10-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended August 31, 2018

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from                 to                 

Commission File Number: 001-34448

Accenture plc

(Exact name of registrant as specified in its charter)

Ireland	98-0627530
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

1 Grand Canal Square,

Grand Canal Harbour,

Dublin 2, Ireland

(Address of principal executive offices)

(353) (1) 646-2000

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Name of each exchange on which registered
Class A ordinary shares, par value $0.0000225 per share	New York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act:

None

(Title of Class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes þ      No o

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934.  Yes o No þ

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes þ     No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes þ     No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.   þ

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filerþ	Accelerated filer o	Non-accelerated filero
Smaller reporting company o	Emerging growth company o

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).    Yes o    No þ

The aggregate market value of the common equity of the registrant held by non-affiliates of the registrant on February 28, 2018 was approximately $99,465,708,231 based on the closing price of the registrant’s Class A ordinary shares, par value $0.0000225 per share, reported on the New York Stock Exchange on such date of $161.01 per share and on the par value of the registrant’s Class X ordinary shares, par value $0.0000225 per share.

The number of shares of the registrant’s Class A ordinary shares, par value $0.0000225 per share, outstanding as of October 10, 2018 was 663,601,568 (which number includes 25,261,551 issued shares held by the registrant). The number of shares of the registrant’s Class X ordinary shares, par value $0.0000225 per share, outstanding as of October 10, 2018 was 650,821.

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A relating to the registrant’s Annual General Meeting of Shareholders, to be held on February 1, 2019, will be incorporated by reference in this Form 10-K in response to Items 10, 11, 12, 13 and 14 of Part III. The definitive proxy statement will be filed with the SEC not later than 120 days after the registrant’s fiscal year ended August 31, 2018.

TABLE OF CONTENTS

		Page
Part I
Item 1.	Business	1
Item 1A.	Risk Factors	9
Item 1B.	Unresolved Staff Comments	22
Item 2.	Properties	22
Item 3.	Legal Proceedings	23
Item 4.	Mine Safety Disclosures	23
Part II
Item 5.	Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities	25
Item 6.	Selected Financial Data	27
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	28
Item 7A.	Quantitative and Qualitative Disclosures about Market Risk	44
Item 8.	Financial Statements and Supplementary Data	44
Item 9.	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure	45
Item 9A.	Controls and Procedures	45
Item 9B.	Other Information	45
Part III
Item 10.	Directors, Executive Officers and Corporate Governance	46
Item 11.	Executive Compensation	46
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters	46
Item 13.	Certain Relationships and Related Transactions, and Director Independence	47
Item 14.	Principal Accountant Fees and Services	47
Part IV
Item 15.	Exhibits, Financial Statement Schedules	48
Item 16.	Form 10-K Summary	50
Signatures		51

PART I

Disclosure Regarding Forward-Looking Statements

This Annual Report on Form 10-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) relating to our operations, results of operations and other matters that are based on our current expectations, estimates, assumptions and projections. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. Risks, uncertainties and other factors that might cause such differences, some of which could be material, include, but are not limited to, the factors discussed below under the section entitled “Risk Factors.” Our forward-looking statements speak only as of the date of this report or as of the date they are made, and we undertake no obligation to update them.

Available Information

Our website address is www.accenture.com. We use our website as a channel of distribution for company information. We make available free of charge on the Investor Relations section of our website (http://investor.accenture.com) our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and all amendments to those reports as soon as reasonably practicable after such material is electronically filed with or furnished to the Securities and Exchange Commission (the “SEC”) pursuant to Section 13(a) or 15(d) of the Exchange Act. We also make available through our website other reports filed with or furnished to the SEC under the Exchange Act, including our proxy statements and reports filed by officers and directors under Section 16(a) of the Exchange Act, as well as our Code of Business Ethics. Financial and other material information regarding us is routinely posted on and accessible at http://investor.accenture.com. We do not intend for information contained in our website to be part of this Annual Report on Form 10-K.

Any materials we file with the SEC may be read and copied at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC, 20549. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site (http://www.sec.gov) that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC.

In this Annual Report on Form 10-K, we use the terms “Accenture,” “we,” the “Company,” “our” and “us” to refer to Accenture plc and its subsidiaries. All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31.

ITEM 1.    BUSINESS

Overview

Accenture is one of the world’s leading professional services companies with approximately 459,000 people serving clients in a broad range of industries and in three geographic regions: North America, Europe and Growth Markets (Asia Pacific, Latin America, Africa and the Middle East). Our five operating groups, organized by industry, bring together expertise from across the organization in strategy, consulting, digital, technology including application services, and operations to deliver end-to-end services and solutions to clients. Digital-, cloud- and security-related services, which we refer to as “the New,” are increasingly important components of the services we provide. For fiscal 2018, our revenues before reimbursements (“net revenues”) were $39.6 billion.

We operate globally with one common brand and business model, providing clients around the world with the same high level of service. Drawing on a combination of industry and functional expertise, technology and innovation capabilities, alliance relationships, and our global delivery resources, we seek to provide differentiated, innovative services that help our clients measurably improve their business performance and create sustainable value for their customers and stakeholders. Our global delivery capability enables us to assemble integrated teams to provide high-quality, cost-effective solutions to our clients.

In fiscal 2018, we continued to implement a strategy focused on industry and technology differentiation, increasingly taking an innovation-led approach to drive value for clients. We serve clients in locally relevant ways, leveraging our global organization as appropriate. As part of our growth strategy in fiscal 2018, we continued to make significant investments—in strategic acquisitions, in assets and offerings, in branding and thought leadership, and in attracting and developing talent—to further enhance our differentiation and competitiveness.

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Operating Groups

Our five operating groups are Accenture’s reporting segments and primary market channel, organized around 13 industry groups that serve clients globally in more than 40 industries. Our industry focus gives us an understanding of industry evolution, business issues and applicable technologies, enabling us to deliver innovative solutions tailored to each client or, as appropriate, more standardized capabilities to multiple clients. The operating groups assemble integrated client engagement teams, which typically consist of industry experts, capability specialists and professionals with local market knowledge. The operating groups have primary responsibility for building and sustaining long-term client relationships; providing management and technology consulting services; orchestrating our expertise and working synergistically with the other parts of our business to sell and deliver the full range of our services and capabilities; ensuring client satisfaction; and achieving revenue and profitability objectives.

The following table shows the current organization of our five operating groups. We do not allocate total assets by operating group, although our operating groups do manage and control certain assets. For certain historical financial information regarding our operating groups (including certain asset information), as well as financial information by geography (including long-lived asset information), see Note 16 (Segment Reporting) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Operating Groups and Industry Groups
Communications, Media & Technology	Financial Services	Health & Public Service	Products	Resources
•  Communications & Media  •  High Tech  •  Software & Platforms	•  Banking & Capital Markets  •  Insurance	•  Health  •  Public Service	•  Consumer Goods, Retail & Travel Services  •  Industrial  •  Life Sciences	•  Chemicals & Natural Resources  •  Energy  •  Utilities

Communications, Media & Technology

Our Communications, Media & Technology operating group serves communications, media, high tech, software and platform companies. Professionals in this operating group help clients accelerate and deliver digital transformation, developing comprehensive, industry-specific solutions to seize new opportunities and enhance efficiencies and business results. Examples of our services include helping clients capture new growth by shifting to data-driven and platform-based models, optimizing their cost structures, increasing product and business model innovation, and differentiating and scaling digital experiences for their customers. Our Communications, Media & Technology operating group comprises the following industry groups:

• Our Communications & Mediaindustry group serves most of the world’s leading wireline, wireless, broadcast, entertainment, print, publishing, cable and satellite communications service providers. This group represented approximately 51% of our Communications, Media & Technology operating group’s net revenues in fiscal 2018.

• Our High Tech industry group serves the enterprise technology, network equipment, semiconductor, consumer technology, aerospace & defense, and medical equipment industries. This group represented approximately 25% of our Communications, Media & Technology operating group’s net revenues in fiscal 2018.

• Our Software & Platforms industry group serves computer software and digital platform companies. This group represented approximately 24% of our Communications, Media & Technology operating group’s net revenues in fiscal 2018.

Financial Services

Our Financial Services operating group serves the banking, capital markets and insurance industries. Professionals in this operating group work with clients to address growth, cost and profitability pressures, industry consolidation, regulatory changes and the need to continually adapt to new digital technologies. We offer services designed to help our clients increase cost efficiency, grow their customer base, manage risk and transform their operations. Our Financial Services operating group comprises the following industry groups:

• Our Banking & Capital Markets industry group serves retail and commercial banks, mortgage lenders, payment providers, investment banks, wealth and asset management firms, broker/dealers, depositories, exchanges, clearing and settlement organizations, and other diversified financial enterprises. This group represented approximately 72% of our Financial Services operating group’s net revenues in fiscal 2018.

• Our Insurance industry group serves property and casualty insurers, life insurers, reinsurance firms and insurance brokers. This group represented approximately 28% of our Financial Services operating group’s net revenues in fiscal 2018.

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Health & Public Service

Our Health & Public Service operating group serves healthcare payers and providers, as well as government departments and agencies, public service organizations, educational institutions and non-profit organizations around the world. The group’s research-based insights and offerings, including consulting services and digital solutions, are designed to help clients deliver better social, economic and health outcomes to the people they serve. Our Health & Public Service operating group comprises the following industry groups:

• Our Health industry group works with healthcare providers, such as hospitals, public health systems, policy-making authorities, health insurers (payers), and industry organizations and associations around the world to improve the quality, accessibility and productivity of healthcare. This group represented approximately 38% of our Health & Public Service operating group’s net revenues in fiscal 2018.

• Our Public Service industry group helps governments transform the way they deliver public services and engage with citizens. We work primarily with defense departments and military forces; public safety authorities, such as police forces and border management agencies; justice departments; human services agencies; educational institutions, such as universities; non-profit organizations; and postal, customs, revenue and tax agencies. Our Public Service industry group represented approximately 62% of our Health & Public Service operating group’s net revenues in fiscal 2018.

Our work with clients in the U.S. federal government is delivered through Accenture Federal Services, a U.S. company and a wholly owned subsidiary of Accenture LLP, and represented approximately 34% of our Health & Public Service operating group’s net revenues in fiscal 2018.

Products

Our Products operating group serves a set of increasingly interconnected consumer-relevant industries. Our offerings are designed to help clients transform their organizations and increase their relevance in the digital world. We help clients enhance their performance in distribution and sales and marketing; in research and development and manufacturing; and in business functions such as finance, human resources, procurement and supply chain while leveraging technology. Our Products operating group comprises the following industry groups:

• Our Consumer Goods, Retail & Travel Services industry group serves food and beverage, household goods, personal care, tobacco, fashion/apparel, agribusiness and consumer health companies; supermarkets, hardline retailers, mass-merchandise discounters, department stores and specialty retailers; as well as airlines and hospitality and travel services companies. This group represented approximately 55% of our Products operating group’s net revenues in fiscal 2018.

• Our Industrial industry group works with automotive manufacturers and suppliers; freight and logistics companies; industrial and electrical equipment, consumer durable and heavy equipment companies; and construction and infrastructure management companies. This group represented approximately 26% of our Products operating group’s net revenues in fiscal 2018.

• Our Life Sciences industry group serves pharmaceutical, medical technology and biotechnology companies. This group represented approximately 19% of our Products operating group’s net revenues in fiscal 2018.

Resources

Our Resources operating group serves the chemicals, energy, forest products, metals and mining, utilities and related industries. We work with clients to develop and execute innovative strategies, improve operations, manage complex change initiatives and integrate digital technologies designed to help them differentiate themselves in the marketplace, gain competitive advantage and manage their large-scale capital investments. Our Resources operating group comprises the following industry groups:

• Our Chemicals & Natural Resources industry group works with a wide range of industry segments, including petrochemicals, specialty chemicals, polymers and plastics, gases and agricultural chemicals, among others, as well as the metals, mining, forest products and building materials industries. This group represented approximately 30% of our Resources operating group’s net revenues in fiscal 2018.

• Our Energyindustry group serves a wide range of companies in the oil and gas industry, including upstream, downstream, oilfield services and new energy companies. This group represented approximately 27% of our Resources operating group’s net revenues in fiscal 2018.

• Our Utilities industry group works with electric, gas and water utilities around the world. This group represented approximately 43% of our Resources operating group’s net revenues in fiscal 2018.

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Services and Solutions

Our operating groups bring together expertise from Accenture Strategy, Accenture Consulting, Accenture Digital, Accenture Technology and Accenture Operations to develop and deliver integrated services and solutions for our clients.

Accenture Strategy

Accenture Strategy helps clients achieve specific business outcomes and enhance shareholder value by defining and executing industry-specific strategies enabled by technology. We bring together our design-led, data-driven strategy capabilities at the intersection of business and technology to help senior management teams shape and execute their enterprise-wide transformation objectives, focusing on issues related to digital disruption, competitive agility, new business models and the future workforce. We provide a range of strategy services focused on areas such as digital technologies; enterprise architecture and applications; CFO and enterprise value; IT; security; mergers and acquisitions; operations; advanced customer services; sustainability; and talent and organization.

Accenture Consulting

Accenture Consulting provides industry experts with the insights and management and technology consulting capabilities to transform the world’s leading companies. Our consulting capabilities enable our clients to design and implement transformational change programs, either for one or more functions or business units, or across their entire organization. We provide industry-specific consulting services, as well as functional and technology consulting services. Our functional and technology consulting services include finance and enterprise performance; supply chain and operations; talent and organization; customers and channels; applications and architecture advisory; and technology advisory. We help our clients with the digital transformation of industries, enhancing our consulting services with digital, cloud, cybersecurity, artificial intelligence, blockchain and other capabilities.

Accenture Digital

Accenture Digital brings together our global digital capabilities to help clients unlock value and transform their businesses. We provide digital services across three broad areas:

• Accenture Interactive. Our end-to-end marketing solutions help clients deliver seamless multi-channel customer experiences and enhance their marketing performance. Our services span customer experience design, digital marketing, personalization and commerce, as well as digital content production and operations.

• Accenture Applied Intelligence. We embed analytics, automation and artificial intelligence into functions and processes at the core of our clients’ businesses to realize new cost efficiencies and create new value from process, product and business transformation.

• Accenture Industry X.0. We help clients digitally reinvent manufacturing and production to create smart, connected products and services using advanced technologies—including the Internet of Things, connected devices and digital platforms—to unlock new revenue streams and create new efficiencies.

Accenture Technology

Accenture Technology comprises two primary areas: technology services and technology innovation & ecosystem.

• Technology Services. Technology Services includes our application services spanning systems integration and application outsourcing and covering the full application lifecycle, from custom systems to all emerging technologies, across every leading technology platform (both traditional and cloud/software-as-a-service-based). It also encompasses our portfolio of products and intelligent platforms and services, as well as our Advanced Technology Centers. We continuously innovate new services, capabilities and platforms through early adoption of technologies such as artificial intelligence, machine learning and intelligent automation to enhance productivity and create new growth opportunities.

• Technology Innovation & Ecosystem. We harness innovation through the research and development activities in the Accenture Labs and through emerging technologies. We also develop and manage our alliance relationships across a broad range of technology providers, including Amazon Web Services, Apple, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, Workday and many others, to enhance the value that we and our clients realize from the technology ecosystem.

Accenture Operations

Accenture Operations provides business process services, infrastructure services, security services and cloud services. We operate infrastructure and business processes on behalf of clients, increasingly powered by data, artificial

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intelligence, analytics and digital technologies, on an as-a-service basis, to help improve their productivity, experience and performance.

• Business Process Services. We offer services for specific business functions, such as finance and accounting, procurement and supply chain, marketing and sales, and human resources, as well as industry-specific services, such as credit and health services. We provide these services on a global basis and across industry sectors through our global delivery capability.

• Infrastructure and Cloud Services. We provide design, implementation, migration and managed services for security and infrastructure to help organizations take advantage of innovative technologies and improve the efficiency and effectiveness of their existing technology. Our solutions help clients transform and optimize their IT infrastructures—whether on-premise, in the cloud, or a hybrid of the two.

Global Delivery Capability

A key differentiator is our global delivery capability, which allows us to draw on the benefits of using people and other resources from around the world—including scalable innovation; standardized processes, methods and tools; automation and artificial intelligence; industry expertise and specialized capabilities; cost advantages; foreign language fluency; proximity to clients; and time zone advantages—to deliver high-quality solutions. Emphasizing quality, productivity, reduced risk, speed to market and predictability, our global delivery model supports all parts of our business to provide clients with price-competitive services and solutions.

Alliances

We have sales and delivery alliances with companies whose capabilities complement our own by, among other things, enhancing a service offering, delivering a new technology or helping us extend our services to new geographies. By combining our alliance partners’ products and services with our own capabilities and expertise, we create innovative, high-value business solutions for our clients. Most of our alliances are non-exclusive. These alliances can generate significant revenues from services we provide to implement our alliance partners’ products as well as revenue from the resale of their products.

Research and Innovation

We are committed to developing leading-edge ideas. Research and innovation, which are components of our overall investment in our business, have been major factors in our success, and we believe they will help us continue to grow in the future. We use our investment in research and development—on which we spent $791 million, $704 million and $643 million in fiscal 2018, 2017 and 2016, respectively—to help create, commercialize and disseminate innovative business strategies and technology solutions. We spend a significant portion of our research and development investment to develop market-ready solutions for our clients.

We view innovation as a source of competitive advantage. We seek to generate early insights into how knowledge can be harnessed to create innovative business solutions for our clients and to develop business strategies with significant value. Our innovation architecture brings together our innovation capabilities across the Company—from research, ventures and labs to our studios, innovation centers and delivery centers. This includes research and thought leadership to identify market, technology and industry trends. Through Accenture Ventures, we partner with and invest in growth-stage companies that create innovative enterprise technologies. Accenture Labs incubate and prototype new concepts through applied research and development projects. In addition, our studios, innovation centers and delivery centers build and scale the delivery of our innovations.

People

As a talent- and innovation-led organization, one of our key goals is to have the best people, with highly specialized skills, across our entire business to drive our differentiation and competitiveness. We are deeply committed to the development of our people, and provide continuous learning opportunities that are customized for the individual in an on-demand, digital environment. We provide our people ongoing feedback, and they are rewarded based on individual and Company performance. Our culture is underpinned by our core values, Code of Business Ethics and strong commitment to inclusion and diversity.

As of August 31, 2018, we employed approximately 459,000 people and had offices and operations in more than 200 cities in 52 countries.

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Competition

We operate in a highly competitive and rapidly changing global marketplace and compete with a variety of organizations that offer services and solutions competitive with those we offer. Our competitors include:

• large multinational providers, including the services arms of large global technology providers (hardware, equipment and software), that offer some or all of the services and solutions that we do;

• off-shore service providers in lower-cost locations, particularly in India, that offer services globally that are similar to the services and solutions we offer;

• accounting firms that provide consulting and other services and solutions in areas that compete with us;

• solution or service providers that compete with us in a specific geographic market, industry segment or service area, including digital and advertising agencies and emerging start-ups and other companies that can scale rapidly to focus on or disrupt certain markets and provide new or alternative products, services or delivery models; and

• in-house departments of large corporations that use their own resources, rather than engage an outside firm for the types of services and solutions we provide.

Our revenues are derived primarily from Fortune Global 500 and Fortune 1000 companies, medium-sized companies, governments, government agencies and other enterprises. We believe that the principal competitive factors in the industries in which we compete include:

• skills and capabilities of people;

• technical and industry expertise;

• innovative service and product offerings;

• ability to add business value and improve performance;

• reputation and client references;

• contractual terms, including competitive pricing;

• ability to deliver results reliably and on a timely basis;

• scope of services;

• service delivery approach;

• quality of services and solutions;

• availability of appropriate resources; and

• global reach and scale, including level of presence in key emerging markets.

Our clients typically retain us on a non-exclusive basis.

Intellectual Property

We provide value to our clients based in part on a differentiated range of proprietary inventions, methodologies, software, reusable knowledge capital and other intellectual property. We recognize the increasing value of intellectual property in the marketplace and create, harvest, and protect this intellectual property. We leverage patent, trade secret and copyright laws as well as contractual arrangements to protect our intellectual property. We have also established policies to respect the intellectual property rights of third parties, such as our clients, partners and others.

As of August 31, 2018, we had a portfolio of over 4,200 patents and over 2,500 patent applications pending worldwide.

To protect the Accenture brand, one of our most valuable assets, we rely on intellectual property laws and trademark registrations held around the world.

Trademarks appearing in this report are the trademarks or registered trademarks of Accenture Global Services Ltd., Accenture Global Solutions Ltd., or third parties, as applicable.

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Organizational Structure and History

Accenture plc is an Irish public limited company. We operate our business through subsidiaries of Accenture plc.

Prior to our transition to a corporate structure in fiscal 2001, we operated as a series of related partnerships and corporations under the control of our partners. In connection with our transition to a corporate structure, our partners generally exchanged all of their interests in these partnerships and corporations for Accenture Ltd Class A common shares or, in the case of partners in certain countries, Class I common shares of Accenture SCA, a Luxembourg partnership limited by shares and direct subsidiary of Accenture Ltd (“Accenture SCA”), or exchangeable shares issued by Accenture Canada Holdings Inc., an indirect subsidiary of Accenture SCA. Generally, partners who received Accenture SCA Class I common shares or Accenture Canada Holdings Inc. exchangeable shares also received a corresponding number of Accenture Ltd Class X common shares, which entitled their holders to vote at Accenture Ltd shareholder meetings but did not carry any economic rights. The combination of the Accenture Ltd Class X common shares and the Accenture SCA Class I common shares or Accenture Canada Holdings Inc. exchangeable shares gave these partners substantially similar economic and governance rights as holders of Accenture Ltd Class A common shares.

On June 10, 2009, Accenture plc was incorporated in Ireland, as a public limited company, in order to effect moving the place of incorporation of our parent holding company from Bermuda to Ireland. This transaction was completed on September 1, 2009, at which time Accenture Ltd, our predecessor holding company, became a wholly owned subsidiary of Accenture plc and Accenture plc became our parent holding company. Accenture Ltd was dissolved on December 29, 2009.

On April 10, 2015, Accenture Holdings plc, then Accenture plc’s subsidiary, was incorporated in Ireland, as a public limited company, in order to further consolidate Accenture’s presence in Ireland. On August 26, 2015, Accenture SCA merged with and into Accenture Holdings plc, with Accenture Holdings plc as the surviving entity. This merger was a transaction between entities under common control and had no effect on our Consolidated Financial Statements. On March 13, 2018, Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. In connection with this internal merger, shareholders of Accenture Holdings plc (other than Accenture entities that held shares of Accenture Holdings plc), who primarily consisted of current and former members of Accenture Leadership and their permitted transferees, received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, and Accenture plc redeemed all Class X ordinary shares of Accenture plc owned by such shareholders.

All references to Accenture Holdings plc included in this report with respect to periods prior to August 26, 2015 reflect the activity and/or balances of Accenture SCA (the predecessor of Accenture Holdings plc). The Consolidated Financial Statements reflect the ownership interests in Accenture Holdings plc (for applicable periods) and Accenture Canada Holdings Inc. held by certain current and former members of Accenture Leadership as noncontrolling interests. “Accenture Leadership” is comprised of members of our global management committee (our primary management and leadership team, which consists of approximately 20 of our most senior leaders), senior managing directors and managing directors. The noncontrolling ownership interests percentage was less than 1% as of August 31, 2018.

Accenture plc Class A and Class X Ordinary Shares

Each Class A ordinary share and each Class X ordinary share of Accenture plc entitles its holder to one vote on all matters submitted to a vote of shareholders of Accenture plc. A Class X ordinary share does not, however, entitle its holder to receive dividends or to receive payments upon a liquidation of Accenture plc. As described above under “—Organizational Structure and History,” Class X ordinary shares generally provide the holders of Accenture Canada Holdings Inc. exchangeable shares with a vote at Accenture plc shareholder meetings that is equivalent to the voting rights held by Accenture plc Class A ordinary shareholders, while their economic rights consist of interests in Accenture Canada Holdings Inc. exchangeable shares.

Under its memorandum and articles of association, Accenture plc may redeem, at its option, any Class X ordinary share for a redemption price equal to the nominal value of the Class X ordinary share, or $0.0000225 per share. Accenture plc, as successor to Accenture Ltd, has separately agreed with the original holders of Accenture Canada Holdings Inc. exchangeable shares not to redeem any Class X ordinary share of such holder if the redemption would reduce the number of Class X ordinary shares held by that holder to a number that is less than the number of Accenture Canada Holdings Inc. exchangeable shares owned by that holder. Accenture plc will redeem Class X ordinary shares upon the redemption or exchange of Accenture Canada Holdings Inc. exchangeable shares so that the aggregate number of Class X ordinary shares outstanding at any time does not exceed the aggregate number of Accenture Canada Holdings Inc. exchangeable shares outstanding. Class X ordinary shares are not transferable without the consent of Accenture plc.

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A transfer of Accenture plc Class A ordinary shares effected by transfer of a book-entry interest in The Depository Trust Company will not be subject to Irish stamp duty. Other transfers of Accenture plc Class A ordinary shares may be subject to Irish stamp duty (currently at the rate of 1% of the price paid or the market value of the Class A ordinary shares acquired, if higher) payable by the buyer.

Accenture Canada Holdings Inc. Exchangeable Shares

Holders of Accenture Canada Holdings Inc. exchangeable shares may exchange their shares for Accenture plc Class A ordinary shares at any time on a one-for-one basis. Accenture may, at its option, satisfy this exchange with cash at a price per share generally equal to the market price of an Accenture plc Class A ordinary share at the time of the exchange. Each exchangeable share of Accenture Canada Holdings Inc. entitles its holder to receive distributions equal to any distributions to which an Accenture plc Class A ordinary share entitles its holder. The exchange of all of the outstanding Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares would not have a material impact on the equity ownership position of Accenture.

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ITEM 1A.    RISK FACTORS

In addition to the other information set forth in this report, you should carefully consider the following factors which could materially adversely affect our business, financial condition, results of operations (including revenues and profitability) and/or stock price. Our business is also subject to general risks and uncertainties that may broadly affect companies, including us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also could materially adversely affect our business, financial condition, results of operations and/or stock price.

Our results of operations could be adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on our clients’ businesses and levels of business activity.

Global macroeconomic and geopolitical conditions affect our clients’ businesses and the markets they serve. Volatile, negative or uncertain economic and political conditions in our significant markets have undermined and could in the future undermine business confidence in our significant markets or in other markets, which are increasingly interdependent, and cause our clients to reduce or defer their spending on new initiatives and technologies, or may result in clients reducing, delaying or eliminating spending under existing contracts with us, which would negatively affect our business. Growth in the markets we serve could be at a slow rate, or could stagnate or contract, in each case, for an extended period of time. Differing economic conditions and patterns of economic growth and contraction in the geographical regions in which we operate and the industries we serve have affected and may in the future affect demand for our services and solutions. Because we operate globally and have significant businesses in many markets, an economic slowdown in any of those markets could adversely affect our results of operations.

Ongoing economic and political volatility and uncertainty and changing demand patterns affect our business in a number of other ways, including making it more difficult to accurately forecast client demand and effectively build our revenue and resource plans, particularly in consulting. Economic and political volatility and uncertainty is particularly challenging because it may take some time for the effects and changes in demand patterns resulting from these and other factors to manifest themselves in our business and results of operations. Changing demand patterns from economic and political volatility and uncertainty, including as a result of the United Kingdom referendum in favor of exiting the European Union, the potential for changes in global trade policies and trends such as populism and economic nationalism, could have a significant negative impact on our results of operations.

Our business depends on generating and maintaining ongoing, profitable client demand for our services and solutions, including through the adaptation and expansion of our services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect our results of operations.

Our revenue and profitability depend on the demand for our services and solutions with favorable margins, which could be negatively affected by numerous factors, many of which are beyond our control and unrelated to our work product. As described above, volatile, negative or uncertain global economic and political conditions and lower growth in the markets we serve have adversely affected and could in the future adversely affect client demand for our services and solutions. Our success depends, in part, on our ability to continue to develop and implement services and solutions that anticipate and respond to rapid and continuing changes in technology and offerings to serve the evolving needs of our clients. Examples of areas of significant change include digital-, cloud- and security-related offerings, which are continually evolving, as well as developments in areas such as artificial intelligence, augmented reality, automation, blockchain, Internet of Things, quantum computing and as-a-service solutions. Technological developments may materially affect the cost and use of technology by our clients and, in the case of as-a-service solutions, could affect the nature of how we generate revenue. Some of these technologies have reduced and replaced some of our historical services and solutions and may continue to do so in the future. This has caused, and may in the future cause, clients to delay spending under existing contracts and engagements and to delay entering into new contracts while they evaluate new technologies. Such delays can negatively impact our results of operations if the pace and level of spending on new technologies is not sufficient to make up any shortfall.

Developments in the industries we serve, which may be rapid, also could shift demand to new services and solutions. If, as a result of new technologies or changes in the industries we serve, our clients demand new services and solutions, we may be less competitive in these new areas or need to make significant investment to meet that demand. Our growth strategy focuses on responding to these types of developments by driving innovation that will enable us to expand our business into new growth areas. If we do not sufficiently invest in new technology and adapt to industry developments, or evolve and expand our business at sufficient speed and scale, or if we do not make the right strategic investments to respond to these developments and successfully drive innovation, our services and

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solutions, our results of operations, and our ability to develop and maintain a competitive advantage and to execute on our growth strategy could be negatively affected.

We operate in a rapidly evolving environment in which there currently are, and we expect will continue to be, new technology entrants. New services or technologies offered by competitors or new entrants may make our offerings less differentiated or less competitive when compared to other alternatives, which may adversely affect our results of operations. In addition, companies in the industries we serve sometimes seek to achieve economies of scale and other synergies by combining with or acquiring other companies. If one of our current clients merges or consolidates with a company that relies on another provider for the services and solutions we offer, we may lose work from that client or lose the opportunity to gain additional work if we are not successful in generating new opportunities from the merger or consolidation. At any given time in a particular operating group, business, industry or geography, one or a small number of clients could contribute a significant portion of our consolidated revenues, and any decision by such a client to delay, reduce, or eliminate spending on our services and solutions could have a disproportionate impact on the results of operations in the relevant operating group, business, industry and/or geography.

Many of our consulting contracts are less than 12 months in duration, and these contracts typically permit a client to terminate the agreement with as little as 30 days’ notice. Longer-term, larger and more complex contracts, such as the majority of our outsourcing contracts, generally require a longer notice period for termination and often include an early termination charge to be paid to us, but this charge might not be sufficient to cover our costs or make up for anticipated ongoing revenues and profits lost upon termination of the contract. Many of our contracts allow clients to terminate, delay, reduce or eliminate spending on the services and solutions we provide. Additionally, a client could choose not to retain us for additional stages of a project, try to renegotiate the terms of its contract or cancel or delay additional planned work. When contracts are terminated or not renewed, we lose the anticipated revenues, and it may take significant time to replace the level of revenues lost. Consequently, our results of operations in subsequent periods could be materially lower than expected. The specific business or financial condition of a client, changes in management and changes in a client’s strategy are also all factors that can result in terminations, cancellations or delays.

If we are unable to keep our supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, our business, the utilization rate of our professionals and our results of operations may be materially adversely affected.

Our success is dependent, in large part, on our ability to keep our supply of market-leading skills and capabilities in balance with client demand around the world and our ability to attract and retain personnel with the knowledge and skills to lead our business globally. We must hire or reskill, retain and motivate appropriate numbers of talented people with diverse skills in order to serve clients across the globe, respond quickly to rapid and ongoing changes in technology, industry and the macroeconomic environment, and constantly innovate to grow our business. For example, if we are unable to hire or retrain our employees to keep pace with the rapid and continuous changes in technology and the industries we serve or changes in the types of services and solutions clients are demanding, we may not be able to innovate and deliver new services and solutions to fulfill client demand. There is intense competition for scarce talent with market-leading skills and capabilities in new technologies, and our competitors have directly targeted our employees with these highly sought-after skills and may continue to do so. As a result, we may be unable to cost-effectively hire and retain employees with these market-leading skills, which may cause us to incur increased costs. As technology evolves and we expand our services and solutions, we must also hire and retain an increasing number of professionals with unique and highly specialized skills.

We are particularly dependent on retaining members of Accenture Leadership with critical capabilities. If we are unable to do so, our ability to innovate, generate new business opportunities and effectively lead large and complex transformations and client relationships could be jeopardized. We depend on identifying, developing and retaining top talent to innovate and lead our businesses. This includes developing talent and leadership capabilities in emerging markets, where the depth of skilled employees may be limited, and competition for these resources is intense. Our ability to expand geographically depends, in large part, on our ability to attract, develop, retain and integrate both leaders for the local business and people with critical capabilities.

Similarly, our profitability depends on our ability to effectively source and staff people with the right mix of skills and experience to perform services for our clients, including our ability to transition employees to new assignments on a timely basis. If we are unable to effectively deploy our employees globally on a timely basis to fulfill the needs of our clients, our profitability could suffer. If the utilization rate of our professionals is too high, it could have an adverse effect on employee engagement and attrition, the quality of the work performed as well as our ability to staff projects. If our utilization rate is too low, our profitability and the engagement of our employees could suffer. The costs associated with recruiting and training employees are significant. An important element of our global business model is the deployment of our employees around the world, which allows us to move talent as needed. Therefore, if we are not

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able to deploy the talent we need because of increased regulation of immigration or work visas, including limitations placed on the number of visas granted, limitations on the type of work performed or location in which the work can be performed, and new or higher minimum salary requirements, it could be more difficult to staff our employees on client engagements and could increase our costs.

Our equity-based incentive compensation plans are designed to reward high-performing individuals for their contributions and provide incentives for them to remain with us. If the anticipated value of such incentives does not materialize because of volatility or lack of positive performance in our stock price, or if our total compensation package is not viewed as being competitive, our ability to attract and retain the personnel we need could be adversely affected. In addition, if we do not obtain the shareholder approval needed to continue granting equity awards under our share plans in the amounts we believe are necessary, our ability to attract and retain personnel could be negatively affected.

There is a risk that at certain points in time, and in certain geographical regions, we will find it difficult to hire and retain a sufficient number of employees with the skills or backgrounds to meet current and/or future demand. In these cases, we might need to redeploy existing personnel or increase our reliance on subcontractors to fill certain labor needs, and if not done effectively, our profitability could be negatively impacted. Additionally, if demand for our services and solutions were to escalate at a high rate, we may need to adjust our compensation practices, which could put upward pressure on our costs and adversely affect our profitability if we are unable to recover these increased costs. At certain times, however, we may also have more personnel than we need in certain skill sets or geographies or at compensation levels that are not aligned with skill sets. In these situations, we have engaged, and may in the future engage, in actions to rebalance our resources, including reducing the rate of new hires and increasing involuntary terminations as a means to keep our supply of skills and resources in balance with client demand. If we are not successful in these initiatives, our results of operations could be adversely affected.

We could face legal, reputational and financial risks if we fail to protect client and/or Accenture data from security breaches or cyberattacks.

We are dependent on information technology networks and systems to securely process, transmit and store electronic information and to communicate among our locations around the world and with our people, clients, alliance partners and vendors. As the breadth and complexity of this infrastructure continues to grow, including as a result of the use of mobile technologies, social media and cloud-based services, the risk of security breaches and cyberattacks increases. Such breaches could lead to shutdowns or disruptions of or damage to our systems and those of our clients, alliance partners and vendors, and unauthorized disclosure of sensitive or confidential information, including personal data. In the past, we have experienced data security breaches resulting from unauthorized access to our and our service providers’ systems, which to date have not had a material impact on our operations; however, there is no assurance that such impacts will not be material in the future.

In providing services and solutions to clients, we often manage, utilize and store sensitive or confidential client or Accenture data, including personal data, and we expect these activities to increase, including through the use of artificial intelligence, the internet of things and analytics. Unauthorized disclosure of sensitive or confidential client or Accenture data, whether through systems failure, employee negligence, fraud, misappropriation, or other intentional or unintentional acts, could damage our reputation, cause us to lose clients and could result in significant financial exposure. Similarly, unauthorized access to or through our or our service providers’ information systems or those we develop for our clients, whether by our employees or third parties, including a cyberattack by computer programmers, hackers, members of organized crime and/or state-sponsored organizations, who continuously develop and deploy viruses, ransomware or other malicious software programs or social engineering attacks, could result in negative publicity, significant remediation costs, legal liability, damage to our reputation and government sanctions and could have a material adverse effect on our results of operations. Cybersecurity threats are constantly expanding and evolving, thereby increasing the difficulty of detecting and defending against them and maintaining effective security measures and protocols.

We are subject to numerous laws and regulations designed to protect this information, such as the European Union’s General Data Protection Regulation (“GDPR”), which became effective in May 2018, various U.S. federal and state laws governing the protection of health or other personally identifiable information and data privacy and cybersecurity laws in other regions. These laws and regulations are increasing in complexity and number, change frequently and increasingly conflict among the various countries in which we operate, which has resulted in greater compliance risk and cost for us. The GDPR imposes new compliance obligations regarding the handling of personal data and has significantly increased financial penalties for noncompliance. For example, failure to comply with the GDPR may lead to regulatory enforcement actions, which can result in monetary penalties of up to 4% of worldwide revenue, orders to discontinue certain data processing operations, private lawsuits, or reputational damage. If any person, including any of our employees, negligently disregards or intentionally breaches our established controls with respect to client or Accenture data, or otherwise mismanages or misappropriates that data, we could be subject to

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significant litigation, monetary damages, regulatory enforcement actions, fines and/or criminal prosecution in one or more jurisdictions. These monetary damages might not be subject to a contractual limit of liability or an exclusion of consequential or indirect damages and could be significant. In addition, our liability insurance, which includes cyber insurance, might not be sufficient in type or amount to cover us against claims related to security breaches, cyberattacks and other related breaches.

The markets in which we operate are highly competitive, and we might not be able to compete effectively.

The markets in which we offer our services and solutions are highly competitive. Our competitors include:

• large multinational providers, including the services arms of large global technology providers (hardware, equipment and software), that offer some or all of the services and solutions that we do;

• off-shore service providers in lower-cost locations, particularly in India, that offer services globally that are similar to the services and solutions we offer;

• accounting firms that provide consulting and other services and solutions in areas that compete with us;

• solution or service providers that compete with us in a specific geographic market, industry segment or service area, including digital and advertising agencies and emerging start-ups and other companies that can scale rapidly to focus on or disrupt certain markets and provide new or alternative products, services or delivery models; and

• in-house departments of large corporations that use their own resources, rather than engage an outside firm for the types of services and solutions we provide.

Some competitors may have greater financial, marketing or other resources than we do and, therefore, may be better able to compete for new work and skilled professionals, may be able to innovate and provide new services and solutions faster than we can or may be able to anticipate the need for services and solutions before we do.

Even if we have potential offerings that address marketplace or client needs, competitors may be more successful at selling similar services they offer, including to companies that are our clients. Some competitors are more established in certain markets, and that may make executing our geographic expansion strategy in these markets more challenging. Additionally, competitors may also offer more aggressive contractual terms, which may affect our ability to win work. Our future performance is largely dependent on our ability to compete successfully in the markets we currently serve, while expanding into additional markets. If we are unable to compete successfully, we could lose market share and clients to competitors, which could materially adversely affect our results of operations.

In addition, we may face greater competition due to consolidation of companies in the technology sector through strategic mergers or acquisitions. Consolidation activity may result in new competitors with greater scale, a broader footprint or offerings that are more attractive than ours. Over time, our access to certain technology products and services may be reduced as a result of this consolidation. Additionally, vertically integrated companies are able to offer as a single provider more integrated services (software and hardware) to clients than we can in some cases and therefore may represent a more attractive alternative to clients. If buyers of services favor using a single provider for an integrated technology stack, such buyers may direct more business to such competitors, and this could materially adversely affect our competitive position and our results of operations.

Changes in our level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on our effective tax rate, results of operations, cash flows and financial condition.

We are subject to taxes in numerous jurisdictions. We calculate and provide for taxes in each tax jurisdiction in which we operate. Tax accounting often involves complex matters and requires our judgment to determine our worldwide provision for income taxes and other tax liabilities. We are subject to ongoing audits, investigations and tax proceedings in various jurisdictions. Tax authorities have disagreed, and may in the future disagree, with our judgments, and are taking increasingly aggressive positions opposing the judgments we make, including with respect to our intercompany transactions. We regularly assess the likely outcomes of our audits, investigations and tax proceedings to determine the appropriateness of our tax liabilities. However, our judgments might not be sustained as a result of these audits, investigations and tax proceedings, and the amounts ultimately paid could be materially different from the amounts previously recorded.

In addition, our effective tax rate in the future could be adversely affected by challenges to our intercompany transactions, changes in the valuation of deferred tax assets and liabilities and changes in tax laws or in their interpretation or enforcement, changes in the mix of earnings in countries with differing statutory tax rates, the expiration of current tax benefits and changes in accounting principles, including the U.S. generally accepted accounting principles. Tax rates in the jurisdictions in which we operate may change materially as a result of shifting economic conditions

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and tax policies. In addition, changes in tax laws, treaties or regulations, or their interpretation or enforcement, have become more unpredictable and may become more stringent, which could materially adversely affect our tax position.

A number of countries where we do business, including the United States and many countries in the European Union, have implemented, and are considering implementing, changes in relevant tax, accounting and other laws, regulations and interpretations. For example, in December 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Tax Act”), which significantly changed U.S. tax law. The Tax Act’s “base erosion and anti-abuse tax” provisions, or regulations issued thereunder, could adversely impact our ongoing effective tax rate by imposing taxes on our intercompany transactions and limiting our ability to deduct certain expenses.

The overall tax environment has made it increasingly challenging for multinational corporations to operate with certainty about taxation in many jurisdictions. For example, the European Commission has been conducting investigations, focusing on whether local country tax rulings or tax legislation provide preferential tax treatment that violates European Union state aid rules. Furthermore, the Organization for Economic Co-operation and Development (“OECD”), which represents a coalition of member countries, is supporting changes to numerous long-standing tax principles through its base erosion and profit shifting project, which is focused on a number of issues, including the shifting of profits among affiliated entities located in different tax jurisdictions. The changes recommended by the OECD have been or are being adopted by many of the countries in which we do business. In addition, the European Commission has expanded upon the OECD guidelines with anti-tax avoidance directives to be applied by its member states. Among other things, the directives require companies to provide increased country-by-country disclosure of their financial information to tax authorities, which in turn could lead to disagreements by jurisdictions over the proper allocation of profits between them. The increasingly complex global tax environment could have a material adverse effect on our effective tax rate, results of operations, cash flows and financial condition.

Although we expect to be able to rely on the tax treaty between the United States and Ireland, legislative or diplomatic action could be taken, or the treaty may be amended in such a way, that would prevent us from being able to rely on such treaty. Our inability to rely on the treaty would subject us to increased taxation or significant additional expense. In addition, congressional proposals could change the definition of a U.S. person for U.S. federal income tax purposes, which could also subject us to increased taxation. In addition, we could be materially adversely affected by future changes in tax law or policy (or in their interpretation or enforcement) in Ireland or other jurisdictions where we operate, including their treaties with Ireland or the United States. These changes could be exacerbated by economic, budget or other challenges facing Ireland or these other jurisdictions.

Our profitability could materially suffer if we are unable to obtain favorable pricing for our services and solutions, if we are unable to remain competitive, if our cost-management strategies are unsuccessful or if we experience delivery inefficiencies.

Our profitability is highly dependent on a variety of factors and could be materially impacted by any of the following:

Our results of operations could materially suffer if we are not able to obtain sufficient pricing to meet our profitability expectations. If we are not able to obtain favorable pricing for our services and solutions, our revenues and profitability could materially suffer. The rates we are able to charge for our services and solutions are affected by a number of factors, including:

• general economic and political conditions;

• our clients’ desire to reduce their costs;

• the competitive environment in our industry;

• our ability to accurately estimate our service delivery costs, upon which our pricing is sometimes determined, includes our ability to estimate the impact of inflation and foreign exchange on our service delivery costs over long-term contracts; and

• the procurement practices of clients and their use of third-party advisors.

Our profitability could suffer if we are not able to remain competitive. The competitive environment in our industry affects our ability to secure new contracts at our target economics in a number of ways, any of which could have a material negative impact on our results of operations. The less we are able to differentiate our services and solutions and/or clearly convey the value of our services and solutions, the more risk we have in winning new work in sufficient volumes and at our target pricing and overall economics. In addition, the introduction of new services or products by competitors could reduce our ability to obtain favorable pricing and impact our overall economics for the services or solutions we offer. Competitors may be willing, at times, to price contracts lower than us in an effort to enter the market or increase market share.

