces Proposed Change of Incorporation to Ireland" 1147: 1094: 855:. A counselor in the Austin office stated that the content moderators could develop 1894: 860: 771:
its partners through the mechanism of contracts with a Swiss coordinating entity."
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as a result of the work, which included evaluating videos and images containing
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Accenture was incorporated in Bermuda in 2001. On 19 July 2001, Accenture's
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ultimately abandoned the project five years later for the same reasons.
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As of 2023, Accenture reported having approximately 733,000 employees.
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in the early 1950s. The division conducted a feasibility study for
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Information on Federal Contractors That Are Incorporated Offshore
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Kotler, Philip; Pfoertsch, Waldemar (22 September 2006).
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company, it reported revenues of $ 64.1 billion in 2024.
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became the CEO in September 2004. Green was replaced by
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to Facebook describing poor working conditions and a "
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Accenture's business is organized into five segments:
1996: 1791:"Revenue's IT contractors accused of tax avoidance" 810:In June 2018, Accenture was asked to recruit 7,500 389: 2166:Information technology consulting firms of Ireland 2054:"Accenture settles Lux Leaks tax claim for $ 200m" 1914: 1912: 1143:Encyclopedia of White-Collar & Corporate Crime 2137: 1853: 1262: 1070:"Andersen Consulting Changing Name To Accenture" 2156:Companies listed on the New York Stock Exchange 2097:Anghel, Irina; Boyle, Matthew (23 March 2023). 1909: 1086: 749: 932:"Accenture Annual Report for Fiscal Year 2023" 1881: 1686:. US House of Representatives. Archived from 1288: 417: 371: 1837: 774: 343: 16:Irish-American professional services company 2096: 1788: 1759:"NHS pulls the plug on its £11bn IT system" 1733:"Accenture to quit NHS technology overhaul" 1724: 1708:. General Accounting Office. Archived from 1204: 983:"GE's Appliance Park Still an IT Innovator" 1782: 433: 27: 2171:International management consulting firms 1750: 1946: 1291:"New Financial Group Chief at Accenture" 1256: 1139: 502:The financial results were as follows: 2002: 1918: 894: 404:U.S. Securities and Exchange Commission 2138: 1815: 1809: 1770:from the original on 20 September 2011 1730: 1318:"Accenture's former CEO Nanterme dies" 1036: 1002: 974: 954:"Accenture To Add 500 Jobs in Chicago" 847:environment" that included restricted 364:, which led to GE's installation of a 42:Headquarters at 1 Grand Canal Square, 1947:Brustein, Joshua (25 February 2019). 1887: 1859: 1831: 1659: 1310: 1282: 1170:. newsroom.accenture.com. 26 May 2009 1115:"Accenture IPO gains in first trades" 1008: 980: 946: 818: 486:was appointed CEO in September 2019. 2151:Consulting firms established in 1989 1974: 1263:Cyrille Chausson (21 October 2010). 1190:"Accenture Announces Accenture Song" 1182: 926: 924: 465: 2186:Irish companies established in 1989 2078:. BleepingComputer. 15 October 2021 1731:Bowers, Simon (28 September 2006). 1694: 754:In October 2002, the Congressional 445:Interactive (under the market name 13: 1289:Matthew Monks (24 November 2010). 1037:Martin, Mitchell (8 August 2000). 1011:"The Univac I: First in the field" 14: 2197: 2120: 2003:Dwoskin, Elizabeth (8 May 2019). 1919:Dwoskin, Elizabeth (8 May 2019). 1838:Geneva Sands (10 December 2018). 1354:from the original on 13 July 2019 1080: 921: 909:List of acquisitions by Accenture 805: 128:Information technology consulting 2161:Companies based in Dublin (city) 1789:Simon Moore (26 November 2012). 981:Betts, Mitch (29 January 2001). 878: 797: 744: 390:Incorporation and public listing 331:(IT) services and consulting. A 277: 276: 257: 256: 237: 236: 217: 216: 197: 196: 36: 2090: 2068: 2046: 2024: 1968: 1940: 1888:Price, Rob (15 February 2019). 