Summary by Futu AI
Accenture plc released its financial results for the fourth quarter and the full fiscal year ending August 31, 2024, on September 26, 2024. The announcement was made through a news release and is accompanied by non-GAAP financial measures, which include free cash flow, percentage changes in revenues and bookings on a local currency basis, and adjusted financial measures that exclude business optimization costs and gain on an investment. Management believes these non-GAAP measures provide additional insight into the company's liquidity and facilitate a meaningful comparison of revenues by excluding the effects of foreign currency exchange rate fluctuations. Reconciliations of non-GAAP financial measures to GAAP measures are included in the news release. The information provided in the news release is furnished but not filed, and while considered useful by Accenture's management, it is supplemental and not a substitute for financial information prepared in accordance with GAAP.