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Our profitability could suffer if our cost-management strategies are unsuccessful, and we may not be able to improve our profitability. Our ability to improve or maintain our profitability is dependent on our being able to successfully manage our costs, including taking actions to reduce certain costs. Our cost management strategies include maintaining appropriate alignment between the demand for our services and solutions and the workforce needed to deliver them. If we are not effective in managing our operating costs in response to changes in demand or pricing, or if we are unable tocost-effectively hire and retain personnel with the knowledge and skills necessary to deliver our services and solutions, particularly in areas of new technologies and offerings and in the right geographic locations, we may incur increased costs, which could reduce our ability to continue to invest in our business in an amount necessary to achieve our planned rates of growth and our desired levels of profitability.

If we do not accurately anticipate the cost, risk and complexity of performing our work or if third parties upon whom we rely do not meet their commitments, then our contracts could have delivery inefficiencies and be less profitable than expected or unprofitable. Our contract profitability is highly dependent on our forecasts regarding the effort and cost necessary to deliver our services and solutions, which are based on available data and could turn out to be materially inaccurate. If we do not accurately estimate the effort, costs or timing for meeting our contractual commitments and/or completing engagements to a client’s satisfaction, our contracts could yield lower profit margins than planned or be unprofitable. Similarly, if we experience unanticipated delivery difficulties due to our management, the failure of third parties to meet their commitments or for any other reason, our contracts could yield lower profit margins than planned or be unprofitable. In particular, large and complex arrangements often require that we utilize subcontractors or that our services and solutions incorporate or coordinate with the software, systems or infrastructure requirements of other vendors and service providers, including companies with which we have alliances. Our profitability depends on the ability of these subcontractors, vendors and service providers to deliver their products and services in a timely manner and in accordance with the project requirements, as well as on our effective oversight of their performance. In some cases, these subcontractors are small firms, and they might not have the resources or experience to successfully integrate their services or products with large-scale engagements or enterprises. Some of this work involves new technologies, which may not work as intended or may take more effort to implement than initially predicted. In addition, certain client work requires the use of unique and complex structures and alliances, some of which require us to assume responsibility for the performance of third parties whom we do not control. Any of these factors could adversely affect our ability to perform and subject us to additional liabilities, which could have a material adverse effect on our relationships with clients and on our results of operations.

Our results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates.

Although we report our results of operations in U.S. dollars, a majority of our net revenues is denominated in currencies other than the U.S. dollar. Unfavorable fluctuations in foreign currency exchange rates have had an adverse effect, and could in the future have a material adverse effect, on our results of operations.

Because our consolidated financial statements are presented in U.S. dollars, we must translate revenues, expenses and income, as well as assets and liabilities, into U.S. dollars at exchange rates in effect during or at the end of each reporting period. Therefore, changes in the value of the U.S. dollar against other currencies will affect our net revenues, operating income and the value of balance-sheet items, including intercompany payables and receivables, originally denominated in other currencies. These changes cause our growth in consolidated earnings stated in U.S. dollars to be higher or lower than our growth in local currency when compared against other periods. Our currency hedging programs, which are designed to partially offset the impact on consolidated earnings related to the changes in value of certain balance sheet items, might not be successful. Additionally, some transactions and balances may be denominated in currencies for which there is no available market to hedge.

As we continue to leverage our global delivery model, more of our expenses are incurred in currencies other than those in which we bill for the related services. An increase in the value of certain currencies, such as the Indian rupee or Philippine peso, against the currencies in which our revenue is recorded could increase costs for delivery of services at off-shore sites by increasing labor and other costs that are denominated in local currency. Our contractual provisions or cost management efforts might not be able to offset their impact, and our currency hedging activities, which are designed to partially offset this impact, might not be successful. This could result in a decrease in the profitability of our contracts that are utilizing delivery center resources. Conversely, a decrease in the value of certain currencies, such as the Indian rupee or Philippine peso, against the currencies in which our revenue is recorded could place us at a competitive disadvantage compared to service providers that benefit to a greater degree from such a decrease and can, as a result, deliver services at a lower cost. In addition, our currency hedging activities are themselves subject to risk. These include risks related to counterparty performance under hedging contracts, risks related to ineffective hedges and risks related to currency fluctuations. We also face risks that extreme economic conditions, political instability, or hostilities or disasters of the type described below could impact or perhaps eliminate the underlying

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exposures that we are hedging. Such an event could lead to losses being recognized on the currency hedges then in place that are not offset by anticipated changes in the underlying hedge exposure.

As a result of our geographically diverse operations and our growth strategy to continue geographic expansion, we are more susceptible to certain risks.

We have offices and operations in more than 200 cities in 52 countries around the world. One aspect of our growth strategy is to continue to expand in key markets around the world. Our growth strategy might not be successful. If we are unable to manage the risks of our global operations and geographic expansion strategy, including the concentration of our global delivery capability in India and the Philippines, international hostilities, terrorist activities, natural disasters and security breaches, failure to maintain compliance with our clients’ control requirements and multiple legal and regulatory systems, our results of operations and ability to grow could be materially adversely affected. In addition, emerging markets generally involve greater financial and operational risks, such as those described below, than our more mature markets. Negative or uncertain political climates in countries or geographies where we operate could also adversely affect us.

Our global delivery capability is concentrated in India and the Philippines, which may expose us to operational risks. Our business model is dependent on our global delivery capability, which includes Accenture personnel based at more than 50 delivery centers around the world. While these delivery centers are located throughout the world, we have based large portions of our delivery capability in India, where we have the largest number of people located in our delivery centers, and the Philippines, where we have the second largest number of people located. Concentrating our global delivery capability in these locations presents a number of operational risks, including those listed in the following paragraph, many of which are beyond our control. Our business continuity and disaster recovery plans may not be effective, particularly if catastrophic events occur. If any of these circumstances occurs, we have a greater risk that interruptions in communications with our clients and other Accenture locations and personnel, and any down-time in important processes we operate for clients, could result in a material adverse effect on our results of operations and our reputation in the marketplace.

International hostilities, terrorist activities, natural disasters, pandemics and infrastructure disruptions could prevent us from effectively serving our clients and thus adversely affect our results of operations. Acts of terrorist violence; political unrest; regional and international hostilities and international responses to these hostilities; natural disasters, volcanic eruptions, sea level rise, floods, droughts and the increasing frequency and severity of adverse weather conditions; health emergencies or pandemics or the threat of or perceived potential for these events; and other acts of god could have a negative impact on us. These events could adversely affect our clients’ levels of business activity and precipitate sudden and significant changes in regional and global economic conditions and cycles. These events also pose significant risks to our people and to physical facilities and operations around the world, whether the facilities are ours or those of our alliance partners, suppliers or clients. By disrupting communications and travel and increasing the difficulty of obtaining and retaining highly skilled and qualified personnel, these events could make it difficult or impossible for us to deliver our services and solutions to our clients. Extended disruptions of electricity, other public utilities or network services at our facilities, as well as physical infrastructure damage to, system failures at, cyberattacks on, or security breaches in, our facilities or systems, could also adversely affect our ability to conduct our business and serve our clients. We might be unable to protect our people, facilities and systems against all such occurrences. We generally do not have insurance for losses and interruptions caused by terrorist attacks, conflicts and wars. If these disruptions prevent us from effectively serving our clients, our results of operations could be adversely affected.

We could be subject to strict restrictions on the movement of cash and the exchange of foreign currencies. In some countries, we could be subject to strict restrictions on the movement of cash and the exchange of foreign currencies, which would limit our ability to use this cash across our global operations and expose us to more extreme currency fluctuations. This risk could increase as we continue our geographic expansion in key markets around the world, which include emerging markets that are more likely to impose these restrictions than more established markets.

Our global operations expose us to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm our business. We are subject to numerous, and sometimes conflicting, legal regimes on matters as diverse as anticorruption, import/export controls, content requirements, trade restrictions, tariffs, taxation, sanctions, immigration, internal and disclosure control obligations, securities regulation, anti-competition, anti-money-laundering, data privacy and protection, government compliance, wage-and-hour standards, and employment and labor relations. The global nature of our operations, including emerging markets where legal systems may be less developed or understood by us, and the diverse nature of our operations across a number of regulated industries, further increase the difficulty of compliance. Compliance with diverse legal requirements is costly, time-consuming and requires significant resources. Violations of one or more of these regulations in the conduct of our business could result in significant fines, enforcement actions or criminal sanctions against us and/or our employees,

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prohibitions on doing business and damage to our reputation. Violations of these regulations in connection with the performance of our obligations to our clients also could result in liability for significant monetary damages, fines, enforcement actions and/or criminal prosecution or sanctions, unfavorable publicity and other reputational damage and restrictions on our ability to effectively carry out our contractual obligations and thereby expose us to potential claims from our clients. Due to the varying degrees of development of the legal systems of the countries in which we operate, local laws may not be well developed or provide sufficiently clear guidance and may be insufficient to protect our rights.

In particular, in many parts of the world, including countries in which we operate and/or seek to expand, practices in the local business community might not conform to international business standards and could violate anticorruption laws, or regulations, including the U.S. Foreign Corrupt Practices Act and the UK Bribery Act 2010. Our employees, subcontractors, vendors, agents, alliance or joint venture partners, the companies we acquire and their employees, subcontractors, vendors and agents, and other third parties with which we associate, could take actions that violate policies or procedures designed to promote legal and regulatory compliance or applicable anticorruption laws or regulations. Violations of these laws or regulations by us, our employees or any of these third parties could subject us to criminal or civil enforcement actions (whether or not we participated or knew about the actions leading to the violations), including fines or penalties, disgorgement of profits and suspension or disqualification from work, including U.S. federal contracting, any of which could materially adversely affect our business, including our results of operations and our reputation.

Changes in laws and regulations could also mandate significant and costly changes to the way we implement our services and solutions or could impose additional taxes on our services and solutions. For example, changes in laws and regulations to limit using off-shore resources in connection with our work or to penalize companies that use off-shore resources, which have been proposed from time to time in various jurisdictions, could adversely affect our results of operations. Such changes may result in contracts being terminated or work being transferred on-shore, resulting in greater costs to us. In addition, these changes could have a negative impact on our ability to obtain future work from government clients.

Our business could be materially adversely affected if we incur legal liability.

We are subject to, and may become a party to, a variety of litigation or other claims and suits that arise from time to time in the ordinary course of our business. Our business is subject to the risk of litigation involving current and former employees, clients, alliance partners, subcontractors, suppliers, competitors, shareholders, government agencies or others through private actions, class actions, whistleblower claims, administrative proceedings, regulatory actions or other litigation. Regardless of the merits of the claims, the cost to defend current and future litigation may be significant, and such matters can be time-consuming and divert management’s attention and resources. The results of litigation and other legal proceedings are inherently uncertain, and adverse judgments or settlements in some or all of these legal disputes may result in materially adverse monetary damages, fines, penalties or injunctive relief against us. Any claims or litigation, even if fully indemnified or insured, could damage our reputation and make it more difficult to compete effectively or to obtain adequate insurance in the future.

For example, we could be subject to significant legal liability and litigation expense if we fail to meet our contractual obligations, contribute to internal control deficiencies of a client or otherwise breach obligations to third parties, including clients, alliance partners, employees and former employees, and other parties with whom we conduct business, or if our subcontractors breach or dispute the terms of our agreements with them and impede our ability to meet our obligations to our clients. We may enter into agreements with non-standard terms because we perceive an important economic opportunity or because our personnel did not adequately follow our contracting guidelines. In addition, the contracting practices of competitors, along with the demands of increasingly sophisticated clients, may cause contract terms and conditions that are unfavorable to us to become new standards in the marketplace. We may find ourselves committed to providing services or solutions that we are unable to deliver or whose delivery will reduce our profitability or cause us financial loss. If we cannot or do not meet our contractual obligations and if our potential liability is not adequately limited through the terms of our agreements, liability limitations are not enforced or a third party alleges fraud or other wrongdoing to prevent us from relying upon those contractual protections, we might face significant legal liability and litigation expense and our results of operations could be materially adversely affected. In addition, as we expand our services and solutions into new areas, such as taking over the operation of certain portions of our clients’ businesses, which increasingly include the operation of functions and systems that are critical to the core businesses of our clients, we may be exposed to additional operational, regulatory or other risks specific to these new areas, including risks related to data security. A failure of a client’s system based on our services or solutions could also subject us to a claim for significant damages that could materially adversely affect our results of operations.

While we maintain insurance for certain potential liabilities, such insurance does not cover all types and amounts of potential liabilities and is subject to various exclusions as well as caps on amounts recoverable. Even if we believe

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a claim is covered by insurance, insurers may dispute our entitlement to recovery for a variety of potential reasons, which may affect the timing and, if they prevail, the amount of our recovery.

Our work with government clients exposes us to additional risks inherent in the government contracting environment.

Our clients include national, provincial, state and local governmental entities. Our government work carries various risks inherent in the government contracting process. These risks include, but are not limited to, the following:

• Government entities, particularly in the United States, often reserve the right to audit our contract costs and conduct inquiries and investigations of our business practices and compliance with government contract requirements. U.S. government agencies, including the Defense Contract Audit Agency, routinely audit our contract costs, including allocated indirect costs, for compliance with the Cost Accounting Standards and the Federal Acquisition Regulation. These agencies also conduct reviews and investigations and make inquiries regarding our accounting and other systems in connection with our performance and business practices with respect to our government contracts. Negative findings from existing and future audits, investigations or inquiries could affect our future sales and profitability by preventing us, by operation of law or in practice, from receiving new government contracts for some period of time. In addition, if the U.S. government concludes that certain costs are not reimbursable, have not been properly determined or are based on outdated estimates of our work, then we will not be allowed to bill for such costs, may have to refund money that has already been paid to us or could be required to retroactively and prospectively adjust previously agreed to billing or pricing rates for our work. Negative findings from existing and future audits of our business systems, including our accounting system, may result in the U.S. government preventing us from billing, at least temporarily, a percentage of our costs. As a result of prior negative findings in connection with audits, investigations and inquiries, we have from time to time experienced some of the adverse consequences described above and may in the future experience further adverse consequences, which could materially adversely affect our future results of operations.

• If a government client discovers improper or illegal activities in the course of audits or investigations, we may become subject to various civil and criminal penalties, including those under the civil U.S. False Claims Act, and administrative sanctions, which may include termination of contracts, forfeiture of profits, suspension of payments, fines and suspensions or debarment from doing business with other agencies of that government. The inherent limitations of internal controls may not prevent or detect all improper or illegal activities.

• U.S. government contracting regulations impose strict compliance and disclosure obligations. Disclosure is required if certain company personnel have knowledge of “credible evidence” of a violation of federal criminal laws involving fraud, conflict of interest, bribery or improper gratuity, a violation of the civil U.S. False Claims Act or receipt of a significant overpayment from the government. Failure to make required disclosures could be a basis for suspension and/or debarment from federal government contracting in addition to breach of the specific contract and could also impact contracting beyond the U.S. federal level. Reported matters also could lead to audits or investigations and other civil, criminal or administrative sanctions.

• Government contracts are subject to heightened reputational and contractual risks compared to contracts with commercial clients. For example, government contracts and the proceedings surrounding them are often subject to more extensive scrutiny and publicity. Negative publicity, including an allegation of improper or illegal activity, regardless of its accuracy, may adversely affect our reputation.

• Terms and conditions of government contracts also tend to be more onerous and are often more difficult to negotiate. For example, these contracts often contain high or unlimited liability for breaches and feature less favorable payment terms and sometimes require us to take on liability for the performance of third parties.

• Government entities typically fund projects through appropriated monies. While these projects are often planned and executed as multi-year projects, government entities usually reserve the right to change the scope of or terminate these projects for lack of approved funding and/or at their convenience. Changes in government or political developments, including budget deficits, shortfalls or uncertainties, government spending reductions or other debt constraints could result in our projects being reduced in price or scope or terminated altogether, which also could limit our recovery of incurred costs, reimbursable expenses and profits on work completed prior to the termination. Furthermore, if insufficient funding is appropriated to the government entity to cover termination costs, we may not be able to fully recover our investments.

• Political and economic factors such as pending elections, the outcome of recent elections, changes in leadership among key executive or legislative decision makers, revisions to governmental tax or other policies and reduced tax revenues can affect the number and terms of new government contracts signed or the speed at which new contracts are signed, decrease future levels of spending and authorizations for programs that

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we bid, shift spending priorities to programs in areas for which we do not provide services and/or lead to changes in enforcement or how compliance with relevant rules or laws is assessed.

• Our ability to work for the U.S. government is impacted by the fact that we are an Irish company. We elected to enter into a proxy agreement with the U.S. Department of Defense that enhances the ability of our U.S. federal government contracting subsidiary to perform certain work for the U.S. government. The proxy agreement regulates the management and operation of, and limits the control we can exercise over, this subsidiary. In addition, legislative and executive proposals remain under consideration or could be proposed in the future, which, if enacted, could place additional limitations on or even prohibit our eligibility to be awarded state or federal government contracts in the United States or could include requirements that would otherwise affect our results of operations. Various U.S. federal and state legislative proposals have been introduced and/or enacted in recent years that deny government contracts to certain U.S. companies that reincorporate or have reincorporated outside the United States. While Accenture was not a U.S. company that reincorporated outside the United States, it is possible that these contract bans and other legislative proposals could be applied in a way that negatively affects Accenture.

The occurrences or conditions described above could affect not only our business with the particular government entities involved, but also our business with other entities of the same or other governmental bodies or with certain commercial clients, and could have a material adverse effect on our business or our results of operations.

If we are unable to manage the organizational challenges associated with our size, we might be unable to achieve our business objectives.

As of August 31, 2018, we had approximately 459,000 employees worldwide. Our size and scale present significant management and organizational challenges. It might become increasingly difficult to maintain effective standards across a large enterprise and effectively institutionalize our knowledge. It might also become more difficult to maintain our culture, effectively manage and monitor our personnel and operations and effectively communicate our core values, policies and procedures, strategies and goals, particularly given our world-wide operations. The size and scope of our operations increase the possibility that we will have employees who engage in unlawful or fraudulent activity, or otherwise expose us to unacceptable business risks, despite our efforts to train them and maintain internal controls to prevent such instances. For example, employee misconduct could involve the improper use of our clients’ sensitive or confidential information or the failure to comply with legislation or regulations regarding the protection of sensitive or confidential information. Furthermore, the inappropriate use of social networking sites by our employees could result in breaches of confidentiality, unauthorized disclosure of non-public company information or damage to our reputation. If we do not continue to develop and implement the right processes and tools to manage our enterprise and instill our culture and core values into all of our employees, our ability to compete successfully and achieve our business objectives could be impaired. In addition, from time to time, we have made, and may continue to make, changes to our operating model, including how we are organized, as the needs and size of our business change, and if we do not successfully implement the changes, our business and results of operation may be negatively impacted.

If we do not successfully manage and develop our relationships with key alliance partners or if we fail to anticipate and establish new alliances in new technologies, our results of operations could be adversely affected.

We have alliances with companies whose capabilities complement our own. A very significant portion of our revenue and services and solutions are based on technology or software provided by a few major alliance partners. See “Business—Alliances.”

The business that we conduct through these alliances could decrease or fail to grow for a variety of reasons. The priorities and objectives of our alliance partners may differ from ours, and our alliance partners are not prohibited from competing with us or forming closer or preferred arrangements with our competitors. In addition, some of our alliance partners are also large clients or suppliers of technology to Accenture. The decisions we make vis-à-vis an alliance partner may impact our ongoing alliance relationship. In addition, our alliance partners could experience reduced demand for their technology or software, including, for example, in response to changes in technology, which could lessen related demand for our services and solutions.

We must anticipate and respond to continuous changes in technology and develop alliance relationships with new providers of relevant technology. We must secure meaningful alliances with these providers early in their life cycle so that we can develop the right number of certified people with skills in new technologies. If we are unable to maintain our relationships with current partners and identify new and emerging providers of relevant technology to expand our network of alliance partners, we may not be able to differentiate our services or compete effectively in the market.

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If we do not obtain the expected benefits from our alliance relationships for any reason, we may be less competitive, our ability to offer attractive solutions to our clients may be negatively affected, and our results of operations could be adversely affected.

Our ability to attract and retain business and employees may depend on our reputation in the marketplace.

We believe the Accenture brand name and our reputation are important corporate assets that help distinguish our services and solutions from those of competitors and also contribute to our efforts to recruit and retain talented employees. However, our corporate reputation is potentially susceptible to material damage by events such as disputes with clients, cybersecurity breaches or service outages, internal control deficiencies, delivery failures, compliance violations, government investigations or legal proceedings. Similarly, our reputation could be damaged by actions or statements of current or former clients, directors, employees, competitors, vendors, alliance partners, joint venture partners, adversaries in legal proceedings, legislators or government regulators, as well as members of the investment community or the media, including social media influencers. There is a risk that negative or inaccurate information about Accenture, even if based on rumor or misunderstanding, could adversely affect our business. Damage to our reputation could be difficult, expensive and time-consuming to repair, could make potential or existing clients reluctant to select us for new engagements, resulting in a loss of business, and could adversely affect our recruitment and retention efforts. Damage to our reputation could also reduce the value and effectiveness of the Accenture brand name and could reduce investor confidence in us, materially adversely affecting our share price.

We might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses.

We expect to continue pursuing strategic and targeted acquisitions, investments and joint ventures to enhance or add to our skills and capabilities or offerings of services and solutions, or to enable us to expand in certain geographic and other markets. Depending on the opportunities available, we may increase the amount of capital invested in such opportunities. We may not succeed in completing targeted transactions, including as a result of the market becoming increasingly competitive, or achieve desired results of operations.

Furthermore, we face risks in successfully integrating any businesses we might acquire or create through a joint venture. Ongoing business may be disrupted, and our management’s attention may be diverted by acquisition, investment, transition or integration activities. In addition, we might need to dedicate additional management and other resources, and our organizational structure could make it difficult for us to efficiently integrate acquired businesses into our ongoing operations and assimilate and retain employees of those businesses into our culture and operations. The potential loss of key executives, employees, customers, suppliers, vendors and other business partners of businesses we acquire may adversely impact the value of the assets, operations or businesses. Furthermore, acquisitions or joint ventures may result in significant costs and expenses, including those related to retention payments, equity compensation, severance pay, early retirement costs, intangible asset amortization and asset impairment charges, assumed litigation and other liabilities, and legal, accounting and financial advisory fees, which could negatively affect our profitability. We may have difficulties as a result of entering into new markets where we have limited or no direct prior experience or where competitors may have stronger market positions.

We might fail to realize the expected benefits or strategic objectives of any acquisition, investment or joint venture we undertake. We might not achieve our expected return on investment or may lose money. We may be adversely impacted by liabilities that we assume from a company we acquire or in which we invest, including from that company’s known and unknown obligations, intellectual property or other assets, terminated employees, current or former clients or other third parties. In addition, we may fail to identify or adequately assess the magnitude of certain liabilities, shortcomings or other circumstances prior to acquiring, investing in or partnering with a company, including potential exposure to regulatory sanctions or liabilities resulting from an acquisition target’s previous activities, internal controls and security environment. If any of these circumstances occurs, they could result in unexpected legal or regulatory exposure, unfavorable accounting treatment, unexpected increases in taxes or other adverse effects on our business. In addition, we have a lesser degree of control over the business operations of the joint ventures and businesses in which we have made minority investments or in which we have acquired less than 100%. This lesser degree of control may expose us to additional reputational, financial, legal, compliance or operational risks. Litigation, indemnification claims and other unforeseen claims and liabilities may arise from the acquisition or operation of acquired businesses. For example, we may face litigation or other claims as a result of certain terms and conditions of the acquisition agreement, such as earnout payments or closing net asset adjustments. Alternatively, shareholder litigation may arise as a result of proposed acquisitions. If we are unable to complete the number and kind of investments for which we plan, or if we are inefficient or unsuccessful at integrating any acquired businesses into our operations, we may not be able to achieve our planned rates of growth or improve our market share, profitability or competitive position in specific markets or services.

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We periodically evaluate, and have engaged in, the disposition of assets and businesses. Divestitures could involve difficulties in the separation of operations, services, products and personnel, the diversion of management’s attention, the disruption of our business and the potential loss of key employees. After reaching an agreement with a buyer for the disposition of a business, the transaction may be subject to the satisfaction of pre-closing conditions, including obtaining necessary regulatory and government approvals, which, if not satisfied or obtained, may prevent us from completing the transaction. Divestitures may also involve continued financial involvement in or liability with respect to the divested assets and businesses, such as indemnities or other financial obligations, in which the performance of the divested assets or businesses could impact our results of operations. Any divestiture we undertake could adversely affect our results of operations.

If we are unable to protect or enforce our intellectual property rights, or if our services or solutions infringe upon the intellectual property rights of others or we lose our ability to utilize the intellectual property of others, our business could be adversely affected.

Our success depends, in part, upon our ability to obtain intellectual property protection for our proprietary methodologies, processes, software and other solutions. Existing laws of the various countries in which we provide services or solutions may offer only limited intellectual property protection of our services or solutions, and the protection in some countries may be very limited. We rely upon a combination of confidentiality policies, nondisclosure and other contractual arrangements, and patent, trade secret, copyright and trademark laws to protect our intellectual property rights. These laws are subject to change at any time and could further limit our ability to obtain or maintain intellectual property protection. There is uncertainty concerning the scope of patent and other intellectual property protection for software and business methods, which are fields in which we rely on intellectual property laws to protect our rights. Even where we obtain intellectual property protection, our intellectual property rights may not prevent or deter competitors, former employees, or other third parties from reverse engineering our solutions or proprietary methodologies and processes or independently developing services or solutions similar to or duplicative of ours. Further, the steps we take in this regard might not be adequate to prevent or deter infringement or other misappropriation of our intellectual property by competitors, former employees or other third parties, and we might not be able to detect unauthorized use of, or take appropriate and timely steps to enforce, our intellectual property rights. Enforcing our rights might also require considerable time, money and oversight, and we may not be successful in enforcing our rights.

In addition, we cannot be sure that our services and solutions, including, for example, our software solutions, or the solutions of others that we offer to our clients, do not infringe on the intellectual property rights of third parties, and these third parties could claim that we or our clients are infringing upon their intellectual property rights. Additionally, individuals and firms have purchased intellectual property assets in order to assert claims of infringement against technology providers and customers that use such technology. These claims could harm our reputation, cause us to incur substantial costs or prevent us from offering some services or solutions in the future. Any related proceedings could require us to expend significant resources over an extended period of time. In most of our contracts, we agree to indemnify our clients for expenses and liabilities resulting from claimed infringements of the intellectual property rights of third parties. In some instances, the amount of these indemnities could be greater than the revenues we receive from the client. Any claims or litigation in this area could be time-consuming and costly, damage our reputation and/or require us to incur additional costs to obtain the right to continue to offer a service or solution to our clients. If we cannot secure this right at all or on reasonable terms, or we are unable to implement in a cost-effective manner alternative technology, our results of operations could be materially adversely affected. The risk of infringement claims against us may increase as we expand our industry software solutions and continue to develop and license our software to multiple clients.Any infringement action brought against us or our clients could be costly to defend or lead to an expensive settlement or judgment against us.

Further, we rely on third-party software in providing some of our services and solutions. If we lose our ability to continue using any such software for any reason, including because it is found to infringe the rights of others, we will need to obtain substitute software or seek alternative means of obtaining the technology necessary to continue to provide such services and solutions. Our inability to replace such software, or to replace such software in a timely or cost-effective manner, could materially adversely affect our results of operations.

Changes to accounting standards or in the estimates and assumptions we make in connection with the preparation of our consolidated financial statements could adversely affect our financial results.

Our financial statements have been prepared in accordance with U.S. generally accepted accounting principles. It is possible that changes in accounting standards could have a material adverse effect on our results of operations and financial position. The application of generally accepted accounting principles requires us to make estimates and assumptions about certain items and future events that affect our reported financial condition, and our accompanying disclosure with respect to, among other things, revenue recognition and income taxes. We base our estimates on

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historical experience, contractual commitments and on various other assumptions that we believe to be reasonable under the circumstances and at the time they are made. These estimates and assumptions involve the use of judgment and are subject to significant uncertainties, some of which are beyond our control. If our estimates, or the assumptions underlying such estimates, are not correct, actual results may differ materially from our estimates, and we may need to, among other things, adjust revenues or accrue additional charges that could adversely affect our results of operations.

Many of our contracts include payments that link some of our fees to the attainment of performance or business targets and/or require us to meet specific service levels. This could increase the variability of our revenues and impact our margins.

Many of our contracts include clauses that tie our compensation to the achievement of agreed-upon performance standards or milestones. If we fail to satisfy these measures, it could significantly reduce or eliminate our fees under the contracts, increase the cost to us of meeting performance standards or milestones, delay expected payments or subject us to potential damage claims under the contract terms. Clients also often have the right to terminate a contract and pursue damage claims under the contract for serious or repeated failure to meet these service commitments. We also have a number of contracts in which a portion of our compensation depends on performance measures such as cost-savings, revenue enhancement, benefits produced, business goals attained and adherence to schedule. These goals can be complex and may depend on our clients’ actual levels of business activity or may be based on assumptions that are later determined not to be achievable or accurate. These provisions could increase the variability in revenues and margins earned on those contracts.

Our results of operations and share price could be adversely affected if we are unable to maintain effective internal controls.

The accuracy of our financial reporting is dependent on the effectiveness of our internal controls. We are required to provide a report from management to our shareholders on our internal control over financial reporting that includes an assessment of the effectiveness of these controls. Internal control over financial reporting has inherent limitations, including human error, the possibility that controls could be circumvented or become inadequate because of changed conditions, and fraud. Because of these inherent limitations, internal control over financial reporting might not prevent or detect all misstatements or fraud. If we cannot maintain and execute adequate internal control over financial reporting or implement required new or improved controls that provide reasonable assurance of the reliability of the financial reporting and preparation of our financial statements for external use, we could suffer harm to our reputation, incur incremental compliance costs, fail to meet our public reporting requirements on a timely basis, be unable to properly report on our business and our results of operations, or be required to restate our financial statements, and our results of operations, our share price and our ability to obtain new business could be materially adversely affected.

We might be unable to access additional capital on favorable terms or at all. If we raise equity capital, it may dilute our shareholders’ ownership interest in us.

We might choose to raise additional funds through public or private debt or equity financings in order to:

• take advantage of opportunities, including more rapid expansion;

• acquire other businesses or assets;

• repurchase shares from our shareholders;

• develop new services and solutions; or

• respond to competitive pressures.

Any additional capital raised through the sale of equity could dilute shareholders’ ownership percentage in us. Furthermore, any additional financing we need might not be available on terms favorable to us, or at all.

We are incorporated in Ireland and a significant portion of our assets is located outside the United States. As a result, it might not be possible for shareholders to enforce civil liability provisions of the federal or state securities laws of the United States. We may also be subject to criticism and negative publicity related to our incorporation in Ireland.

We are organized under the laws of Ireland, and a significant portion of our assets is located outside the United States. A shareholder who obtains a court judgment based on the civil liability provisions of U.S. federal or state securities laws may be unable to enforce the judgment against us in Ireland or in countries other than the United States where we have assets. In addition, there is some doubt as to whether the courts of Ireland and other countries would recognize or enforce judgments of U.S. courts obtained against us or our directors or officers based on the civil liabilities

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provisions of the federal or state securities laws of the United States or would hear actions against us or those persons based on those laws.

Although the United States and Ireland do not currently have a treaty providing for the reciprocal recognition and enforcement of judgments in civil and commercial matters, the Irish Courts will recognize a U.S. judgment if the following important requirements are satisfied:

•the originating court is a court of competent jurisdiction;

•the judgment is final and conclusive; and

•the judgment was not obtained by fraud and its recognition is not contrary to Irish public policy.

Any judgment obtained in contravention of the rules of natural justice or that is irreconcilable with an earlier foreign judgment would not be enforced in Ireland. Similarly, judgments might not be enforceable in countries other than the United States where we have assets.

Some companies that conduct substantial business in the United States but which have a parent domiciled in certain other jurisdictions have been criticized as improperly avoiding U.S. taxes or creating an unfair competitive advantage over U.S. companies. Accenture never conducted business under a U.S. parent company and pays U.S. taxes on all of its U.S. operations. Nonetheless, we could be subject to criticism in connection with our incorporation in Ireland.

Irish law differs from the laws in effect in the United States and might afford less protection to shareholders.

Our shareholders could have more difficulty protecting their interests than would shareholders of a corporation incorporated in a jurisdiction of the United States. As an Irish company, we are governed by the Companies Act. The Companies Act differs in some significant, and possibly material, respects from laws applicable to U.S. corporations and shareholders under various state corporation laws, including the provisions relating to interested directors, mergers and acquisitions, takeovers, shareholder lawsuits and indemnification of directors.

Under Irish law, the duties of directors and officers of a company are generally owed to the company only. Shareholders of Irish companies do not generally have rights to take action against directors or officers of the company under Irish law, and may only do so in limited circumstances. Directors of an Irish company must, in exercising their powers and performing their duties, act with due care and skill, honestly and in good faith with a view to the best interests of the company. Directors have a duty not to put themselves in a position in which their duties to the company and their personal interests might conflict and also are under a duty to disclose any personal interest in any contract or arrangement with the company or any of its subsidiaries. If a director or officer of an Irish company is found to have breached his duties to that company, he could be held personally liable to the company in respect of that breach of duty.

Under Irish law, we must have authority from our shareholders to issue any shares, including shares that are part of the company’s authorized but unissued share capital. In addition, unless otherwise authorized by its shareholders, when an Irish company issues shares for cash to new shareholders, it is required first to offer those shares on the same or more favorable terms to existing shareholders on a pro-rata basis. If we are unable to obtain these authorizations from our shareholders, or are otherwise limited by the terms of our authorizations, our ability to issue shares under our equity compensation plans and, if applicable, to facilitate funding acquisitions or otherwise raise capital could be adversely affected.

ITEM 1B.    UNRESOLVED STAFF COMMENTS

None.

ITEM 2.    PROPERTIES

We have major offices in the world’s leading business centers, including Boston, Chicago, New York, San Francisco, Dublin, Frankfurt, London, Madrid, Milan, Paris, Rome, Bangalore, Beijing, Manila, Mumbai, Sao Paolo, Shanghai, Singapore, Sydney and Tokyo, among others. In total, we have offices and operations in more than 200 cities in 52 countries around the world. We do not own any material real property. Substantially all of our office space is leased under long-term leases with varying expiration dates. We believe that our facilities are adequate to meet our needs in the near future.

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ITEM 3.    LEGAL PROCEEDINGS

The information set forth under “Legal Contingencies” in Note 15 (Commitments and Contingencies) to our Consolidated Financial Statements under Part II, Item 8, “Financial Statements and Supplementary Data,” is incorporated herein by reference.

ITEM 4.    MINE SAFETY DISCLOSURES

Not applicable.

EXECUTIVE OFFICERS OF THE REGISTRANT

Our executive officers and persons chosen to become executive officers as of the date hereof are as follows:

Omar Abbosh, 52, became our group chief executive—Communications, Media & Technology operating group in September 2018. From March 2015 to September 2018, he served as our chief strategy officer. Prior to assuming that role, Mr. Abbosh served in several management positions, including senior managing director—Growth & Strategy for the Resources operating group and managing director of the Resources business in the United Kingdom and Ireland. Mr. Abbosh has been with Accenture for 29 years.

Gianfranco Casati, 59, became our group chief executive—Growth Markets in January 2014. From September 2006 to January 2014, he served as our group chief executive—Products operating group. From April 2002 to September 2006, Mr. Casati was managing director of the Products operating group’s Europe operating unit. He also served as Accenture’s country managing director for Italy and as chairman of our geographic council in its IGEM (Italy, Greece, emerging markets) region, supervising Accenture offices in Italy, Greece and several Eastern European countries. Mr. Casati has been with Accenture for 34 years.

Richard P. Clark, 57, became our chief accounting officer in September 2013 and has served as our corporate controller since September 2010. Prior to that, Mr. Clark served as our senior managing director of investor relations from September 2006 to September 2010. Previously he served as our finance director—Communications, Media & Technology operating group from July 2001 to September 2006 and as our finance director—Resources operating group from 1998 to July 2001. Mr. Clark has been with Accenture for 35 years.

Johan (Jo) G. Deblaere, 56, became our chief operating officer in September 2009 and has also served as our chief executive—Europe since January 2014. From September 2006 to September 2009, Mr. Deblaere served as our chief operating officer—Outsourcing. Prior to that, from September 2005 to September 2006, he led our global network of business process outsourcing delivery centers. From September 2000 to September 2005, he had overall responsibility for work with public-sector clients in Western Europe. Mr. Deblaere has been with Accenture for 33 years.

Chad T. Jerdee, 51, became our general counsel and chief compliance officer in June 2015. From August 2010 to June 2015, Mr. Jerdee served as deputy general counsel—Sales & Delivery. Previously, he served as legal lead for the outsourcing sales legal team as well as for Accenture’s growth platforms. Mr. Jerdee has been with Accenture for 21 years.

Daniel T. London, 54, became our group chief executive—Health & Public Service operating group in June 2014. From 2009 to June 2014, Mr. London was senior managing director for Health & Public Service in North America. Previously, he served as managing director of Accenture’s Finance & Performance Management global service line. Mr. London has been with Accenture for 32 years.

Richard A. Lumb, 57, became our group chief executive—Financial Services operating group in December 2010. From June 2006 to December 2010, Mr. Lumb led our Financial Services operating group in Europe, Africa, the Middle East and Latin America. He also served as our managing director of business and market development—Financial Services operating group from September 2005 to June 2006. Mr. Lumb has been with Accenture for 33 years.

Pierre Nanterme, 59, became chairman of the Board of Directors in February 2013 and has served as our chief executive officer since January 2011. Mr. Nanterme was our group chief executive—Financial Services operating group from September 2007 to December 2010. Prior to assuming this role, Mr. Nanterme held various leadership roles throughout the Company, including serving as our chief leadership officer from May 2006 through September 2007 and our country managing director for France from November 2005 to September 2007. Mr. Nanterme has been a director since October 2010 and has been with Accenture for 35 years. Prior to its merger with and into Accenture plc in March 2018, Mr. Nanterme also served on the board of Accenture Holdings plc.

Jean-Marc Ollagnier, 56, became our group chief executive—Resources operating group in March 2011. From September 2006 to March 2011, Mr. Ollagnier led our Resources operating group in Europe, Latin America, the Middle

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East and Africa. Previously, he served as our global managing director—Financial Services Solutions group and as our geographic unit managing director—Gallia. Mr. Ollagnier has been with Accenture for 32 years.

David P. Rowland, 57, became our chief financial officer in July 2013. From October 2006 to July 2013, he was our senior vice president—Finance. Previously, Mr. Rowland was our managing director—Finance Operations from July 2001 to October 2006. Prior to assuming that role, he served as our finance director—Communications, Media & Technology operating group and as our finance director—Products operating group. Mr. Rowland has been with Accenture for 35 years.

Ellyn J. Shook, 55, became our chief leadership officer in December 2015 and has also served as our chief human resources officer since March 2014. From 2012 to March 2014, Ms. Shook was our senior managing director—Human Resources and head of Accenture’s Human Resources Centers of Expertise. From 2004 to 2011, she served as the global human resources lead for career management, performance management, total rewards, employee engagement and mergers and acquisitions. Ms. Shook has been with Accenture for 30 years.

Julie Spellman Sweet, 51, became our chief executive officer—North America in June 2015. From March 2010 to June 2015, she served as our general counsel, secretary and chief compliance officer. Prior to joining Accenture, Ms. Sweet was, for 10 years, a partner in the Corporate department of the law firm of Cravath, Swaine & Moore LLP, which she joined as an associate in 1992. Ms. Sweet has been with Accenture for 8 years.

Alexander M. van ’t Noordende, 55, became our group chief executive—Products operating group in January 2014. From March 2011 to January 2014, he served as our group chief executive—Management Consulting. Mr. van ’t Noordende was our group chief executive—Resources operating group from September 2006 to March 2011. Prior to assuming that role, he led our Resources operating group in Southern Europe, Africa, the Middle East and Latin America, and served as managing partner of the Resources operating group in France, Belgium and the Netherlands. From 2001 until September 2006, he served as our country managing director for the Netherlands. Mr. van ’t Noordende has been with Accenture for 31 years.

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PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Price Range of Accenture plc Class A Ordinary Shares

Accenture plc Class A ordinary shares are traded on the New York Stock Exchange under the symbol “ACN.” The New York Stock Exchange is the principal United States market for these shares.

The following table sets forth, on a per share basis for the periods indicated, the high and low sale prices for Accenture plc Class A ordinary shares as reported by the New York Stock Exchange.

	Price Range
	High		Low
Fiscal 2017
First Quarter	$	124.96	$	108.83
Second Quarter	$	125.72	$	112.31
Third Quarter	$	126.53	$	114.82
Fourth Quarter	$	130.92	$	119.10
Fiscal 2018
First Quarter	$	148.60	$	129.10
Second Quarter	$	165.58	$	145.75
Third Quarter	$	164.30	$	146.05
Fourth Quarter	$	169.92	$	155.30
Fiscal 2019
First Quarter (through October 10, 2018)	$	175.64	$	161.58

The closing sale price of an Accenture plc Class A ordinary share as reported by the New York Stock Exchange consolidated tape as of October 10, 2018 was $161.74. As of October 10, 2018, there were 326 holders of record of Accenture plc Class A ordinary shares.

There is no trading market for Accenture plc Class X ordinary shares. As of October 10, 2018, there were 16 holders of record of Accenture plc Class X ordinary shares.

To ensure that members of Accenture Leadership continue to maintain equity ownership levels that we consider meaningful, we require current members of Accenture Leadership to comply with the Accenture Equity Ownership Requirement Policy. This policy requires members of Accenture Leadership to own Accenture equity valued at a multiple (ranging from ¹/₂ to 6) of their base compensation determined by their position level.

Dividend Policy

On November 15, 2016, May 15, 2017, November 15, 2017 and May 15, 2018, Accenture plc paid a semi-annual cash dividend of $1.21, $1.21, $1.33 and $1.33 per share, respectively, on our Class A ordinary shares. On November 15, 2016, May 15, 2017, and November 15, 2017, Accenture Holdings plc paid a semi-annual cash dividend of $1.21, $1.21 and $1.33 per share, respectively, on its ordinary shares. Accenture Holdings plc merged with and into Accenture plc on March 13, 2018, and thereafter Accenture Holdings plc ceased to exist.

Future dividends on Accenture plc Class A ordinary shares, if any, and the timing of declaration of any such dividends, will be at the discretion of the Board of Directors of Accenture plc and will depend on, among other things, our results of operations, cash requirements and surplus, financial condition, contractual restrictions and other factors that the Board of Directors of Accenture plc may deem relevant, as well as our ability to pay dividends in compliance with the Companies Act.

In certain circumstances, as an Irish tax resident company, we may be required to deduct Irish dividend withholding tax (“DWT”) (currently at the rate of 20%) from dividends paid to our shareholders. Shareholders resident in “relevant territories” (including countries that are European Union member states (other than Ireland), the United States and other countries with which Ireland has a tax treaty) may be exempted from Irish DWT. However, shareholders residing in other countries will generally be subject to Irish DWT.

Recent Sales of Unregistered Securities

None.

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Purchases of Accenture plc Class A Ordinary Shares

The following table provides information relating to our purchases of Accenture plc Class A ordinary shares during the fourth quarter of fiscal 2018. For year-to-date information on all of our share purchases, redemptions and exchanges and further discussion of our share purchase activity, see “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—Share Purchases and Redemptions.”

Period	Total Number of Shares Purchased	Average Price Paid per Share (1)		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)	Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (3)
					(in millions of U.S. dollars)
June 1, 2018 — June 30, 2018
Class A ordinary shares	1,005,320	$	160.73	991,649	$	1,290
July 1, 2018 — July 31, 2018
Class A ordinary shares	1,147,274	$	165.41	925,154	$	1,135
August 1, 2018 — August 31, 2018
Class A ordinary shares	1,216,504	$	163.26	1,130,614	$	950
Total
Class A ordinary shares (4)	3,369,098	$	163.24	3,047,417

 _______________

(1) Average price paid per share reflects the total cash outlay for the period, divided by the number of shares acquired, including those acquired by purchase or redemption for cash and any acquired by means of employee forfeiture.

(2) Since August 2001, the Board of Directors of Accenture plc has authorized and periodically confirmed a publicly announced open-market share purchase program for acquiring Accenture plc Class A ordinary shares. During the fourth quarter of fiscal 2018, we purchased 3,047,417 Accenture plc Class A ordinary shares under this program for an aggregate price of $497 million. The open-market purchase program does not have an expiration date.

(3) As of August 31, 2018, our aggregate available authorization for share purchases and redemptions was $950 million, which management has the discretion to use for either our publicly announced open-market share purchase program or our other share purchase programs. Since August 2001 and as of August 31, 2018, the Board of Directors of Accenture plc has authorized an aggregate of $30,100 million for purchases and redemptions of Accenture plc Class A ordinary shares, Accenture Holdings plc ordinary shares (prior to March 13, 2018) or Accenture Canada Holdings Inc. exchangeable shares.