1676: 1653: 1641: 1616: 1591: 1566: 1541: 1516: 1491: 1466: 1441: 1416: 1391: 1366: 1336: 1226: 1160: 406:prosecuted Arthur Andersen for 1975:Wong, Queenie (19 June 2019). 1860:Sands, Geneva (5 April 2019). 1140:Salinger, Lawrence M. (2005). 1133: 1107: 1062: 1030: 886: 857:post-traumatic stress disorder 1: 2181:2001 initial public offerings 2034:. The Verge. 25 February 2019 1816:Lanard, Noah (14 June 2018). 914: 812:Customs and Border Protection 470: 1009:Betts, Mitch (2 July 1990). 750:Incorporation in a tax haven 489: 7: 1660:Dobbs, Lou (9 March 2004). 902: 497: 142:; 35 years ago 10: 2202: 1234:"William D. Green Profile" 418:Reincorporation in Ireland 372:Split from Arthur Andersen 338: 853:non-disclosure agreements 831:, location who performed 775:UK NHS technology project 756:General Accounting Office 723: 704: 685: 666: 647: 628: 609: 590: 571: 552: 533: 528: 525: 520: 515: 510: 507: 356:to install a computer at 344:Formation and early years 298: 288: 268: 248: 228: 208: 192: 175: 165: 154: 136: 115: 101: 60: 50: 35: 26: 779:Accenture engaged in an 788:National Health Service 442:Strategy and Consulting 434:Services and operations 400:New York Stock Exchange 396:initial public offering 329:information technology 327:, that specializes in 2176:Outsourcing companies 123:Professional services 1624:"Annual Report 2023" 1599:"Annual Report 2022" 1574:"Annual Report 2021" 1549:"Annual Report 2020" 1524:"Annual Report 2019" 1499:"Annual Report 2018" 1474:"Annual Report 2017" 1449:"Annual Report 2016" 1424:"Annual Report 2015" 1399:"Annual Report 2014" 1374:"Annual Report 2013" 1146:. SAGE. p. 57. 1090:B2B Brand Management 895:Employment practices 362:Louisville, Kentucky 2010:The Washington Post 1926:The Washington Post 1662:"Exporting America" 781:IT overhaul project 408:obstructing justice 290:Number of employees 23: 1797:on 27 January 2021 1076:. 26 October 2000. 1044:The New York Times 833:content moderation 823:In February 2019, 819:Working conditions 333:Fortune Global 500 21: 1324:. 31 January 2019 1153:978-0-7619-3004-4 1100:978-3-540-44729-0 962:. 11 October 2011 827:from Accenture's 742: 741: 466:Corporate affairs 314: 313: 282:US$ 26.46 billion 262:US$ 51.25 billion 202:US$ 64.11 billion 2193: 2132: 2131: 2129:Official website 2114: 2113: 2111: 2109: 2094: 2088: 2087: 2085: 2083: 2072: 2066: 2065: 2063: 2061: 2050: 2044: 2043: 2041: 2039: 2028: 2022: 2021: 2019: 2017: 2000: 1994: 1993: 1991: 1989: 1972: 1966: 1965: 1963: 1961: 1944: 1938: 1937: 1935: 1933: 1916: 1907: 1906: 1904: 1902: 1895:Business Insider 1885: 1879: 1878: 1876: 1874: 1857: 1851: 1850: 1848: 1846: 1835: 1829: 1828: 1826: 1824: 1813: 1807: 1806: 1804: 1802: 1793:. 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Green 412:accounting fraud 354:General Electric 310: 307: 305: 283: 280: 279: 273: 263: 260: 259: 253: 243: 242:US$ 7.00 billion 240: 239: 223: 222:US$ 8.81 billion 220: 219: 211:Operating income 203: 200: 199: 150: 148: 143: 111: 40: 31: 24: 20: 2201: 2200: 2196: 2195: 2194: 2192: 2191: 2190: 2136: 2135: 2127: 2126: 2123: 2118: 2117: 2107: 2105: 2095: 2091: 2081: 2079: 2074: 2073: 2069: 2059: 2057: 2052: 2051: 2047: 2037: 2035: 2030: 2029: 2025: 2015: 2013: 2001: 1997: 1987: 1985: 1973: 1969: 1959: 1957: 1945: 1941: 1931: 1929: 1917: 1910: 1900: 1898: 1886: 1882: 1872: 1870: 1858: 1854: 1844: 1842: 1836: 1832: 1822: 1820: 1814: 1810: 1800: 1798: 1787: 1783: 1773: 1771: 1764:The Independent 1756: 1755: 1751: 1741: 1739: 1729: 1725: 1715: 1713: 1712:on 22 June 2017 1700: 1699: 1695: 1682: 1681: 1677: 1667: 1665: 1658: 1654: 1646: 1642: 1632: 1630: 1626: 1622: 1621: 1617: 1607: 1605: 1601: 1597: 1596: 1592: 1582: 1580: 1576: 1572: 1571: 1567: 1557: 1555: 1551: 1547: 1546: 1542: 1532: 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Index



Dublin
Public
Traded as
NYSE
ACN
Class A
S&P 100
S&P 500
ISIN
IE00B4BNMY34
Professional services
Information technology consulting
Dublin
Julie Sweet
CEO
Operating income
Net income
Total assets
Total equity
www.accenture.com
Dublin
Ireland
information technology
Fortune Global 500
Arthur Andersen
General Electric
Appliance Park
Louisville, Kentucky

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