Accenture plc, a leading global professional services company, has received comments from the United States Securities and Exchange Commission (SEC) regarding its Form 10-K for the fiscal year ended August 31, 2023. The SEC's letter, dated March 5, 2024, addressed to Accenture's Chief Financial Officer KC McClure, points out the need for clarification on the presentation of non-GAAP measures, specifically the effective tax rate and diluted earnings per share. The SEC has requested that Accenture revise its presentation to comply with Item 10(e)(1)(i) of Regulation S-K and provide a clearer reconciliation of diluted earnings per share, including the income tax effects of non-GAAP adjustments. Accenture has been given ten business days to respond to the SEC's comments or to provide a timeline for when they will respond. The SEC has also reminded the company of its responsibility for the accuracy and adequacy of its disclosures.

Accenture plc, a leading global professional services company, has received comments from the United States Securities and Exchange Commission (SEC) regarding its Form 10-K for the fiscal year ended August 31, 2023. The SEC's letter, dated March 5, 2024, addressed to Accenture's Chief Financial Officer KC McClure, points out the need for clarification on the presentation of non-GAAP measures, specifically the effective tax rate and diluted earnings per share. The SEC has requested that Accenture revise its presentation to comply with Item 10(e)(1)(i) of Regulation S-K and provide a clearer reconciliation of diluted earnings per share, including the income tax effects of non-GAAP adjustments. Accenture has been given ten business days to respond to the SEC's comments or to provide a timeline for when they will respond. The SEC has also reminded the company of its responsibility for the accuracy and adequacy of its disclosures.