(4) During the fourth quarter of fiscal 2018, Accenture purchased 321,681 Accenture plc Class A ordinary shares in transactions unrelated to publicly announced share plans or programs. These transactions consisted of acquisitions of Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under our various employee equity share plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and our other share purchase programs.

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ITEM 6.     SELECTED FINANCIAL DATA

The data for fiscal 2018, 2017 and 2016 and as of August 31, 2018 and 2017 are derived from the audited Consolidated Financial Statements and related Notes that are included elsewhere in this report. The data for fiscal 2015 and 2014 and as of August 31, 2016, 2015 and 2014 are derived from the audited Consolidated Financial Statements and related Notes that are not included in this report. The selected financial data should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our Consolidated Financial Statements and related Notes included elsewhere in this report.

	Fiscal
	2018 (1)		2017 (2)		2016 (3)		2015 (4)		2014
	(in millions of U.S. dollars)
Income Statement Data
Revenues before reimbursements (“Net revenues”)	$	39,573	$	34,850	$	32,883	$	31,048	$	30,002
Revenues	41,603		36,765		34,798		32,914		31,875
Operating income	5,841		4,633		4,810		4,436		4,301
Net income	4,215		3,635		4,350		3,274		3,176
Net income attributable to Accenture plc	4,060		3,445		4,112		3,054		2,941

_______________ 

(1) Includes the impact of a $258 million charge associated with tax law changes recorded during fiscal 2018. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Results of Operations for Fiscal 2018 Compared to Fiscal 2017—Provision for Income Taxes.”

(2) Includes the impact of a $510 million, pre-tax, Pension settlement charge recorded during fiscal 2017. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Results of Operations for Fiscal 2018 Compared to Fiscal 2017—Pension Settlement Charge.”

(3) Includes the impact of a $849 million, pre-tax, Gain on sale of businesses recorded during fiscal 2016. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Results of Operations for Fiscal 2017 Compared to Fiscal 2016—Gain (loss) on Sale of Businesses.”

(4) Includes the impact of a $64 million, pre-tax, Pension settlement charge recorded during fiscal 2015.

	Fiscal
	2018		2017		2016		2015		2014
Earnings Per Class A Ordinary Share
Basic	$	6.46	$	5.56	$	6.58	$	4.87	$	4.64
Diluted	6.34		5.44		6.45		4.76		4.52
Dividends per ordinary share	2.66		2.42		2.20		2.04		1.86

	August 31, 2018		August 31, 2017		August 31, 2016		August 31, 2015		August 31, 2014
	(in millions of U.S. dollars)
Balance Sheet Data
Cash and cash equivalents	$	5,061	$	4,127	$	4,906	$	4,361	$	4,921
Total assets	24,449		22,690		20,609		18,203		17,930
Long-term debt, net of current portion	20		22		24		26		26
Accenture plc shareholders’ equity	10,365		8,949		7,555		6,134		5,732

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ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion and analysis should be read in conjunction with our Consolidated Financial Statements and related Notes included elsewhere in this Annual Report on Form 10-K. This discussion and analysis also contains forward-looking statements and should also be read in conjunction with the disclosures and information contained in “Disclosure Regarding Forward-Looking Statements” and “Risk Factors” in this Annual Report on Form 10-K.

We use the terms “Accenture,” “we,” the “Company,” “our” and “us” in this report to refer to Accenture plc and its subsidiaries. All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. For example, a reference to “fiscal 2018” means the 12-month period that ended on August 31, 2018. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal year.

We use the term “in local currency” so that certain financial results may be viewed without the impact of foreign currency exchange rate fluctuations, thereby facilitating period-to-period comparisons of business performance. Financial results “in local currency” are calculated by restating current period activity into U.S. dollars using the comparable prior-year period’s foreign currency exchange rates. This approach is used for all results where the functional currency is not the U.S. dollar.

Overview

Revenues are driven by the ability of our executives to secure new contracts and to deliver services and solutions that add value relevant to our clients’ current needs and challenges. The level of revenues we achieve is based on our ability to deliver market-leading services and solutions and to deploy skilled teams of professionals quickly and on a global basis.

Our results of operations are affected by economic conditions, including macroeconomic conditions and levels of business confidence. There continues to be significant volatility and economic and geopolitical uncertainty in many markets around the world, which may impact our business. We continue to monitor the impact of this volatility and uncertainty and seek to manage our costs in order to respond to changing conditions. There also continues to be volatility in foreign currency exchange rates. The majority of our net revenues are denominated in currencies other than the U.S. dollar, including the Euro and the U.K. pound. Unfavorable fluctuations in foreign currency exchange rates have had and could have in the future a material effect on our financial results.

Revenues before reimbursements (“net revenues”) for fiscal 2018 increased 13.5% in U.S. dollars and 10.5% in local currency compared to fiscal 2017. Demand for our services and solutions continued to be very strong, resulting in growth across all areas of our business. During fiscal 2018, revenue growth in local currency was very strong in Communication, Media & Technology, Resources and Products and strong in Financial Services and Health & Public Service. We experienced very strong growth in Growth Markets and strong growth in North America and Europe. Revenue growth in local currency was very strong in consulting and strong in outsourcing during fiscal 2018. While the business environment remained competitive, pricing was relatively stable. We use the term “pricing” to mean the contract profitability or margin on the work that we sell.

In our consulting business, net revenues for fiscal 2018 increased 15% in U.S. dollars and 12% in local currency compared to fiscal 2017. Consulting revenue growth in local currency in fiscal 2018 was led by very strong growth in Communications, Media & Technology, Resources, Financial Services and Products as well as strong growth in Health & Public Service. Our consulting revenue growth continues to be driven by strong demand for digital-, cloud- and security-related services and assisting clients with the adoption of new technologies. In addition, clients continue to be focused on initiatives designed to deliver cost savings and operational efficiency, as well as projects to integrate their global operations and grow and transform their businesses.

In our outsourcing business, net revenues for fiscal 2018 increased 12% in U.S. dollars and 9% in local currency compared to fiscal 2017. Outsourcing revenue growth in local currency in fiscal 2018 was led by very strong growth in Communications, Media & Technology, Resources and Products, as well as strong growth in Health & Public Service and modest growth in Financial Services. We continue to experience growing demand to assist clients with the operation and maintenance of digital-related services and cloud enablement. In addition, clients continue to be focused on transforming their operations to improve effectiveness and cost efficiency.

As we are a global company, our revenues are denominated in multiple currencies and may be significantly affected by currency exchange rate fluctuations. If the U.S. dollar weakens against other currencies, resulting in favorable currency translation, our revenues, revenue growth and results of operations in U.S. dollars may be higher. If the U.S. dollar strengthens against other currencies, resulting in unfavorable currency translation, our revenues, revenue growth and results of operations in U.S. dollars may be lower. The U.S. dollar weakened against various currencies during fiscal 2018, resulting in favorable currency translation and U.S. dollar revenue growth that was

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approximately 3% higher than our revenue growth in local currency for the year. Assuming that exchange rates stay within recent ranges, we estimate that our full fiscal 2019 revenue growth in U.S. dollars will be approximately 2.5% lower than our revenue growth in local currency.

The primary categories of operating expenses include Cost of services, Sales and marketing and General and administrative costs. Cost of services is primarily driven by the cost of client-service personnel, which consists mainly of compensation, subcontractor and other personnel costs, and non-payroll costs on outsourcing contracts. Cost of services includes a variety of activities such as: contract delivery; recruiting and training; software development; and integration of acquisitions. Sales and marketing costs are driven primarily by: compensation costs for business development activities; marketing- and advertising-related activities; and certain acquisition-related costs. General and administrative costs primarily include costs for non-client-facing personnel, information systems, office space and certain acquisition-related costs.

Utilization for fiscal 2018 was 91%, flat with fiscal 2017. We continue to hire to meet current and projected future demand. We proactively plan and manage the size and composition of our workforce and take actions as needed to address changes in the anticipated demand for our services and solutions, given that compensation costs are the most significant portion of our operating expenses. Based on current and projected future demand, we have increased our headcount, the majority of which serve our clients, to approximately 459,000 as of August 31, 2018, compared to approximately 425,000 as of August 31, 2017. The year-over-year increase in our headcount reflects an overall increase in demand for our services and solutions, as well as headcount added in connection with acquisitions. Attrition, excluding involuntary terminations, for fiscal 2018 was 15%, up from 14% in fiscal 2017. We evaluate voluntary attrition, adjust levels of new hiring and use involuntary terminations as means to keep our supply of skills and resources in balance with changes in client demand. In addition, we adjust compensation in certain skill sets and geographies in order to attract and retain appropriate numbers of qualified employees. For the majority of our personnel, compensation increases become effective December 1st of each fiscal year. We strive to adjust pricing and/or the mix of resources to reduce the impact of compensation increases on our gross margin. Our ability to grow our revenues and maintain or increase our margin could be adversely affected if we are unable to: keep our supply of skills and resources in balance with changes in the types or amounts of services and solutions clients are demanding; recover increases in compensation; deploy our employees globally on a timely basis; manage attrition; and/or effectively assimilate and utilize new employees.

Gross margin (Net revenues less Cost of services before reimbursable expenses as a percentage of net revenues) for fiscal 2018 was 31.4%, compared with 31.7% for fiscal 2017. The decrease in gross margin for fiscal 2018 was principally due to higher labor costs compared to fiscal 2017, partially offset by other cost efficiencies in fiscal 2018.

Sales and marketing and General and administrative costs as a percentage of net revenues were 16.7% for fiscal 2018, compared with 16.9% for fiscal 2017. We continuously monitor these costs and implement cost-management actions, as appropriate. For fiscal 2018 compared to fiscal 2017, Sales and marketing costs as a percentage of net revenues decreased 20 basis points and General and administrative costs as a percentage of net revenues were flat.

During fiscal 2017, we recorded a $510 million pension settlement charge and related $198 millionreduction in taxes for the U.S. pension plan termination. For additional information, see Note 10 (Retirement and Profit Sharing Plans) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Operating margin (Operating income as a percentage of net revenues) forfiscal 2018 was 14.8%, compared with 13.3% for fiscal 2017. The pension settlement charge decreased operating margin by 150 basis points for fiscal 2017. Excluding the effect of the pension settlement charge, operating margin for fiscal 2017 would have been flat with fiscal 2018 at 14.8%.

The effective tax rate for fiscal 2018 was 27.4%, compared with 21.3% for fiscal 2017. During fiscal 2018, we recorded a provisional tax charge associated with the enactment of the U.S. Tax Cuts and Jobs Act (the “Tax Act”) of $178 million. Absent this charge and $81 million of expense from a non-U.S. tax law change, our effective tax rate for fiscal 2018 would have been 23.0%. Absent the pension settlement charge and related taxes described above, our effective tax rate for fiscal 2017 would have also been 23.0%. For additional information, see Note 9 (Income Taxes) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Diluted earnings per share were $6.34 for fiscal 2018, compared with $5.44 for fiscal 2017. The impact of tax law changes decreased diluted earnings per share by $0.40 in fiscal 2018. The impact of the pension settlement charge, net of taxes, decreased diluted earnings per share by $0.47 in fiscal 2017. Excluding these impacts, diluted earnings per share would have been $6.74 and $5.91 for fiscal 2018 and 2017, respectively.

We have presented effective tax rate and diluted earnings per share excluding the impacts of the tax law changes in fiscal 2018 and the pension settlement charge in fiscal 2017 as well as operating income and operating margin

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excluding the impact of the pension settlement charge in fiscal 2017, as we believe doing so facilitates understanding as to both the impacts of these items and our financial performance when comparing these periods.

Our operating income and diluted earnings per share are affected by currency exchange rate fluctuations on revenues and costs. Most of our costs are incurred in the same currency as the related net revenues. Where practical, we seek to manage foreign currency exposure for costs not incurred in the same currency as the related net revenues, such as the costs associated with our global delivery model, by using currency protection provisions in our customer contracts and through our hedging programs. We seek to manage our costs, taking into consideration the residual positive and negative effects of changes in foreign exchange rates on those costs. For more information on our hedging programs, see Note 7 (Derivative Financial Instruments) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

As described further in Note 1 (Summary of Significant Accounting Policies), on March 13, 2018 our subsidiary Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. The merger was internal and administrative in nature.

Beginning in fiscal 2019, we are adopting new accounting standards that will affect the accounting for revenue and pension costs: Accounting Standards Update (“ASU”) No. 2014-09: “Revenue from Contracts with Customers” (Topic 606); and ASU No. 2017-07: “Compensation—Retirement Benefits” (Topic 715). In connection with the adoption, we will present total revenues and will no longer report revenues before reimbursements. Also, certain components of pension costs will be reclassified from operating expenses to non-operating expenses. In our subsequent periodic reports, prior-period results will be revised to reflect the fiscal 2019 presentation. Additionally, on September 1, 2018, we will adopt ASU No. 2016-16: “Income Taxes: Intra-Entity Transfers of Assets Other Than Inventory”, which will require us to record deferred tax assets of up to $2.1 billion and incremental income tax expense going forward, as these deferred tax assets are utilized. For additional information, see Note 1 (Summary of Significant Accounting Policies) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Bookings and Backlog

New bookings for fiscal 2018 were $42.81 billion, with consulting bookings of $23.63 billion and outsourcing bookings of $19.18 billion.

We provide information regarding our new bookings, which include new contracts, including those acquired through acquisitions, as well as renewals, extensions and changes to existing contracts, because we believe doing so provides useful trend information regarding changes in the volume of our new business over time. New bookings can vary significantly quarter to quarter depending in part on the timing of the signing of a small number of large outsourcing contracts. The types of services and solutions clients are demanding and the pace and level of their spending may impact the conversion of new bookings to revenues. For example, outsourcing bookings, which are typically for multi-year contracts, generally convert to revenue over a longer period of time compared to consulting bookings. Information regarding our new bookings is not comparable to, nor should it be substituted for, an analysis of our revenues over time. New bookings involve estimates and judgments. There are no third-party standards or requirements governing the calculation of bookings. We do not update our new bookings for material subsequent terminations or reductions related to bookings originally recorded in prior fiscal years. New bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations.

The majority of our contracts are terminable by the client on short notice, and some without notice. Accordingly, we do not believe it is appropriate to characterize bookings attributable to these contracts as backlog. Normally, if a client terminates a project, the client remains obligated to pay for commitments we have made to third parties in connection with the project, services performed and reimbursable expenses incurred by us through the date of termination.

Critical Accounting Policies and Estimates

The preparation of our Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses. We continually evaluate our estimates, judgments and assumptions based on available information and experience. Because the use of estimates is inherent in the financial reporting process, actual results could differ from those estimates. Certain of our accounting policies require higher degrees of judgment than others in their application. These include certain aspects of accounting for revenue recognition and income taxes.

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Revenue Recognition

Our contracts have different terms based on the scope, deliverables and complexity of the engagement, the terms of which frequently require us to make judgments and estimates in recognizing revenues. We have many types of contracts, including time-and-materials contracts, fixed-price contracts and contracts with features of both of these contract types. In addition, some contracts include incentives related to costs incurred, benefits produced or adherence to schedules that may increase the variability in revenues and margins earned on such contracts. We conduct rigorous reviews prior to signing such contracts to evaluate whether these incentives are reasonably achievable.

We recognize revenues from technology integration consulting contracts using the percentage-of-completion method of accounting, which involves calculating the percentage of services provided during the reporting period compared with the total estimated services to be provided over the duration of the contract. Our contracts for technology integration consulting services generally span six months to two years. Estimated revenues used in applying the percentage-of-completion method include estimated incentives for which achievement of defined goals is deemed probable. This method is followed where reasonably dependable estimates of revenues and costs can be made. Estimates of total contract revenues and costs are continuously monitored during the term of the contract, and recorded revenues and estimated costs are subject to revision as the contract progresses. Such revisions may result in increases or decreases to revenues and income and are reflected in the Consolidated Financial Statements in the periods in which they are first identified. If our estimates indicate that a contract loss will occur, a loss provision is recorded in the period in which the loss first becomes probable and reasonably estimable. Contract losses are determined to be the amount by which the estimated total direct and indirect costs of the contract exceed the estimated total revenues that will be generated by the contract and are included in Cost of services and classified in Other accrued liabilities.

Revenues from contracts for non-technology integration consulting services with fees based on time and materials or cost-plus are recognized as the services are performed and amounts are earned. We consider amounts to be earned once evidence of an arrangement has been obtained, services are delivered, fees are fixed or determinable, and collectibility is reasonably assured. In such contracts, our efforts, measured by time incurred, typically are provided in less than a year and represent the contractual milestones or output measure, which is the contractual earnings pattern. For non-technology integration consulting contracts with fixed fees, we recognize revenues as amounts become billable in accordance with contract terms, provided the billable amounts are not contingent, are consistent with the services delivered and are earned. Contingent or incentive revenues relating to non-technology integration consulting contracts are recognized when the contingency is satisfied and we conclude the amounts are earned.

Outsourcing contracts typically span several years and involve complex delivery, often through multiple workforces in different countries. In a number of these arrangements, we hire client employees and become responsible for certain client obligations. Revenues are recognized on outsourcing contracts as amounts become billable in accordance with contract terms, unless the amounts are billed in advance of performance of services, in which case revenues are recognized when the services are performed and amounts are earned. Revenues from time-and-materials or cost-plus contracts are recognized as the services are performed. In such contracts, our effort, measured by time incurred, represents the contractual milestones or output measure, which is the contractual earnings pattern. Revenues from unit-priced contracts are recognized as transactions are processed based on objective measures of output. Revenues from fixed-price contracts are recognized on a straight-line basis, unless revenues are earned and obligations are fulfilled in a different pattern. Outsourcing contracts can also include incentive payments for benefits delivered to clients. Revenues relating to such incentive payments are recorded when the contingency is satisfied and we conclude the amounts are earned. We continuously review and reassess our estimates of contract profitability. Circumstances that potentially affect profitability over the life of the contract include decreases in volumes of transactions or other inputs/outputs on which we are paid, failure to deliver agreed benefits, variances from planned internal/external costs to deliver our services and other factors affecting revenues and costs.

Costs related to delivering outsourcing services are expensed as incurred, with the exception of certain transition costs related to the set-up of processes, personnel and systems, which are deferred during the transition period and expensed evenly over the period outsourcing services are provided. The deferred costs are specific internal costs or incremental external costs directly related to transition or set-up activities necessary to enable the outsourced services. Generally, deferred amounts are protected in the event of early termination of the contract and are monitored regularly for impairment. Impairment losses are recorded when projected remaining undiscounted operating cash flows of the related contract are not sufficient to recover the carrying amount of contract assets. Amounts billable to the client for transition or set-up activities are deferred and recognized as revenue evenly over the period outsourcing services are provided. Contract acquisition and origination costs are expensed as incurred.

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We enter into contracts that may consist of multiple deliverables. These contracts may include any combination of technology integration consulting services, non-technology integration consulting services or outsourcing services described above. Revenues for contracts with multiple deliverables are allocated based on the lesser of the element’s relative selling price or the amount that is not contingent on future delivery of another deliverable. The selling price of each deliverable is determined by obtaining third party evidence of the selling price for the deliverable and is based on the price we charge when largely similar services are sold on a standalone basis to similarly situated customers. If the amount of non-contingent revenues allocated to a deliverable accounted for under the percentage-of-completion method of accounting is less than the costs to deliver such services, then such costs are deferred and recognized in future periods when the revenues become non-contingent. Revenues are recognized in accordance with our accounting policies for the separate deliverables when the services have value on a stand-alone basis, selling price of the separate deliverables exists and, in arrangements that include a general right of refund relative to the completed deliverable, performance of the in-process deliverable is considered probable and substantially in our control. While determining fair value and identifying separate deliverables require judgment, generally fair value and the separate deliverables are readily identifiable as we also sell those deliverables unaccompanied by other deliverables.

Revenues recognized in excess of billings are recorded as Unbilled services. Billings in excess of revenues recognized are recorded as Deferred revenues until revenue recognition criteria are met. Client prepayments (even if nonrefundable) are deferred and recognized over future periods as services are delivered or performed.

Our consulting revenues are affected by the number of work days in a fiscal quarter, which in turn is affected by the level of vacation days and holidays. Consequently, since our first and third quarters typically have approximately 5-10% more work days than our second and fourth quarters, our consulting revenues are typically higher in our first and third quarters than in our second and fourth quarters.

Net revenues include the margin earned on computer hardware, software and related services resale contracts, as well as revenues from alliance agreements, neither of which is material to us. Reimbursements include billings for travel and other out-of-pocket expenses and third-party costs, such as the cost of hardware, software and related services resales. In addition, Reimbursements include allocations from gross billings to record an amount equivalent to reimbursable costs, where billings do not specifically identify reimbursable expenses. We report revenues net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue-producing transactions.

Income Taxes

On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Tax Act”), which significantly changed U.S. tax law. The Tax Act lowered the U.S. statutory federal income tax rate from 35% to 21%, effective January 1, 2018, resulting in a blended U.S. statutory federal income tax rate of 25.7% for our fiscal year ended August 31, 2018. The Tax Act could modestly impact our ongoing effective tax rate by imposing taxes on our intercompany transactions and limiting our ability to deduct certain expenses.

Due to the recent enactment and the complexity involved in applying the provisions of the Tax Act, we had previously recorded provisional amounts in our financial statements. In the three months ended February 28, 2018, we recognized a provisional tax expense of $136,724 primarily to remeasure our net deferred tax assets at the new, lower rates. In the three months ended May 31, 2018, we recorded an adjustment of $40,927 to our provisional tax expense resulting from our continued analysis of the Tax Act. While we now consider our analysis of these items under the Tax Act to be complete, we have not yet made an accounting policy election to consider the taxes on our intercompany transactions in determining the amount of our valuation allowance. The election may materially impact our provision for income taxes and effective tax rate in the period in which the election is made.

Determining the consolidated provision for income tax expense, income tax liabilities and deferred tax assets and liabilities involves judgment. Deferred tax assets and liabilities, measured using enacted tax rates, are recognized for the future tax consequences of temporary differences between the tax and financial statement bases of assets and liabilities. As a global company, we calculate and provide for income taxes in each of the tax jurisdictions in which we operate. This involves estimating current tax exposures in each jurisdiction as well as making judgments regarding the recoverability of deferred tax assets. Tax exposures can involve complex issues and may require an extended period to resolve. In assessing the realizability of deferred tax assets, we consider whether it is more likely than not that some portion or all of the deferred tax assets will not be realized and adjust the valuation allowances accordingly. Factors considered in making this determination include the period of expiration of the tax asset, planned use of the tax asset, tax planning strategies and historical and projected taxable income as well as tax liabilities for the tax jurisdiction in which the tax asset is located. Valuation allowances will be subject to change in each future reporting period as a result of changes in one or more of these factors. Changes in the geographic mix or estimated level of annual income before taxes can affect the overall effective tax rate.

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We apply an estimated annual effective tax rate to our quarterly operating results to determine the interim provision for income tax expense. A change in judgment that impacts the measurement of a tax position taken in a prior year is recognized as a discrete item in the interim period in which the change occurs. In the event there is a significant unusual or infrequent item recognized in our quarterly operating results, the tax attributable to that item is recorded in the interim period in which it occurs.

No taxes have been provided on undistributed foreign earnings that are planned to be indefinitely reinvested. If future events, including material changes in estimates of cash, working capital and long-term investment requirements, necessitate that these earnings be distributed, an additional provision for taxes may apply, which could materially affect our future effective tax rate. We currently do not foresee any event that would require us to distribute any remaining undistributed earnings. For additional information, see Note 9 (Income Taxes) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

As a matter of course, we are regularly audited by various taxing authorities, and sometimes these audits result in proposed assessments where the ultimate resolution may result in us owing additional taxes. We establish tax liabilities or reduce tax assets when, despite our belief that our tax return positions are appropriate and supportable under local tax law, we believe we may not succeed in realizing the tax benefit of certain positions if challenged. In evaluating a tax position, we determine whether it is more likely than not that the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Our estimate of the ultimate tax liability contains assumptions based on past experiences, judgments about potential actions by taxing jurisdictions as well as judgments about the likely outcome of issues that have been raised by taxing jurisdictions. The tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon settlement. We evaluate tax positions each quarter and adjust the related tax liabilities or assets in light of changing facts and circumstances, such as the progress of a tax audit or the expiration of a statute of limitations. We believe the estimates and assumptions used to support our evaluation of tax positions are reasonable. However, final determinations of prior-year tax liabilities, either by settlement with tax authorities or expiration of statutes of limitations, could be materially different from estimates reflected in assets and liabilities and historical income tax provisions. The outcome of these final determinations could have a material effect on our income tax provision, net income, or cash flows in the period in which that determination is made. We believe our tax positions comply with applicable tax law and that we have adequately accounted for these positions.

Revenues by Segment/Operating Group

Our five reportable operating segments are our operating groups, which are Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources. In addition to reporting net revenues by operating group, we also report net revenues by two types of work: consulting and outsourcing, which represent the services sold by our operating groups. Consulting net revenues, which include strategy, management and technology consulting and systems integration, reflect a finite, distinct project or set of projects with a defined outcome and typically a defined set of specific deliverables. Outsourcing net revenues typically reflect ongoing, repeatable services or capabilities provided to transition, run and/or manage operations of client systems or business functions.

From time to time, our operating groups work together to sell and implement certain contracts. The resulting revenues and costs from these contracts may be apportioned among the participating operating groups. Generally, operating expenses for each operating group have similar characteristics and are subject to the same factors, pressures and challenges. However, the economic environment and its effects on the industries served by our operating groups affect revenues and operating expenses within our operating groups to differing degrees. The mix between consulting and outsourcing is not uniform among our operating groups. Local currency fluctuations also tend to affect our operating groups differently, depending on the geographic concentrations and locations of their businesses.

While we provide discussion about our results of operations below, we cannot measure how much of our revenue growth in a particular period is attributable to changes in price or volume. Management does not track standard measures of unit or rate volume. Instead, our measures of volume and price are extremely complex, as each of our services contracts is unique, reflecting a customized mix of specific services that does not fit into standard comparability measurements. Revenue for our services is a function of the nature of each service to be provided, the skills required and the outcome sought, as well as estimated cost, risk, contract terms and other factors.

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Results of Operations for Fiscal 2018 Compared to Fiscal 2017

Net revenues (by operating group, geographic region and type of work) and reimbursements were as follows:

	Fiscal				Percent Increase U.S. Dollars		Percent Increase Local Currency		Percent of Total Net Revenues for Fiscal
	2018		2017						2018		2017
	(in millions of U.S. dollars)
OPERATING GROUPS
Communications, Media & Technology	$	8,031	$	6,885	17	%	14	%	20	%	20	%
Financial Services	8,238		7,394		11		7		21		21
Health & Public Service	6,688		6,178		8		7		17		18
Products	10,854		9,500		14		11		28		27
Resources	5,657		4,847		17		13		14		14
Other	105		46		n/m		n/m		—		—
TOTAL NET REVENUES	39,573		34,850		13.5	%	10.5	%	100	%	100	%
Reimbursements	2,030		1,915		6
TOTAL REVENUES	$	41,603	$	36,765	13	%
GEOGRAPHIC REGIONS (1)
North America	$	17,849	$	16,291	10	%	9	%	45	%	47	%
Europe	14,112		12,002		18		9		36		34
Growth Markets	7,613		6,557		16		16		19		19
TOTAL NET REVENUES	$	39,573	$	34,850	13.5	%	10.5	%	100	%	100	%
TYPE OF WORK
Consulting	$	21,574	$	18,754	15	%	12	%	55	%	54	%
Outsourcing	17,999		16,096		12		9		45		46
TOTAL NET REVENUES	$	39,573	$	34,850	13.5	%	10.5	%	100	%	100	%

_______________ 

n/m = not meaningful

Amounts in table may not total due to rounding.

(1) Effective September 1, 2017, we revised the reporting of our geographic regions as follows: North America (the United States and Canada), Europe and Growth Markets (Asia Pacific, Latin America, Africa and the Middle East). Four countries, including Russia, were previously in Growth Markets, but are now included in Europe. Prior period amounts have been reclassified to conform to the current period presentation.

Our business in the United States represented 43%, 45% and 46% of our consolidated net revenues during fiscal2018, 2017 and 2016, respectively. No other country individually comprised 10% or more of our consolidated net revenues during these periods.

Net Revenues

The following net revenues commentary discusses local currency net revenue changes for fiscal 2018 compared to fiscal 2017:

Operating Groups

• Communications, Media & Technology net revenues increased 14% in local currency, driven by growth across all geographic regions in Software & Platforms and Communications & Media, led by Software & Platforms in North America.

• Financial Services net revenues increased 7% in local currency, driven by growth across all industry groups and geographic regions, led by Banking & Capital Markets in Europe and Growth Markets.

• Health & Public Service net revenues increased 7% in local currency, driven by growth in Public Service across all geographic regions and Health in North America.

• Products net revenues increased 11% in local currency, driven by growth across all geographic regions, in Consumer Goods, Retail & Travel Services and Industrial.

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• Resources net revenues increased 13% in local currency, driven by growth across all industry groups and geographic regions led by Chemicals & Natural Resources and Energy.

Geographic Regions

• North America net revenues increased 9% in local currency, driven by the United States.

• Europe net revenues increased 9% in local currency, driven by Germany, Italy, France, Ireland and Spain.

• Growth Markets net revenues increased 16% in local currency, led by Japan, as well as Australia, Brazil, and Singapore.

Operating Expenses

Operating expenses for fiscal 2018 increased $3,630 million, or 11%, over fiscal 2017, and decreased as a percentage of revenues to 86.0% from 87.4% during this period. Operating expenses before reimbursable expenses forfiscal 2018 increased $3,515 million, or 12%, over fiscal 2017, and decreased as a percentage of net revenues to 85.2% from 86.7% during this period.

Cost of Services

Cost of services for fiscal 2018 increased $3,426 million, or 13%, over fiscal 2017, and increased as a percentage of revenues to 70.1% from 70.0% during this period. Cost of services before reimbursable expenses for fiscal 2018increased $3,311 million, or 14%, over fiscal 2017, and increased as a percentage of net revenues to 68.6% from 68.3%during this period. Gross margin for fiscal 2018 decreased to 31.4% from 31.7% in fiscal 2017. The decrease in gross margin for fiscal 2018 was principally due to higher labor costs compared to fiscal 2017, partially offset by other cost efficiencies in fiscal 2018.

Sales and Marketing

Sales and marketing expense for fiscal 2018 increased $444 million, or 12%, over fiscal 2017, and decreased as a percentage of net revenues to 10.6% from 10.8% during this period.

General and Administrative Costs

General and administrative costs for fiscal 2018 increased $270 million, or 13%, over fiscal 2017, and remained flat as a percentage of net revenues at 6.1% during this period.

Pension Settlement Charge

We recorded a pension settlement charge of $510 million during fiscal 2017 as a result of the termination of our U.S. pension plan. For additional information, see Note 10 (Retirement and Profit Sharing Plans) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

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Operating Income and Operating Margin

Operating income for fiscal 2018 increased $1,208 million, or 26%, over fiscal 2017. The pension settlement charge decreased operating margin in fiscal 2017 by 150 basis points. Excluding the effect of this charge, operating margin for fiscal 2018 was 14.8%, flat with fiscal 2017.

Operating income and operating margin for each of the operating groups were as follows:

	Fiscal
	2018				2017
	Operating Income		Operating Margin		Operating Income			Operating Margin		Increase (Decrease)
	(in millions of U.S. dollars)
Communications, Media & Technology	$	1,368	17	%	$	1,049		15	%	$	319
Financial Services	1,353		16		1,207			16		145
Health & Public Service	756		11		773			13		(17		)
Products	1,650		15		1,559			16		91
Resources	715		13		555			11		160
Pension Settlement Charge (1)	—		—		(510		)	—		510
Operating Income (GAAP)	$	5,841	14.8	%	$	4,633		13.3	%	$	1,208
Pension Settlement Charge (1)	—				510					(510		)
Adjusted Operating Income (non-GAAP)	$	5,841	14.8	%	$	5,142		14.8	%	$	699

_______________ 

Amounts in table may not total due to rounding.

(1) Represents the pension settlement charge related to the termination of our U.S. pension plan.

We estimate that the aggregate percentage impact of foreign currency exchange rates on our operating income during fiscal 2018 was similar to that disclosed for net revenue. The commentary below provides insight into other factors affecting operating group performance and operating margin for fiscal 2018 compared with fiscal 2017:

• Communications, Media & Technology operating income increased primarily due to revenue growth and higher contract profitability.

• Financial Services operating income increased primarily due to consulting revenue growth.

• Health & Public Service operating income decreased primarily due to lower consulting contract profitability.

• Products operating income increased primarily due to revenue growth, partially offset by lower consulting contract profitability.

• Resources operating income increased primarily due to revenue growth.

Other Income (Expense), net

Other income (expense), net primarily consists of foreign currency gains and losses as well as gains and losses associated with our investments in privately held companies. During fiscal 2018, other expense increased $31 million over fiscal 2017, primarily due to higher net foreign exchange losses.

Provision for Income Taxes

The effective tax rate for fiscal 2018 was 27.4%, compared with 21.3% for fiscal 2017. In fiscal 2018, we recorded a $258 million charge associated with tax law changes. Absent this charge, our effective tax rate for fiscal 2018 would have been 23.0%. Absent the pension settlement charge of $510 million and related tax impact of $198 million, the effective tax rate for fiscal 2017 would have been 23.0%. For additional information, see Note 9 (Income Taxes) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

In addition, as described in Note 1 (Summary of Significant Accounting Policies), beginning in fiscal 2019 we will recognize incremental income tax expense as a result of adoption of ASU 2016-16.

Net Income Attributable to Noncontrolling Interests

Net income attributable to noncontrolling interests reflects the income earned or expense incurred attributable to the equity interest that some current and former members of Accenture Leadership and their permitted transferees have in our Accenture Holdings plc and Accenture Canada Holdings Inc. subsidiaries. See “Business—Organizational

36

Structure.” Noncontrolling interests also includes amounts primarily attributable to noncontrolling shareholders in our Avanade Inc. subsidiary. Net income attributable to Accenture plc represents the income attributable to the shareholders of Accenture plc.

Net income attributable to noncontrolling interests for fiscal 2018 decreased $35 million, or 18%, from fiscal 2017, primarily due to the Accenture Holdings plc merger with and into Accenture plc on March 13, 2018, which decreased the non-controlling ownership percentage from 4% held by Accenture Holdings plc and Accenture Canada Holdings Inc. to less than 1% held by only Accenture Canada Holdings Inc. For additional information on the merger, see Note 1 (Summary of Significant Accounting Policies) to our Consolidated Financial Statements under Item 8,“Financial Statements and Supplementary Data.”.

Earnings Per Share

Diluted earnings per share were $6.34 for fiscal 2018, compared with $5.44 for fiscal 2017. The $0.90 increase in our diluted earnings per share included the impact of the tax law changes, which decreased diluted earnings per share for fiscal 2018 by $0.40. The impact of the pension settlement charge, net of taxes, decreased diluted earnings per share for fiscal 2017 by $0.47. Excluding these impacts, diluted earnings per share would have been $6.74 and $5.91 for fiscal 2018 and 2017, respectively, an increase of $0.83. This increase was due to increases of $0.82 from higher revenues and operating results and $0.05 from lower weighted average shares outstanding, partially offset by decreases of $0.02 from lower non-operating income and $0.02 from higher net income attributable to non-controlling interest. For information regarding our earnings per share calculations, see Note 2 (Earnings Per Share) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

37

Results of Operations for Fiscal 2017 Compared to Fiscal 2016

Net revenues (by operating group, geographic region and type of work) and reimbursements were as follows:

	Fiscal				Percent Increase U.S. Dollars		Percent Increase Local Currency		Percent of Total Net Revenues for Fiscal
	2017		2016						2017		2016
	(in millions of U.S. dollars)
OPERATING GROUPS
Communications, Media & Technology	$	6,885	$	6,616	4	%	4	%	20	%	20	%
Financial Services	7,394		7,031		5		7		21		21
Health & Public Service	6,178		5,987		3		3		18		18
Products	9,500		8,395		13		14		27		26
Resources	4,847		4,839		—		1		14		15
Other	46		15		n/m		n/m		—		—
TOTAL NET REVENUES	34,850		32,883		6	%	7	%	100	%	100	%
Reimbursements	1,915		1,915		—
TOTAL REVENUES	$	36,765	$	34,798	6	%
GEOGRAPHIC REGIONS (1)
North America	$	16,291	$	15,653	4	%	4	%	47	%	48	%
Europe	12,002		11,512		4		8		34		35
Growth Markets	6,557		5,717		15		12		19		17
TOTAL NET REVENUES	$	34,850	$	32,883	6	%	7	%	100	%	100	%
TYPE OF WORK
Consulting	$	18,754	$	17,868	5	%	6	%	54	%	54	%
Outsourcing	16,096		15,015		7		8		46		46
TOTAL NET REVENUES	$	34,850	$	32,883	6	%	7	%	100	%	100	%

_______________ 

n/m = not meaningful

Amounts in table may not total due to rounding.

(1) Effective September 1, 2017, we revised the reporting of our geographic regions as follows: North America (the United States and Canada), Europe and Growth Markets (Asia Pacific, Latin America, Africa and the Middle East). Four countries, including Russia, were previously in Growth Markets, but are now included in Europe. Prior period amounts have been reclassified to conform to the current period presentation.

Net Revenues

The following net revenues commentary discusses local currency net revenue changes for fiscal 2017 compared to fiscal 2016:

Operating Groups

• Communications, Media & Technology net revenues increased 4% in local currency, led by Software & Platforms in North America, as well as growth across all industry groups in Growth Markets. This growth was partially offset by a decline in Communications & Media in Europe, as disruptions in the market continue to impact demand.

• Financial Services net revenues increased 7% in local currency, led by Banking & Capital Markets in Europe and Growth Markets.

• Health & Public Service net revenues increased 3% in local currency, driven by Public Service in Growth Markets and Europe.

• Products net revenues increased 14% in local currency, driven by very strong growth across all industry groups and geographic regions, led by Consumer Goods, Retail & Travel Services, as well as Life Sciences in North America and Industrial in Europe.

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• Resources net revenues increased 1% in local currency, led by Utilities in Europe, partially offset by declines in Energy across all geographic regions.

Geographic Regions

• North America net revenues increased 4% in local currency, driven by the United States.

• Europe net revenues increased 8% in local currency, led by the United Kingdom and Germany, as well as France, Spain and Switzerland.

• Growth Markets net revenues increased 12% in local currency, led by Japan, as well as Australia, Singapore and China.

Operating Expenses

Operating expenses for fiscal 2017 increased $2,146 million, or 7%, over fiscal 2016, and increased as a percentage of revenues to 87.4% from 86.2% during this period. Operating expenses before reimbursable expenses for fiscal 2017 increased $2,145 million, or 8%, over fiscal 2016, and increased as a percentage of net revenues to 86.7% from 85.4% during this period.

Cost of Services

Cost of services for fiscal 2017 increased $1,215 million, or 5%, over fiscal 2016, and decreased as a percentage of revenues to 70.0% from 70.5% during this period. Cost of services before reimbursable expenses for fiscal 2017 increased $1,214 million, or 5%, over fiscal 2016, and decreased as a percentage of net revenues to 68.3% from 68.7% during this period. Gross margin for fiscal 2017 increased to 31.7% from 31.3% in fiscal 2016. The increase in gross margin for fiscal 2017 was principally due to lower labor costs as a percentage of net revenues, compared to fiscal 2016.

Sales and Marketing

Sales and marketing expense for fiscal 2017 increased $174 million, or 5%, over fiscal 2016, and decreased as a percentage of net revenues to 10.8% from 10.9% during this period.

General and Administrative Costs

General and administrative costs for fiscal 2017 increased $247 million, or 13%, over fiscal 2016, and increased as a percentage of net revenues to 6.1% from 5.7% during this period. The increase as a percentage of net revenues was principally due to higher technology and facilities costs, as well as higher acquisition-related costs.

Pension Settlement Charge

We recorded a pension settlement charge of $510 million during fiscal 2017 as a result of the termination of our U.S. pension plan. For additional information, see Note 10 (Retirement and Profit Sharing Plans) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

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Operating Income and Operating Margin

Operating income for fiscal 2017 decreased $178 million, or 4%, from fiscal 2016. The pension settlement charge decreased operating margin by 150 basis points. Excluding the effect of this charge, operating margin for fiscal 2017 increased 20 basis points compared with fiscal 2016.

Operating income and operating margin for each of the operating groups were as follows:

	Fiscal
	2017					2016
	Operating Income			Operating Margin		Operating Income		Operating Margin		Increase (Decrease)
	(in millions of U.S. dollars)
Communications, Media & Technology	$	1,049		15	%	$	966	15	%	$	83
Financial Services	1,207			16		1,128		16		80
Health & Public Service	773			13		807		13		(34		)
Products	1,559			16		1,282		15		276
Resources	555			11		628		13		(73		)
Pension Settlement Charge (1)	(510		)	—		—		—		(510		)
Operating Income (GAAP)	$	4,633		13.3	%	$	4,810	14.6	%	$	(178	)
Pension Settlement Charge (1)	510					—				510
Adjusted Operating Income (non-GAAP)	$	5,142		14.8	%	$	4,810	14.6	%	$	332

_______________ 

Amounts in table may not total due to rounding.

(1) Represents pension settlement charge related to the termination of our U.S. pension plan.

We estimate that the aggregate percentage impact of foreign currency exchange rates on our operating income during fiscal 2017 was similar to that disclosed for net revenue. In addition, during fiscal 2017, each operating group experienced higher costs associated with acquisition activity. The commentary below provides insight into other factors affecting operating group performance and operating margin for fiscal 2017 compared with fiscal 2016:

• Communications, Media & Technology operating income increased primarily due to revenue growth.

• Financial Services operating income increased primarily due to revenue growth.

• Health & Public Service operating income decreased primarily due to lower outsourcing contract profitability and a decline in consulting revenues.

• Products operating income increased principally due to very strong revenue growth, as well as higher consulting contract profitability.

• Resources operating income decreased due to lower consulting contract profitability and a decline in consulting revenue.

Other Income (Expense), net

Other income (expense), net primarily consists of foreign currency gains and losses as well as gains and losses associated with our investments in privately held companies. During fiscal 2017, other expense decreased $31 million from fiscal 2016, primarily due to lower net foreign exchange losses.

Gain (Loss) on Sale of Businesses

We recorded a gain from the Navitaire divestiture of $548 million and a gain from the Duck Creek partial divestiture of $301 million during fiscal 2016. For additional information, see Note 5 (Business Combinations and Divestitures) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

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Provision for Income Taxes

The effective tax rate for fiscal 2017 was 21.3%, compared with 22.4% for fiscal 2016. Absent the pension settlement charge of $510 million and related tax impact of $198 million, the effective tax rate for fiscal 2017 would have been 23.0%. Absent the gain on sale of businesses of $849 million and related tax impact of $104 million, the effective tax rate for fiscal 2016 would have been 24.2%. The effective tax rate for fiscal 2017 benefited from the final determination of prior-year U.S. taxes, other adjustments to prior year tax liabilities, and the recognition of excess tax benefits from share based payments as a result of our adoption of ASU No. 2016-09. This was partially offset by a net increase to prior-year non-U.S. tax liabilities, primarily related to a final assessment of prior-year taxes in Switzerland. The fiscal 2016 effective tax rate also benefited from the final determination of prior-year U.S. taxes.

Net Income Attributable to Noncontrolling Interests

Net income attributable to noncontrolling interests reflects the income earned or expense incurred attributable to the equity interest that some current and former members of Accenture Leadership and their permitted transferees have in Accenture Canada Holdings Inc., and prior to March 13, 2018, Accenture Holdings plc. See “Business—Organizational Structure and History.” Net income attributable to Accenture plc represents the income attributable to the shareholders of Accenture plc. Noncontrolling interests also includes amounts primarily attributable to noncontrolling shareholders in our Avanade Inc. subsidiary.

Net income attributable to noncontrolling interests for fiscal 2017 decreased $48 million, or 20%, from fiscal 2016. The decrease was due to lower net income of $715 million, primarily driven by the pension settlement charge recorded during fiscal 2017 as well as the gain on sale of businesses recorded during fiscal 2016.

Earnings Per Share

Diluted earnings per share were $5.44 for fiscal 2017, compared with $6.45 for fiscal 2016. The $1.01 decrease in our diluted earnings per share included both the impact of the pension settlement charge, net of taxes, which decreased diluted earnings per share for fiscal 2017 by $0.47 and the impact of the gain on sale of businesses, net of taxes, which increased diluted earnings per share for fiscal 2016 by $1.11. Excluding these impacts, diluted earnings per share would have been $5.91 and $5.34 for fiscal 2017 and 2016, respectively, an increase of $0.57 due to increases of $0.38 from higher revenues and operating results, $0.09 from a lower effective tax rate, $0.06 from lower weighted average shares outstanding and $0.04 from lower non-operating expense. For information regarding our earnings per share calculations, see Note 2 (Earnings Per Share) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

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Liquidity and Capital Resources

Our primary sources of liquidity are cash flows from operations, available cash reserves and debt capacity available under various credit facilities. In the fourth quarter of fiscal 2017, we entered into agreements that will allow us to establish a commercial paper program for short-term borrowings of up to $1.0 billion, backed by our syndicated loan facility. In addition, we could raise additional funds through otherpublic or private debt or equity financings. We may use our available or additional funds to, among other things:

• facilitate purchases, redemptions and exchanges of shares and pay dividends;

• acquire complementary businesses or technologies;

• take advantage of opportunities, including more rapid expansion; or

• develop new services and solutions.

As of August 31, 2018, Cash and cash equivalents were $5.1 billion, compared with $4.1 billion as of August 31, 2017.

Cash flows from operating, investing and financing activities, as reflected in our Consolidated Cash Flows Statements, are summarized in the following table:

	Fiscal
	2018			2017			2016			2018 to 2017 Change
	(in millions of U.S. dollars)
Net cash provided by (used in):
Operating activities	$	6,027		$	4,973		$	4,667		$	1,054
Investing activities	(1,250		)	(2,234		)	(610		)	984
Financing activities	(3,709		)	(3,560		)	(3,489		)	(149		)
Effect of exchange rate changes on cash and cash equivalents	(134		)	42			(23		)	(176		)
Net increase (decrease) in cash and cash equivalents	$	934		$	(779	)	$	545		$	1,713

Operating activities:The $1,054 million year-over-year increase in operating cash flow was due to higher net income and lower tax disbursements, as well as changes in operating assets and liabilities, including lower spending on certain compensation payments.

Investing activities:Cash used in investing activities decreased $984 million due to lower spending on business acquisitions and investments, partially offset by higher spending on property and equipment. For additional information, see Note 5 (Business Combinations and Divestitures) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Financing activities:The $149 million increase in cash used was primarily due to an increase in cash dividends paid as well as the purchase of additional interests in consolidated subsidiaries. For additional information, see Note 13 (Material Transactions Affecting Shareholders’ Equity) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

We believe that our current and longer-term working capital, investments and other general corporate funding requirements will be satisfied for the next twelve months and thereafter through cash flows from operations and, to the extent necessary, from our borrowing facilities and future financial market activities.

Substantially all of our cash is held in jurisdictions where there are no regulatory restrictions or material tax effects on the free flow of funds. In addition, domestic cash inflows for our Irish parent, principally dividend distributions from lower-tier subsidiaries, have been sufficient to meet our historic cash requirements, and we expect this to continue into the future.

Borrowing Facilities

See Note 8 (Borrowings and Indebtedness) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Share Purchases and Redemptions

We intend to continue to use a significant portion of cash generated from operations for share repurchases during fiscal 2019. The number of shares ultimately repurchased under our open-market share purchase program may vary depending on numerous factors, including, without limitation, share price and other market conditions,our ongoing

42

capital allocation planning, the levels of cash and debt balances, other demands for cash, such as acquisition activity, general economic and/or business conditions, and board and management discretion. Additionally, as these factors may change over the course of the year, the amount of share repurchase activity during any particular period cannot be predicted and may fluctuate from time to time. Share repurchases may be made from time to time through open-market purchases, in respect of purchases and redemptions of Accenture Canada Holdings Inc. exchangeable shares, through the use of Rule 10b5-1 plans and/or by other means. The repurchase program may be accelerated, suspended, delayed or discontinued at any time, without notice. For additional information, see Note 13 (Material Transactions Affecting Shareholders’ Equity) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Subsequent Events

See Note 13 (Material Transactions Affecting Shareholders’ Equity) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

Obligations and Commitments

As of August 31, 2018, we had the following obligations and commitments to make future payments under contracts, contractual obligations and commercial commitments:

	Payments due by period
Contractual Cash Obligations (1)	Total		Less than 1 year		1-3 years		3-5 years		More than 5 years
	(in millions of U.S. dollars)
Long-term debt	$	25	$	5	$	9	$	11	$	—
Operating leases	3,651		598		1,018		750		1,286
Retirement obligations (2)	100		11		22		20		47
Purchase obligations and other commitments (3)	184		64		97		23		—
Total	$	3,960	$	678	$	1,146	$	804	$	1,333

_______________ 

Amounts in table may not total due to rounding.

(1) The liability related to unrecognized tax benefits has been excluded from the contractual obligations table because a reasonable estimate of the timing and amount of cash outflows from future tax settlements cannot be determined. For additional information, see Note 9 (Income Taxes) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

(2) Amounts represent projected payments under certain unfunded retirement plans for former pre-incorporation partners. Given these plans are unfunded, we pay these benefits directly. These plans were eliminated for active partners after May 15, 2001.

(3) Other commitments include, among other things, information technology, software support and maintenance obligations, as well as other obligations in the ordinary course of business that we cannot cancel or where we would be required to pay a termination fee in the event of cancellation. Amounts shown do not include recourse that we may have to recover termination fees or penalties from clients.

Off-Balance Sheet Arrangements

In the normal course of business and in conjunction with some client engagements, we have entered into contractual arrangements through which we may be obligated to indemnify clients with respect to certain matters. To date, we have not been required to make any significant payment under any of these arrangements. For further discussion of these transactions, see Note 15 (Commitments and Contingencies) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

New Accounting Pronouncements

See Note 1 (Summary of Significant Accounting Policies) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

43

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

All of our market risk sensitive instruments were entered into for purposes other than trading.

Foreign Currency Risk

We are exposed to foreign currency risk in the ordinary course of business. We hedge material cash flow exposures when feasible using forward contracts. These instruments are subject to fluctuations in foreign currency exchange rates and credit risk. Credit risk is managed through careful selection and ongoing evaluation of the financial institutions utilized as counterparties.

Certain of these hedge positions are undesignated hedges of balance sheet exposures such as intercompany loans and typically have maturities of less than one year. These hedges—primarily U.S. dollar/U.K. pound, U.S. dollar/Japanese yen, U.S. dollar/Euro, U.S. dollar/Indian rupee, U.S. dollar/Swiss franc, U.S. dollar/Australian dollar, U.S. dollar/Philippine peso and U.S. dollar/Swedish krona—are intended to offset remeasurement of the underlying assets and liabilities. Changes in the fair value of these derivatives are recorded in Other expense, net in the Consolidated Income Statement. Additionally, we have hedge positions that are designated cash flow hedges of certain intercompany charges relating to our global delivery model. These hedges—U.S. dollar/Indian rupee, U.S. dollar/Philippine peso, U.K. pound/Indian rupee, Euro/Indian rupee, Australian dollar/Indian rupee and Japanese yen/Chinese yuan, which typically have maturities not exceeding three years—are intended to partially offset the impact of foreign currency movements on future costs relating to our global delivery resources. For additional information, see Note 7 (Derivative Financial Instruments) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

For designated cash flow hedges, gains and losses currently recorded in Accumulated other comprehensive loss are expected to be reclassified into earnings at the time when certain anticipated intercompany charges are accrued as Cost of services. As of August 31, 2018, it was anticipated that approximately $21 million of net losses, net of tax, currently recorded in Accumulated other comprehensive loss will be reclassified into Cost of services within the next 12 months.

We use sensitivity analysis to determine the effects that market foreign currency exchange rate fluctuations may have on the fair value of our hedge portfolio. The sensitivity of the hedge portfolio is computed based on the market value of future cash flows as affected by changes in exchange rates. This sensitivity analysis represents the hypothetical changes in value of the hedge position and does not reflect the offsetting gain or loss on the underlying exposure. A 10% change in the levels of foreign currency exchange rates against the U.S. dollar (or other base currency of the hedge if not a U.S. dollar hedge) with all other variables held constant would have resulted in a change in the fair value of our hedge instruments of approximately $483 million and $494 million as of August 31, 2018 and 2017, respectively.

Interest Rate Risk

The interest rate risk associated with our borrowing and investing activities as of August 31, 2018 is not material in relation to our consolidated financial position, results of operations or cash flows. While we may do so in the future, we have not used derivative financial instruments to alter the interest rate characteristics of our investment holdings or debt instruments.

Other Market Risk

The privately held companies in which we invest are often in a start-up or development stage, which is inherently risky. The technologies or products these companies have under development are typically in the early stages and may never materialize, which could result in a loss of a substantial part of our investment in these companies. The evaluation of privately held companies is based on information that we request from these companies, which is not subject to the same disclosure regulations as U.S. publicly traded companies, and as such, the basis for these evaluations is subject to the timing and accuracy of the data received from these companies. We have minimal exposure on our long-term investments in privately held companies as these investments were not material in relation to our consolidated financial position, results of operations or cash flows as of August 31, 2018.

Equity Price Risk

The equity price risk associated with our marketable equity securities that are subject to market price volatility is not material in relation to our consolidated financial position, results of operations or cash flows.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

See the Index to Consolidated Financial Statements and financial statements commencing on page F-1, which are incorporated herein by reference.

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our principal executive officer and our principal financial officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. Based on that evaluation, the principal executive officer and the principal financial officer of Accenture plc have concluded that, as of the end of the period covered by this report, our disclosure controls and procedures were effective at the reasonable assurance level.

Management’s Annual Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Internal control over financial reporting includes those policies and procedures that:

i. pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of our assets;

ii. provide reasonable assurance that the transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of management and our Board of Directors; and

iii. provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements.

Due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate due to changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of the effectiveness of our internal control over financial reporting using the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control—Integrated Framework (2013). Based on its evaluation, our management concluded that our internal control over financial reporting was effective as of the end of the fiscal year covered by this Annual Report on Form 10-K.

KPMG LLP, an independent registered public accounting firm, has audited the Consolidated Financial Statements included in this Annual Report on Form 10-K and, as part of their audit, has issued its attestation report, included herein, on the effectiveness of our internal control over financial reporting. See “Report of Independent Registered Public Accounting Firm” on page F-2.

Changes in Internal Control over Financial Reporting

There has been no change in our internal control over financial reporting that occurred during the fourth quarter of fiscal 2018 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

ITEM 9B. OTHER INFORMATION

None.

45

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

There have been no material changes to the procedures by which security holders may recommend nominees to our Board of Directors from those described in the proxy statement for our Annual General Meeting of Shareholders filed with the SEC on December 15, 2017.

Information about our executive officers is contained in the discussion entitled “Executive Officers of the Registrant” in Part I of this Form 10-K. The remaining information called for by Item 10 will be included in the sections captioned “Re-Appointment of Directors,” “Corporate Governance” and “Beneficial Ownership” included in the definitive proxy statement relating to the 2019 Annual General Meeting of Shareholders of Accenture plc to be held on February 1, 2019 and is incorporated herein by reference. Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our 2018 fiscal year covered by this Form 10-K.

ITEM 11. EXECUTIVE COMPENSATION

The information called for by Item 11 will be included in the sections captioned “Executive Compensation” and “Director Compensation” included in the definitive proxy statement relating to the 2019 Annual General Meeting of Shareholders of Accenture plc to be held on February 1, 2019 and is incorporated herein by reference. Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our 2018 fiscal year covered by this Form 10-K.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED SHAREHOLDER MATTERS

Securities Authorized for Issuance under Equity Compensation Plans

The following table sets forth, as of August 31, 2018, certain information related to our compensation plans under which Accenture plc Class A ordinary shares may be issued.

Plan Category	Number of Shares to be Issued Upon Exercise of Outstanding Options, Warrants and Rights		Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights		Number of Shares Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in 1st Column)
Equity compensation plans approved by shareholders:
2001 Share Incentive Plan	89,613	(1)	$	35.6484	—
Amended and Restated 2010 Share Incentive Plan	19,599,715	(2)	48.1050		24,266,070
Amended and Restated 2010 Employee Share Purchase Plan	—		N/A		35,888,092
Equity compensation plans not approved by shareholders	—		N/A		—
Total	19,689,328				60,154,162

_______________

(1) Consists of 81,090 restricted share units and 8,523 stock options.

(2) Consists of 19,595,964 restricted share units and 3,751 stock options.

The remaining information called for by Item 12 will be included in the section captioned “Beneficial Ownership” included in the definitive proxy statement relating to the 2019 Annual General Meeting of Shareholders of Accenture plc to be held on February 1, 2019 and is incorporated herein by reference. Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our 2018 fiscal year covered by this Form 10-K.

46

ITEM 13.    CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

The information called for by Item 13 will be included in the section captioned “Corporate Governance” included in the definitive proxy statement relating to the 2019 Annual General Meeting of Shareholders of Accenture plc to be held on February 1, 2019 and is incorporated herein by reference. Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our 2018 fiscal year covered by this Form 10-K.

ITEM 14.    PRINCIPAL ACCOUNTANT FEES AND SERVICES

The information called for by Item 14 will be included in the section captioned “Audit” included in the definitive proxy statement relating to the 2019 Annual General Meeting of Shareholders of Accenture plc to be held on February 1, 2019 and is incorporated herein by reference. Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our 2018 fiscal year covered by this Form 10-K.

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PART IV

ITEM 15.    EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a) List of documents filed as part of this report:

1.    Financial Statements as of August 31, 2018 and August 31, 2017 and for the three years ended August 31, 2018—Included in Part II of this Form 10-K:

Consolidated Balance Sheets

Consolidated Income Statements

Consolidated Statements of Comprehensive Income

Consolidated Shareholders’ Equity Statements

Consolidated Cash Flows Statements

Notes to Consolidated Financial Statements

2.    Financial Statement Schedules:

None

3.    Exhibit Index:

Exhibit Number	Exhibit
3.1	Amended and Restated Memorandum and Articles of Association of Accenture plc (incorporated by reference to Exhibit 3.1 to Accenture plc’s 8-K filed on February 7, 2018)
3.2	Certificate of Incorporation of Accenture plc (incorporated by reference to Exhibit 3.2 to Accenture plc’s 8-K12B filed on September 1, 2009 (the “8-K12B”))
10.1	Form of Voting Agreement, dated as of April 18, 2001, among Accenture Ltd and the covered persons party thereto as amended and restated as of February 3, 2005 (incorporated by reference to Exhibit 9.1 to the Accenture Ltd February 28, 2005 10-Q (File No. 001-16565))
10.2	Assumption Agreement of the Amended and Restated Voting Agreement, dated September 1, 2009 (incorporated by reference to Exhibit 10.4 to the 8-K12B)
10.3*	Form of Non-Competition Agreement, dated as of April 18, 2001, among Accenture Ltd and certain employees (incorporated by reference to Exhibit 10.2 to the Accenture Ltd Registration Statement on Form S-1 (File No. 333-59194) filed on April 19, 2001 (the “April 19, 2001 Form S-1”))
10.4	Assumption and General Amendment Agreement between Accenture plc and Accenture Ltd, dated September 1, 2009 (incorporated by reference to Exhibit 10.1 to the 8-K12B)
10.5*	2001 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the Accenture Ltd Registration Statement on Form S-1/A (File No. 333-59194) filed on July 12, 2001)
10.6*	Amended and Restated 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.1 to Accenture plc’s 8-K filed on February 7, 2018)
10.7*	Amended and Restated 2010 Employee Share Purchase Plan (incorporated by reference to Exhibit 10.2 to Accenture plc’s 8-K filed on February 3, 2016)
10.8	Form of Support Agreement, dated as of May 23, 2001, between Accenture Ltd and Accenture Canada Holdings Inc. (incorporated by reference to Exhibit 10.9 to the Accenture Ltd Registration Statement on Form S-1/A  (the “July 2, 2001 Form S-1/A”))
10.9	First Supplemental Agreement to Support Agreement among Accenture plc, Accenture Ltd and Accenture Canada Holdings Inc., dated September 1, 2009 (incorporated by reference to Exhibit 10.2 to the 8-K12B)
10.10*	Employment Agreement between Accenture SAS and Pierre Nanterme dated as of June 20, 2013 (incorporated by reference to Exhibit 10.2 to the May 31, 2013 10-Q)
10.11*	Form of Employment Agreement of executive officers in the United States (incorporated by reference to Exhibit 10.3 to the February 28, 2013 10-Q)
10.12*	Form of Employment Agreement of executive officers in the United Kingdom (incorporated by reference to Exhibit 10.16 to the August 31, 2013 10-K)
10.13*	Form of Employment Agreement of executive officers in Singapore (incorporated by reference to Exhibit 10.17 to the August 31, 2015 10-K)
10.14	Form of Articles of Association of Accenture Canada Holdings Inc. (incorporated by reference to Exhibit 10.11 to the July 2, 2001 Form S-1/A)
10.15	Articles of Amendment to Articles of Association of Accenture Canada Holdings Inc. (incorporated by reference to Exhibit 10.21 to the August 31, 2013 10-K)

48

10.16	Form of Exchange Trust Agreement by and between Accenture Ltd and Accenture Canada Holdings Inc. and CIBC Mellon Trust Company, made as of May 23, 2001 (incorporated by reference to Exhibit 10.12 to the July 2, 2001 Form S-1/A)
10.17	First Supplemental Agreement to Exchange Trust Agreement among Accenture plc, Accenture Ltd, Accenture Canada Holdings Inc. and Accenture Inc., dated September 1, 2009 (incorporated by reference to Exhibit 10.3 to the 8-K12B)
10.18*	Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.2 to the February 28, 2017 10-Q)
10.19*	Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the February 28, 2018 10-Q)
10.20*	Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the February 28, 2017 10-Q)
10.21*	Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.4 to the February 28, 2018 10-Q)
10.22*	Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.4 to the February 28, 2017 10-Q)
10.23*	Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.5 to the February 28, 2018 10-Q)
10.24*	Form of CEO Discretionary Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.6 to the February 28, 2018 10-Q)
10.25*	Form of Director Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to Exhibit 10.7 to the February 28, 2018 10-Q)
10.26*	Accenture LLP Leadership Separation Benefits Plan (incorporated by reference to Exhibit 10.30 to the August 31, 2017 10-K)
10.27*	Description of Global Annual Bonus Plan (incorporated by reference to Exhibit 10.31 to the August 31, 2017 10-K)
10.28*	Form of Indemnification Agreement, between Accenture Inc. and the indemnitee party thereto (filed herewith)
21.1	Subsidiaries of the Registrant (filed herewith)
23.1	Consent of KPMG LLP (filed herewith)
23.2	Consent of KPMG LLP related to the Accenture plc 2010 Employee Share Purchase Plan (filed herewith)
24.1	Power of Attorney (included on the signature page hereto)
31.1	Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith)
31.2	Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith)
32.1	Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith)
32.2	Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith)
99.1	Amended and Restated Accenture plc 2010 Employee Share Purchase Plan Financial Statements (filed herewith)
101	The following financial information from Accenture plc’s Annual Report on Form 10-K for the fiscal year ended August 31, 2018, formatted in XBRL (eXtensible Business Reporting Language): (i) Consolidated Balance Sheets as of August 31, 2018 and August 31, 2017, (ii) Consolidated Income Statements for the years ended August 31, 2018, 2017 and 2016, (iii) Consolidated Statements of Comprehensive Income for the years ended August 31, 2018, 2017 and 2016, (iv) Consolidated Shareholders’ Equity Statement for the years ended August 31, 2018, 2017 and 2016, (v) Consolidated Cash Flows Statements for the years ended August 31, 2018, 2017 and 2016, and (vi) the Notes to Consolidated Financial Statements

49

(*) Indicates management contract or compensatory plan or arrangement.

The agreements and other documents filed as exhibits to this report are not intended to provide factual information or other disclosure other than with respect to the terms of the agreements or other documents themselves, and you should not rely on them for that purpose. In particular, any representations and warranties made by us in these agreements or other documents were made solely within the specific context of the relevant agreement or document and may not describe the actual state of affairs as of the date they were made or at any other time.

ITEM 16.    FORM 10-K SUMMARY

Not applicable.

50

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf on October 24, 2018 by the undersigned, thereunto duly authorized.

ACCENTURE PLC
By:	/s/    PIERRE NANTERME
	Name: Pierre Nanterme Title: Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Pierre Nanterme, David P. Rowland and Joel Unruch, and each of them, as his or her true and lawful attorneys-in-fact and agents, with power to act with or without the others and with full power of substitution and resubstitution, to do any and all acts and things and to execute any and all instruments which said attorneys and agents and each of them may deem necessary or desirable to enable the registrant to comply with the U.S. Securities Exchange Act of 1934, as amended, and any rules, regulations and requirements of the U.S. Securities and Exchange Commission thereunder in connection with the registrant’s Annual Report on Form 10-K for the fiscal year ended August 31, 2018 (the “Annual Report”), including specifically, but without limiting the generality of the foregoing, power and authority to sign the name of the registrant and the name of the undersigned, individually and in his or her capacity as a director or officer of the registrant, to the Annual Report as filed with the U.S. Securities and Exchange Commission, to any and all amendments thereto, and to any and all instruments or documents filed as part thereof or in connection therewith; and each of the undersigned hereby ratifies and confirms all that said attorneys and agents and each of them shall do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below on October 24, 2018 by the following persons on behalf of the registrant and in the capacities indicated.

Signature	Title
/s/    PIERRE NANTERME	Chief Executive Officer, Chairman of the Board and Director
Pierre Nanterme	(principal executive officer)
/s/    DAVID P. ROWLAND	Chief Financial Officer
David P. Rowland	(principal financial officer)
/s/    RICHARD P. CLARK	Chief Accounting Officer
Richard P. Clark	(principal accounting officer)
/s/    JAIME ARDILA	Director
Jaime Ardila
/s/    CHARLES GIANCARLO	Director
Charles Giancarlo

51

/s/    HERBERT HAINER	Director
Herbert Hainer
/s/    MARJORIE MAGNER	Director
Marjorie Magner
/s/NANCY MCKINSTRY	Director
Nancy McKinstry
/s/    GILLES C. PÉLISSON	Director
Gilles C. Pélisson
/s/    PAULA A. PRICE	Director
Paula A. Price
/s/ VENKATA S.M.RENDUCHINTALA	Director
Venkata S.M. Renduchintala
/s/    ARUN SARIN	Director
Arun Sarin
/s/    FRANK K. TANG	Director
Frank K. Tang
/s/    TRACEY T. TRAVIS	Director
Tracey T. Travis

52

ACCENTURE PLC

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

	Page
Report of Independent Registered Public Accounting Firm	F-2
Consolidated Financial Statements as of August 31, 2018 and 2017 and for the years ended August 31, 2018, 2017 and 2016:
Consolidated Balance Sheets	F-4
Consolidated Income Statements	F-5
Consolidated Statements of Comprehensive Income	F-6
Consolidated Shareholders’ Equity Statements	F-7
Consolidated Cash Flows Statements	F-10
Notes to Consolidated Financial Statements	F-11

F- 1

Report of Independent Registered Public Accounting Firm

To the Shareholders and Board of Directors

Accenture plc:

Opinions on the Consolidated Financial Statements and Internal Control Over Financial Reporting

We have audited the accompanying consolidated balance sheets of Accenture plc and its subsidiaries (the Company) as of August 31, 2018 and 2017, the related consolidated statements of income, comprehensive income, shareholders’ equity, and cash flows for each of the years in the three-year period ended August 31, 2018, and the related notes (collectively, the consolidated financial statements). We also have audited the Company’s internal control over financial reporting as of August 31, 2018, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of August 31, 2018 and 2017, and the results of its operations and its cash flows for each of the years in the three-year period ended August 31, 2018, in conformity with U.S. generally accepted accounting principles. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of August 31, 2018, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

Basis for Opinions

The Company’s management is responsible for these consolidated financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management’s Annual Report on Internal Control over Financial Reporting appearing under Item 9A. Our responsibility is to express an opinion on the Company’s consolidated financial statements and an opinion on the Company’s internal control over financial reporting based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud, and whether effective internal control over financial reporting was maintained in all material respects.

Our audits of the consolidated financial statements included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions.

Definition and Limitations of Internal Control Over Financial Reporting

A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

F- 2

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

We have served as the Company’s auditor since 2002.

/s/ KPMG LLP

Chicago, Illinois

October 24, 2018

F- 3

ACCENTURE PLC

CONSOLIDATED BALANCE SHEETS

August 31, 2018 and 2017

(In thousands of U.S. dollars, except share and per share amounts)

	August 31, 2018			August 31, 2017
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	5,061,360		$	4,126,860
Short-term investments	3,192			3,011
Receivables from clients, net	4,996,454			4,569,214
Unbilled services, net	2,499,914			2,316,043
Other current assets	1,024,639			1,082,161
Total current assets	13,585,559			12,097,289
NON-CURRENT ASSETS:
Unbilled services, net	23,036			40,938
Investments	215,532			211,610
Property and equipment, net	1,264,020			1,140,598
Goodwill	5,383,012			5,002,352
Deferred contract costs	705,124			755,871
Deferred income taxes, net	2,086,807			2,214,901
Other non-current assets	1,185,993			1,226,331
Total non-current assets	10,863,524			10,592,601
TOTAL ASSETS	$	24,449,083		$	22,689,890
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt and bank borrowings	$	5,337		$	2,907
Accounts payable	1,348,802			1,525,065
Deferred revenues	2,837,682			2,669,520
Accrued payroll and related benefits	4,569,172			4,060,364
Income taxes payable	497,885			708,485
Other accrued liabilities	892,873			857,938
Total current liabilities	10,151,751			9,824,279
NON-CURRENT LIABILITIES:
Long-term debt	19,676			22,163
Deferred revenues	618,124			663,248
Retirement obligation	1,410,656			1,408,759
Deferred income taxes, net	125,729			137,098
Income taxes payable	956,836			574,780
Other non-current liabilities	441,723			349,363
Total non-current liabilities	3,572,744			3,155,411
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:
Ordinary shares, par value 1.00 euros per share, 40,000 shares authorized and issued as of August 31, 2018 and August 31, 2017	57			57
Class A ordinary shares, par value $0.0000225 per share, 20,000,000,000 shares authorized, 663,327,677 and 638,965,789 shares issued as of August 31, 2018 and August 31, 2017, respectively	15			14
Class X ordinary shares, par value $0.0000225 per share, 1,000,000,000 shares authorized, 655,521 and 20,531,383 shares issued and outstanding as of August 31, 2018 and August 31, 2017, respectively	—			—
Restricted share units	1,234,623			1,095,026
Additional paid-in capital	4,870,764			3,516,399
Treasury shares, at cost: Ordinary, 40,000 shares as of August 31, 2018 and August 31, 2017; Class A ordinary, 24,293,199 and 23,408,811 shares as of August 31, 2018 and August 31, 2017, respectively	(2,116,948		)	(1,649,090		)
Retained earnings	7,952,413			7,081,855
Accumulated other comprehensive loss	(1,576,171		)	(1,094,784		)
Total Accenture plc shareholders’ equity	10,364,753			8,949,477
Noncontrolling interests	359,835			760,723
Total shareholders’ equity	10,724,588			9,710,200
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	24,449,083		$	22,689,890

The accompanying Notes are an integral part of these Consolidated Financial Statements.

F- 4

ACCENTURE PLC

CONSOLIDATED INCOME STATEMENTS

For the Years Ended August 31, 2018, 2017 and 2016

(In thousands of U.S. dollars, except share and per share amounts)

	2018			2017			2016
REVENUES:
Revenues before reimbursements (“Net revenues”)	$	39,573,450		$	34,850,182		$	32,882,723
Reimbursements	2,029,978			1,915,296			1,914,938
Revenues	41,603,428			36,765,478			34,797,661
OPERATING EXPENSES:
Cost of services:
Cost of services before reimbursable expenses	27,130,537			23,819,690			22,605,296
Reimbursable expenses	2,029,978			1,915,296			1,914,938
Cost of services	29,160,515			25,734,986			24,520,234
Sales and marketing	4,198,557			3,754,313			3,580,439
General and administrative costs	2,403,315			2,133,777			1,886,543
Pension settlement charge	—			509,793			—
Total operating expenses	35,762,387			32,132,869			29,987,216
OPERATING INCOME	5,841,041			4,632,609			4,810,445
Interest income	56,337			37,940			30,484
Interest expense	(19,539		)	(15,545		)	(16,258		)
Other income (expense), net	(69,746		)	(38,720		)	(69,922		)
Gain (loss) on sale of businesses	—			(252		)	848,823
INCOME BEFORE INCOME TAXES	5,808,093			4,616,032			5,603,572
Provision for income taxes	1,593,499			981,100			1,253,969
NET INCOME	4,214,594			3,634,932			4,349,603
Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc.	(95,063		)	(149,131		)	(195,560		)
Net income attributable to noncontrolling interests – other	(59,624		)	(40,652		)	(42,151		)
NET INCOME ATTRIBUTABLE TO ACCENTURE PLC	$	4,059,907		$	3,445,149		$	4,111,892
Weighted average Class A ordinary shares:
Basic	628,451,742			620,104,250			624,797,820
Diluted	655,296,150			660,463,227			667,770,274
Earnings per Class A ordinary share:
Basic	$	6.46		$	5.56		$	6.58
Diluted	$	6.34		$	5.44		$	6.45
Cash dividends per share	$	2.66		$	2.42		$	2.20

The accompanying Notes are an integral part of these Consolidated Financial Statements.

F- 5

ACCENTURE PLC

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the Years Ended August 31, 2018, 2017 and 2016

(In thousands of U.S. dollars)

	2018			2017		2016
NET INCOME	$	4,214,594		$	3,634,932	$	4,349,603
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation	(305,225		)	149,920		(66,459		)
Defined benefit plans	21,335			368,885		(285,885		)
Cash flow hedges	(198,645		)	46,624		101,299
Investments	1,148			1,507		1,297
OTHER COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ACCENTURE PLC	(481,387		)	566,936		(249,748		)
Other comprehensive income (loss) attributable to noncontrolling interests	(2,233		)	31,724		(7,881		)
COMPREHENSIVE INCOME	$	3,730,974		$	4,233,592	$	4,091,974
COMPREHENSIVE INCOME ATTRIBUTABLE TO ACCENTURE PLC	$	3,578,520		$	4,012,085	$	3,862,144
Comprehensive income attributable to noncontrolling interests	152,454			221,507		229,830
COMPREHENSIVE INCOME	$	3,730,974		$	4,233,592	$	4,091,974

The accompanying Notes are an integral part of these Consolidated Financial Statements.

F- 6

ACCENTURE PLC CONSOLIDATED SHAREHOLDERS’ EQUITY STATEMENTS For the Years Ended August 31, 2018, 2017 and 2016 (In thousands of U.S. dollars and share amounts)
	Ordinary Shares			Class A Ordinary Shares					Class X Ordinary Shares					Restricted Share Units			Additional Paid-in Capital			Treasury Shares								Accumulated Other Comprehensive Loss			Total Accenture plc Shareholders’ Equity			Noncontrolling Interests			Total Shareholders’ Equity
	$		No. Shares	$			No. Shares		$			No. Shares								$			No. Shares		Retained Earnings
Balance as of August 31, 2015	$	57	40	$	18		804,758		$	1		23,335		$	1,031,203		$	4,516,810		$	(11,472,400	)	(178,096	)	$	13,470,008		$	(1,411,972	)	$	6,133,725		$	513,846		$	6,647,571
Net income																									4,111,892						4,111,892			237,711			4,349,603
Other comprehensive income (loss)																												(249,748		)	(249,748		)	(7,881		)	(257,629		)
Income tax benefit on share-based compensation plans																	112,562														112,562						112,562
Purchases of Class A ordinary shares																	103,760			(2,532,796		)	(23,848	)							(2,429,036		)	(103,760		)	(2,532,796		)
Cancellation of treasury shares				(4		)	(163,016	)									(2,923,579		)	11,199,016			163,016		(8,275,433		)				—						—
Share-based compensation expense														701,923			56,253														758,176						758,176
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares									(1		)	(1,418	)				(68,481		)												(68,482		)	(3,711		)	(72,193		)
Issuances of Class A ordinary shares:
Employee share programs				1			11,686							(785,141		)	1,138,304			214,273			5,358								567,437			23,920			591,357
Upon redemption of Accenture Holdings plc ordinary shares							775										3,541														3,541			(3,541		)	—
Dividends														51,137											(1,423,316		)				(1,372,179		)	(65,959		)	(1,438,138		)
Other, net														5,006			(14,441		)						(3,191		)				(12,626		)	43,489			30,863
Balance as of August 31, 2016	$	57	40	$	15		654,203		$	—		21,917		$	1,004,128		$	2,924,729		$	(2,591,907	)	(33,570	)	$	7,879,960		$	(1,661,720	)	$	7,555,262		$	634,114		$	8,189,376

F- 7

ACCENTURE PLC CONSOLIDATED SHAREHOLDERS’ EQUITY STATEMENTS — (continued) For the Years Ended August 31, 2018, 2017, and 2016 (In thousands of U.S. dollars and share amounts)
	Ordinary Shares			Class A Ordinary Shares					Class X Ordinary Shares				Restricted Share Units			Additional Paid-in Capital			Treasury Shares								Accumulated Other Comprehensive Loss			Total Accenture plc Shareholders’ Equity			Noncontrolling Interests			Total Shareholders’ Equity
	$		No. Shares	$			No. Shares		$		No. Shares								$			No. Shares		Retained Earnings
Net income																								3,445,149						3,445,149			189,783			3,634,932
Other comprehensive income (loss)																											566,936			566,936			31,724			598,660
Purchases of Class A ordinary shares																98,039			(2,552,880		)	(21,258	)							(2,454,841		)	(98,039		)	(2,552,880		)
Cancellation of treasury shares				(1		)	(26,858	)								(413,509		)	3,014,356			26,858		(2,600,846		)				—						—
Share-based compensation expense													755,011			40,224														795,235						795,235
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares											(1,386	)				(92,160		)												(92,160		)	(4,011		)	(96,171		)
Issuances of Class A ordinary shares:
Employee share programs							10,861						(715,790		)	975,322			481,341			4,521		(90,612		)				650,261			25,784			676,045
Upon redemption of Accenture Holdings plc ordinary shares							760									5,595														5,595			(5,595		)	—
Dividends													51,677											(1,550,411		)				(1,498,734		)	(68,844		)	(1,567,578		)
Other, net																(21,841		)						(1,385		)				(23,226		)	55,807			32,581
Balance as of August 31, 2017	$	57	40	$	14		638,966		$	—	20,531		$	1,095,026		$	3,516,399		$	(1,649,090	)	(23,449	)	$	7,081,855		$	(1,094,784	)	$	8,949,477		$	760,723		$	9,710,200

F- 8

ACCENTURE PLC CONSOLIDATED SHAREHOLDERS’ EQUITY STATEMENTS — (continued) For the Years Ended August 31, 2018, 2017, and 2016 (In thousands of U.S. dollars and share amounts)
	Ordinary Shares			Class A Ordinary Shares				Class X Ordinary Shares				Restricted Share Units			Additional Paid-in Capital			Treasury Shares								Accumulated Other Comprehensive Loss			Total Accenture plc Shareholders’ Equity			Noncontrolling Interests			Total Shareholders’ Equity
	$		No. Shares	$		No. Shares		$		No. Shares								$			No. Shares		Retained Earnings
Net income																							4,059,907						4,059,907			154,687			4,214,594
Other comprehensive income (loss)																										(481,387		)	(481,387		)	(2,233		)	(483,620		)
Purchases of Class A ordinary shares															49,766			(2,554,084		)	(16,706	)							(2,504,318		)	(49,766		)	(2,554,084		)
Cancellation of treasury shares						(11,621	)								(206,782		)	1,582,067			11,621		(1,375,285		)				—						—
Share-based compensation expense												913,801			63,107														976,908						976,908
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares										(821	)				(80,169		)												(80,169		)	(4,841		)	(85,010		)
Issuances of Class A ordinary shares:
Employee share programs						10,077						(829,085		)	1,132,024			504,159			4,201		(68,656		)				738,442			14,704			753,146
Upon redemption of Accenture Holdings plc ordinary shares				1		25,906				(19,054	)				408,652														408,653			(408,653		)	—
Dividends												54,881											(1,725,953		)				(1,671,072		)	(37,652		)	(1,708,724		)
Other, net															(12,233		)						(19,455		)				(31,688		)	(67,134		)	(98,822		)
Balance as of August 31, 2018	$	57	40	$	15	663,328		$	—	656		$	1,234,623		$	4,870,764		$	(2,116,948	)	(24,333	)	$	7,952,413		$	(1,576,171	)	$	10,364,753		$	359,835		$	10,724,588

The accompanying Notes are an integral part of these Consolidated Financial Statements.

F- 9

ACCENTURE PLC

CONSOLIDATED CASH FLOWS STATEMENTS

For the Years Ended August 31, 2018, 2017 and 2016

(In thousands of U.S. dollars)

	2018			2017			2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	4,214,594		$	3,634,932		$	4,349,603
Adjustments to reconcile Net income to Net cash provided by (used in) operating activities—
Depreciation, amortization and asset impairments	926,776			801,789			729,052
Share-based compensation expense	976,908			795,235			758,176
Pension settlement charge	—			460,908			—
(Gain) loss on sale of businesses	—			252			(848,823		)
Deferred income taxes, net	94,000			(364,133		)	65,940
Other, net	7,609			88,123			(53,706		)
Change in assets and liabilities, net of acquisitions—
Receivables from clients, net	(476,041		)	(169,714		)	(177,156		)
Unbilled services, current and non-current, net	(234,763		)	96,392			(192,912		)
Other current and non-current assets	(510,102		)	(415,568		)	(655,876		)
Accounts payable	(167,971		)	173,712			72,626
Deferred revenues, current and non-current	176,853			(38,954		)	302,738
Accrued payroll and related benefits	646,416			(117,725		)	386,018
Income taxes payable, current and non-current	183,933			15,721			(158,970		)
Other current and non-current liabilities	188,479			12,069			90,690
Net cash provided by (used in) operating activities	6,026,691			4,973,039			4,667,400
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(619,187		)	(515,919		)	(496,566		)
Purchases of businesses and investments, net of cash acquired	(657,546		)	(1,704,188		)	(932,542		)
Proceeds from the sale of businesses and investments, net of cash transferred	20,197			(24,035		)	814,538
Proceeds from sales of property and equipment	6,932			10,263			4,220
Net cash provided by (used in) investing activities	(1,249,604		)	(2,233,879		)	(610,350		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of ordinary shares	753,146			676,045			591,357
Purchases of shares	(2,639,094		)	(2,649,051		)	(2,604,989		)
Proceeds from (repayments of) long-term debt, net	(4,195		)	(2,120		)	(1,059		)
Cash dividends paid	(1,708,724		)	(1,567,578		)	(1,438,138		)
Other, net	(110,161		)	(17,531		)	(36,389		)
Net cash provided by (used in) financing activities	(3,709,028		)	(3,560,235		)	(3,489,218		)
Effect of exchange rate changes on cash and cash equivalents	(133,559		)	42,326			(22,989		)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	934,500			(778,749		)	544,843
CASH AND CASH EQUIVALENTS, beginning of period	4,126,860			4,905,609			4,360,766
CASH AND CASH EQUIVALENTS, end of period	$	5,061,360		$	4,126,860		$	4,905,609
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	19,673		$	15,751		$	16,285
Income taxes paid, net	$	1,373,244		$	1,288,788		$	1,425,480

The accompanying Notes are an integral part of these Consolidated Financial Statements.

F- 10

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

1.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Description of Business

Accenture plc is one of the world’s leading organizations providing consulting, technology and outsourcing services and operates globally with one common brand and business model designed to enable it to provide clients around the world with the same high level of service. Drawing on a combination of industry and functional expertise, technology capabilities and alliances, and global delivery resources, Accenture plc seeks to provide differentiated services that help clients measurably improve their business performance and create sustainable value for their customers and stakeholders. Accenture plc’s global delivery model enables it to provide high-quality, cost-effective solutions to clients.

Basis of Presentation

The Consolidated Financial Statements include the accounts of Accenture plc, an Irish company, and our controlled subsidiary companies. Accenture plc is an Irish public limited company, which operates its business through its subsidiaries. Prior to March 13, 2018, Accenture plc’s only business was to hold ordinary and deferred shares in, and to act as the controlling shareholder of, its subsidiary, Accenture Holdings plc, an Irish public limited company. We operated our business through Accenture Holdings plc and subsidiaries of Accenture Holdings plc. Accenture plc controlled Accenture Holdings plc’s management and operations and consolidated Accenture Holdings plc’s results in our Consolidated Financial Statements.

On March 13, 2018, Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. In connection with this internal merger, shareholders of Accenture Holdings plc (other than Accenture entities that held shares of Accenture Holdings plc), who primarily consisted of current and former members of Accenture Leadership and their permitted transferees, received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, and Accenture plc redeemed all Class X ordinary shares of Accenture plc owned by such shareholders.

All references to Accenture Holdings plc included in this report with respect to periods prior to August 26, 2015 reflect the activity and/or balances of Accenture SCA (the predecessor of Accenture Holdings plc). The shares ofAccenture Holdings plc (for applicable periods) and Accenture Canada Holdings Inc. held by persons other than us are treated as a noncontrolling interest in the Consolidated Financial Statements. The noncontrolling interest percentages were less than 1% and 4% as of August 31, 2018 and 2017, respectively.

All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. For example, a reference to “fiscal 2018” means the 12-month period that ended on August 31, 2018. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal year.

The preparation of the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that we may undertake in the future, actual results may be different from those estimates.

Revenue Recognition

Revenues from contracts for technology integration consulting services where we design/redesign, build and implement new or enhanced systems applications and related processes for our clients are recognized on the percentage-of-completion method, which involves calculating the percentage of services provided during the reporting period compared to the total estimated services to be provided over the duration of the contract. Contracts for technology integration consulting services generally span six months to two years. Estimated revenues used in applying the percentage-of-completion method include estimated incentives for which achievement of defined goals is deemed probable. This method is followed where reasonably dependable estimates of revenues and costs can be made. Estimates of total contract revenues and costs are continuously monitored during the term of the contract, and recorded revenues and estimated costs are subject to revision as the contract progresses. Such revisions may result in increases or decreases to revenues and income and are reflected in the Consolidated Financial Statements in the periods in which they are first identified. If our estimates indicate that a contract loss will occur, a loss provision is recorded in the period in which the loss first becomes probable and reasonably estimable. Contract losses are determined to be the

F- 11

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

amount by which the estimated total direct and indirect costs of the contract exceed the estimated total revenues that will be generated by the contract and are included in Cost of services and classified in Other accrued liabilities.

Revenues from contracts for non-technology integration consulting services with fees based on time and materials or cost-plus are recognized as the services are performed and amounts are earned. We consider amounts to be earned once evidence of an arrangement has been obtained, services are delivered, fees are fixed or determinable, and collectibility is reasonably assured. In such contracts, our efforts, measured by time incurred, typically are provided in less than a year and represent the contractual milestones or output measure, which is the contractual earnings pattern. For non-technology integration consulting contracts with fixed fees, we recognize revenues as amounts become billable in accordance with contract terms, provided the billable amounts are not contingent, are consistent with the services delivered and are earned. Contingent or incentive revenues relating to non-technology integration consulting contracts are recognized when the contingency is satisfied and we conclude the amounts are earned.

Outsourcing contracts typically span several years and involve complex delivery, often through multiple workforces in different countries. In a number of these arrangements, we hire client employees and become responsible for certain client obligations. Revenues are recognized on outsourcing contracts as amounts become billable in accordance with contract terms, unless the amounts are billed in advance of performance of services, in which case revenues are recognized when the services are performed and amounts are earned. Revenues from time-and-materials or cost-plus contracts are recognized as the services are performed. In such contracts, our effort, measured by time incurred, represents the contractual milestones or output measure, which is the contractual earnings pattern. Revenues from unit-priced contracts are recognized as transactions are processed based on objective measures of output. Revenues from fixed-price contracts are recognized on a straight-line basis, unless revenues are earned and obligations are fulfilled in a different pattern. Outsourcing contracts can also include incentive payments for benefits delivered to clients. Revenues relating to such incentive payments are recorded when the contingency is satisfied and we conclude the amounts are earned.

Costs related to delivering outsourcing services are expensed as incurred with the exception of certain transition costs related to the set-up of processes, personnel and systems, which are deferred during the transition period and expensed evenly over the period outsourcing services are provided. The deferred costs are specific internal costs or incremental external costs directly related to transition or set-up activities necessary to enable the outsourced services. Generally, deferred amounts are protected in the event of early termination of the contract and are monitored regularly for impairment. Impairment losses are recorded when projected remaining undiscounted operating cash flows of the related contract are not sufficient to recover the carrying amount of contract assets. Deferred transition costs were $690,868 and $739,212 as of August 31, 2018 and 2017, respectively, and are included in Deferred contract costs. Deferred transition amortization expense for fiscal 2018, 2017 and 2016 was $333,118, $289,555, and $283,434, respectively. Amounts billable to the client for transition or set-up activities are deferred and recognized as revenue evenly over the period outsourcing services are provided. Deferred transition revenues were $581,395 and $606,095 as of August 31, 2018 and 2017, respectively, and are included in non-current Deferred revenues. Contract acquisition and origination costs are expensed as incurred.

We enter into contracts that may consist of multiple deliverables. These contracts may include any combination of technology integration consulting services, non-technology integration consulting services or outsourcing services described above. Revenues for contracts with multiple deliverables are allocated based on the lesser of the element’s relative selling price or the amount that is not contingent on future delivery of another deliverable. The selling price of each deliverable is determined by obtaining third party evidence of the selling price for the deliverable and is based on the price charged when largely similar services are sold on a standalone basis by us to similarly situated customers. If the amount of non-contingent revenues allocated to a deliverable accounted for under the percentage-of-completion method of accounting is less than the costs to deliver such services, then such costs are deferred and recognized in future periods when the revenues become non-contingent. Revenues are recognized in accordance with our accounting policies for the separate deliverables when the services have value on a stand-alone basis, selling price of the separate deliverables exists and, in arrangements that include a general right of refund relative to the completed deliverable, performance of the in-process deliverable is considered probable and substantially in our control. While determining fair value and identifying separate deliverables require judgment, generally fair value and the separate deliverables are readily identifiable as we also sell those deliverables unaccompanied by other deliverables.

Revenues recognized in excess of billings are recorded as Unbilled services. Billings in excess of revenues recognized are recorded as Deferred revenues until revenue recognition criteria are met. Client prepayments (even if nonrefundable) are deferred and recognized over future periods as services are delivered or performed.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Revenues before reimbursements (“net revenues”) include the margin earned on computer hardware, software and related services resale, as well as revenues from alliance agreements. Reimbursements include billings for travel and other out-of-pocket expenses and third-party costs, such as the cost of hardware, software and related services resale. In addition, Reimbursements include allocations from gross billings to record an amount equivalent to reimbursable costs, where billings do not specifically identify reimbursable expenses. We report revenues net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue-producing transactions.

Employee Share-Based Compensation Arrangements

Share-based compensation expense is recognized over the requisite service period for awards of equity instruments to employees based on the grant date fair value of those awards expected to ultimately vest. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates.

Income Taxes

We calculate and provide for income taxes in each of the tax jurisdictions in which we operate. Deferred tax assets and liabilities, measured using enacted tax rates, are recognized for the future tax consequences of temporary differences between the tax and financial statement bases of assets and liabilities. A valuation allowance reduces the deferred tax assets to the amount that is more likely than not to be realized. We establish liabilities or reduce assets when we believe tax positions are not more likely than not of being sustained if challenged. Recognized tax positions are measured at the largest amount of benefit greater than 50 percent likely of being realized. Each fiscal quarter, we evaluate tax positions and adjust the related tax assets and liabilities in light of changing facts and circumstances.

Translation of Non-U.S. Currency Amounts

Assets and liabilities of non-U.S. subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at fiscal year-end exchange rates. Revenue and expense items are translated at average foreign currency exchange rates prevailing during the fiscal year. Translation adjustments are included in Accumulated other comprehensive income (loss). Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment nature are reported in the same manner as translation adjustments.

Cash and Cash Equivalents

Cash and cash equivalents consist of all cash balances and liquid investments with original maturities of three months or less, including certificates of deposit and time deposits. Cash and cash equivalents also include restricted cash of $45,658 and $45,547 as of August 31, 2018 and 2017, respectively, which primarily relates to cash held to meet certain insurance requirements. As a result of certain subsidiaries’ cash management systems, checks issued but not presented to the banks for payment may create negative book cash balances. Such negative balances are classified as Current portion of long term debt and bank borrowings.

Client Receivables, Unbilled Services and Allowances

We record our client receivables and unbilled services at their face amounts less allowances. On a periodic basis, we evaluate our receivables and unbilled services and establish allowances based on historical experience and other currently available information. As of August 31, 2018 and 2017, total allowances recorded for client receivables and unbilled services were $49,913 and $74,450, respectively. The allowance reflects our best estimate of collectibility risks on outstanding receivables and unbilled services. In limited circumstances, we agree to extend financing to certain clients. The terms vary by contract, but generally payment for services is contractually linked to the achievement of specified performance milestones.

F- 13

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Concentrations of Credit Risk

Our financial instruments, consisting primarily of cash and cash equivalents, foreign currency exchange rate instruments, client receivables and unbilled services, are exposed to concentrations of credit risk. We place our cash and cash equivalents and foreign exchange instruments with highly-rated financial institutions, limit the amount of credit exposure with any one financial institution and conduct ongoing evaluations of the credit worthiness of the financial institutions with which we do business. Client receivables are dispersed across many different industries and countries; therefore, concentrations of credit risk are limited.

Investments

All liquid investments with an original maturity greater than three months but less than one year are considered to be short-term investments. Non-current investments are primarily non-marketable equity securities of privately held companies and are accounted for using either the equity or cost methods of accounting, in accordance with the requirements of Accounting Standards Codification (“ASC”) 323, Investments—Equity Method and Joint Ventures. Interest and amortization of premiums and discounts for debt securities are included in Interest income.

Cost method investments are periodically assessed for other-than-temporary impairment. For investments in privately held companies, if there are no identified events or circumstances that would have a significant adverse effect on the fair value of the investment, the fair value is not estimated. If an investment is deemed to have experienced an other-than-temporary decline below its cost basis, we reduce the carrying amount of the investment to its quoted or estimated fair value, as applicable, and establish a new cost basis for the investment.

Property and Equipment

Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:

Computers, related equipment and software	2 to 7 years
Furniture and fixtures	5 to 10 years
Leasehold improvements	Lesser of lease term or 15 years

Goodwill

Goodwill represents the excess of the purchase price of an acquired entity over the fair value of net assets acquired. We review the recoverability of goodwill by reportable operating segment annually, or more frequently when indicators of impairment exist. Based on the results of our annual impairment analysis, we determined that no impairment existed as of August 31, 2018 or 2017, as each reportable operating segment’s estimated fair value substantially exceeded its carrying value.

Long-Lived Assets

Long-lived assets, including deferred contract costs and identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or group of assets may not be recoverable. Recoverability of long-lived assets or groups of assets is assessed based on a comparison of the carrying amount to the estimated future net cash flows. If estimated future undiscounted net cash flows are less than the carrying amount, the asset is considered impaired and a loss is recorded equal to the amount required to reduce the carrying amount to fair value.

Intangible assets with finite lives are generally amortized using the straight-line method over their estimated economic useful lives, ranging from one to fifteen years.

F- 14

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Operating Expenses

Selected components of operating expenses were as follows:

	Fiscal
	2018			2017		2016
Research and development costs	$	790,779		$	704,317	$	643,407
Advertising costs	78,464			79,883		80,601
Provision for (release of) doubtful accounts (1)	(1,060		)	10,117		15,312

_______________ 

(1) For additional information, see “Client Receivables, Unbilled Services and Allowances”.

New Accounting Pronouncements

The following standards, issued by the Financial Accounting Standards Board (“FASB”), will, or are expected to, result in a change in practice and/or have a financial impact to our Consolidated Financial Statements:

Standard	Description	Accenture Adoption Date	Impact on the Financial Statements or Other Significant Matters
2016-16: Income Taxes: Intra-Entity Transfers of Assets Other Than Inventory	The guidance requires an entity to recognize the income tax consequences of intra-entity transfers, other than inventory, when the transfer occurs. Under current guidance in U.S. GAAP, in the case of depreciable or amortizable assets, the income tax consequences are deferred at the time of the intra-entity transfer and recognized as the assets are depreciated or amortized. The guidance requires modified retrospective transition with a cumulative catch-up adjustment to opening retained earnings in the period of adoption.	September 1, 2018	The adoption of this ASU will require that we record deferred tax assets on our Consolidated Balance Sheet at the beginning of fiscal 2019. The deferred tax assets, which we expect to be up to $2.1 billion, represent income tax consequences of prior intra-entity transfers of assets, which are currently recognized over the expected life of the assets.  Beginning in fiscal 2019, we will recognize incremental income tax expense as these deferred tax assets are utilized. This could represent approximately a 3.3 percentage point increase in the annual effective tax rate for fiscal 2019.  However, the actual impact of adoption will depend on numerous factors, including management’s expectations regarding recoverability of the related deferred taxes. Adoption will not have any impact on our cash flows.
2014-09: (Accounting Standard Codification 606), Revenue from Contracts with Customers and related updates	The guidance replaces most existing revenue recognition guidance in U.S. GAAP. The core principle of the ASU is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. The ASU requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. The guidance allows for both retrospective and modified retrospective methods of adoption.	September 1, 2018	We expect revenue recognition across our portfolio of services to remain largely unchanged. However, the guidance will change the timing of revenue recognition in certain areas, including earlier recognition for certain variable fees and consulting services and later recognition for reimbursable expenses on certain contracts, which will be recognized with other revenues rather than when the expenses are incurred. These impacts are not expected to be material. We adopted the ASU on September 1, 2018, using the modified retrospective method. The estimated cumulative effect adjustment to retained earnings is not material to our Consolidated Financial Statements.

F- 15

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

2016-02: Leases and related updates	The guidance amends existing guidance to require lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by leases and to disclose additional quantitative and qualitative information about leasing arrangements. The guidance requires either a modified retrospective transition method or a cumulative effect adjustment to opening retained earnings in the period of adoption.	September 1, 2019	While we are continuing to assess the potential impact of this ASU, we currently believe the most significant impact relates to our accounting for office space operating leases. We anticipate this ASU will have a material impact on our Consolidated Balance Sheets but will not have a material impact on our other Consolidated Financial Statements or footnotes. We will apply the cumulative effect method.
2017-07:Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost	The guidance amends certain presentation and disclosure requirements for employers that sponsor defined benefit pension and post-retirement medical plans. The new standard requires the service cost component of the net benefit cost to be in the same line item as other compensation in operating income and the other components of net benefit cost to be presented outside of operating income on a retrospective basis.	September 1, 2018	The adoption of this ASU will require us to reclassify $58 million of operating expenses to non-operating expense for fiscal 2018 to conform with the fiscal 2019 treatment of these expenses.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

2.    EARNINGS PER SHARE

Basic and diluted earnings per share were calculated as follows:

	Fiscal
	2018		2017		2016
Basic Earnings per share
Net income attributable to Accenture plc	$	4,059,907	$	3,445,149	$	4,111,892
Basic weighted average Class A ordinary shares	628,451,742		620,104,250		624,797,820
Basic earnings per share	$	6.46	$	5.56	$	6.58
Diluted Earnings per share
Net income attributable to Accenture plc	$	4,059,907	$	3,445,149	$	4,111,892
Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. (1)	95,063		149,131		195,560
Net income for diluted earnings per share calculation	$	4,154,970	$	3,594,280	$	4,307,452
Basic weighted average Class A ordinary shares	628,451,742		620,104,250		624,797,820
Class A ordinary shares issuable upon redemption/exchange of noncontrolling interests (1)	14,716,884		28,107,510		29,712,982
Diluted effect of employee compensation related to Class A ordinary shares	11,948,075		12,082,241		13,105,585
Diluted effect of share purchase plans related to Class A ordinary shares	179,449		169,226		153,887
Diluted weighted average Class A ordinary shares	655,296,150		660,463,227		667,770,274
Diluted earnings per share	$	6.34	$	5.44	$	6.45

 _______________

(1) Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis and the redemption of all Accenture Holdings plc ordinary shares owned by holders of noncontrolling interests prior to March 13, 2018, when these were redeemed for Accenture plc Class A ordinary shares. The income effect does not take into account “Net income attributable to noncontrolling interests - other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

3.    ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive loss attributable to Accentureplc:

	Fiscal
	2018			2017			2016
Foreign currency translation
Beginning balance	$	(770,043	)	$	(919,963	)	$	(853,504	)
Foreign currency translation	(310,548		)	164,073			(67,884		)
Income tax benefit (expense)	3,354			(988		)	2,120
Portion attributable to noncontrolling interests	1,969			(13,165		)	(695		)
Foreign currency translation, net of tax	(305,225		)	149,920			(66,459		)
Ending balance	(1,075,268		)	(770,043		)	(919,963		)
Defined benefit plans
Beginning balance	(440,619		)	(809,504		)	(523,619		)
Actuarial gains (losses)	19,862			49,565			(481,331		)
Pension settlement	3,030			509,793			—
Prior service costs arising during the period	(28,696		)	847			1,561
Reclassifications into net periodic pension and post-retirement expense (1)	34,972			44,913			26,639
Income tax benefit (expense)	(7,799		)	(219,817		)	153,869
Portion attributable to noncontrolling interests	(34		)	(16,416		)	13,377
Defined benefit plans, net of tax	21,335			368,885			(285,885		)
Ending balance	(419,284		)	(440,619		)	(809,504		)
Cash flow hedges
Beginning balance	114,635			68,011			(33,288		)
Unrealized gain (loss)	(169,958		)	195,848			180,196
Reclassification adjustments into Cost of services	(93,105		)	(118,840		)	(23,004		)
Income tax benefit (expense)	64,118			(28,309		)	(51,153		)
Portion attributable to noncontrolling interests	300			(2,075		)	(4,740		)
Cash flow hedges, net of tax	(198,645		)	46,624			101,299
Ending balance (2)	(84,010		)	114,635			68,011
Investments
Beginning balance	1,243			(264		)	(1,561		)
Unrealized gain (loss)	1,455			1,758			2,231
Income tax benefit (expense)	(305		)	(183		)	(873		)
Portion attributable to noncontrolling interests	(2		)	(68		)	(61		)
Investments, net of tax	1,148			1,507			1,297
Ending balance	2,391			1,243			(264		)
Accumulated other comprehensive loss	$	(1,576,171	)	$	(1,094,784	)	$	(1,661,720	)

_______________

(1) As of August 31, 2018, $6,313 of net losses is expected to be reclassified into net periodic pension expense recognized in cost of services, sales and marketing and general and administrative costs in the next twelve months and$27,316of net losses is expected to be reclassified into non-operating expenses in the next 12 months.

(2) As of August 31, 2018, $21,490 of net unrealized losses related to derivatives designated as cash flow hedges is expected to be reclassified into Cost of services in the next twelve months.

F- 18

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

4.    PROPERTY AND EQUIPMENT

The components of Property and equipment, net were as follows:

	August 31, 2018			August 31, 2017
Buildings and land	$	60		$	3,162
Computers, related equipment and software	1,625,950			1,611,641
Furniture and fixtures	374,294			393,351
Leasehold improvements	1,125,814			1,044,590
Property and equipment, gross	3,126,118			3,052,744
Total accumulated depreciation	(1,862,098		)	(1,912,146		)
Property and equipment, net	$	1,264,020		$	1,140,598

Depreciation expense for fiscal 2018, 2017 and 2016 was $423,471, $362,817 and $327,736, respectively.

5.    BUSINESS COMBINATIONS AND DIVESTITURES

Business Combinations

Fiscal 2018

During fiscal 2018, we completed a number of individually immaterial acquisitions for total consideration of $596,148, net of cash acquired. These acquisitions were completed primarily to expand our services and solutions offerings. In connection with these acquisitions, we recorded goodwill of $431,087 and intangible assets of $140,403. The intangible assets primarily consist of customer-related and contract-in-progress intangibles, which are being amortized over one to twelve years. The goodwill was allocated among the reportable operating segments and is partially deductible for U.S. federal income tax purposes.

Fiscal 2017

During fiscal 2017, we completed a number of individually immaterial acquisitions for total consideration of $1,643,205, net of cash acquired. These acquisitions were completed primarily to expand our services and solutions offerings. In connection with these acquisitions, we recorded goodwill of$1,350,969 and intangible assets of $328,776. The intangible assets primarily consist of customer-related and contract-in-progress intangibles, which are being amortized over one to twelve years. The goodwill was allocated among the reportable operating segments and is partially deductible for U.S. federal income tax purposes.

Fiscal 2016

On October 20, 2015, we acquired Cloud Sherpas (through its holding company, Declarative Holdings, Inc.), a leader in cloud advisory and technology services, for approximately $409,424, net of cash acquired. This acquisition enhances our ability to provide clients with cloud strategy and technology consulting, as well as cloud application implementation, integration and management services, and resulted in approximately 1,100employees joining us. In connection with this acquisition, we recorded goodwill of $385,337, which was allocated to all five reportable operating segments, and intangible assets of $66,522, primarily related to customer-related intangibles. The goodwill is non-deductible for U.S. federal income tax purposes. The intangible assets are being amortized over one to seven years. The pro forma effects of this acquisition on our operations were not material.

During fiscal 2016, we also completed other individually immaterial acquisitions for total consideration of $458,892, net of cash acquired. These acquisitions were completed primarily to expand our services and solutions offerings. In connection with these acquisitions, we recorded goodwill of $382,326 and intangible assets of $109,981. The intangible assets primarily consist of customer-related and technology intangibles, which are being amortized over one to ten years. The goodwill was allocated among the reportable operating segments and is partially deductible for U.S. federal income tax purposes.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Divestitures

Fiscal 2016

On January 26, 2016, we completed the sale of Navitaire LLC (“Navitaire”), a wholly owned subsidiary that provides technology and business solutions to the airline industry, to Amadeus IT Group, S.A. (“Amadeus”). Concurrent with the sale, we also entered into several arrangements to provide services to Amadeus, principally infrastructure outsourcing, over five years. We received a total of $825,644, net of transaction costs and cash divested, of which $214,500 was recorded as deferred revenue attributable to arrangements to provide services to Amadeus. In connection with the sale of Navitaire, we recorded a gain of $547,584 (reported in “Gain on sale of businesses” in the Consolidated Income Statements) and recorded related income taxes of $55,759. Approximately 600 Navitaire employees transferred to Amadeus as a part of this sale.

On August 1, 2016, we completed the transfer of our Duck Creek business to Apax Partners LLP in exchange for $196,198, net of transaction costs and cash divested, and a 40% non-controlling interest in the newly formed joint venture, Duck Creek Technologies LLC (“Duck Creek”). Duck Creek’s business is to accelerate the innovation of claims, billing and policy administration software for the insurance industry. In connection with the transaction, which resulted in the recording of the retained non-controlling interest at fair value, we recorded a gain of $301,239 (reported in “Gain on sale of businesses” in the Consolidated Income Statements) and related income tax expense of $48,286. The fair value of our retained interest in Duck Creek was calculated based on the terms of the transfer and other factors related to the valuation of the non-controlling interest. Approximately1,000 employees moved to Duck Creek as a part of this transaction.

6.    GOODWILL AND INTANGIBLE ASSETS

Goodwill

The changes in the carrying amount of goodwill by reportable operating segment were as follows:

	August 31, 2016		Additions/ Adjustments		Foreign Currency Translation		August 31, 2017		Additions/ Adjustments		Foreign Currency Translation			August 31, 2018
Communications, Media & Technology	$	546,566	$	220,406	$	8,830	$	775,802	$	98,223	$	(8,516	)	$	865,509
Financial Services	854,376		280,569		16,079		1,151,024		32,390		(21,348		)	1,162,066
Health & Public Service	715,849		214,316		4,209		934,374		27,816		(3,142		)	959,048
Products	1,112,991		564,519		20,630		1,698,140		270,701		(20,440		)	1,948,401
Resources	379,655		56,447		6,910		443,012		13,163		(8,187		)	447,988
Total	$	3,609,437	$	1,336,257	$	56,658	$	5,002,352	$	442,293	$	(61,633	)	$	5,383,012

Goodwill includes immaterial adjustments related to prior period acquisitions.

Intangible Assets

Our definite-lived intangible assets by major asset class were as follows:

	August 31, 2017							August 31, 2018
Intangible Asset Class	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer-related	$	809,683	$	(235,315	)	$	574,368	$	862,418	$	(299,702	)	$	562,716
Technology	108,929		(65,453		)	43,476		94,844		(55,690		)	39,154
Patents	124,669		(62,543		)	62,126		128,179		(66,659		)	61,520
Other	52,342		(21,930		)	30,412		50,490		(26,770		)	23,720
Total	$	1,095,623	$	(385,241	)	$	710,382	$	1,135,931	$	(448,821	)	$	687,110

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Total amortization related to our intangible assets was $170,187, $149,417 and $117,882 for fiscal 2018, 2017 and 2016, respectively. Estimated future amortization related to intangible assets held at August 31, 2018 is as follows:

Fiscal Year	Estimated Amortization
2019	$	142,050
2020	120,026
2021	107,162
2022	90,993
2023	77,285
Thereafter	149,594
Total	$	687,110

7.    DERIVATIVE FINANCIAL INSTRUMENTS

In the normal course of business, we use derivative financial instruments to manage foreign currency exchange rate risk. Derivative transactions are governed by a uniform set of policies and procedures covering areas such as authorization, counterparty exposure and hedging practices. Positions are monitored using techniques such as market value and sensitivity analyses. We do not enter into derivative transactions for trading purposes. We classify cash flows from our derivative programs as cash flows from operating activities in the Consolidated Cash Flows Statements.

Certain derivatives give rise to credit risks from the possible non-performance by counterparties. Credit risk is generally limited to the fair value of those contracts that are favorable to us, and the maximum amount of loss due to credit risk, based on the gross fair value of our derivative financial instruments that are in an asset position, was $59,145 as of August 31, 2018.

We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. These provisions may reduce our potential overall loss resulting from the insolvency of a counterparty and reduce a counterparty’s potential overall loss resulting from our insolvency. Additionally, these agreements contain early termination provisions triggered by adverse changes in a counterparty’s credit rating, thereby enabling us to accelerate settlement of a transaction prior to its contractual maturity and potentially decrease our realized loss on an open transaction. Similarly, a decrement in our credit rating could trigger a counterparty’s early termination rights, thereby enabling a counterparty to accelerate settlement of a transaction prior to its contractual maturity and potentially increase our realized loss on an open transaction. The aggregate fair value of our derivative instruments with credit-risk-related contingent features that were in a liability position as of August 31, 2018 was $140,690.

Our derivative financial instruments consist of deliverable and non-deliverable foreign currency forward contracts. Fair values for derivative financial instruments are based on prices computed using third-party valuation models and are classified as Level 2 in accordance with the three-level hierarchy of fair value measurements. All of the significant inputs to the third-party valuation models are observable in active markets. Inputs include current market-based parameters such as forward rates, yield curves and credit default swap pricing. For additional information related to the three-level hierarchy of fair value measurements, see Note 10 (Retirement and Profit Sharing Plans) to these Consolidated Financial Statements.

Cash Flow Hedges

Certain of our subsidiaries are exposed to currency risk through their use of our global delivery resources. To mitigate this risk, we use foreign currency forward contracts to hedge the foreign exchange risk of the forecasted intercompany expenses denominated in foreign currencies for up to three years in the future. We have designated these derivatives as cash flow hedges. As of August 31, 2018 and 2017, we held no derivatives that were designated as fair value or net investment hedges.

In order for a derivative to qualify for hedge accounting, the derivative must be formally designated as a fair value, cash flow or net investment hedge by documenting the relationship between the derivative and the hedged item. The documentation includes a description of the hedging instrument, the hedged item, the risk being hedged, our risk management objective and strategy for undertaking the hedge, the method for assessing the effectiveness of the hedge and the method for measuring hedge ineffectiveness. Additionally, the hedge relationship must be expected to be highly

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

effective at offsetting changes in either the fair value or cash flows of the hedged item at both inception of the hedge and on an ongoing basis. We assess the ongoing effectiveness of our hedges using the Hypothetical Derivative Method, which measures hedge ineffectiveness based on a comparison of the change in fair value of the actual derivative designated as the hedging instrument and the change in fair value of a hypothetical derivative. The hypothetical derivative would have terms that identically match the critical terms of the hedged item. We measure and record hedge ineffectiveness at the end of each fiscal quarter.

For a cash flow hedge, the effective portion of the change in estimated fair value of a hedging instrument is recorded in Accumulated other comprehensive loss as a separate component of Shareholders’ Equity and is reclassified into Cost of services in the Consolidated Income Statement during the period in which the hedged transaction is recognized. The amounts related to derivatives designated as cash flow hedges that were reclassified into Cost of services were a net gain of $93,105,$118,840 and $23,004 during fiscal 2018, 2017 and 2016, respectively. The ineffective portion of the change in fair value of a cash flow hedge is recognized immediately in Other income (expense), net in the Consolidated Income Statement and for fiscal 2018, 2017 and 2016, was not material. In addition, we did not discontinue any cash flow hedges during fiscal 2018, 2017 or 2016.

Other Derivatives

We also use foreign currency forward contracts, which have not been designated as hedges, to hedge balance sheet exposures, such as intercompany loans. These instruments are generally short-term in nature, with typical maturities of less than one year, and are subject to fluctuations in foreign exchange rates. Realized gains or losses and changes in the estimated fair value of these derivatives were a net loss of $114,076 for fiscal 2018, a net gain of $66,748 for fiscal 2017, and a net loss of $84,293 for fiscal 2016. Gains and losses on these contracts are recorded in Other income (expense), net in the Consolidated Income Statement and are offset by gains and losses on the related hedged items.

Fair Value of Derivative Instruments

The notional and fair values of all derivative instruments were as follows:

	August 31, 2018			August 31, 2017
Assets
Cash Flow Hedges
Other current assets	$	29,380		$	133,935
Other non-current assets	1,065			82,770
Other Derivatives
Other current assets	28,700			11,470
Total assets	$	59,145		$	228,175
Liabilities
Cash Flow Hedges
Other accrued liabilities	$	50,870		$	21,632
Other non-current liabilities	64,365			17,244
Other Derivatives
Other accrued liabilities	25,455			12,242
Total liabilities	$	140,690		$	51,118
Total fair value	$	(81,545	)	$	177,057
Total notional value	$	8,783,014		$	9,290,345

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for the set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. In the Consolidated Balance Sheets, we record derivative assets and liabilities at gross fair value. The potential effect of netting derivative assets against liabilities under the counterparty master agreements was as follows:

	August 31, 2018			August 31, 2017
Net derivative assets	$	23,599		$	189,066
Net derivative liabilities	105,144			12,009
Total fair value	$	(81,545	)	$	177,057

8.    BORROWINGS AND INDEBTEDNESS

As of August 31, 2018, we had the following borrowing facilities, including the issuance of letters of credit, to support general working capital purposes:

	Facility Amount		Borrowings Under Facilities
Syndicated loan facility (1)	$	1,000,000	$	—
Separate, uncommitted, unsecured multicurrency revolving credit facilities (2)	657,033		—
Local guaranteed and non-guaranteed lines of credit (3)	230,165		—
Total	$	1,887,198	$	—

_______________ 

(1) This facility, which matures on December 22, 2020, provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2018 and 2017, we had no borrowings under the facility.

(2) We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2018 and 2017, we had no borrowings under these facilities.

(3) We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2018 and 2017, we had no borrowings under these various facilities.

Under the borrowing facilities described above, we had an aggregate of $324,602 and $195,998 of letters of credit outstanding as of August 31, 2018 and 2017, respectively. In addition, we had total outstanding debt of $25,013 and $25,070 as of August 31, 2018 and 2017, respectively. In the fourth quarter of fiscal 2017, we entered into agreements that will allow us to establish a commercial paper program for short-term borrowings of up to$1 billion, backed by our syndicated loan facility.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

9.    INCOME TAXES

	Fiscal
	2018			2017			2016
Current taxes
U.S. federal	$	70,050		$	152,002		$	314,121
U.S. state and local	3,574			17,269			38,255
Non-U.S.	1,425,875			1,175,962			835,653
Total current tax expense	1,499,499			1,345,233			1,188,029
Deferred taxes
U.S. federal	219,034			(200,483		)	8,588
U.S. state and local	57,044			(26,069		)	1,056
Non-U.S.	(182,078		)	(137,581		)	56,296
Total deferred tax (benefit) expense	94,000			(364,133		)	65,940
Total	$	1,593,499		$	981,100		$	1,253,969

The components of Income before income taxes were as follows:

	Fiscal
	2018		2017		2016
U.S. sources (1)	$	645,943	$	251,456	$	1,047,909
Non-U.S. sources	5,162,150		4,364,576		4,555,663
Total	$	5,808,093	$	4,616,032	$	5,603,572

_______________

(1) Includes U.S. pension settlement charge of $509,793 for fiscal 2017.

On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Tax Act”), which significantly changed U.S. tax law. The Tax Act lowered the U.S. statutory federal income tax rate from 35% to 21%, effective January 1, 2018, resulting in a blended U.S. statutory federal income tax rate of 25.7% for our fiscal year ended August 31, 2018. Due to the recent enactment and the complexity involved in applying the provisions of the Tax Act, we had previously recorded provisional amounts in our financial statements. In the three months ended February 28, 2018, we recognized a provisional tax expense of $136,724 primarily to remeasure our net deferred tax assets at the new, lower rates. In the three months ended May 31, 2018, we recorded an adjustment of $40,927 to our provisional tax expense resulting from our continued analysis of the Tax Act. While we now consider our analysis of these items under the Tax Act to be complete, we have not yet made an accounting policy election to consider the taxes on our intercompany transactions in determining the amount of our valuation allowance.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

The reconciliation of the U.S. federal statutory income tax rate to our effective income tax rate was as follows:

	Fiscal
	2018		2017		2016
U.S. federal statutory income tax rate	25.7	%	35.0	%	35.0	%
U.S. state and local taxes, net	1.1		1.3		1.1
Non-U.S. operations taxed at lower rates	(6.1	)	(16.3	)	(12.6	)
Final determinations (1)	(1.9	)	(3.6	)	(2.1	)
Other net activity in unrecognized tax benefits	5.8		8.4		2.7
Divestitures	—		—		(3.4	)
Excess tax benefits from share based payments	(2.3	)	(2.7	)	—
Changes in tax laws and rates	4.4		(1.5	)	—
Other, net	0.7		0.7		1.7
Effective income tax rate	27.4	%	21.3	%	22.4	%

_______________ 

(1) Final determinations include final agreements with tax authorities and expirations of statutes of limitations.

As of August 31, 2018, we had not recognized a deferred tax liability on $1,082,198 of undistributed earnings for certain foreign subsidiaries, because these earnings are intended to be indefinitely reinvested. If such earnings were distributed, some countries may impose additional taxes. The unrecognized deferred tax liability (the amount payable if distributed) is approximately $131,000.

Portions of our operations are subject to reduced tax rates or are free of tax under various tax holidays which expire between fiscal 2019 and 2022. Some of the holidays are renewable at reduced levels, under certain conditions, with possible renewal periods through 2032. The income tax benefits attributable to the tax status of these subsidiaries were estimated to be approximately $103,000, $95,000 and $100,000 in fiscal 2018, 2017 and 2016, respectively.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Changes in tax laws and tax rates decreased our net deferred tax assets by $247,216 in fiscal 2018 and increased our net deferred tax assets by $68,724 in fiscal 2017.

The components of our deferred tax assets and liabilities included the following:

	August 31, 2018			August 31, 2017
Deferred tax assets
Pensions	$	254,268		$	294,850
Revenue recognition	110,424			163,393
Compensation and benefits	517,850			734,373
Share-based compensation	259,276			293,546
Tax credit carryforwards	400,253			1,419,506
Net operating loss carryforwards	119,130			204,803
Depreciation and amortization	97,459			97,076
Deferred amortization deductions	728,564			705,495
Indirect effects of unrecognized tax benefits	355,152			343,832
Other	150,740			122,590
	2,993,116			4,379,464
Valuation allowance	(451,775		)	(1,564,554		)
Total deferred tax assets	2,541,341			2,814,910
Deferred tax liabilities
Revenue recognition	(66,128		)	(80,683		)
Depreciation and amortization	(214,396		)	(228,166		)
Investments in subsidiaries	(138,417		)	(202,359		)
Other	(161,322		)	(225,899		)
Total deferred tax liabilities	(580,263		)	(737,107		)
Net deferred tax assets	$	1,961,078		$	2,077,803

We recorded valuation allowances of $451,775 and $1,564,554 as of August 31, 2018 and 2017, respectively, against deferred tax assets principally associated with certain tax credit and tax net operating loss carryforwards, as we believe it is more likely than not that these assets will not be realized. For all other deferred tax assets, we believe it is more likely than not that the results of future operations will generate sufficient taxable income to realize these deferred tax assets. During fiscal 2018, we recorded a net decrease of $1,112,779 in the valuation allowance. Substantially all of this change related to the write-off of certain tax credit carryforwards for which we had a full valuation allowance. During fiscal 2017, we recorded a net increase of $321,347 in the valuation allowance. The majority of this change related to valuation allowances on certain tax credit carryforwards, as we believed it was more likely than not that these assets would not be realized.

We had tax credit carryforwards as of August 31, 2018 of $400,253, of which $19,976 will expire between 2019 and 2028, $1,838 will expire between 2029 and 2038, and $378,439 has an indefinite carryforward period. We had net operating loss carryforwards as of August 31, 2018 of $478,274. Of this amount, $216,476 expires between 2019 and 2028, $11,080expires between 2029 and 2038, and $250,718 has an indefinite carryforward period.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

As of August 31, 2018, we had $1,210,520 of unrecognized tax benefits, of which $818,638, if recognized, would favorably affect our effective tax rate. As of August 31, 2017, we had $945,850 of unrecognized tax benefits, of which $609,555, if recognized, would favorably affect our effective tax rate.The remaining unrecognized tax benefits as of August 31, 2018 and 2017 of $391,882 and $336,295, respectively, represent items recorded as offsetting tax benefits associated with the correlative effects of potential transfer pricing adjustments, state income taxes and timing adjustments.

A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows:

	Fiscal
	2018			2017
Balance, beginning of year	$	945,850		$	985,755
Additions for tax positions related to the current year	349,343			204,321
Additions for tax positions related to prior years	317,215			254,274
Reductions for tax positions related to prior years	(284,711		)	(250,135		)
Statute of limitations expirations	(37,050		)	(41,544		)
Settlements with tax authorities	(68,605		)	(221,999		)
Foreign currency translation	(11,522		)	15,178
Balance, end of year	$	1,210,520		$	945,850

We recognize interest and penalties related to unrecognized tax benefits in the Provision for income taxes. During fiscal 2018, 2017 and 2016, we recognized expense of $37,230, $37,350 and $8,681 in interest and penalties, respectively. Accrued interest and penalties related to unrecognized tax benefits of $125,886 ($114,631, net of tax benefits) and $98,204 ($87,417, net of tax benefits) were reflected on our Consolidated Balance Sheets as of August 31, 2018 and 2017, respectively.

We are currently under audit by the U.S. Internal Revenue Service for fiscal 2016. We are also currently under audit in numerous state and non-U.S. tax jurisdictions. Although the outcome of tax audits is always uncertain and could result in significant cash tax payments, we do not believe the outcome of these audits will have a material adverse effect on our consolidated financial position or results of operations. With limited exceptions, we are no longer subject to income tax audits by taxing authorities for the years before 2009. We believe that it is reasonably possible that our unrecognized tax benefits could decrease by approximately $486,000or increase by approximately $219,000 in the next 12 months as a result of settlements, lapses of statutes of limitations, tax audit activity and other adjustments. The majority of these amounts relate to transfer pricing matters in both U.S. and non-U.S. tax jurisdictions.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

10.    RETIREMENT AND PROFIT SHARING PLANS

Defined Benefit Pension and Postretirement Plans

In the United States and certain other countries, we maintain and administer defined benefit retirement plans and postretirement medical plans for certain current, retired and resigned employees. In addition, our U.S. defined benefit pension plans include a frozen plan for former pre-incorporation partners, which is unfunded. Benefits under the employee retirement plans are primarily based on years of service and compensation during the years immediately preceding retirement or termination of participation in the plan. The defined benefit pension disclosures include our U.S. and material non-U.S. defined benefit pension plans.

Assumptions

The weighted-average assumptions used to determine the defined benefit pension obligations as of August 31 and the net periodic pension expense were as follows:

	Pension Plans												Postretirement Plans
	August 31, 2018				August 31, 2017				August 31, 2016				August 31, 2018		August 31, 2017		August 31, 2016
	U.S. Plans		Non-U.S. Plans		U.S.  Plans		Non-U.S. Plans		U.S.  Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Discount rate for determining projected benefit obligation	4.00	%	3.29	%	3.75	%	2.83	%	3.50	%	2.40	%	3.98	%	3.73	%	3.51	%
Discount rate for determining net periodic pension expense	3.75	%	2.83	%	3.50	%	2.40	%	4.50	%	3.47	%	3.73	%	3.51	%	4.46	%
Long term rate of return on plan assets	4.25	%	3.56	%	4.25	%	3.52	%	4.75	%	3.99	%	3.64	%	4.13	%	4.54	%
Rate of increase in future compensation for determining projected benefit obligation	2.23	%	3.67	%	2.25	%	3.63	%	2.57	%	3.47	%	N/A		N/A		N/A
Rate of increase in future compensation for determining net periodic pension expense	2.25	%	3.63	%	2.57	%	3.47	%	3.60	%	3.56	%	N/A		N/A		N/A

We utilize a full yield curve approach to estimate the service and interest cost components by applying specific spot rates along the yield curve used in the determination of the benefit obligation to the relevant projected cash flows. This approach provides a correlation between projected benefit cash flows and the corresponding yield curve spot rates and provides a precise measurement of service and interest costs. The discount rate assumptions are based on the expected duration of the benefit payments for each of our defined benefit pension and postretirement plans as of the annual measurement date and are subject to change each year.

The expected long-term rate of return on plan assets should, over time, approximate the actual long-term returns on defined benefit pension and postretirement plan assets and is based on historical returns and the future expectations for returns for each asset class, as well as the target asset allocation of the asset portfolio.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Assumed U.S. Health Care Cost Trend

Our U.S. postretirement plan assumed annual rate of increase in the per capita cost of health care benefits is 6.9% for the plan year ending June 30, 2019. The rate is assumed to decrease on a straight-line basis to4.5% for the plan year ending June 30, 2038 and remain at that level thereafter. A one percentage point increase in the assumed health care cost trend rates would increase the benefit obligation by $79,766, while a one percentage point decrease would reduce the benefit obligation by $62,785.

U.S. Defined Benefit Pension Plan Settlement Charges

In May 2017, we settled our U.S. pension plan obligations. Plan participants elected to receive either a lump-sum distribution or to transfer benefits to a third-party annuity provider. As a result of the settlement, we were relieved of any further obligation under our U.S. pension plan. During fiscal 2017, we recorded a pension settlement charge of $509,793, and related income tax benefits of $198,219. The charge primarily consisted of unrecognized actuarial losses of $460,908 previously included in Accumulated other comprehensive loss. In connection with the settlement, we made a $118,500 cash contribution ($48,885 related to additional actuarial losses and $69,615 to fund previously recorded pension liabilities). In connection with the plan termination, we created a separate defined benefit plan, with substantially the same terms as the terminated plan, for approximately600 active employees who are currently eligible to accrue benefits.

Pension and Postretirement Expense

Pension expense for fiscal 2018, 2017 and 2016 was $125,320,$622,302(including the above noted settlement charge) and $94,827, respectively. Postretirement expense for fiscal 2018, 2017 and 2016 was not material to our Consolidated Financial Statements.

F- 29

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Benefit Obligation, Plan Assets and Funded Status

The changes in the benefit obligations, plan assets and funded status of our pension and postretirement benefit plans for fiscal 2018 and 2017 were as follows:

	Pension Plans												Postretirement Plans
	August 31, 2018						August 31, 2017						August 31, 2018			August 31, 2017
	U.S. Plans			Non-U.S. Plans			U.S. Plans			Non-U.S. Plans			U.S. and Non-U.S. Plans			U.S. and Non-U.S. Plans
Reconciliation of benefit obligation
Benefit obligation, beginning of year	$	342,863		$	1,816,462		$	2,030,006		$	1,758,110		$	529,680		$	500,964
Service cost	4,233			81,840			7,380			82,727			20,929			19,898
Interest cost	10,626			46,993			48,354			36,906			17,537			15,270
Participant contributions	—			12,189			—			11,832			—			—
Acquisitions/divestitures/transfers	—			(121		)	—			15,664			—			—
Amendments	—			28,696			—			(847		)	—			—
Curtailment	—			(4,946		)	—			—			(2,782		)	—
Pension settlement	4,289			(70,124		)	(1,612,824		)	—			—			—
Actuarial (gain) loss	(16,149		)	(25,942		)	(80,507		)	(76,066		)	(18,001		)	5,084
Benefits paid	(13,946		)	(69,841		)	(49,546		)	(47,233		)	(10,499		)	(13,047		)
Exchange rate impact	—			(42,494		)	—			35,369			(1,232		)	1,511
Benefit obligation, end of year	$	331,916		$	1,772,712		$	342,863		$	1,816,462		$	535,632		$	529,680
Reconciliation of fair value of plan assets
Fair value of plan assets, beginning of year	$	204,629		$	1,154,128		$	1,801,435		$	1,081,154		$	26,541		$	27,130
Actual return on plan assets	(5,278		)	6,792			(63,919		)	42,417			(505		)	(38		)
Acquisitions/divestitures/transfers	—			—			—			818			—			—
Employer contributions	20,882			109,292			129,483			67,300			13,176			12,496
Participant contributions	—			12,189			—			11,832			—			—
Pension settlement	4,289			(71,562		)	(1,612,824		)	—			—			—
Benefits paid	(13,946		)	(69,841		)	(49,546		)	(47,233		)	(10,499		)	(13,047		)
Exchange rate impact	—			(13,622		)	—			(2,160		)	—			—
Fair value of plan assets, end of year	$	210,576		$	1,127,376		$	204,629		$	1,154,128		$	28,713		$	26,541
Funded status, end of year	$	(121,340	)	$	(645,336	)	$	(138,234	)	$	(662,334	)	$	(506,919	)	$	(503,139	)
Amounts recognized in the Consolidated Balance Sheets
Non-current assets	$	6,757		$	106,621		$	2,127		$	64,461		$	—		$	—
Current liabilities	(10,854		)	(27,306		)	(11,047		)	(21,015		)	(1,856		)	(1,659		)
Non-current liabilities	(117,243		)	(724,651		)	(129,314		)	(705,780		)	(505,063		)	(501,480		)
Funded status, end of year	$	(121,340	)	$	(645,336	)	$	(138,234	)	$	(662,334	)	$	(506,919	)	$	(503,139	)

F- 30

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Accumulated Other Comprehensive Loss

The pre-tax accumulated net loss and prior service (credit) cost recognized in Accumulated other comprehensive loss as of August 31, 2018 and 2017 was as follows:

	Pension Plans									Postretirement Plans
	August 31, 2018				August 31, 2017					August 31, 2018		August 31, 2017
	U.S. Plans		Non-U.S.  Plans		U.S. Plans		Non-U.S.  Plans			U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Net loss	$	105,580	$	357,250	$	112,015	$	386,428		$	114,827	$	142,197
Prior service (credit) cost	—		22,293		—		(5,222		)	23,671		27,656
Accumulated other comprehensive loss, pre-tax	$	105,580	$	379,543	$	112,015	$	381,206		$	138,498	$	169,853

Funded Status for Defined Benefit Plans

The accumulated benefit obligation for defined benefit pension plans as of August 31, 2018 and 2017 was as follows:

	August 31, 2018				August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Accumulated benefit obligation	$	325,152	$	1,614,649	$	333,588	$	1,651,869

The following information is provided for defined benefit pension plans and postretirement plans with projected benefit obligations in excess of plan assets and for defined benefit pension plans with accumulated benefit obligations in excess of plan assets as of August 31, 2018 and 2017:

	Pension Plans								Postretirement Plans
	August 31, 2018				August 31, 2017				August 31, 2018		August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Projected benefit obligation in excess of plan assets
Projected benefit obligation	$	128,097	$	1,009,762	$	342,863	$	1,037,634	$	535,632	$	529,680
Fair value of plan assets	—		257,805		202,502		310,839		28,713		26,541

	August 31, 2018				August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Accumulated benefit obligation in excess of plan assets
Accumulated benefit obligation	$	128,097	$	848,217	$	138,476	$	810,330
Fair value of plan assets	—		220,220		—		208,559

F- 31

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Investment Strategies

U.S. Pension Plans

The overall investment objective of the defined benefit pension plans is to match the duration of the plans’ assets to the plans’ liabilities while managing risk in order to meet current defined benefit pension obligations. The plans’ future prospects, their current financial conditions, our current funding levels and other relevant factors suggest that the plans can tolerate some interim fluctuations in market value and rates of return in order to achieve long-term objectives without undue risk to the plans’ ability to meet their current benefit obligations. We recognize that asset allocation of the defined benefit pension plans’ assets is an important factor in determining long-term performance. Actual asset allocations at any point in time may vary from the target asset allocations and will be dictated by current and anticipated market conditions, required cash flows and investment decisions of the investment committee and the pension plans’ investment funds and managers. Ranges are established to provide flexibility for the asset allocation to vary around the targets without the need for immediate rebalancing.

Non-U.S. Pension Plans

Plan assets in non-U.S. defined benefit pension plans conform to the investment policies and procedures of each plan and to relevant legislation. The pension committee or trustee of each plan regularly, but at least annually, reviews the investment policy and the performance of the investment managers. In certain countries, the trustee is also required to consult with us. Asset allocation decisions are made to provide risk adjusted returns that align with the overall investment strategy for each plan. Generally, the investment return objective of each plan is to achieve a total annualized rate of return that exceeds inflation over the long term by an amount based on the target asset allocation mix of that plan. In certain countries, plan assets are invested in funds that are required to hold a majority of assets in bonds, with a smaller proportion in equities. Also, certain plan assets are entirely invested in contracts held with the plan insurer, which determines the strategy. Defined benefit pension plans in certain countries are unfunded.

Risk Management

Plan investments are exposed to risks including market, interest rate and operating risk. In order to mitigate significant concentrations of these risks, the assets are invested in a diversified portfolio primarily consisting of fixed income instruments and equities. To minimize asset volatility relative to the liabilities, plan assets allocated to debt securities appropriately match the duration of individual plan liabilities. Equities are diversified between U.S. and non-U.S. index funds and are intended to achieve long term capital appreciation. Plan asset allocation and investment managers’ guidelines are reviewed on a regular basis.

Plan Assets

Our target allocation for fiscal 2019 and weighted-average plan assets allocations as of August 31, 2018 and 2017 by asset category for defined benefit pension plans were as follows:

	2019 Target Allocation				2018				2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Asset Category
Equity securities	—	%	26	%	—	%	20	%	—	%	30	%
Debt securities	100		52		94		57		94		58
Cash and short-term investments	—		2		6		2		6		2
Insurance contracts	—		17		—		17		—		6
Other	—		3		—		4		—		4
Total	100	%	100	%	100	%	100	%	100	%	100	%

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Fair Value Measurements

Fair value is the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity.

The three-level hierarchy of fair value measurements is based on whether the inputs to those measurements are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. The fair-value hierarchy requires the use of observable market data when available and consists of the following levels:

• Level 1—Quoted prices for identical instruments in active markets;

• Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets; and

• Level 3—Valuations derived from valuation techniques in which one or more significant inputs are unobservable.

The fair values of defined benefit pension and postretirement plan assets as of August 31, 2018 were as follows:

Non-U.S. Plans
	Level 1		Level 2		Level 3		Total
Equity
Mutual fund equity securities	$	—	$	222,061	$	—	$	222,061
Fixed Income
Non-U.S. government debt securities	117,389		—		—		117,389
Mutual fund debt securities	4		535,092		—		535,096
Cash and short-term investments	17,687		5,502		—		23,189
Insurance contracts	—		72,820		114,960		187,780
Other	—		41,861		—		41,861
Total	$	135,080	$	877,336	$	114,960	$	1,127,376

There were no transfers between Levels 1 and 2 during fiscal 2018. The level 3 assets are invested in an insurance buy-in contract in a Non-U.S. plan. The fair value of the assets is set to an actuarially calculated present value of the underlying liabilities.

The U.S. Plans have $239,289 in Level 2 assets, primarily made up of U.S. corporate debt securities of $136,814and U.S. government, state and local debt securities of $58,239.

The following table provides a reconciliation of the beginning and ending balances of Level 3 assets for fiscal 2018:

Level 3 Assets	Fiscal 2018
Beginning balance	$	—
Purchases, sales and settlements	130,543
Changes in fair value	(15,583		)
Ending Balance	$	114,960

Expected Contributions

Generally, annual contributions are made at such times and in amounts as required by law and may, from time to time, exceed minimum funding requirements. We estimate we will pay approximately $93,973 in fiscal2019related to contributions to our U.S. and non-U.S. defined benefit pension plans and benefit payments related to the unfunded frozen plan for former pre-incorporation partners. We have not determined whether we will make additional voluntary

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

contributions for our defined benefit pension plans. Our postretirement plan contributions in fiscal 2019 are not expected to be material to our Consolidated Financial Statements.

Estimated Future Benefit Payments

Benefit payments for defined benefit pension plans and postretirement plans, which reflect expected future service, as appropriate, are expected to be paid as follows:

	Pension Plans				Postretirement Plans
	U.S. Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans
2019	$	14,168	$	61,593	$	14,052
2020	15,013		72,592		15,879
2021	15,795		82,049		17,811
2022	16,621		88,100		19,823
2023	17,317		103,213		22,458
2024-2028	96,921		522,427		150,083

Defined Contribution Plans

In the United States and certain other countries, we maintain and administer defined contribution plans for certain current, retired and resigned employees. Total expenses recorded for defined contribution plans were$485,736, $454,124 and $419,932 in fiscal 2018, 2017 and 2016, respectively.

11.    SHARE-BASED COMPENSATION

Share Incentive Plans

The Amended and Restated Accenture plc 2010 Share Incentive Plan, as amended and approved by our shareholders in 2018 (the “Amended 2010 SIP”), is administered by the Compensation Committee of the Board of Directors of Accenture and provides for the grant of nonqualified share options, incentive stock options, restricted share units and other share-based awards. A maximum of 99,000,000 Accenture plc Class A ordinary shares are currently authorized for awards under the Amended 2010 SIP. As of August 31, 2018, there were 24,266,070 shares available for future grants. Accenture plc Class A ordinary shares covered by awards that terminate, lapse or are cancelled may again be used to satisfy awards under the Amended 2010 SIP. We issue new Accenture plc Class A ordinary shares and shares from treasury for shares delivered under the Amended 2010 SIP.

A summary of information with respect to share-based compensation is as follows:

	Fiscal
	2018		2017		2016
Total share-based compensation expense included in Net income	$	976,908	$	795,235	$	758,176
Income tax benefit related to share-based compensation included in Net income (1)	404,124		349,114		236,423

 _______________

(1) Prior to the adoption of ASU 2016-09 excess tax benefits for share-based compensation were not recognized in the provision for income taxes. Therefore, fiscal 2016 excludes $92,285 of excess tax benefits from the income tax provision.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Restricted Share Units

Under the Amended 2010 SIP, participants may be, and previously under the predecessor 2001 Share Incentive Plan were, granted restricted share units, each of which represent an unfunded, unsecured right to receive an Accenture plc Class A ordinary share on the date specified in the participant’s award agreement. The fair value of the awards is based on our stock price on the date of grant. The restricted share units granted under these plans are subject to cliff or graded vesting, generally ranging from two to seven years. For awards with graded vesting, compensation expense is recognized over the vesting term of each separately vesting portion. Compensation expense is recognized on a straight-line basis for awards with cliff vesting. Restricted share unit activity during fiscal 2018 was as follows:

	Number of Restricted Share Units		Weighted Average Grant-Date Fair Value
Nonvested balance as of August 31, 2017	21,029,042		$	101.88
Granted (1)	8,166,416		153.33
Vested (2)	(8,692,766	)	96.86
Forfeited	(1,424,085	)	109.83
Nonvested balance as of August 31, 2018	19,078,607		$	125.59

 _______________

(1) The weighted average grant-date fair value for restricted share units granted for fiscal 2018, 2017 and 2016was $153.33, $117.72 and $105.16, respectively.

(2) The total grant-date fair value of restricted share units vested for fiscal 2018, 2017 and 2016 was $842,002,$726,324 and $796,620, respectively.

As of August 31, 2018, there was $924,824 of total unrecognized restricted share unit compensation expense related to nonvested awards, which is expected to be recognized over a weighted average period of 1.2 years. As of August 31, 2018, there were 598,447 restricted share units vested but not yet delivered as Accenture plc Class A ordinary shares.

Stock Options

There were no stock options granted during fiscal 2018, 2017 or 2016. As of August 31, 2018 we had 12,274 stock options outstanding and exercisable at a weighted average exercise price of $39.46 and a weighted average remaining contractual term of 1.2 years.

Employee Share Purchase Plan

2010 ESPP

The Amended and Restated Accenture plc 2010 Employee Share Purchase Plan (the “2010 ESPP”) is a nonqualified plan that provides eligible employees of Accenture plc and its designated affiliates with an opportunity to purchase Accenture plc Class A ordinary shares through payroll deductions. Under the 2010 ESPP, eligible employees may purchase Accenture plc Class A ordinary shares through the Employee Share Purchase Plan (the “ESPP”) or the Voluntary Equity Investment Program (the “VEIP”). Under the ESPP, eligible employees may elect to contribute 1% to 10% of their eligible compensation during each semi-annual offering period (up to $7.5 per offering period) to purchase Accenture plc Class A ordinary shares at a discount. Under the VEIP, eligible members of Accenture Leadership may elect to contribute up to 30% of their eligible compensation towards the monthly purchase of Accenture plc Class A ordinary shares at fair market value. At the end of the VEIP program year, Accenture Leadership participants who did not withdraw from the program will be granted restricted share units under the Amended 2010 SIP equal to 50% of the number of shares purchased during that year and held by the participant as of the grant date.

A maximum of 90,000,000 Accenture plc Class A ordinary shares may be issued under the 2010 ESPP. As ofAugust 31, 2018, we had issued 54,111,908 Accenture plc Class A ordinary shares under the 2010 ESPP.We issued 5,428,356, 6,103,977 and 5,850,113 shares to employees in fiscal 2018, 2017 and 2016, respectively, under the 2010 ESPP.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

12.    SHAREHOLDERS’ EQUITY

Accenture plc

Ordinary Shares

We have 40,000 authorized ordinary shares, par value €1 per share. Each ordinary share of Accentureplc entitles its holder to receive payments upon a liquidation of Accenture plc; however a holder of an ordinary share is not entitled to vote on matters submitted to a vote of shareholders of Accenture plc or to receive dividends.

Class A Ordinary Shares

An Accenture plc Class A ordinary share entitles its holder to one vote per share, and holders of those shares do not have cumulative voting rights. Each Class A ordinary share entitles its holder to a pro rata part of any dividend at the times and in the amounts, if any, which Accenture plc’s Board of Directors from time to time determines to declare, subject to any preferred dividend rights attaching to any preferred shares. Each Class A ordinary share is entitled on a winding-up of Accenture plc to be paid a pro rata part of the value of the assets of Accenture plc remaining after payment of its liabilities, subject to any preferred rights on liquidation attaching to any preferred shares.

Class X Ordinary Shares

Most of our partners who received Accenture Canada Holdings Inc. exchangeable shares in connection with our transition to a corporate structure received a corresponding number of Accenture plc Class X ordinary shares. An Accenture plc Class X ordinary share entitles its holder to one vote per share, and holders of those shares do not have cumulative voting rights. A Class X ordinary share does not entitle its holder to receive dividends, and holders of those shares are not entitled to be paid any amount upon a winding-up of Accenture plc. Accenture plc may redeem, at its option, any Class X ordinary share for a redemption price equal to the par value of the Class X ordinary share. Accenture plc has separately agreed with the original holders of Accenture Canada Holdings Inc. exchangeable shares not to redeem any Class X ordinary share of such holder if the redemption would reduce the number of Class X ordinary shares held by that holder to a number that is less than the number of Accenture Canada Holdings Inc. exchangeable shares owned by that holder, as the case may be. Accenture plc will redeem Class X ordinary shares upon the redemption or exchange of Accenture Canada Holdings Inc. exchangeable shares so that the aggregate number of Class X ordinary shares outstanding at any time does not exceed the aggregate number of Accenture Canada Holdings Inc. exchangeable shares outstanding. Class X ordinary shares are not transferable without the consent of Accenture plc.

Equity of Subsidiaries Redeemable or Exchangeable for Accenture plc Class A Ordinary Shares

Accenture Canada Holdings Inc. Exchangeable Shares

Partners resident in Canada and New Zealand received Accenture Canada Holdings Inc. exchangeable shares in connection with our transition to a corporate structure. Holders of Accenture Canada Holdings Inc. exchangeable shares may exchange their shares for Accenture plc Class A ordinary shares at any time on a one-for-one basis. We may, at our option, satisfy this exchange with cash at a price per share generally equal to the market price of an Accenture plc Class A ordinary share at the time of the exchange. Each exchangeable share of Accenture Canada Holdings Inc. entitles its holder to receive distributions equal to any distributions to which an Accenture plc Class A ordinary share entitles its holder.

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ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

13.    MATERIAL TRANSACTIONS AFFECTING SHAREHOLDERS’ EQUITY

Share Purchases and Redemptions

The Board of Directors of Accenture plc has authorized funding for our publicly announced open-market share purchase program for acquiring Accenture plc Class A ordinary shares and for purchases and redemptions of Accenture plc Class A ordinary shares and Accenture Canada Holdings Inc. exchangeable shares, and prior to March 13, 2018, Accenture Holdings plc ordinary shares, held by current and former members of Accenture Leadership and their permitted transferees. As of August 31, 2018, our aggregate available authorization was $950,443 for our publicly announced open-market share purchase and these other share purchase programs.

Our share purchase activity during fiscal 2018 was as follows:

	Accenture plc Class A Ordinary Shares			Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (3)
	Shares	Amount		Shares	Amount
Open-market share purchases (1)	13,618,163	$	2,083,762	—	$	—
Other share purchase programs	—	—		571,134	85,010
Other purchases (2)	3,088,027	470,322		—	—
Total	16,706,190	$	2,554,084	571,134	$	85,010

 _______________

(1) We conduct a publicly announced open-market share purchase program for Accenture plc Class A ordinary shares. These shares are held as treasury shares by Accenture plc and may be utilized to provide for select employee benefits, such as equity awards to our employees.

(2) During fiscal 2018, as authorized under our various employee equity share plans, we acquired Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under those plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and the other share purchase programs.

(3) In connection with the internal merger described in Note 1 (Summary of Significant Accounting Policies) in which Accenture Holdings plc merged with and into Accenture plc, shareholders of Accenture Holdings plc received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, after which Accenture Holdings plc ceased to exist. Accordingly, as of March 13, 2018, there were no longer any ordinary shares of Accenture Holdings plc outstanding.

Other Share Redemptions

During fiscal 2018, we issued 25,906,176 Accenture plc Class A ordinary shares. The merger, described in Note 1 (Summary of Significant Accounting Policies) resulted in 25,554,372 Accenture plc Class A ordinary shares being issued in exchange for Accenture Holdings plc shares on March 13, 2018. Additionally, prior to the merger, we issued 351,804 Accenture plc Class A ordinary shares upon redemptions of an equivalent number of Accenture Holdings plc ordinary shares pursuant to a registration statement on Form S-3 (the “registration statement”). Under the registration statement we, at our option, could issue freely tradable Accenture plc Class A ordinary shares in lieu of cash upon redemptions of Accenture Holdings plc ordinary shares held by current and former members of Accenture Leadership and their permitted transferees. In connection with the merger of Accenture Holdings plc with and into Accenture plc, we have terminated the registration statement.

Cancellation of Treasury Shares

During fiscal 2018, we cancelled11,620,621Accenture plc Class A ordinary shares that were held as treasury shares and had an aggregate cost of$1,582,067. The effect of the cancellation of these treasury shares was recognized in Class A ordinary shares and Additional paid-in capital with the residual recorded in Retained earnings. There was no effect on total shareholders’ equity as a result of this cancellation.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Dividends

Our dividend activity during fiscal 2018 was as follows:

	Dividend Per Share		Accenture plc Class A Ordinary Shares			Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (1)			Total  Cash Outlay
Dividend Payment Date			Record Date	Cash Outlay		Record Date	Cash Outlay
November 15, 2017	$	1.33	October 19, 2017	$	817,241	October 17, 2017	$	36,373	$	853,614
May 15, 2018	1.33		April 12, 2018	853,831		April 10, 2018	1,279		855,110
Total Dividends				$	1,671,072		$	37,652	$	1,708,724

_______________

(1) The dividend for the three months ended May 31, 2018 included payments made to holders of Accenture Canada Holdings Inc. exchangeable shares while the dividend for the three months ended November 30, 2017 included payments made to holders of both Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. exchangeable shares. See Note 1 (Summary of Significant Accounting Policies) for additional information on Accenture Holdings plc.

The payment of the cash dividends also resulted in the issuance of an immaterial number of additional restricted share units to holders of restricted share units.

Subsequent Events

On September 26, 2018, the Board of Directors of Accenture plc declared a semi-annual cash dividend of $1.46per share on its Class A ordinary shares for shareholders of record at the close of business on October 18, 2018 payable on November 15, 2018. The payment of the cash dividends will result in the issuance of an immaterial number of additional restricted share units to holders of restricted share units. In addition, on September 27, 2018, we announced that we are changing the frequency of any cash dividend payments to shareholders during fiscal 2020 from semi-annual to quarterly.

On September 26, 2018, the Board of Directors of Accenture plc approved $5,000,000 in additional share repurchase authority bringing Accenture’s total outstanding authority to $5,950,443.

14.    LEASE COMMITMENTS

We have operating leases, principally for office space, with various renewal options. Substantially all operating leases are non-cancelable or cancelable only by the payment of penalties. Rental expense in agreements with rent holidays and scheduled rent increases is recorded on a straight-line basis over the lease term. Rental expense, including operating costs and taxes, and sublease income from third parties during fiscal 2018, 2017 and 2016 was as follows:

	Fiscal
	2018			2017			2016
Rental expense	$	653,531		$	617,014		$	578,149
Sublease income from third parties	(28,219		)	(28,992		)	(26,403		)

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Future minimum rental commitments under non-cancelable operating leases as of August 31, 2018 were as follows:

	Operating Lease Payments		Operating Sublease Income
2019	$	598,483	$	(28,083	)
2020	543,125		(24,115		)
2021	474,478		(17,221		)
2022	411,002		(7,932		)
2023	338,630		(7,661		)
Thereafter	1,285,763		(40,286		)
	$	3,651,481	$	(125,298	)

15.    COMMITMENTS AND CONTINGENCIES

Commitments

We have the right to purchase at fair value, or if certain events occur may be required to purchase at fair value, the outstanding shares of our SinnerSchrader AG subsidiary. As of August 31, 2018, the fair value of the redeemable common stock of SinnerSchrader AG of $46,703 was included in Other accrued liabilities in the Consolidated Balance Sheets.

During fiscal 2018, we purchased shares related to the remaining outstanding redeemable common stock and options on redeemable common stock of our Avanade Inc. subsidiary and eliminated the liability, which was $52,996 as of August 31, 2017 and was included in Other accrued liabilities in the Consolidated Balance Sheets.

Indemnifications and Guarantees

In the normal course of business and in conjunction with certain client engagements, we have entered into contractual arrangements through which we may be obligated to indemnify clients with respect to certain matters. These arrangements with clients can include provisions whereby we have joint and several liability in relation to the performance of certain contractual obligations along with third parties also providing services and products for a specific project. In addition, our consulting arrangements may include warranty provisions that our solutions will substantially operate in accordance with the applicable system requirements. Indemnification provisions are also included in arrangements under which we agree to hold the indemnified party harmless with respect to third-party claims related to such matters as title to assets sold or licensed or certain intellectual property rights.

Typically, we have contractual recourse against third parties for certain payments we made in connection with arrangements where third-party nonperformance has given rise to the client’s claim. Payments we made under any of the arrangements described above are generally conditioned on the client making a claim, which may be disputed by us typically under dispute resolution procedures specified in the particular arrangement. The limitations of liability under these arrangements may be expressly limited or may not be expressly specified in terms of time and/or amount.

As of August 31, 2018 and 2017, our aggregate potential liability to our clients for expressly limited guarantees involving the performance of third parties was approximately$782,000 and $697,000, respectively, of which all but approximately $130,000 and $149,000, respectively, may be recovered from the other third parties if we are obligated to make payments to the indemnified parties as a consequence of a performance default by the other third parties. For arrangements with unspecified limitations, we cannot reasonably estimate the aggregate maximum potential liability, as it is inherently difficult to predict the maximum potential amount of such payments, due to the conditional nature and unique facts of each particular arrangement.

To date, we have not been required to make any significant payment under any of the arrangements described above. We have assessed the current status of performance/payment risk related to arrangements with limited guarantees, warranty obligations, unspecified limitations and/or indemnification provisions and believe that any potential payments would be immaterial to the Consolidated Financial Statements, as a whole.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Legal Contingencies

As of August 31, 2018, we or our present personnel had been named as a defendant in various litigation matters. We and/or our personnel also from time to time are involved in investigations by various regulatory or legal authorities concerning matters arising in the course of our business around the world. Based on the present status of these matters, management believes the range of reasonably possible losses in addition to amounts accrued, net of insurance recoveries, will not have a material effect on our results of operations or financial condition.

16.    SEGMENT REPORTING

Operating segments are components of an enterprise where separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance.

Our chief operating decision makers are our Chief Executive Officer and Chief Financial Officer. Our operating segments are managed separately because each operating segment represents a strategic business unit providing consulting and outsourcing services to clients in different industries.

Our reportable operating segments are the five operating groups, which are Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. Information regarding our reportable operating segments is as follows:

Fiscal
2018	Communications, Media & Technology		Financial Services		Health & Public Service		Products		Resources		Other (3)			Total
Net revenues	$	8,030,775	$	8,237,982	$	6,688,467	$	10,854,339	$	5,657,178	$	104,709		$	39,573,450
Depreciation and amortization (1)	176,232		161,451		171,084		271,853		146,156		—			926,776
Operating income	1,368,142		1,352,870		755,559		1,649,785		714,685		—			5,841,041
Net assets as of August 31 (2)	984,345		23,666		989,150		1,571,620		1,046,216		153,725			4,768,722
2017
Net revenues	$	6,884,738	$	7,393,945	$	6,177,846	$	9,500,451	$	4,847,073	$	46,129		$	34,850,182
Depreciation and amortization (1)	148,690		147,343		143,659		228,400		133,697		—			801,789
Operating income	1,048,786		1,207,391		772,785		1,558,680		554,760		(509,793		)	4,632,609
Net assets as of August 31 (2)	916,325		155,386		911,605		1,299,898		953,820		112,264			4,349,298
2016
Net revenues	$	6,615,717	$	7,031,053	$	5,986,878	$	8,395,038	$	4,838,963	$	15,074		$	32,882,723
Depreciation and amortization (1)	141,356		139,518		134,788		206,806		106,584		—			729,052
Operating income	965,574		1,127,750		807,012		1,282,461		627,648		—			4,810,445
Net assets as of August 31 (2)	923,764		123,827		892,569		1,281,551		820,273		(137,761		)	3,904,223

_______________

(1) Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each operating segment, as well as an allocation for amounts they do not directly control.

(2) We do not allocate total assets by operating segment. Operating segment assets directly attributed to an operating segment and provided to the chief operating decision makers include receivables from clients, current and non-current unbilled services, deferred contract costs and current and non-current deferred revenues.

(3) Other operating income for fiscal 2017 represents the pension settlement charge.

The accounting policies of the operating segments are the same as those described in Note 1 (Summary of Significant Accounting Policies) to these Consolidated Financial Statements.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Revenues are attributed to geographic regions and countries based on where client services are supervised. Information regarding geographic regions and countries is as follows:

Fiscal	North America		Europe		Growth Markets		Total
2018
Net revenues	$	17,849,010	$	14,111,622	$	7,612,818	$	39,573,450
Reimbursements	927,266		738,062		364,650		2,029,978
Revenues	18,776,276		14,849,684		7,977,468		41,603,428
Property and equipment, net as of August 31	375,237		319,487		569,296		1,264,020
2017
Net revenues	$	16,290,842	$	12,002,025	$	6,557,315	$	34,850,182
Reimbursements	963,911		625,073		326,312		1,915,296
Revenues	17,254,753		12,627,098		6,883,627		36,765,478
Property and equipment, net as of August 31	274,463		294,154		571,981		1,140,598
2016
Net revenues	$	15,653,290	$	11,512,434	$	5,716,999	$	32,882,723
Reimbursements	970,248		637,212		307,478		1,914,938
Revenues	16,623,538		12,149,646		6,024,477		34,797,661
Property and equipment, net as of August 31	244,351		220,500		491,691		956,542

Our business in the United States represented 43%, 45% and 46% of our consolidated net revenues during fiscal 2018, 2017 and 2016, respectively. No other country individually comprised 10% or more of our consolidated net revenues during these periods. Business in Ireland, our country of domicile, represented approximately 1% of our consolidated net revenues during each of fiscal 2018, 2017 and 2016.

We conduct business in Ireland and in the following countries that hold 10% or more of our total consolidated Property and equipment, net:

	August 31, 2018		August 31, 2017		August 31, 2016
United States	27	%	23	%	25	%
India	19		25		25
Ireland	7		5		4

Revenues by type of work were as follows:

	Fiscal
	2018		2017		2016
Consulting	$	21,573,983	$	18,753,796	$	17,867,891
Outsourcing	17,999,467		16,096,386		15,014,832
Net revenues	39,573,450		34,850,182		32,882,723
Reimbursements	2,029,978		1,915,296		1,914,938
Revenues	$	41,603,428	$	36,765,478	$	34,797,661

F- 41

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

17.    QUARTERLY DATA (unaudited)

Fiscal 2018	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Annual
Net revenues	$	9,523,222	$	9,585,442	$	10,314,999	$	10,149,787	$	39,573,450
Reimbursements	531,271		482,390		523,855		492,462		2,029,978
Revenues	10,054,493		10,067,832		10,838,854		10,642,249		41,603,428
Cost of services before reimbursable expenses	6,470,962		6,737,048		6,995,871		6,926,656		27,130,537
Reimbursable expenses	531,271		482,390		523,855		492,462		2,029,978
Cost of services	7,002,233		7,219,438		7,519,726		7,419,118		29,160,515
Operating income	1,485,880		1,282,764		1,619,726		1,452,671		5,841,041
Net income	1,188,542		919,540		1,058,141		1,048,371		4,214,594
Net income attributable to Accenture plc	1,123,660		863,703		1,043,020		1,029,524		4,059,907
Weighted average Class A ordinary shares:
—Basic	615,835,525		617,854,667		639,217,344		640,575,241		628,451,742
—Diluted	656,672,417		656,118,796		654,600,026		653,960,751		655,296,150
Earnings per Class A ordinary share:
—Basic	$	1.82	$	1.40	$	1.63	$	1.61	$	6.46
—Diluted	1.79		1.37		1.60		1.58		6.34
Ordinary share price per share:
—High	$	148.60	$	165.58	$	164.30	$	169.92	$	169.92
—Low	129.10		145.75		146.05		155.30		129.10

F- 42

ACCENTURE PLC

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (continued)

(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)

Fiscal 2017	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Annual
Net revenues	$	8,515,517	$	8,317,671	$	8,867,036	$	9,149,958	$	34,850,182
Reimbursements	490,086		444,511		489,751		490,948		1,915,296
Revenues	9,005,603		8,762,182		9,356,787		9,640,906		36,765,478
Cost of services before reimbursable expenses	5,785,485		5,813,515		5,957,405		6,263,285		23,819,690
Reimbursable expenses	490,086		444,511		489,751		490,948		1,915,296
Cost of services	6,275,571		6,258,026		6,447,156		6,754,233		25,734,986
Operating income	1,331,959		1,138,653		865,435		1,296,562		4,632,609
Net income	1,059,749		887,208		704,801		983,174		3,634,932
Net income attributable to Accenture plc	1,004,476		838,752		669,468		932,453		3,445,149
Weighted average Class A ordinary shares:
—Basic	621,569,764		621,999,948		619,436,804		617,515,125		620,104,250
—Diluted	663,752,830		661,079,375		658,770,425		658,384,196		660,463,227
Earnings per Class A ordinary share:
—Basic	$	1.62	$	1.35	$	1.08	$	1.51	$	5.56
—Diluted	1.58		1.33		1.05		1.48		5.44
Ordinary share price per share:
—High	$	124.96	$	125.72	$	126.53	$	130.92	$	130.92
—Low	108.83		112.31		114.82		119.10		108.83

F- 43

EX-10.28

Exhibit 10.28

INDEMNIFICATION AGREEMENT

This Indemnification Agreement (this “Agreement”) is entered into as of [________________] (the “Effective Date”) between (a) Accenture Inc., a Delaware corporation and a direct, controlled subsidiary of Accenture plc (the “Indemnitor”), and (b) [____________] (the “Indemnitee”).

RECITALS

WHEREAS, Accenture plc, a public limited company organized under the laws of the Republic of Ireland (“Accenture”), is the ultimate parent company of the Indemnitor and a direct or indirect stockholder of the Indemnitor (as the case may be from time to time);

WHEREAS, the Indemnitor desires to ensure that Accenture benefits from the services of highly competent persons such as the Indemnitee;

WHEREAS, Accenture and the Indemnitor believe that in order to attract and retain highly competent persons such as the Indemnitee to serve as directors and officers, it is appropriate to provide such persons with adequate protection through indemnification and advancement against risks of claims and actions against them arising out of their service to and activities on behalf of Accenture;

WHEREAS, Accenture and the Indemnitor have requested that the Indemnitee serve and continue to serve as a director or officer of Accenture and in any other capacity with respect to Accenture as Accenture may request; and

WHEREAS, Accenture desires to have the Indemnitee serve and continue to serve as a director or officer of Accenture and in any other capacity with respect to Accenture as Accenture may request, and the Indemnitee desires to be indemnified by the Indemnitor and has agreed to serve and continue to serve Accenture in reliance upon the Indemnitor’s promise to provide indemnification and other protections to the Indemnitee on the basis hereinafter set forth.

AGREEMENT

NOW, THEREFORE, in consideration of the Indemnitee’s continued service as a director or officer of Accenture, the parties hereto agree as follows:

1.Definitions. For purposes of this Agreement:

(a)    A “Change in Control” will be deemed to have occurred if, with respect to any particular 24-month period, the individuals who, at the beginning of such 24-month period, constituted the Board of Directors of Accenture (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors; provided, however, that any individual becoming a director subsequent to the beginning of such 24-month period whose election, or nomination for election by the shareholders of Accenture, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a person other than the Board of Directors.

(b)    “Company” means Accenture and any of its subsidiaries, including the Indemnitor.

(c)    “Disinterested Director” means a director of Accenture, in Accenture’s capacity as the ultimate parent company and a direct or indirect stockholder of the Indemnitor, who is not or was not a party to the Proceeding in respect of which indemnification is being sought by the Indemnitee from the Indemnitor, and the “Board of Directors” means the Board of Directors of Accenture, acting on behalf of Accenture in Accenture’s capacity as the ultimate parent company and a direct or indirect stockholder of the Indemnitor.

(d)    “Enterprise” means any other corporation, partnership, joint venture, trust, or other enterprise, including an employee benefit plan, but not including Accenture or any subsidiary of Accenture, that the Indemnitee, while a director, officer, employee, agent, or trustee of Accenture, is or was serving at the request of Accenture as a director, officer, employee, agent, or trustee.

(e)    “Expenses” includes, without limitation, expenses incurred in connection with the defense or settlement of any action, suit, arbitration, alternative dispute resolution mechanism, investigation, inquiry, judicial, administrative, or legislative hearing, or any other threatened, pending, or completed proceeding, including any and all appeals, whether of a civil, criminal, administrative, legislative, investigative, or other nature, attorneys’ fees, witness fees and expenses, fees and expenses of accountants and other advisors, retainers and disbursements and advances thereon, the premium, security for, and other costs relating to any bond (including cost bonds, appraisal bonds, or their equivalents), and any expenses of establishing a right to indemnification or advancement under Sections 9, 11, 13, and 16 hereof, but shall not include the amount of judgments, fines, ERISA excise taxes, or penalties actually levied against the Indemnitee, or any amounts paid in settlement by or on behalf of the Indemnitee.

(f)    “Independent Counsel” means a law firm or a member of a law firm that neither is presently nor in the past five years has been retained to represent (i) the Company or the Indemnitee in any matter material to either such party or (ii) any other party to the Proceeding giving rise to a request for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or the Indemnitee in an action to determine the Indemnitee’s right to indemnification under this Agreement.

(g)    “Proceeding” means any action, suit, arbitration, alternative dispute resolution mechanism, investigation, inquiry, judicial, administrative, or legislative hearing, or any other threatened, pending, or completed proceeding, including any and all appeals, whether of a civil, criminal, administrative, legislative, investigative, or other nature, to which the Indemnitee was or is a party or is threatened to be made a party or is otherwise involved in by reason of the fact that the Indemnitee is or was a director, officer, employee, agent, or trustee of the Company or while a director, officer, employee, agent, or trustee of the Company is or was serving at the request of the Company as a director, officer, employee, agent, or trustee of another Enterprise, or by reason of anything done or not done by the Indemnitee in any such capacity, whether or not the Indemnitee is serving in such capacity at the time any expense, liability, or loss is incurred for which indemnification or advancement can be provided under this Agreement.

2.Service by the Indemnitee. The Indemnitee shall serve and/or continue to serve as a director or officer of Accenture faithfully and to the best of the Indemnitee’s ability so long as the Indemnitee is duly elected or appointed and until such time as the Indemnitee’s successor is elected and qualified or the Indemnitee is removed as permitted by applicable law or resigns. By entering into this Agreement, the Indemnitee is deemed to be serving at the request of Accenture and the Indemnitor, which are deemed to be requesting such service.

3.Indemnification and Advancement of Expenses. The Indemnitor shall indemnify and hold harmless the Indemnitee, and shall pay to the Indemnitee in advance of the final disposition of any Proceeding all Expenses incurred by the Indemnitee in defending any such Proceeding, to the fullest

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extent authorized by the Delaware General Corporation Law (the “DGCL”), as the same exists or may hereafter be amended, all on the terms and conditions set forth in this Agreement. Without diminishing the scope of the rights provided by this Section, the rights of the Indemnitee to indemnification and advancement of Expenses provided hereunder shall include but shall not be limited to those rights hereinafter set forth, except that no indemnification or advancement of Expenses shall be paid to the Indemnitee:

(a)    to the extent expressly prohibited by applicable law;

(b)    for and to the extent that payment is actually made to the Indemnitee under a valid and collectible insurance policy or under a valid and enforceable indemnity clause, provision of the governing documents, or agreement of the Company (and the Indemnitee shall reimburse the Company for any amounts paid by the Company and subsequently so recovered by the Indemnitee); or

(c)    in connection with an action, suit, or proceeding, or part thereof voluntarily initiated by the Indemnitee (including claims and counterclaims, whether such counterclaims are asserted by (i) the Indemnitee, or (ii) the Company in an action, suit, or proceeding initiated by the Indemnitee), except a judicial proceeding pursuant to Section 11 to enforce rights under this Agreement, unless the action, suit, or proceeding, or part thereof, was authorized or ratified by Accenture, in its capacity as the ultimate parent company and a direct or indirect stockholder of the Indemnitor, in a decision by the Board of Directors of Accenture, or the Board of Directors otherwise determines that indemnification or advancement of Expenses is appropriate in such instance.

4.Third-Party Actions or Proceedings. Except as limited by Section 3 above, the Indemnitee shall be entitled to the indemnification rights provided in this Section if the Indemnitee was or is a party or is threatened to be made a party to, or was or is otherwise involved in, any Proceeding (other than an action by or in the right of the Company) by reason of the fact that the Indemnitee is or was a director, officer, employee, agent, or trustee of the Company or while a director, officer, employee, agent, or trustee of the Company is or was serving at the request of the Company as a director, officer, employee, agent, or trustee of another Enterprise, or by reason of anything done or not done by the Indemnitee in any such capacity. Pursuant to this Section, the Indemnitee shall be indemnified against all expense, liability, and loss (including judgments, fines, ERISA excise taxes, penalties, amounts paid in settlement by or on behalf of the Indemnitee, and Expenses) actually and reasonably incurred by the Indemnitee in connection with such Proceeding, if the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, had no reasonable cause to believe his or her conduct was unlawful.

5.Proceedings by or in the Right of the Company. Except as limited by Section 3 above, the Indemnitee shall be entitled to the indemnification rights provided in this Section if the Indemnitee was or is a party or is threatened to be made a party to, or was or is otherwise involved in, any Proceeding brought by or in the right of the Company to procure a judgment in its favor by reason of the fact that the Indemnitee is or was a director, officer, employee, agent, or trustee of the Company or while a director, officer, employee, agent, or trustee of the Company is or was serving at the request of the Company as a director, officer, employee, agent, or trustee of another Enterprise, or by reason of anything done or not done by the Indemnitee in any such capacity. Pursuant to this Section, the Indemnitee shall be indemnified against all Expenses if the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company; provided, however, that no such indemnification shall be made in respect of any claim, issue, or matter as to which the DGCL expressly prohibits such indemnification by reason of any adjudication of liability of the Indemnitee to the Company, unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, the Indemnitee is entitled to indemnification for such expense, liability, and loss as such court shall deem proper.

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6.Indemnification for Costs, Charges, and Expenses of Successful Party. Notwithstanding any limitations of Sections 3(c), 4, and 5 above, to the extent that the Indemnitee has been successful, on the merits or otherwise, in whole or in part, in defense of any Proceeding, or in defense of any claim, issue, or matter therein, including, without limitation, the dismissal of any action without prejudice, or if it is ultimately determined, by final judicial decision of a court of competent jurisdiction from which there is no further right to appeal, that the Indemnitee is otherwise entitled to be indemnified against Expenses, the Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by the Indemnitee in connection therewith.

7.Partial Indemnification. If the Indemnitee is entitled under any provision of this Agreement to indemnification for some or a portion of the expense, liability, and loss (including judgments, fines, ERISA excise taxes, penalties, amounts paid in settlement by or on behalf of the Indemnitee, and Expenses) actually and reasonably incurred in connection with any Proceeding, or in connection with any judicial proceeding pursuant to Section 11 to enforce rights under this Agreement, but not, however, for all of the total amount thereof, the Indemnitor shall nevertheless indemnify the Indemnitee for the portion of such expense, liability, and loss actually and reasonably incurred to which the Indemnitee is entitled.

8.Indemnification for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the maximum extent permitted by the DGCL, the Indemnitee shall be entitled to indemnification against all Expenses actually and reasonably incurred by the Indemnitee or on the Indemnitee’s behalf if the Indemnitee appears as a witness or otherwise incurs legal expenses as a result of or related to the Indemnitee’s service as a director, officer, employee, agent, or trustee of the Company, in any threatened, pending, or completed action, suit, arbitration, alternative dispute resolution mechanism, investigation, inquiry, judicial, administrative, or legislative hearing, or any other threatened, pending, or completed proceeding, whether of a civil, criminal, administrative, legislative, investigative, or other nature, to which the Indemnitee neither is, nor is threatened to be made, a party.

9.Determination of Entitlement to Indemnification. To receive indemnification under this Agreement, the Indemnitee shall submit a written request to the Company, to the attention of an appropriate individual designated from time to time. Such request shall include documentation or information that is necessary for such determination and is reasonably available to the Indemnitee. Upon receipt by the Company of a written request by the Indemnitee for indemnification, the entitlement of the Indemnitee to indemnification from the Indemnitor pursuant to the terms of this Agreement, to the extent not required pursuant to the terms of Section 6 or Section 8 of this Agreement, shall be determined by Accenture, in its capacity as the ultimate parent company and a direct or indirect stockholder of the Indemnitor, in a decision by the following person or persons who shall be empowered to make such determination (as selected by the Board of Directors, except with respect to Section 9(d) below): (a) the Board of Directors of Accenture by a majority vote of Disinterested Directors, whether or not such majority constitutes a quorum; (b) a committee of Disinterested Directors designated by a majority vote of such directors, whether or not such majority constitutes a quorum; (c) if there are no Disinterested Directors, or if the Disinterested Directors so direct, by Independent Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to the Indemnitee; or (d) in the event that a Change in Control has occurred, by Independent Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to the Indemnitee. Such Independent Counsel shall be selected by Accenture, in a decision by the Board of Directors, and approved by the Indemnitee, except that in the event that a Change in Control has occurred, Independent Counsel shall be selected by the Indemnitee. Upon failure of the Board of Directors so to select such Independent Counsel or upon failure of the Indemnitee so to approve (or so to select, in the event a Change in Control has occurred), such Independent Counsel shall be selected upon application to a court of competent jurisdiction. The determination of entitlement to indemnification shall be made and, unless a contrary determination is made, such indemnification shall be paid in full not later than 60 calendar days after receipt by the Company of a written request for indemnification. If it shall be determined that the Indemnitee is entitled to indemnification as to part (but not all) of the application for indemnification, such partial indemnification shall be reasonably prorated among the claims, issues, or matters at issue at the time of the determination.

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10.Presumptions and Effect of Certain Proceedings. Upon making a request for indemnification, the Indemnitee shall be presumed to be entitled to indemnification hereunder and the Indemnitor shall have the burden of proof in making any determination contrary to such presumption. If the requested determination with respect to indemnification has not been made within 60 calendar days after receipt by the Company of such request, a requisite determination of entitlement to indemnification shall be deemed to have been made and the Indemnitee shall be absolutely entitled to such indemnification, absent actual fraud in the request for indemnification. The termination of any Proceeding described in Sections 4 or 5 by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself (a) create a presumption that the Indemnitee did not act in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, had reasonable cause to believe his or her conduct was unlawful or (b) otherwise adversely affect the rights of the Indemnitee to indemnification except as may be provided herein.

11.Remedies of the Indemnitee in Cases of Determination Not to Indemnify or to Advance Expenses; Right to Bring Suit. In the event that a determination is made that the Indemnitee is not entitled to indemnification hereunder or if payment is not timely made following a determination of entitlement to indemnification pursuant to Sections 9 and 10, or if an advancement of Expenses is not timely made pursuant to Section 16, the Indemnitee may at any time thereafter bring suit seeking an adjudication of entitlement to such indemnification or advancement of Expenses, and any such suit shall be brought in the Court of Chancery of the State of Delaware. The Indemnitor shall not oppose the Indemnitee’s right to seek any such adjudication. In any suit brought by the Indemnitee to enforce a right to indemnification hereunder (but not in a suit brought by the Indemnitee to enforce a right to an advancement of Expenses), it shall be a defense that the Indemnitee has not met any applicable standard of conduct for indemnification set forth in the DGCL, including the standard described in Section 4 or 5, as applicable.  Further, in any suit brought by the Indemnitor to recover an advancement of Expenses pursuant to the terms of an undertaking, the Indemnitor shall be entitled to recover such Expenses upon a final judicial decision of a court of competent jurisdiction from which there is no further right to appeal that the Indemnitee has not met the standard of conduct described above. Neither the failure of the Indemnitor to have made a determination prior to the commencement of such suit that indemnification of the Indemnitee is proper in the circumstances because the Indemnitee has met the standard of conduct described above, nor an actual determination by the Indemnitor that the Indemnitee has not met the standard of conduct described above shall create a presumption that the Indemnitee has not met the standard of conduct described above, or, in the case of such a suit brought by the Indemnitee, be a defense to such suit. In any suit brought by the Indemnitee to enforce a right to indemnification or to an advancement of Expenses hereunder, or brought by the Indemnitor to recover an advancement of Expenses pursuant to the terms of an undertaking, the burden of proving that the Indemnitee is not entitled to be indemnified, or to such advancement of expenses, under this Section 11 or otherwise shall be on the Indemnitor. If a determination is made or deemed to have been made pursuant to the terms of Section 9 or 10 that the Indemnitee is entitled to indemnification, the Indemnitor shall be bound by such determination and are precluded from asserting that such determination has not been made or that the procedure by which such determination was made is not valid, binding, and enforceable. The Indemnitor further agrees to stipulate in any court pursuant to this Section 11 that it is bound by all the provisions of this Agreement and is precluded from making any assertions to the contrary. If the court shall determine that the Indemnitee is entitled to any indemnification or advancement of Expenses hereunder, the Indemnitor shall pay all Expenses actually and reasonably incurred by the Indemnitee in connection with such adjudication (including, but not limited to, any appellate proceedings) to the fullest extent permitted by law, and in any suit brought by the Indemnitor to recover an advancement of Expenses pursuant to the terms of an undertaking, the Indemnitor shall pay all Expenses actually and reasonably incurred by the Indemnitee in connection with such suit to the extent the Indemnitee has been successful, on the merits or otherwise, in whole or in part, in defense of such suit, to the fullest extent permitted by law.

12.Non-Exclusivity of Rights. The rights to indemnification and to the advancement of Expenses provided by this Agreement shall not be deemed exclusive of any other right that the

5

Indemnitee may now or hereafter acquire under any applicable law, agreement, vote of stockholders or Disinterested Directors, provisions of any governing documents (including those of the Company and the Indemnitor), or otherwise.

13.Expenses to Enforce Agreement. In the event that the Indemnitee is subject to or intervenes in any action, suit, or proceeding in which the validity or enforceability of this Agreement is at issue or seeks an adjudication to enforce the Indemnitee’s rights under, or to recover damages for breach of, this Agreement, the Indemnitee, if the Indemnitee prevails in whole or in part in such action, suit, or proceeding, shall be entitled to recover from the Indemnitor and shall be indemnified by the Indemnitor against any Expenses actually and reasonably incurred by the Indemnitee in connection therewith.

14.Continuation of Indemnity. All agreements and obligations of the Indemnitor contained herein shall continue during the period the Indemnitee is a director, officer, employee, agent, or trustee of the Company or while a director, officer, employee, agent, or trustee is serving at the request of the Company as a director, officer, employee, agent, or trustee of another Enterprise, and shall continue thereafter with respect to any possible claims based on the fact that the Indemnitee was a director, officer, employee, agent, or trustee of the Company or was serving at the request of the Company as a director, officer, employee, agent, or trustee of another Enterprise. This Agreement shall be binding upon all successors and assigns of the Indemnitor (including any transferee of all or substantially all of its assets and any successor by merger or operation of law) and shall inure to the benefit of the Indemnitee’s heirs, executors, and administrators.

15.Notification and Defense of Proceeding. Promptly after receipt by the Indemnitee of notice of any Proceeding, the Indemnitee shall, if a request for indemnification or an advancement of Expenses in respect thereof is to be made under this Agreement, notify the Company in writing of the commencement thereof (with such notice directed to the attention of an appropriate individual designated from time to time); but the omission so to notify the Company shall not relieve the Indemnitor from any liability that it may have to the Indemnitee. Notwithstanding any other provision of this Agreement, with respect to any such Proceeding of which the Indemnitee notifies the Company:

(a)    The Company shall be entitled to participate therein at its own expense;

(b)    Except as otherwise provided in this Section 15(b), to the extent that it may wish, the Company, jointly with any other indemnifying party similarly notified, shall be entitled to assume the defense thereof, with counsel satisfactory to the Indemnitee. After notice from the Company to the Indemnitee of its election so to assume the defense thereof, the Indemnitor shall not be liable to the Indemnitee under this Agreement for any expenses of counsel subsequently incurred by the Indemnitee in connection with the defense thereof except as otherwise provided below. The Indemnitee shall have the right to employ the Indemnitee’s own counsel in such Proceeding, but the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense of the Indemnitee unless (i) the employment of counsel by the Indemnitee has been authorized by the Company, (ii) the Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and the Indemnitee in the conduct of the defense of such Proceeding, or (iii) the Company shall not within 60 calendar days of receipt of notice from the Indemnitee in fact have employed counsel to assume the defense of the Proceeding, in each of which cases the fees and expenses of the Indemnitee’s counsel shall be at the expense of the Indemnitor. The Company shall not be entitled to assume the defense of any Proceeding brought by or on behalf of the Company or as to which the Indemnitee shall have made the conclusion provided for in (ii) above; and

(c)    Notwithstanding any other provision of this Agreement, the Indemnitee shall not be entitled to indemnification under this Agreement for any amounts paid in settlement of any Proceeding effected without the Company’s written consent, or for any judicial or other award, if the Company was not given an opportunity, in accordance with this Section 15, to participate in the defense of such Proceeding. The Company shall not settle any Proceeding in any manner that would impose any penalty or limitation

6

on or disclosure obligation with respect to the Indemnitee, or that would directly or indirectly constitute or impose any admission or acknowledgment of fault or culpability with respect to the Indemnitee, without the Indemnitee’s written consent. Neither the Company, nor the Indemnitee, shall unreasonably withhold consent to any proposed settlement.

16.Advancement of Expenses. All Expenses incurred by the Indemnitee in defending any Proceeding described in Section 4 or 5 shall be paid by the Indemnitor in advance of the final disposition of such Proceeding at the request of the Indemnitee. The Indemnitee’s right to advancement shall not be subject to the satisfaction of any standard of conduct and advances shall be made without regard to the Indemnitee’s ultimate entitlement to indemnification under the provisions of this Agreement or otherwise. To receive an advancement of Expenses under this Agreement, the Indemnitee shall submit a written request to the Company, to the attention of an appropriate individual designated from time to time. Such request shall reasonably evidence the Expenses incurred by the Indemnitee. The Indemnitee hereby undertakes to repay all amounts so advanced (without interest) if it shall ultimately be determined, by final judicial decision of a court of competent jurisdiction from which there is no further right to appeal, that the Indemnitee is not entitled to be indemnified for such Expenses as provided by this Agreement or otherwise. The Indemnitee’s undertaking to repay any such amounts is not required to be secured, and no other form of undertaking shall be required of the Indemnitee other than the execution of this Agreement. Each such advancement of Expenses shall be made within 20 calendar days after the receipt by the Company of such written request. The Indemnitee’s entitlement to Expenses under this Agreement shall include those incurred in connection with any action, suit, or proceeding by the Indemnitee seeking an adjudication pursuant to Section 11 of this Agreement (including the enforcement of this provision) to the extent the court shall determine that the Indemnitee is entitled to an advancement of Expenses hereunder.

17.Severability; Prior Indemnification Agreements. If any provision or provisions of this Agreement shall be held to be invalid, illegal, or unenforceable as applied to any person or entity or circumstance for any reason whatsoever, then, to the fullest extent permitted by law (a) the validity, legality, and enforceability of such provision in any other circumstance and of the remaining provisions of this Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal, or unenforceable, that are not by themselves invalid, illegal, or unenforceable) and the application of such provision to other persons or entities or circumstances shall not in any way be affected or impaired thereby, and (b) to the fullest extent possible, the provisions of this Agreement (including, without limitation, all portions of any paragraph of this Agreement containing any such provision held to be invalid, illegal, or unenforceable, that are not themselves invalid, illegal, or unenforceable) shall be construed so as to give effect to the intent of the parties that the Indemnitee shall receive protection to the fullest extent set forth in this Agreement. This Agreement shall supersede and replace any prior indemnification agreements entered into by and between the Company and the Indemnitee and any such prior agreements shall be terminated upon execution of this Agreement.

18.Headings; References; Pronouns. The headings of the sections of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof. References herein to section numbers are to sections of this Agreement. All pronouns and any variations thereof shall be deemed to refer to the singular or plural as appropriate.

19.Other Provisions.

(a)    This Agreement, and all disputes or controversies arising out of or related to this Agreement, shall be governed by, and construed in accordance with, the internal laws of the State of Delaware (including the DGCL), without regard to the laws of any other jurisdiction that might be applied because of conflicts of laws principles of the State of Delaware or any other state or jurisdiction. If a court of competent jurisdiction shall make a final determination that the provisions of the law of any jurisdiction other than the State of Delaware govern indemnification by the Indemnitor of the Indemnitee, then this

7

Agreement shall in all instances be enforceable to the fullest extent permitted under such law, notwithstanding any provision of this Agreement to the contrary.

(b)    The Indemnitor and the Indemnitee hereby irrevocably and unconditionally: (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought in the Chancery Court of the State of Delaware (the “Chancery Court”) or, if the Chancery Court does not have jurisdiction, another state court or federal court located within the State of Delaware; (ii) consent to submit to the exclusive jurisdiction of the state and federal courts of the State of Delaware for purposes of any action or proceeding arising out of or in connection with this Agreement; (iii) agree, to the extent the Indemnitor or the Indemnitee are not otherwise subject to service of process in the State of Delaware, to appoint and maintain an agent in the State of Delaware as its agent in the State of Delaware for acceptance of legal process with respect to matters involving this Agreement, and that service of process may also be made on such party by prepaid certified mail with a proof of mailing receipt validated by the U.S. Postal Service constituting evidence of valid service, and that service by either of the foregoing means shall have the same legal force and validity as if served upon such party personally within the State of Delaware; (iv) waive any objection to the laying of venue of any action or proceeding arising out of or in connection with this Agreement in the courts of the State of Delaware, and (v) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the courts of the State of Delaware has been brought in an improper or inconvenient forum.

(c)    This Agreement may be executed in two or more counterparts, all of which shall be considered one and the same instrument and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party.

(d)    This Agreement shall not be deemed an employment contract with any Indemnitee who is an officer of Accenture, and, if the Indemnitee is an officer of Accenture, the Indemnitee specifically acknowledges that the Indemnitee may be discharged at any time for any reason, with or without cause, and with or without severance compensation, except as may be otherwise provided in a separate written contract between the Indemnitee and Accenture.

(e)    In the event of payment under this Agreement, the Indemnitor shall be subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee (excluding insurance obtained on the Indemnitee’s own behalf), and the Indemnitee shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable the Indemnitor effectively to bring suit to enforce such rights.

(f)    This Agreement may not be amended, modified, or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument in writing specifically designated as an amendment hereto, signed on behalf of each party. No failure or delay of either party in exercising any right or remedy hereunder shall operate as a waiver thereof, and no single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such right or power, or any course of conduct, shall preclude any other or further exercise thereof or the exercise of any other right or power.

[The remainder of this page is intentionally left blank.]

8

IN WITNESS WHEREOF, the Indemnitor and the Indemnitee have caused this Agreement to be executed as of the date first written above.

ACCENTURE INC.

By: ____________________________    
Name:
Title:

_______________________________    
Name:
Indemnitee

SIGNATURE PAGE TO INDEMNIFICATION AGREEMENT

EX-21.1

Exhibit 21.1

Subsidiaries of the Registrant

Certain subsidiaries of the registrant and their subsidiaries are listed below. Pursuant to Item 601(b)(21) of Regulation S-K, the names of particular subsidiaries have, in certain instances, been omitted because, considered in the aggregate as a single subsidiary, they would not constitute, as of the end of the year covered by this report, a "significant subsidiary" as that term is defined in Rule 1-02(w) of Regulation S-X under the Securities Exchange Act of 1934.

Name	Country of Organization
Sistemes Consulting S.L.	Andorra
Accenture SRL	Argentina
Accenture Service Center SRL	Argentina
Accenture Australia Pty Ltd	Australia
2nd Road Pty Ltd.	Australia
Accenture Australia Holdings Pty Ltd	Australia
Accenture Cloud Solutions Australia Pty Ltd	Australia
Accenture Cloud Solutions Pty Ltd	Australia
Accenture Solutions Pty Ltd	Australia
Avanade Australia Pty Ltd	Australia
DayNine Consulting (Australia) PTY LTD	Australia
InteractiveBroadband Consulting Group Australia Pty Ltd	Australia
Loud & Clear Creative Pty Ltd	Australia
Maud Corp Pty Limited	Australia
The Monkeys Pty Limited	Australia
Octo Technology Pty Ltd	Australia
Redcore Group Holdings Pty Ltd	Australia
Redcore Pty Ltd	Australia
Simian Pty Limited	Australia
Troop Studios Pty Ltd	Australia
Accenture GmbH	Austria
Accenture Technology Solutions GmbH	Austria
Avanade Österreich GmbH	Austria
Accenture Communications Infrastructure Solutions Ltd	Bangladesh
Accenture BPM S.C.R.L.	Belgium
Accenture NV/SA	Belgium
Accenture Technology Ventures S.P.R.L.	Belgium
Avanade Belgium SPRL	Belgium
Octo Technology SPRL	Belgium
Accenture Technologia, Consultoria e Outsourcing S.A.	Bolivia
Accenture (Botswana) (Proprietary) Limited	Botswana
Accenture do Brasil Limitada	Brazil
Accenture Servicos de Suporte de Negocios Ltda	Brazil
Accenture Servicos Administrativos Ltda	Brazil
AD Dialeto Agencia de Publicidade SA	Brazil
Avanade do Brasil Limitada	Brazil
BPO Servicos Administrativos Ltda	Brazil
Concrete Desenvolvimento de Sistemas Ltda.	Brazil
Concrete Solutions Ltda.	Brazil

1

Name	Country of Organization
Gapso Serviços de Informática Ltda.	Brazil
Vivere Brasil Serviços e Soluções SA	Brazil
Accenture Bulgaria EOOD	Bulgaria
Accenture Business Services for Utilities Inc	Canada
Accenture Business Services of British Columbia Limited Partnership	Canada
Accenture Canada Holdings Inc.	Canada
Accenture Inc	Canada
Accenture Nova Scotia Unlimited Liability Co.	Canada
Avanade Canada Inc.	Canada
Gestion Altima Canada Inc.	Canada
Kurt Salmon Canada LTD	Canada
NBS Marketing Inc.	Canada
PCO Innovation Canada Inc.	Canada
Accenture Chile Asesorias y Servicios Ltda	Chile
Neo Metrics Chile, S.A.	Chile
Accenture (Beijing) Mobile Technology Co Ltd	China
Accenture (China) Co Ltd	China
Accenture Enterprise Development (Shanghai) Co Ltd.	China
Accenture Technology Solutions (Dalian) Co Ltd	China
Aorui Advertising (Shanghai) Co., Ltd.	China
Avanade (Guangzhou) Computer Technology Development Co., Ltd.	China
Chengdu Mensa Advertising Co., Ltd.	China
designaffairs Business Consulting (Shanghai) Co. Ltd.	China
Inventor Advertisement (Beijing) Co., Ltd.	China
Mackevision CG Technology and Service (Shanghai) Co. Ltd.	China
Nanjing Demeng Advertising Co., Ltd.	China
NewsPage China Ltd.	China
Qi Jie Beijing Information Technologies Co Ltd	China
Shanghai Baiyue Advertising Co., Ltd.	China
Shun Zhe Technology Development Co. Ltd.	China
Vertical Retail Consulting (Shanghai) Ltd.	China
Xiamen Zang Tong Information Technology Co Ltd	China
Accenture Ltda	Colombia
Accenture S.R.L.	Costa Rica
Accenture Services SRL	Costa Rica
Search Technologies LATAM, S.A.	Costa Rica
Accenture Business and Technology Services LLC	Croatia
Accenture Services s.r.o.	Czech Republic
INCAD, spol. s.r.o.	Czech Republic
SinnerSchrader Praha s.r.o.	Czech Republic
Accenture A/S	Denmark
Avanade Denmark A/S	Denmark
Accenture Ecuador S.A.	Ecuador
Accenture Egypt LLC	Egypt
Accenture Oy	Finland
Accenture Technology Solutions Oy	Finland

2

Name	Country of Organization
Accenture Services Oy	Finland
Avanade Finland Oy	Finland
PJP-Pankkijärjestelmäpalvelut Oy	Finland
Accenture Holdings France SAS	France
Accenture Insurance Services SAS	France
Accenture Post Trade Processing SAS	France
Accenture SAS	France
Accenture Technology Solutions SAS	France
Altima SAS	France
Appaloosa Technology SAS	France
Avanade France SAS	France
Digiplug SAS	France
Octo Technology SA	France
Pach Invest SAS	France
Accenture CAS GmbH	Germany
Accenture Cloud Services GmbH	Germany
Accenture Dienstleistungen GmbH	Germany
Accenture Digital Holdings GmbH	Germany
Accenture GmbH	Germany
Accenture Holding GmbH & Co. KG	Germany
Accenture Management GmbH	Germany
Accenture Services für Kreditinstitute GmbH	Germany
Accenture Services GmbH	Germany
Accenture Technology Solutions GmbH	Germany
Avanade Deutschland GmbH	Germany
designaffairs GmbH	Germany
GoodFilm GmbH Filmproduktion Stuttgart	Germany
Mackevision Medien Design GmbH Hamburg	Germany
Mackevision Medien Design GmbH München	Germany
Mackevision Medien Design GmbH Stuttgart	Germany
SinnerSchrader AG	Germany
SinnerSchrader Commerce GmbH	Germany
SinnerSchrader Content GmbH	Germany
SinnerSchrader Deutschland GmbH	Germany
SinnerSchrader Swipe GmbH	Germany
Accenture Ghana Limited	Ghana
Accenture Minority III Ltd	Gibraltar
Accenture plc	Gibraltar
Accenture S.A.	Greece
Accenture BPM Operations Support Services S.A.	Greece
Accenture Company Ltd	Hong Kong
Accenture Technology Solutions (HK) Co. Ltd.	Hong Kong
Altima Asia Ltd.	Hong Kong
Avanade Hong Kong Ltd	Hong Kong
AvantBiz Consulting Limited	Hong Kong
designaffairs group China Co. Ltd.	Hong Kong
DMA Solutions Limited	Hong Kong

3

Name	Country of Organization
Inventor Technology Limited	Hong Kong
LemonXL Limited	Hong Kong
Most Champion Ltd	Hong Kong
PacificLink iMedia Ltd.	Hong Kong
Pixo Punch Limited	Hong Kong
Seabury Aviation & Aerospace Asia (Hong Kong) Limited	Hong Kong
Vertical Retail Consulting Hong Kong, Ltd.	Hong Kong
Vertical Retail Consulting Ltd.	Hong Kong
Accenture Hungary Holdings Kft	Hungary
Accenture Industrial Software Solutions Kft	Hungary
Accenture Tanacsado Kolatolt Felelossegu Tarsasag	Hungary
Accenture Solutions Private Limited	India
Energy Quote Private Ltd.	India
Innoveer Solutions India Pvt Ltd	India
Kogentix Technologies Private Limited	India
Redcore (India) Private Limited (India)	India
Sanchez Capital Services Pvt Ltd	India
SolutionsIQ India Consulting Services Private Limited	India
Perseroan Terbatas. Accenture	Indonesia
PT Kogentix Teknologi Indonesia	Indonesia
Accenture Capital DAC	Ireland
Accenture Defined Benefit Pension Plan Trustees Ltd	Ireland
Accenture Defined Contribution Pension Plan Trustees Ltd	Ireland
Accenture Finance Limited	Ireland
Accenture Finance II Ltd	Ireland
Accenture Global Holdings Ltd.	Ireland
Accenture Global Services Ltd	Ireland
Accenture Global Solutions Ltd	Ireland
Accenture International Limited	Ireland
Accenture Limited	Ireland
Agave Consultants Limited	Ireland
Avanade Ireland Limited	Ireland
Exactside Limited	Ireland
Rothco Holdings Designated Activity Company	Ireland
Rothco Unlimited Company	Ireland
S3 TV Technology Limited	Ireland
Tadata Creative Unlimited Company	Ireland
Tara Insurance DAC	Ireland
Accenture Ltd	Israel
Maglan Information Defense Technologies Research Ltd.	Israel
Accenture SpA	Italy
Accenture Back Office and Administration Services S.p.A.	Italy
Accenture Finance and Accounting BPO Services S.p.A.	Italy
Accenture HR Services S.p.A.	Italy
Accenture Managed Services SpA	Italy
Accenture Technology Solutions SRL	Italy
Accenture Outsourcing SRL	Italy

4

Name	Country of Organization
Avanade Italy SRL	Italy
Fondazione Italiana Accenture	Italy
I-Faber S.p.A.	Italy
Accenture Japan Ltd	Japan
Avanade KK	Japan
DayNine Consulting Japan K.K.	Japan
IMJ Corporation	Japan
Mackevision Japan Co., Ltd.	Japan
Renacentis IT Services, Co. Ltd	Japan
Accenture East Africa Limited	Kenya
Accenture Sàrl	Luxembourg
Accenture International Capital SCA	Luxembourg
Accenture Sendirian Berhad	Malaysia
Accenture Technology Solutions Sdn. Bhd.	Malaysia
Accenture Solutions Sdn Bhd	Malaysia
Aspiro Solutions (Malaysia) Sdn Bhd	Malaysia
Avanade Malaysia Sdn Bhd	Malaysia
Hytracc Consulting Malaysia Sdn. Bhd.	Malaysia
NewsPage (Malaysia) Sdn Bhd	Malaysia
Seabury Malaysia Sdn. Bhd.	Malaysia
Accenture Services (Mauritius) Ltd	Mauritius
Accenture Process Ltd	Mauritius
Accenture S.C.	Mexico
Accenture Technology Solutions S.A. de C.V.	Mexico
Operaciones Accenture S.A. de C.V.	Mexico
Servicios Técnicos de Programación Accenture S.C.	Mexico
Accenture Services Morocco SA	Morocco
Accenture Maghreb S.a.r.l.	Morocco
Octo Technology SA	Morocco
Accenture Mozambique Limitada	Mozambique
ACN Consulting Co Ltd	Myanmar
Accenture Australia Holding B.V.	Netherlands
Accenture Branch Holdings B.V.	Netherlands
Accenture BV	Netherlands
Accenture Central Europe B.V.	Netherlands
Accenture Holdings B.V.	Netherlands
Accenture International BV	Netherlands
Accenture Korea BV	Netherlands
Accenture Middle East B.V	Netherlands
Accenture Minority I BV	Netherlands
Accenture Participations BV	Netherlands
Accenture Technology Ventures BV	Netherlands
Avanade Netherlands BV	Netherlands
Accenture NZ Limited	New Zealand
Cloud Sherpas New Zealand Ltd.	New Zealand
DayNine Consulting (New Zealand) Limited	New Zealand
Redcore (New Zealand) Limited	New Zealand

5

Name	Country of Organization
Accenture Ltd	Nigeria
Accenture AS	Norway
Avanade Norway AS	Norway
Accenture Services AS	Norway
Hytracc Consulting AS	Norway
Accenture Panama Inc	Panama
Accenture Peru S.R.L	Peru
Accenture Technology Solutions Srl	Peru
Accenture Inc	Philippines
Accenture Healthcare Processing Inc.	Philippines
Cloudsherpas, Inc.	Philippines
Search Technologies BPO, Inc.	Philippines
Zenta Global Philippines, Inc.	Philippines
Accenture Sp. z o.o.	Poland
Accenture Delivery Poland sp. z o.o.	Poland
Accenture Operations Sp. z o.o.	Poland
Accenture Services Sp. z o.o.	Poland
Avanade Poland Sp. z o.o.	Poland
Accenture 2 Business Process Services S.A.	Portugal
Accenture Consultores de Gestao S.A.	Portugal
Accenture Technology Solutions - Soluções Informáticas Integradas, S.A.	Portugal
Accenture Puerto Rico LLC	Puerto Rico
Accenture Services S.r.l.	Romania
Accenture Industrial Software Solutions SA	Romania
Accenture Managed Services SRL	Romania
Accenture OOO	Russia
Accenture Saudi Arabia Limited	Saudi Arabia
Accenture Pte Ltd	Singapore
Accenture SG Services Pte Ltd	Singapore
Accenture Solutions Pte Ltd	Singapore
Avanade Asia Pte Ltd	Singapore
Brand Learning Pte Limited	Singapore
Cloud Sherpas (SN) (PTE.) Limited	Singapore
Kogentix Singapore Pte. Ltd	Singapore
Mackevision Singapore Pte. Ltd.	Singapore
NewsPage Pte Ltd	Singapore
Redcore (Asia) Pte Ltd	Singapore
Accenture s.r.o.	Slovak Republic
Accenture Services s.r.o.	Slovak Republic
Accenture Technology Solutions Slovakia s.r.o.	Slovak Republic
Accenture (South Africa) (Proprietary) Limited	South Africa
Accenture Services Pty Ltd	South Africa
Accenture Technology Solutions Pty Ltd	South Africa
Accenture Africa Pty Ltd	South Africa
Accenture Technology Infrastructure Services Pty Ltd	South Africa
Avanade South Africa Pty Ltd	South Africa

6

Name	Country of Organization
Mackevision Korea Ltd	South Korea
Accenture Holdings (Iberia) S.L.	Spain
Accenture Outsourcing Services, S.A.	Spain
Accenture S.L.	Spain
Avanade Spain SL	Spain
CustomerWorks Europe SL	Spain
Energuia Web, S.A.	Spain
Informatica de Euskadi S.L	Spain
ITBS Servicios Bancarios de Tecnología de la Información SL	Spain
Tecnilogica Ecosistemas, S.A.	Spain
Accenture Lanka (Private) Ltd	Sri Lanka
Accenture AB	Sweden
Accenture Services AB	Sweden
Avanade Sweden AB	Sweden
Accenture AG	Switzerland
Accenture Holding GmbH	Switzerland
Accenture Finance GmbH	Switzerland
Accenture Finance II GmbH	Switzerland
Avanade Schweiz GmbH	Switzerland
Accenture Services AG	Switzerland
Octo Technology SA	Switzerland
Accenture Co Ltd	Taiwan
Accenture Consulting Services Ltd Tanzania	Tanzania
Accenture Co Ltd.	Thailand
Accenture Solutions Co Ltd	Thailand
Accenture Technology Solutions (Thailand) Co., Ltd	Thailand
IT One Company Limited	Thailand
AGS Business and Technology Services Limited	Trinidad and Tobago
Accenture Danismanlik Limited Sirketi	Turkey
Accenture Industrial Software Limited Liability Company (Accenture Endüstriyel Yazılım Çözümleri Limited Şirketi)	Turkey
Accenture Azerbaijan Ltd	United Kingdom
Accenture Cloud Solutions Ltd	United Kingdom
Accenture Cloud Software Solutions Ltd	United Kingdom
Accenture HR Services Ltd	United Kingdom
Accenture (UK) Ltd	United Kingdom
Accenture Post-Trade Processing Limited	United Kingdom
Accenture Systems Integration Limited	United Kingdom
Acquity Customer Insight Limited	United Kingdom
Allen International Consulting Group Ltd	United Kingdom
Avanade UK Ltd	United Kingdom
Avanade Europe Holdings Ltd	United Kingdom
Avanade Europe Services Ltd	United Kingdom
Brand Learning Group Limited	United Kingdom
The Brand Learning Partners Limited	United Kingdom
Certus Solutions Consulting Services Ltd	United Kingdom
Cloud Talent Limited	United Kingdom

7

Name	Country of Organization
Cutting Edge Solutions Ltd	United Kingdom
DayNine Consulting, Ltd.	United Kingdom
Energy Management Brokers Ltd.	United Kingdom
EnergyQuote Trading Ltd.	United Kingdom
EnergyQuote JHA Ltd.	United Kingdom
Focus Group Europe Limited	United Kingdom
Formicary Holdings Limited	United Kingdom
Formicary Limited	United Kingdom
GenFour Limited	United Kingdom
Imagine Broadband (USA) Ltd	United Kingdom
Infusion Development UK Limited	United Kingdom
K Comms Group Limited	United Kingdom
Karma Communications Holdings Limited	United Kingdom
Kaper Communications Limited	United Kingdom
Karma Communications Debtco Limited	United Kingdom
Karma Communications Group Limited	United Kingdom
Karmarama Comms Limited	United Kingdom
Karmarama Limited	United Kingdom
Kogentix Ltd	United Kingdom
Kream Comms Limited	United Kingdom
Kurt Salmon UKI, Ltd.	United Kingdom
Logistics Market Place Limited (UK)	United Kingdom
Mackevision UK Ltd	United Kingdom
Nice Agency Limited	United Kingdom
New Energy Associates Ltd	United Kingdom
Seabury Aviation & Aerospace (UK) Limited	United Kingdom
Search Technologies Limited	United Kingdom
Accenture 2 LLC	United States
Accenture Capital Inc	United States
Accenture Cloud Solutions LLC	United States
Accenture Credit Services LLC	United States
Accenture Federal Services LLC	United States
Accenture Flex LLC	United States
Accenture Inc	United States
Accenture Insurance Services LLC	United States
Accenture International LLC	United States
Accenture LLC	United States
Accenture LLP	United States
Accenture Sub Inc	United States
Accenture State Healthcare Services LLC	United States
Altitude LLC	United States
ASM Research LLC	United States
Avanade Federal Services LLC	United States
Avanade Holdings LLC	United States
Avanade Inc	United States
Avanade International Corporation	United States
BABCN LLC	United States

8

Name	Country of Organization
Brand Learning LLC	United States
Capital Consultancy Services, Inc.	United States
Clearhead Group, LLC	United States
Cloud Sherpas (GA) LLC	United States
Computer Research and Telecommunications LLC	United States
Davies Consulting, LLC	United States
DayNine Consulting LLC	United States
Declarative Holdings, LLC	United States
Defense Point Security, LLC	United States
Designaffairs, LLC	United States
Digital Consulting & Software Services LLC	United States
Duck Creek Technologies LLC	United States
First Annapolis Consulting, LLC	United States
First Annapolis International, LLC	United States
Imagine Broadband USA LLC	United States
InfusionDev LLC	United States
Interactive Broadband Consulting Group, LLC	United States
Investtech Systems Consulting LLC	United States
Kogentix LLC	United States
Kurt Salmon US LLC	United States
Mackevision Corporation	United States
MCG US Holdings LLC	United States
Meredith Specialty LLC	United States
Meredith Xcelerated Marketing Corporation	United States
Mindtribe Product Engineering LLC	United States
Mortgage Cadence LLC	United States
Pillar Technology Group LLC	United States
Procurian International I LLC	United States
Procurian International II LLC	United States
Procurian LLC	United States
Procurian USA LLC	United States
Proquire LLC	United States
Radiant Services, LLC	United States
Seabury Airline Planning Group, LLC	United States
Seabury Aviation Consulting LLC	United States
Seabury Corporate Advisors LLC	United States
Seabury Human Capital LLC	United States
Seabury Structured Finance LLC	United States
Search Technologies International LLC	United States
Search Technologies LLC	United States
Solutions IQ, LLC	United States
Wire Stone, LLC	United States
Zenta Mortgage Services LLC	United States
Zenta Recoveries Inc	United States
Zenta US Holdings Inc.	United States
Accenture Uruguay SRL	Uruguay
Accenture C.A	Venezuela

9

Name	Country of Organization
Accenture Vietnam Co., LTD	Vietnam
Accenture Zambia Limited	Zambia

10

EX-23.1

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

The Board of Directors

Accenture plc:

We consent to the incorporation by reference in the registration statements (No. 333-222927, No. 333-210973, No. 333-188134, No. 333-164737 and No. 333-65376-99) on Form S-8 of Accenture plc of our report dated October 24, 2018, with respect to the consolidated balance sheets of Accenture plc as of August 31, 2018 and 2017, and the related consolidated statements of income, comprehensive income, shareholders’ equity, and cash flows for each of the years in the three-year period ended August 31, 2018, and the related notes (collectively, the “consolidated financial statements”), and the effectiveness of internal control over financial reporting as of August 31, 2018, which report appears in the August 31, 2018 annual report on Form 10-K of Accenture plc.

/s/ KPMG LLP

Chicago, Illinois

October 24, 2018

EX-23.2

Exhibit 23.2

Consent of Independent Registered Public Accounting Firm

The Board of Directors

Accenture plc:

We consent to the incorporation by reference in the registration statements (No. 333-222927, No. 333-210973, No. 333-188134, No. 333-164737 and No. 333-65376-99) on Form S-8 of Accenture plc of our report dated October 24, 2018, with respect to the statements of financial condition and the Amended and Restated Accenture plc 2010 Employee Share Purchase Plan as of August 31, 2018 and 2017, and the related statements of operations and changes in plan equity for each of the years in the three-year period ended August 31, 2018, and the related notes, which report appears in an Exhibit to the August 31, 2018 annual report on Form 10-K of Accenture plc.

/s/ KPMG LLP

Chicago, Illinois

October 24, 2018

EX-31.1

Exhibit 31.1

CHIEF EXECUTIVE OFFICER CERTIFICATION

I, Pierre Nanterme, certify that:

1. I have reviewed this Annual Report on Form 10-K of Accenture plc for the fiscal year ended August 31, 2018, as filed with the Securities and Exchange Commission on the date hereof;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: October 24, 2018	/s/    PIERRE NANTERME
	Pierre Nanterme
	Chief Executive Officer of Accenture plc (principal executive officer)

EX-31.2

Exhibit 31.2

CHIEF FINANCIAL OFFICER CERTIFICATION

I, David P. Rowland, certify that:

1. I have reviewed this Annual Report on Form 10-K of Accenture plc for the fiscal year ended August 31, 2018, as filed with the Securities and Exchange Commission on the date hereof;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: October 24, 2018	/s/    DAVID P. ROWLAND
	David P. Rowland
	Chief Financial Officer of Accenture plc (principal financial officer)

EX-32.1

Exhibit 32.1

Certification of the Chief Executive Officer

Pursuant to 18 U.S.C. Section 1350,

As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Annual Report of Accenture plc (the “Company”) on Form 10-K for the fiscal year ended August 31, 2018 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Pierre Nanterme, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: October 24, 2018	/s/    PIERRE NANTERME
	Pierre Nanterme
	Chief Executive Officer of Accenture plc (principal executive officer)

EX-32.2

Exhibit 32.2

Certification of the Chief Financial Officer

Pursuant to 18 U.S.C. Section 1350,

As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Annual Report of Accenture plc (the “Company”) on Form 10-K for the fiscal year ended August 31, 2018 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, David P. Rowland, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: October 24, 2018	/s/    DAVID P. ROWLAND
	David P. Rowland
	Chief Financial Officer of Accenture plc (principal financial officer)

EX-99.1

Exhibit 99.1

Report of Independent Registered Public Accounting Firm

To the Participants of the Amended and Restated Accenture plc 2010 Employee Share Purchase Plan and the Compensation Committee of the Board of Directors of Accenture plc:

Opinion on the Financial Statements

We have audited the accompanying statements of financial condition of the Amended and Restated Accenture plc 2010 Employee Share Purchase Plan (the Plan) as of August 31, 2018 and 2017, the related statements of operations and changes in plan equity for each of the years in the three‑year period ended August 31, 2018, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Plan as of August 31, 2018 and 2017, and the results of its operations and changes in plan equity for each of the years in the three‑year period ended August 31, 2018, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as the Company’s auditor since 2010.

/s/ KPMG LLP

Chicago, Illinois

October 24, 2018

AMENDED AND RESTATED ACCENTURE PLC 2010 EMPLOYEE SHARE PURCHASE PLAN

STATEMENTS OF FINANCIAL CONDITION

August 31, 2018 and 2017

	2018		2017
Contributions receivable	$	155,814,779	$	141,341,228
Plan equity	$	155,814,779	$	141,341,228

The accompanying Notes are an integral part of these financial statements.

1

AMENDED AND RESTATED ACCENTURE PLC 2010 EMPLOYEE SHARE PURCHASE PLAN

STATEMENTS OF OPERATIONS AND CHANGES IN PLAN EQUITY

For the Years Ended August 31, 2018, 2017 and 2016

	2018			2017			2016
Participant contributions	$	783,971,866		$	702,878,318		$	621,860,588
Participant withdrawals	(22,245,475		)	(17,989,910		)	(17,960,725		)
Purchases of Accenture plc Class A ordinary shares	(747,252,840		)	(670,194,652		)	(585,013,794		)
Net additions	$	14,473,551		$	14,693,756		$	18,886,069
Plan equity at beginning of year	141,341,228			126,647,472			107,761,403
Plan equity at end of year	$	155,814,779		$	141,341,228		$	126,647,472

The accompanying Notes are an integral part of these financial statements.

2

AMENDED AND RESTATED ACCENTURE PLC 2010 EMPLOYEE SHARE PURCHASE PLAN

NOTES TO THE FINANCIAL STATEMENTS

1.    PLAN DESCRIPTION

The following description of the Amended and Restated Accenture plc 2010 Employee Share Purchase Plan (the “Plan”) is provided for general information purposes. Participants in the Plan should refer to the Plan document for more detailed and complete information. Under the Plan, there are two programs through which participants may purchase shares: (1) the Employee Share Purchase Plan (the “ESPP”) and (2) the Voluntary Equity Investment Program (the “VEIP”).

General

Under the Plan, which was approved by the shareholders of Accenture plc (the “Company”) at their February 4, 2010 meeting, and approved by the Board of Directors (the “Board”) on December 10, 2009, the Company was authorized to issue or transfer up to 45,000,000 Class A ordinary shares (“Shares”) of the Company. The Plan is administered by the Compensation Committee of the Board (the “Committee”), which may delegate its duties and powers in whole or in part as it determines, provided, however, that the Board may, in its sole discretion, take any action designated to the Committee under the Plan as it may deem necessary. The Company pays all expenses of the Plan. The Shares may consist, in whole or in part, of unissued Shares or previously issued Shares that have been reacquired.

At its October 30, 2015 meeting, the Board delegated to the Committee the authority to approve the issuance of an additional 45,000,000 Shares of the Company under the Plan. At its December 4, 2015 meeting, the Committee approved the issuance of an additional 45,000,000 Shares under the Plan, subject to shareholder approval. The Plan was approved by the shareholders of the Company at the February 3, 2016 annual general meeting.

The Plan provides eligible employees of the Company or of a participating subsidiary with an opportunity to purchase Shares at a purchase price established by the Committee, which shall in no event be less than 85% of the fair market value of a Share on the purchase date.

The fair market value on a given date is defined as the arithmetic mean of the high and low prices of the Shares as reported on such date on the composite tape of the principal national securities exchange on which the Shares are listed or admitted to trading, or, if no sale of Shares shall have been reported on the composite tape of any national securities exchange on such date, then the immediately preceding date on which sales of the Shares have been so reported or quoted shall be used.

In general, any individual who is an employee of the Company or of a participating subsidiary is eligible to participate in the Plan, except that the Committee may exclude employees (either individually or by reference to a subset thereof) from participation (1) whose customary employment is less than five months per calendar year or 20 hours or less per week; (2) who own shares equaling 5% or more of the total combined voting power or value of all classes of shares of the Company or any subsidiary; or (3) who are highly compensated employees under the Internal Revenue Code (the “Code”). The Plan does not currently qualify as an employee stock purchase plan under Section 423 of the Code and therefore receipt of the Shares will be a taxable event to the participant. The Plan is not subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended.

Contributions

Payroll deductions will generally be made from the compensation paid to each participant during an offering period in a whole percentage as elected by the participant but not to exceed the maximum percentage of the participant’s eligible compensation (or maximum dollar amount) as permitted by the Committee. Under the ESPP, the maximum whole percentage is 10% (up to a maximum of $7,500 per offering period), provided that no participant will be entitled to purchase, during any calendar year, Shares with an aggregate value in excess of $25,000. Under the VEIP, eligible participants may choose to contribute up to 30% of their eligible compensation towards the purchase of Shares. The amount of the contributions is based on pre-tax cash compensation, but contributions are deducted from after-tax pay each pay period. The Committee retains the discretion to impose an aggregate participation limit under the VEIP. If aggregate participant contributions are projected to exceed such limit, contributions will stop and participants will be refunded contributions not used to purchase Shares. In fiscal 2018, there was no aggregate participation limit under the VEIP.

3

AMENDED AND RESTATED ACCENTURE PLC 2010 EMPLOYEE SHARE PURCHASE PLAN

NOTES TO THE FINANCIAL STATEMENTS — (continued)

A participant may elect his or her percentage of payroll deductions, and change that election, prior to the end of the applicable enrollment period as determined by the Committee. Unless otherwise determined by the Committee, a participant cannot change the rate of payroll deductions once an offering period has commenced. All payroll deductions made with respect to a participant are credited to the participant’s payroll deduction account and are deposited with the general funds of the Company. All funds of participants received or held by the Company under the Plan before purchase or issuance of the Shares are held without liability for interest or other increment (unless otherwise required by law). Under the Plan, the ESPP offering periods in fiscal 2018 included the six-month periods ended November 1, 2017 and May 1, 2018. The current offering period commenced on May 2, 2018 and will end on November 1, 2018. The VEIP has a calendar year offering period, as well as a limited mid-year enrollment period, and monthly contribution periods in which shares are purchased on the 5th of the subsequent month.

Share Purchases

As soon as practicable following the end of each ESPP offering period or VEIP contribution period, the number of Shares purchased by each participant is deposited into a brokerage account established in the participant’s name. Dividends that are declared on the Shares held in the brokerage account are paid in cash or reinvested. A summary of information with respect to share purchases was as follows:

4

AMENDED AND RESTATED ACCENTURE PLC 2010 EMPLOYEE SHARE PURCHASE PLAN

NOTES TO THE FINANCIAL STATEMENTS — (continued)

Purchase Date	Offering Type	Number of Participants	Number of Shares Purchased	Purchase Price
August 5, 2018	VEIP	5,562	176,856	$	159.95
July 5, 2018	VEIP	5,531	172,118	$	164.01
June 5, 2018	VEIP	5,579	179,166	$	159.71
May 5, 2018	VEIP	5,626	190,731	$	152.15
May 1, 2018	ESPP	60,894	1,507,477	$	128.38
April 5, 2018	VEIP	5,674	197,977	$	151.04
March 5, 2018	VEIP	5,716	189,099	$	158.33
February 5, 2018	VEIP	5,765	192,197	$	155.00
January 5, 2018	VEIP	4,811	552,517	$	156.93
December 5, 2017	VEIP	4,808	166,963	$	147.63
November 5, 2017	VEIP	4,845	171,040	$	143.90
November 1, 2017	ESPP	57,009	1,355,593	$	120.98
October 5, 2017	VEIP	4,875	182,925	$	135.82
September 5, 2017	VEIP	4,898	193,697	$	129.75
Total Shares Purchased in fiscal 2018			5,428,356
August 5, 2017	VEIP	4,965	194,223	$	130.11
July 5, 2017	VEIP	4,845	195,901	$	124.39
June 5, 2017	VEIP	4,870	193,015	$	126.21
May 5, 2017	VEIP	4,912	203,793	$	121.14
May 1, 2017	ESPP	56,356	1,696,234	$	103.19
April 5, 2017	VEIP	4,940	206,977	$	118.29
March 5, 2017	VEIP	4,986	198,482	$	123.62
February 5, 2017	VEIP	5,034	216,263	$	114.09
January 5, 2017	VEIP	4,291	779,793	$	116.05
December 5, 2016	VEIP	4,303	175,359	$	117.94
November 5, 2016	VEIP	4,345	178,804	$	117.28
November 1, 2016	ESPP	53,299	1,502,168	$	98.67
October 5, 2016	VEIP	4,370	178,534	$	118.11
September 5, 2016	VEIP	4,403	184,431	$	115.75
Total Shares Purchased in fiscal 2017			6,103,977
August 5, 2016	VEIP	4,437	189,366	$	113.64
July 5, 2016	VEIP	4,393	186,613	$	113.09
June 5, 2016	VEIP	4,416	181,875	$	118.46
May 5, 2016	VEIP	4,455	189,942	$	113.95
May 1, 2016	ESPP	48,970	1,622,014	$	96.25
April 5, 2016	VEIP	4,480	190,806	$	114.52
March 5, 2016	VEIP	4,523	210,648	$	103.06
February 5, 2016	VEIP	4,596	217,579	$	100.58
January 5, 2016	VEIP	3,757	769,954	$	102.17
December 5, 2015	VEIP	3,768	165,661	$	107.76
November 5, 2015	VEIP	3,785	168,315	$	106.44
November 1, 2015	ESPP	44,151	1,386,856	$	91.63
October 5, 2015	VEIP	3,802	178,141	$	100.88
September 5, 2015	VEIP	3,833	192,343	$	94.40
Total Shares Purchased in fiscal 2016			5,850,113

As of August 31, 2018, 54,111,908 Accenture plc Class A ordinary shares had been issued under the Plan.

5

AMENDED AND RESTATED ACCENTURE PLC 2010 EMPLOYEE SHARE PURCHASE PLAN

NOTES TO THE FINANCIAL STATEMENTS — (continued)

Withdrawals

Each participant may withdraw from participation in respect of an offering period (either current or future) or from the Plan under such terms and conditions established by the Committee in its sole discretion. Upon a participant’s withdrawal, all accumulated payroll deductions in the participant’s Plan account are returned without interest (to the extent permitted by applicable local law). A participant is not entitled to any Shares with respect to the applicable offering period, except under the VEIP for those shares purchased in contribution periods prior to withdrawal. A participant is permitted to participate in subsequent offering periods pursuant to terms and conditions established by the Committee in its sole discretion.

Adjustments

The number of Shares issued or reserved for issuance pursuant to the Plan (or pursuant to outstanding purchase

rights) is subject to adjustment on account of share splits, share dividends and other changes in the Shares. In the event of a change in control of the Company, the Committee may take any actions it deems necessary or desirable with respect to any purchase rights as of the date of consummation of the change in control.

Plan Amendment and Termination

The Board may amend, alter or discontinue the Plan, provided, however, that no amendment, alteration or discontinuation will be made that would increase the total number of Shares authorized for the Plan without prior shareholder consent, or, without a participant’s consent, would materially adversely affect the participant’s rights and obligations under the Plan. The Plan will terminate upon the earliest of: (1) the termination of the Plan by the Board; (2) the issuance of all of the Shares reserved for issuance under the Plan; or (3) December 10, 2024. The Board has not initiated actions to terminate the Plan, and unless otherwise noted, has not amended the Plan.

2.    BASIS OF PRESENTATION

The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Plan’s management to use estimates and assumptions that affect the accompanying financial statements and disclosures. Actual results could differ from these estimates.

As of August 31, 2018, contributions receivable represents payroll deductions from participants with respect to the ESPP offering period beginning May 2, 2018 and ending November 1, 2018, as well as the VEIP contribution period beginning August 1, 2018 and ending August 31, 2018. As of August 31, 2017, contributions receivable represents payroll deductions from participants with respect to the ESPP offering period beginning May 2, 2017 and ending November 1, 2017, as well as the VEIP contribution period beginning August 1, 2017 and ending August 31, 2017. These payroll deductions are held by Accenture plc and/or its affiliates.

Plan equity represents net assets available for future share purchases or participant withdrawals.

3.    SUBSEQUENT EVENTS

The Company has evaluated events and transactions subsequent to the Plan’s statement of financial condition date. Based on this evaluation, the Company is not aware of any events or transactions that occurred subsequent to the Plan’s statement of financial condition date but prior to filing that would require recognition or disclosure in these financial statements.

6

XML

Document and Entity Information - USD ($)	12 Months Ended
	Aug. 31, 2018	Oct. 10, 2018	Feb. 28, 2018
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Aug. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Trading Symbol	ACN
Entity Registrant Name	Accenture plc
Entity Central Index Key	0001467373
Current Fiscal Year End Date	--08-31
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 99,465,708,231
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Class A Ordinary Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		663,601,568
Class X Ordinary Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		650,821

XML

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
CURRENT ASSETS:
Cash and cash equivalents	$ 5,061,360	$ 4,126,860
Short-term investments	3,192	3,011
Receivables from clients, net	4,996,454	4,569,214
Unbilled services, net	2,499,914	2,316,043
Other current assets	1,024,639	1,082,161
Total current assets	13,585,559	12,097,289
NON-CURRENT ASSETS:
Unbilled services, net	23,036	40,938
Investments	215,532	211,610
Property and equipment, net	1,264,020	1,140,598
Goodwill	5,383,012	5,002,352
Deferred contract costs	705,124	755,871
Deferred income taxes, net	2,086,807	2,214,901
Other non-current assets	1,185,993	1,226,331
Total non-current assets	10,863,524	10,592,601
TOTAL ASSETS	24,449,083	22,689,890
CURRENT LIABILITIES:
Current portion of long-term debt and bank borrowings	5,337	2,907
Accounts payable	1,348,802	1,525,065
Deferred revenues	2,837,682	2,669,520
Accrued payroll and related benefits	4,569,172	4,060,364
Income taxes payable	497,885	708,485
Other accrued liabilities	892,873	857,938
Total current liabilities	10,151,751	9,824,279
NON-CURRENT LIABILITIES:
Long-term debt	19,676	22,163
Deferred revenues	618,124	663,248
Retirement obligation	1,410,656	1,408,759
Deferred income taxes, net	125,729	137,098
Income taxes payable	956,836	574,780
Other non-current liabilities	441,723	349,363
Total non-current liabilities	3,572,744	3,155,411
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:
Restricted share units	1,234,623	1,095,026
Additional paid-in capital	4,870,764	3,516,399
Treasury shares, at cost: Ordinary, 40,000 shares as of August 31, 2018 and August 31, 2017; Class A ordinary, 24,293,199 and 23,408,811 shares as of August 31, 2018 and August 31, 2017, respectively	(2,116,948)	(1,649,090)
Retained earnings	7,952,413	7,081,855
Accumulated other comprehensive loss	(1,576,171)	(1,094,784)
Total Accenture plc shareholders’ equity	10,364,753	8,949,477
Noncontrolling interests	359,835	760,723
Total shareholders’ equity	10,724,588	9,710,200
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	24,449,083	22,689,890
Ordinary Shares
SHAREHOLDERS’ EQUITY:
Ordinary shares, value	57	57
Class A Ordinary Shares
SHAREHOLDERS’ EQUITY:
Ordinary shares, value	15	14
Class X Ordinary Shares
SHAREHOLDERS’ EQUITY:
Ordinary shares, value	$ 0	$ 0

XML

CONSOLIDATED BALANCE SHEETS (Parenthetical)	Aug. 31, 2018 $ / shares shares	Aug. 31, 2018 € / shares shares	Aug. 31, 2017 $ / shares shares	Aug. 31, 2017 € / shares shares
Ordinary Shares
Ordinary shares, par value | € / shares		€ 1		€ 1
Ordinary shares, shares authorized	40,000	40,000	40,000	40,000
Ordinary shares, shares issued	40,000	40,000	40,000	40,000
Treasury shares, ordinary shares	40,000	40,000	40,000	40,000
Class A Ordinary Shares
Ordinary shares, par value | $ / shares	$ 0.0000225		$ 0.0000225
Ordinary shares, shares authorized	20,000,000,000	20,000,000,000	20,000,000,000	20,000,000,000
Ordinary shares, shares issued	663,327,677	663,327,677	638,965,789	638,965,789
Treasury shares, ordinary shares	24,293,199	24,293,199	23,408,811	23,408,811
Class X Ordinary Shares
Ordinary shares, par value | $ / shares	$ 0.0000225		$ 0.0000225
Ordinary shares, shares authorized	1,000,000,000	1,000,000,000	1,000,000,000	1,000,000,000
Ordinary shares, shares issued	655,521	655,521	20,531,383	20,531,383
Ordinary shares, shares outstanding	655,521	655,521	20,531,383	20,531,383

XML

CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
REVENUES:
Revenues before reimbursements (“Net revenues”)		$ 39,573,450	$ 34,850,182	$ 32,882,723
Reimbursements		2,029,978	1,915,296	1,914,938
Revenues		41,603,428	36,765,478	34,797,661
Cost of services:
Cost of services before reimbursable expenses		27,130,537	23,819,690	22,605,296
Reimbursable expenses		2,029,978	1,915,296	1,914,938
Cost of services		29,160,515	25,734,986	24,520,234
Sales and marketing		4,198,557	3,754,313	3,580,439
General and administrative costs		2,403,315	2,133,777	1,886,543
Pension settlement charge				0
Total operating expenses		35,762,387	32,132,869	29,987,216
OPERATING INCOME		5,841,041	4,632,609	4,810,445
Interest income		56,337	37,940	30,484
Interest expense		(19,539)	(15,545)	(16,258)
Other income (expense), net		(69,746)	(38,720)	(69,922)
Gain on sale of businesses		0	(252)	848,823
INCOME BEFORE INCOME TAXES		5,808,093	4,616,032	5,603,572
Provision for income taxes		1,593,499	981,100	1,253,969
Net Income		4,214,594	3,634,932	4,349,603
Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc.	[1]	(95,063)	(149,131)	(195,560)
Net income attributable to noncontrolling interests – other		(59,624)	(40,652)	(42,151)
NET INCOME ATTRIBUTABLE TO ACCENTURE PLC		$ 4,059,907	$ 3,445,149	$ 4,111,892
Weighted average Class A ordinary shares:
Basic (in shares)		628,451,742	620,104,250	624,797,820
Diluted (in shares)		655,296,150	660,463,227	667,770,274
Earnings per Class A ordinary share:
Basic (in dollars per share)		$ 6.46	$ 5.56	$ 6.58
Diluted (in dollars per share)		6.34	5.44	6.45
Cash dividends per share (in dollars per share)		$ 2.66	$ 2.42	$ 2.20

[1] Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis and the redemption of all Accenture Holdings plc ordinary shares owned by holders of noncontrolling interests prior to March 13, 2018, when these were redeemed for Accenture plc Class A ordinary shares. The income effect does not take into account “Net income attributable to noncontrolling interests - other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares.

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Statement of Comprehensive Income [Abstract]
Net Income	$ 4,214,594	$ 3,634,932	$ 4,349,603
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation	(305,225)	149,920	(66,459)
Defined benefit plans	21,335	368,885	(285,885)
Cash flow hedges	(198,645)	46,624	101,299
Investments	1,148	1,507	1,297
OTHER COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ACCENTURE PLC	(481,387)	566,936	(249,748)
Other comprehensive income (loss) attributable to noncontrolling interests	(2,233)	31,724	(7,881)
COMPREHENSIVE INCOME	3,730,974	4,233,592	4,091,974
COMPREHENSIVE INCOME ATTRIBUTABLE TO ACCENTURE PLC	3,578,520	4,012,085	3,862,144
Comprehensive income attributable to noncontrolling interests	152,454	221,507	229,830
COMPREHENSIVE INCOME	$ 3,730,974	$ 4,233,592	$ 4,091,974

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CONSOLIDATED SHAREHOLDERS' EQUITY STATEMENTS - USD ($) $ in Thousands	Total	Ordinary Shares	Class A Ordinary Shares	Class X Ordinary Shares	Restricted Share Units	Additional Paid-in Capital	Treasury Shares	Retained Earnings	Accumulated Other Comprehensive Loss	Total Accenture plc Shareholder's Equity	Noncontrolling Interests
Beginning Balance at Aug. 31, 2015	$ 6,647,571	$ 57	$ 18	$ 1	$ 1,031,203	$ 4,516,810	$ (11,472,400)	$ 13,470,008	$ (1,411,972)	$ 6,133,725	$ 513,846
Beginning Balance (in shares) at Aug. 31, 2015		40,000	804,758,000	23,335,000
Beginning Balance Treasury (in shares) at Aug. 31, 2015							(178,096,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	4,349,603							4,111,892		4,111,892	237,711
Other comprehensive income (loss)	(257,629)								(249,748)	(249,748)	(7,881)
Income tax benefit on share-based compensation plans	112,562					112,562				112,562
Purchases of Class A ordinary shares	(2,532,796)					103,760	$ (2,532,796)			(2,429,036)	(103,760)
Purchases of Class A ordinary shares (in shares)							(23,848,000)
Cancellation of treasury shares	0		$ (4)			(2,923,579)	$ 11,199,016	(8,275,433)		0
Cancellation of treasury shares (in shares)			(163,016,000)				163,016,000
Share-based compensation expense	758,176				701,923	56,253				758,176
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares	(72,193)			$ (1)		(68,481)				(68,482)	(3,711)
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares (in shares)				(1,418,000)
Issuances of Class A ordinary shares:
Employee share programs	591,357		$ 1		(785,141)	1,138,304	$ 214,273			567,437	23,920
Employee share programs (in shares)			11,686,000				5,358,000
Upon redemption of Accenture Holdings plc ordinary shares (in shares)			775,000
Upon redemption of Accenture Holdings plc ordinary shares	0					3,541				3,541	(3,541)
Dividends	(1,438,138)				51,137			(1,423,316)		(1,372,179)	(65,959)
Other, net	30,863				5,006	(14,441)		(3,191)		(12,626)	43,489
Ending Balance at Aug. 31, 2016	8,189,376	$ 57	$ 15	$ 0	1,004,128	2,924,729	$ (2,591,907)	7,879,960	(1,661,720)	7,555,262	634,114
Ending Balance Treasury (in shares) at Aug. 31, 2016							(33,570,000)
Ending Balance (in shares) at Aug. 31, 2016		40,000	654,203,000	21,917,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	3,634,932							3,445,149		3,445,149	189,783
Other comprehensive income (loss)	598,660								566,936	566,936	31,724
Purchases of Class A ordinary shares	(2,552,880)					98,039	$ (2,552,880)			(2,454,841)	(98,039)
Purchases of Class A ordinary shares (in shares)							(21,258,000)
Cancellation of treasury shares	0		$ (1)			(413,509)	$ 3,014,356	$ (2,600,846)		0
Cancellation of treasury shares (in shares)			(26,858,000)				26,858,000
Share-based compensation expense	795,235				755,011	40,224				795,235
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares	(96,171)					(92,160)				(92,160)	(4,011)
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares (in shares)				(1,386,000)
Issuances of Class A ordinary shares:
Employee share programs	676,045				(715,790)	975,322	$ 481,341			650,261	25,784
Employee share programs (in shares)			10,861,000				4,521,000	(90,612,000)
Upon redemption of Accenture Holdings plc ordinary shares (in shares)			760,000
Upon redemption of Accenture Holdings plc ordinary shares	0					5,595				5,595	(5,595)
Dividends	(1,567,578)				51,677			$ (1,550,411)		(1,498,734)	(68,844)
Other, net	32,581					(21,841)		(1,385)		(23,226)	55,807
Ending Balance at Aug. 31, 2017	9,710,200	$ 57	$ 14	$ 0	1,095,026	3,516,399	$ (1,649,090)	7,081,855	(1,094,784)	8,949,477	760,723
Ending Balance Treasury (in shares) at Aug. 31, 2017							(23,449,000)
Ending Balance (in shares) at Aug. 31, 2017		40,000	638,966,000	20,531,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	4,214,594							4,059,907		4,059,907	154,687
Other comprehensive income (loss)	(483,620)								(481,387)	(481,387)	(2,233)
Purchases of Class A ordinary shares	$ (2,554,084)					49,766	$ (2,554,084)			(2,504,318)	(49,766)
Purchases of Class A ordinary shares (in shares)	(16,706,190)						(16,706,000)
Cancellation of treasury shares	$ 0					(206,782)	$ 1,582,067	$ (1,375,285)		0
Cancellation of treasury shares (in shares)			(11,621,000)				11,621,000
Share-based compensation expense	976,908				913,801	63,107				976,908
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares	(85,010)					(80,169)				(80,169)	(4,841)
Purchases/redemptions of Accenture Holdings plc ordinary shares, Accenture Canada Holdings Inc. exchangeable shares and Class X ordinary shares (in shares)				(821,000)
Issuances of Class A ordinary shares:
Employee share programs	753,146				(829,085)	1,132,024	$ 504,159			738,442	14,704
Employee share programs (in shares)			10,077,000				4,201,000	(68,656,000)
Upon redemption of Accenture Holdings plc ordinary shares (in shares)			25,906,000	(19,054,000)
Upon redemption of Accenture Holdings plc ordinary shares	0		$ 1			408,652				408,653	(408,653)
Dividends	(1,708,724)				54,881			$ (1,725,953)		(1,671,072)	(37,652)
Other, net	(98,822)					(12,233)		(19,455)		(31,688)	(67,134)
Ending Balance at Aug. 31, 2018	$ 10,724,588	$ 57	$ 15	$ 0	$ 1,234,623	$ 4,870,764	$ (2,116,948)	$ 7,952,413	$ (1,576,171)	$ 10,364,753	$ 359,835
Ending Balance Treasury (in shares) at Aug. 31, 2018							(24,333,000)
Ending Balance (in shares) at Aug. 31, 2018		40,000	663,328,000	656,000

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CONSOLIDATED CASH FLOWS STATEMENTS - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income		$ 4,214,594	$ 3,634,932	$ 4,349,603
Adjustments to reconcile Net income to Net cash provided by (used in) operating activities—
Depreciation, amortization and asset impairments	[1]	926,776	801,789	729,052
Share-based compensation expense		976,908	795,235	758,176
Pension settlement charge		0	460,908	0
(Gain) loss on sale of businesses		0	252	(848,823)
Deferred income taxes, net		94,000	(364,133)	65,940
Other, net		7,609	88,123	(53,706)
Change in assets and liabilities, net of acquisitions—
Receivables from clients, net		(476,041)	(169,714)	(177,156)
Unbilled services, current and non-current, net		(234,763)	96,392	(192,912)
Other current and non-current assets		(510,102)	(415,568)	(655,876)
Accounts payable		(167,971)	173,712	72,626
Deferred revenues, current and non-current		176,853	(38,954)	302,738
Accrued payroll and related benefits		646,416	(117,725)	386,018
Income taxes payable, current and non-current		183,933	15,721	(158,970)
Other current and non-current liabilities		188,479	12,069	90,690
Net cash provided by (used in) operating activities		6,026,691	4,973,039	4,667,400
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment		(619,187)	(515,919)	(496,566)
Purchases of businesses and investments, net of cash acquired		(657,546)	(1,704,188)	(932,542)
Proceeds from the sale of businesses and investments, net of cash transferred		20,197	(24,035)	814,538
Proceeds from sales of property and equipment		6,932	10,263	4,220
Net cash provided by (used in) investing activities		(1,249,604)	(2,233,879)	(610,350)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of ordinary shares		753,146	676,045	591,357
Purchases of shares		(2,639,094)	(2,649,051)	(2,604,989)
Proceeds from (repayments of) long-term debt, net		(4,195)	(2,120)	(1,059)
Cash dividends paid		(1,708,724)	(1,567,578)	(1,438,138)
Other, net		(110,161)	(17,531)	(36,389)
Net cash provided by (used in) financing activities		(3,709,028)	(3,560,235)	(3,489,218)
Effect of exchange rate changes on cash and cash equivalents		(133,559)	42,326	(22,989)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		934,500	(778,749)	544,843
CASH AND CASH EQUIVALENTS, beginning of period		4,126,860	4,905,609	4,360,766
CASH AND CASH EQUIVALENTS, end of period		5,061,360	4,126,860	4,905,609
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid		19,673	15,751	16,285
Income taxes paid, net		$ 1,373,244	$ 1,288,788	$ 1,425,480

[1] Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each operating segment, as well as an allocation for amounts they do not directly control.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Aug. 31, 2018

Accounting Policies [Abstract]

Description of Business and Accounting Policies

Accenture plc is one of the world’s leading organizations providing consulting, technology and outsourcing services and operates globally with one common brand and business model designed to enable it to provide clients around the world with the same high level of service. Drawing on a combination of industry and functional expertise, technology capabilities and alliances, and global delivery resources, Accenture plc seeks to provide differentiated services that help clients measurably improve their business performance and create sustainable value for their customers and stakeholders. Accenture plc’s global delivery model enables it to provide high-quality, cost-effective solutions to clients.

Basis of Presentation

The Consolidated Financial Statements include the accounts of Accenture plc, an Irish company, and our controlled subsidiary companies. Accenture plc is an Irish public limited company, which operates its business through its subsidiaries. Prior to March 13, 2018, Accenture plc’s only business was to hold ordinary and deferred shares in, and to act as the controlling shareholder of, its subsidiary, Accenture Holdings plc, an Irish public limited company. We operated our business through Accenture Holdings plc and subsidiaries of Accenture Holdings plc. Accenture plc controlled Accenture Holdings plc’s management and operations and consolidated Accenture Holdings plc’s results in our Consolidated Financial Statements.

On March 13, 2018, Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. In connection with this internal merger, shareholders of Accenture Holdings plc (other than Accenture entities that held shares of Accenture Holdings plc), who primarily consisted of current and former members of Accenture Leadership and their permitted transferees, received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, and Accenture plc redeemed all Class X ordinary shares of Accenture plc owned by such shareholders.

All references to Accenture Holdings plc included in this report with respect to periods prior to August 26, 2015 reflect the activity and/or balances of Accenture SCA (the predecessor of Accenture Holdings plc). The shares ofAccenture Holdings plc (for applicable periods) and Accenture Canada Holdings Inc. held by persons other than us are treated as a noncontrolling interest in the Consolidated Financial Statements. The noncontrolling interest percentages were less than 1% and 4% as of August 31, 2018 and 2017, respectively.

All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. For example, a reference to “fiscal 2018” means the 12-month period that ended on August 31, 2018. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal year.

The preparation of the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that we may undertake in the future, actual results may be different from those estimates.

Revenue Recognition

Revenues from contracts for technology integration consulting services where we design/redesign, build and implement new or enhanced systems applications and related processes for our clients are recognized on the percentage-of-completion method, which involves calculating the percentage of services provided during the reporting period compared to the total estimated services to be provided over the duration of the contract. Contracts for technology integration consulting services generally span six months to two years. Estimated revenues used in applying the percentage-of-completion method include estimated incentives for which achievement of defined goals is deemed probable. This method is followed where reasonably dependable estimates of revenues and costs can be made. Estimates of total contract revenues and costs are continuously monitored during the term of the contract, and recorded revenues and estimated costs are subject to revision as the contract progresses. Such revisions may result in increases or decreases to revenues and income and are reflected in the Consolidated Financial Statements in the periods in which they are first identified. If our estimates indicate that a contract loss will occur, a loss provision is recorded in the period in which the loss first becomes probable and reasonably estimable. Contract losses are determined to be the amount by which the estimated total direct and indirect costs of the contract exceed the estimated total revenues that will be generated by the contract and are included in Cost of services and classified in Other accrued liabilities.

Revenues from contracts for non-technology integration consulting services with fees based on time and materials or cost-plus are recognized as the services are performed and amounts are earned. We consider amounts to be earned once evidence of an arrangement has been obtained, services are delivered, fees are fixed or determinable, and collectibility is reasonably assured. In such contracts, our efforts, measured by time incurred, typically are provided in less than a year and represent the contractual milestones or output measure, which is the contractual earnings pattern. For non-technology integration consulting contracts with fixed fees, we recognize revenues as amounts become billable in accordance with contract terms, provided the billable amounts are not contingent, are consistent with the services delivered and are earned. Contingent or incentive revenues relating to non-technology integration consulting contracts are recognized when the contingency is satisfied and we conclude the amounts are earned.

Outsourcing contracts typically span several years and involve complex delivery, often through multiple workforces in different countries. In a number of these arrangements, we hire client employees and become responsible for certain client obligations. Revenues are recognized on outsourcing contracts as amounts become billable in accordance with contract terms, unless the amounts are billed in advance of performance of services, in which case revenues are recognized when the services are performed and amounts are earned. Revenues from time-and-materials or cost-plus contracts are recognized as the services are performed. In such contracts, our effort, measured by time incurred, represents the contractual milestones or output measure, which is the contractual earnings pattern. Revenues from unit-priced contracts are recognized as transactions are processed based on objective measures of output. Revenues from fixed-price contracts are recognized on a straight-line basis, unless revenues are earned and obligations are fulfilled in a different pattern. Outsourcing contracts can also include incentive payments for benefits delivered to clients. Revenues relating to such incentive payments are recorded when the contingency is satisfied and we conclude the amounts are earned.

Costs related to delivering outsourcing services are expensed as incurred with the exception of certain transition costs related to the set-up of processes, personnel and systems, which are deferred during the transition period and expensed evenly over the period outsourcing services are provided. The deferred costs are specific internal costs or incremental external costs directly related to transition or set-up activities necessary to enable the outsourced services. Generally, deferred amounts are protected in the event of early termination of the contract and are monitored regularly for impairment. Impairment losses are recorded when projected remaining undiscounted operating cash flows of the related contract are not sufficient to recover the carrying amount of contract assets. Deferred transition costs were $690,868 and $739,212 as of August 31, 2018 and 2017, respectively, and are included in Deferred contract costs. Deferred transition amortization expense for fiscal 2018, 2017 and 2016 was $333,118, $289,555, and $283,434, respectively. Amounts billable to the client for transition or set-up activities are deferred and recognized as revenue evenly over the period outsourcing services are provided. Deferred transition revenues were $581,395 and $606,095 as of August 31, 2018 and 2017, respectively, and are included in non-current Deferred revenues. Contract acquisition and origination costs are expensed as incurred.

We enter into contracts that may consist of multiple deliverables. These contracts may include any combination of technology integration consulting services, non-technology integration consulting services or outsourcing services described above. Revenues for contracts with multiple deliverables are allocated based on the lesser of the element’s relative selling price or the amount that is not contingent on future delivery of another deliverable. The selling price of each deliverable is determined by obtaining third party evidence of the selling price for the deliverable and is based on the price charged when largely similar services are sold on a standalone basis by us to similarly situated customers. If the amount of non-contingent revenues allocated to a deliverable accounted for under the percentage-of-completion method of accounting is less than the costs to deliver such services, then such costs are deferred and recognized in future periods when the revenues become non-contingent. Revenues are recognized in accordance with our accounting policies for the separate deliverables when the services have value on a stand-alone basis, selling price of the separate deliverables exists and, in arrangements that include a general right of refund relative to the completed deliverable, performance of the in-process deliverable is considered probable and substantially in our control. While determining fair value and identifying separate deliverables require judgment, generally fair value and the separate deliverables are readily identifiable as we also sell those deliverables unaccompanied by other deliverables.

Revenues recognized in excess of billings are recorded as Unbilled services. Billings in excess of revenues recognized are recorded as Deferred revenues until revenue recognition criteria are met. Client prepayments (even if nonrefundable) are deferred and recognized over future periods as services are delivered or performed.

Revenues before reimbursements (“net revenues”) include the margin earned on computer hardware, software and related services resale, as well as revenues from alliance agreements. Reimbursements include billings for travel and other out-of-pocket expenses and third-party costs, such as the cost of hardware, software and related services resale. In addition, Reimbursements include allocations from gross billings to record an amount equivalent to reimbursable costs, where billings do not specifically identify reimbursable expenses. We report revenues net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue-producing transactions.

Employee Share-Based Compensation Arrangements

Share-based compensation expense is recognized over the requisite service period for awards of equity instruments to employees based on the grant date fair value of those awards expected to ultimately vest. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates.

Income Taxes

We calculate and provide for income taxes in each of the tax jurisdictions in which we operate. Deferred tax assets and liabilities, measured using enacted tax rates, are recognized for the future tax consequences of temporary differences between the tax and financial statement bases of assets and liabilities. A valuation allowance reduces the deferred tax assets to the amount that is more likely than not to be realized. We establish liabilities or reduce assets when we believe tax positions are not more likely than not of being sustained if challenged. Recognized tax positions are measured at the largest amount of benefit greater than 50 percent likely of being realized. Each fiscal quarter, we evaluate tax positions and adjust the related tax assets and liabilities in light of changing facts and circumstances.

Translation of Non-U.S. Currency Amounts

Assets and liabilities of non-U.S. subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at fiscal year-end exchange rates. Revenue and expense items are translated at average foreign currency exchange rates prevailing during the fiscal year. Translation adjustments are included in Accumulated other comprehensive income (loss). Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment nature are reported in the same manner as translation adjustments.

Cash and Cash Equivalents

Cash and cash equivalents consist of all cash balances and liquid investments with original maturities of three months or less, including certificates of deposit and time deposits. Cash and cash equivalents also include restricted cash of $45,658 and $45,547 as of August 31, 2018 and 2017, respectively, which primarily relates to cash held to meet certain insurance requirements. As a result of certain subsidiaries’ cash management systems, checks issued but not presented to the banks for payment may create negative book cash balances. Such negative balances are classified as Current portion of long term debt and bank borrowings.

Client Receivables, Unbilled Services and Allowances

We record our client receivables and unbilled services at their face amounts less allowances. On a periodic basis, we evaluate our receivables and unbilled services and establish allowances based on historical experience and other currently available information. As of August 31, 2018 and 2017, total allowances recorded for client receivables and unbilled services were $49,913 and $74,450, respectively. The allowance reflects our best estimate of collectibility risks on outstanding receivables and unbilled services. In limited circumstances, we agree to extend financing to certain clients. The terms vary by contract, but generally payment for services is contractually linked to the achievement of specified performance milestones.

Concentrations of Credit Risk

Our financial instruments, consisting primarily of cash and cash equivalents, foreign currency exchange rate instruments, client receivables and unbilled services, are exposed to concentrations of credit risk. We place our cash and cash equivalents and foreign exchange instruments with highly-rated financial institutions, limit the amount of credit exposure with any one financial institution and conduct ongoing evaluations of the credit worthiness of the financial institutions with which we do business. Client receivables are dispersed across many different industries and countries; therefore, concentrations of credit risk are limited.

Investments

All liquid investments with an original maturity greater than three months but less than one year are considered to be short-term investments. Non-current investments are primarily non-marketable equity securities of privately held companies and are accounted for using either the equity or cost methods of accounting, in accordance with the requirements of Accounting Standards Codification (“ASC”) 323, Investments—Equity Method and Joint Ventures. Interest and amortization of premiums and discounts for debt securities are included in Interest income.

Cost method investments are periodically assessed for other-than-temporary impairment. For investments in privately held companies, if there are no identified events or circumstances that would have a significant adverse effect on the fair value of the investment, the fair value is not estimated. If an investment is deemed to have experienced an other-than-temporary decline below its cost basis, we reduce the carrying amount of the investment to its quoted or estimated fair value, as applicable, and establish a new cost basis for the investment.

Property and Equipment

Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:

Computers, related equipment and software	2 to 7 years
Furniture and fixtures	5 to 10 years
Leasehold improvements	Lesser of lease term or 15 years

Goodwill

Goodwill represents the excess of the purchase price of an acquired entity over the fair value of net assets acquired. We review the recoverability of goodwill by reportable operating segment annually, or more frequently when indicators of impairment exist. Based on the results of our annual impairment analysis, we determined that no impairment existed as of August 31, 2018 or 2017, as each reportable operating segment’s estimated fair value substantially exceeded its carrying value.

Long-Lived Assets

Long-lived assets, including deferred contract costs and identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or group of assets may not be recoverable. Recoverability of long-lived assets or groups of assets is assessed based on a comparison of the carrying amount to the estimated future net cash flows. If estimated future undiscounted net cash flows are less than the carrying amount, the asset is considered impaired and a loss is recorded equal to the amount required to reduce the carrying amount to fair value.

Intangible assets with finite lives are generally amortized using the straight-line method over their estimated economic useful lives, ranging from one to fifteen years.

Operating Expenses

Selected components of operating expenses were as follows:

	Fiscal
	2018			2017		2016
Research and development costs	$	790,779		$	704,317	$	643,407
Advertising costs	78,464			79,883		80,601
Provision for (release of) doubtful accounts (1)	(1,060		)	10,117		15,312

_______________ 

(1) For additional information, see “Client Receivables, Unbilled Services and Allowances”.

New Accounting Pronouncements

The following standards, issued by the Financial Accounting Standards Board (“FASB”), will, or are expected to, result in a change in practice and/or have a financial impact to our Consolidated Financial Statements:

Standard	Description	Accenture Adoption Date	Impact on the Financial Statements or Other Significant Matters
2016-16: Income Taxes: Intra-Entity Transfers of Assets Other Than Inventory	The guidance requires an entity to recognize the income tax consequences of intra-entity transfers, other than inventory, when the transfer occurs. Under current guidance in U.S. GAAP, in the case of depreciable or amortizable assets, the income tax consequences are deferred at the time of the intra-entity transfer and recognized as the assets are depreciated or amortized. The guidance requires modified retrospective transition with a cumulative catch-up adjustment to opening retained earnings in the period of adoption.	September 1, 2018	The adoption of this ASU will require that we record deferred tax assets on our Consolidated Balance Sheet at the beginning of fiscal 2019. The deferred tax assets, which we expect to be up to $2.1 billion, represent income tax consequences of prior intra-entity transfers of assets, which are currently recognized over the expected life of the assets.  Beginning in fiscal 2019, we will recognize incremental income tax expense as these deferred tax assets are utilized. This could represent approximately a 3.3 percentage point increase in the annual effective tax rate for fiscal 2019.  However, the actual impact of adoption will depend on numerous factors, including management’s expectations regarding recoverability of the related deferred taxes. Adoption will not have any impact on our cash flows.
2014-09: (Accounting Standard Codification 606), Revenue from Contracts with Customers and related updates	The guidance replaces most existing revenue recognition guidance in U.S. GAAP. The core principle of the ASU is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. The ASU requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. The guidance allows for both retrospective and modified retrospective methods of adoption.	September 1, 2018	We expect revenue recognition across our portfolio of services to remain largely unchanged. However, the guidance will change the timing of revenue recognition in certain areas, including earlier recognition for certain variable fees and consulting services and later recognition for reimbursable expenses on certain contracts, which will be recognized with other revenues rather than when the expenses are incurred. These impacts are not expected to be material. We adopted the ASU on September 1, 2018, using the modified retrospective method. The estimated cumulative effect adjustment to retained earnings is not material to our Consolidated Financial Statements.

2016-02: Leases and related updates	The guidance amends existing guidance to require lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by leases and to disclose additional quantitative and qualitative information about leasing arrangements. The guidance requires either a modified retrospective transition method or a cumulative effect adjustment to opening retained earnings in the period of adoption.	September 1, 2019	While we are continuing to assess the potential impact of this ASU, we currently believe the most significant impact relates to our accounting for office space operating leases. We anticipate this ASU will have a material impact on our Consolidated Balance Sheets but will not have a material impact on our other Consolidated Financial Statements or footnotes. We will apply the cumulative effect method.
2017-07:Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost	The guidance amends certain presentation and disclosure requirements for employers that sponsor defined benefit pension and post-retirement medical plans. The new standard requires the service cost component of the net benefit cost to be in the same line item as other compensation in operating income and the other components of net benefit cost to be presented outside of operating income on a retrospective basis.	September 1, 2018	The adoption of this ASU will require us to reclassify $58 million of operating expenses to non-operating expense for fiscal 2018 to conform with the fiscal 2019 treatment of these expenses.

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EARNINGS PER SHARE

12 Months Ended

Aug. 31, 2018

Earnings Per Share [Abstract]

EARNINGS PER SHARE

Basic and diluted earnings per share were calculated as follows:

	Fiscal
	2018		2017		2016
Basic Earnings per share
Net income attributable to Accenture plc	$	4,059,907	$	3,445,149	$	4,111,892
Basic weighted average Class A ordinary shares	628,451,742		620,104,250		624,797,820
Basic earnings per share	$	6.46	$	5.56	$	6.58
Diluted Earnings per share
Net income attributable to Accenture plc	$	4,059,907	$	3,445,149	$	4,111,892
Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. (1)	95,063		149,131		195,560
Net income for diluted earnings per share calculation	$	4,154,970	$	3,594,280	$	4,307,452
Basic weighted average Class A ordinary shares	628,451,742		620,104,250		624,797,820
Class A ordinary shares issuable upon redemption/exchange of noncontrolling interests (1)	14,716,884		28,107,510		29,712,982
Diluted effect of employee compensation related to Class A ordinary shares	11,948,075		12,082,241		13,105,585
Diluted effect of share purchase plans related to Class A ordinary shares	179,449		169,226		153,887
Diluted weighted average Class A ordinary shares	655,296,150		660,463,227		667,770,274
Diluted earnings per share	$	6.34	$	5.44	$	6.45

 _______________

(1) Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis and the redemption of all Accenture Holdings plc ordinary shares owned by holders of noncontrolling interests prior to March 13, 2018, when these were redeemed for Accenture plc Class A ordinary shares. The income effect does not take into account “Net income attributable to noncontrolling interests - other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares.

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ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Aug. 31, 2018

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive loss attributable to Accentureplc:

	Fiscal
	2018			2017			2016
Foreign currency translation
Beginning balance	$	(770,043	)	$	(919,963	)	$	(853,504	)
Foreign currency translation	(310,548		)	164,073			(67,884		)
Income tax benefit (expense)	3,354			(988		)	2,120
Portion attributable to noncontrolling interests	1,969			(13,165		)	(695		)
Foreign currency translation, net of tax	(305,225		)	149,920			(66,459		)
Ending balance	(1,075,268		)	(770,043		)	(919,963		)
Defined benefit plans
Beginning balance	(440,619		)	(809,504		)	(523,619		)
Actuarial gains (losses)	19,862			49,565			(481,331		)
Pension settlement	3,030			509,793			—
Prior service costs arising during the period	(28,696		)	847			1,561
Reclassifications into net periodic pension and post-retirement expense (1)	34,972			44,913			26,639
Income tax benefit (expense)	(7,799		)	(219,817		)	153,869
Portion attributable to noncontrolling interests	(34		)	(16,416		)	13,377
Defined benefit plans, net of tax	21,335			368,885			(285,885		)
Ending balance	(419,284		)	(440,619		)	(809,504		)
Cash flow hedges
Beginning balance	114,635			68,011			(33,288		)
Unrealized gain (loss)	(169,958		)	195,848			180,196
Reclassification adjustments into Cost of services	(93,105		)	(118,840		)	(23,004		)
Income tax benefit (expense)	64,118			(28,309		)	(51,153		)
Portion attributable to noncontrolling interests	300			(2,075		)	(4,740		)
Cash flow hedges, net of tax	(198,645		)	46,624			101,299
Ending balance (2)	(84,010		)	114,635			68,011
Investments
Beginning balance	1,243			(264		)	(1,561		)
Unrealized gain (loss)	1,455			1,758			2,231
Income tax benefit (expense)	(305		)	(183		)	(873		)
Portion attributable to noncontrolling interests	(2		)	(68		)	(61		)
Investments, net of tax	1,148			1,507			1,297
Ending balance	2,391			1,243			(264		)
Accumulated other comprehensive loss	$	(1,576,171	)	$	(1,094,784	)	$	(1,661,720	)

_______________

(1) As of August 31, 2018, $6,313 of net losses is expected to be reclassified into net periodic pension expense recognized in cost of services, sales and marketing and general and administrative costs in the next twelve months and$27,316of net losses is expected to be reclassified into non-operating expenses in the next 12 months.

(2) As of August 31, 2018, $21,490 of net unrealized losses related to derivatives designated as cash flow hedges is expected to be reclassified into Cost of services in the next twelve months.

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PROPERTY AND EQUIPMENT

12 Months Ended

Aug. 31, 2018

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

The components of Property and equipment, net were as follows:

	August 31, 2018			August 31, 2017
Buildings and land	$	60		$	3,162
Computers, related equipment and software	1,625,950			1,611,641
Furniture and fixtures	374,294			393,351
Leasehold improvements	1,125,814			1,044,590
Property and equipment, gross	3,126,118			3,052,744
Total accumulated depreciation	(1,862,098		)	(1,912,146		)
Property and equipment, net	$	1,264,020		$	1,140,598

Depreciation expense for fiscal 2018, 2017 and 2016 was $423,471, $362,817 and $327,736, respectively.

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BUSINESS COMBINATIONS AND DIVESTITURE

12 Months Ended

Aug. 31, 2018

Business Combination, Goodwill [Abstract]

BUSINESS COMBINATIONS AND DIVESTITURE

Business Combinations

Fiscal 2018

During fiscal 2018, we completed a number of individually immaterial acquisitions for total consideration of $596,148, net of cash acquired. These acquisitions were completed primarily to expand our services and solutions offerings. In connection with these acquisitions, we recorded goodwill of $431,087 and intangible assets of $140,403. The intangible assets primarily consist of customer-related and contract-in-progress intangibles, which are being amortized over one to twelve years. The goodwill was allocated among the reportable operating segments and is partially deductible for U.S. federal income tax purposes.

Fiscal 2017

During fiscal 2017, we completed a number of individually immaterial acquisitions for total consideration of $1,643,205, net of cash acquired. These acquisitions were completed primarily to expand our services and solutions offerings. In connection with these acquisitions, we recorded goodwill of$1,350,969 and intangible assets of $328,776. The intangible assets primarily consist of customer-related and contract-in-progress intangibles, which are being amortized over one to twelve years. The goodwill was allocated among the reportable operating segments and is partially deductible for U.S. federal income tax purposes.

Fiscal 2016

On October 20, 2015, we acquired Cloud Sherpas (through its holding company, Declarative Holdings, Inc.), a leader in cloud advisory and technology services, for approximately $409,424, net of cash acquired. This acquisition enhances our ability to provide clients with cloud strategy and technology consulting, as well as cloud application implementation, integration and management services, and resulted in approximately 1,100employees joining us. In connection with this acquisition, we recorded goodwill of $385,337, which was allocated to all five reportable operating segments, and intangible assets of $66,522, primarily related to customer-related intangibles. The goodwill is non-deductible for U.S. federal income tax purposes. The intangible assets are being amortized over one to seven years. The pro forma effects of this acquisition on our operations were not material.

During fiscal 2016, we also completed other individually immaterial acquisitions for total consideration of $458,892, net of cash acquired. These acquisitions were completed primarily to expand our services and solutions offerings. In connection with these acquisitions, we recorded goodwill of $382,326 and intangible assets of $109,981. The intangible assets primarily consist of customer-related and technology intangibles, which are being amortized over one to ten years. The goodwill was allocated among the reportable operating segments and is partially deductible for U.S. federal income tax purposes.

Divestitures

Fiscal 2016

On January 26, 2016, we completed the sale of Navitaire LLC (“Navitaire”), a wholly owned subsidiary that provides technology and business solutions to the airline industry, to Amadeus IT Group, S.A. (“Amadeus”). Concurrent with the sale, we also entered into several arrangements to provide services to Amadeus, principally infrastructure outsourcing, over five years. We received a total of $825,644, net of transaction costs and cash divested, of which $214,500 was recorded as deferred revenue attributable to arrangements to provide services to Amadeus. In connection with the sale of Navitaire, we recorded a gain of $547,584 (reported in “Gain on sale of businesses” in the Consolidated Income Statements) and recorded related income taxes of $55,759. Approximately 600 Navitaire employees transferred to Amadeus as a part of this sale.

On August 1, 2016, we completed the transfer of our Duck Creek business to Apax Partners LLP in exchange for $196,198, net of transaction costs and cash divested, and a 40% non-controlling interest in the newly formed joint venture, Duck Creek Technologies LLC (“Duck Creek”). Duck Creek’s business is to accelerate the innovation of claims, billing and policy administration software for the insurance industry. In connection with the transaction, which resulted in the recording of the retained non-controlling interest at fair value, we recorded a gain of $301,239 (reported in “Gain on sale of businesses” in the Consolidated Income Statements) and related income tax expense of $48,286. The fair value of our retained interest in Duck Creek was calculated based on the terms of the transfer and other factors related to the valuation of the non-controlling interest. Approximately1,000 employees moved to Duck Creek as a part of this transaction.

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GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Aug. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill

The changes in the carrying amount of goodwill by reportable operating segment were as follows:

	August 31, 2016		Additions/ Adjustments		Foreign Currency Translation		August 31, 2017		Additions/ Adjustments		Foreign Currency Translation			August 31, 2018
Communications, Media & Technology	$	546,566	$	220,406	$	8,830	$	775,802	$	98,223	$	(8,516	)	$	865,509
Financial Services	854,376		280,569		16,079		1,151,024		32,390		(21,348		)	1,162,066
Health & Public Service	715,849		214,316		4,209		934,374		27,816		(3,142		)	959,048
Products	1,112,991		564,519		20,630		1,698,140		270,701		(20,440		)	1,948,401
Resources	379,655		56,447		6,910		443,012		13,163		(8,187		)	447,988
Total	$	3,609,437	$	1,336,257	$	56,658	$	5,002,352	$	442,293	$	(61,633	)	$	5,383,012

Goodwill includes immaterial adjustments related to prior period acquisitions.

Intangible Assets

Our definite-lived intangible assets by major asset class were as follows:

	August 31, 2017							August 31, 2018
Intangible Asset Class	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer-related	$	809,683	$	(235,315	)	$	574,368	$	862,418	$	(299,702	)	$	562,716
Technology	108,929		(65,453		)	43,476		94,844		(55,690		)	39,154
Patents	124,669		(62,543		)	62,126		128,179		(66,659		)	61,520
Other	52,342		(21,930		)	30,412		50,490		(26,770		)	23,720
Total	$	1,095,623	$	(385,241	)	$	710,382	$	1,135,931	$	(448,821	)	$	687,110

Total amortization related to our intangible assets was $170,187, $149,417 and $117,882 for fiscal 2018, 2017 and 2016, respectively. Estimated future amortization related to intangible assets held at August 31, 2018 is as follows:

Fiscal Year	Estimated Amortization
2019	$	142,050
2020	120,026
2021	107,162
2022	90,993
2023	77,285
Thereafter	149,594
Total	$	687,110

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DERIVATIVE FINANCIAL INSTRUMENTS

12 Months Ended

Aug. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

In the normal course of business, we use derivative financial instruments to manage foreign currency exchange rate risk. Derivative transactions are governed by a uniform set of policies and procedures covering areas such as authorization, counterparty exposure and hedging practices. Positions are monitored using techniques such as market value and sensitivity analyses. We do not enter into derivative transactions for trading purposes. We classify cash flows from our derivative programs as cash flows from operating activities in the Consolidated Cash Flows Statements.

Certain derivatives give rise to credit risks from the possible non-performance by counterparties. Credit risk is generally limited to the fair value of those contracts that are favorable to us, and the maximum amount of loss due to credit risk, based on the gross fair value of our derivative financial instruments that are in an asset position, was $59,145 as of August 31, 2018.

We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. These provisions may reduce our potential overall loss resulting from the insolvency of a counterparty and reduce a counterparty’s potential overall loss resulting from our insolvency. Additionally, these agreements contain early termination provisions triggered by adverse changes in a counterparty’s credit rating, thereby enabling us to accelerate settlement of a transaction prior to its contractual maturity and potentially decrease our realized loss on an open transaction. Similarly, a decrement in our credit rating could trigger a counterparty’s early termination rights, thereby enabling a counterparty to accelerate settlement of a transaction prior to its contractual maturity and potentially increase our realized loss on an open transaction. The aggregate fair value of our derivative instruments with credit-risk-related contingent features that were in a liability position as of August 31, 2018 was $140,690.

Our derivative financial instruments consist of deliverable and non-deliverable foreign currency forward contracts. Fair values for derivative financial instruments are based on prices computed using third-party valuation models and are classified as Level 2 in accordance with the three-level hierarchy of fair value measurements. All of the significant inputs to the third-party valuation models are observable in active markets. Inputs include current market-based parameters such as forward rates, yield curves and credit default swap pricing. For additional information related to the three-level hierarchy of fair value measurements, see Note 10 (Retirement and Profit Sharing Plans) to these Consolidated Financial Statements.

Cash Flow Hedges

Certain of our subsidiaries are exposed to currency risk through their use of our global delivery resources. To mitigate this risk, we use foreign currency forward contracts to hedge the foreign exchange risk of the forecasted intercompany expenses denominated in foreign currencies for up to three years in the future. We have designated these derivatives as cash flow hedges. As of August 31, 2018 and 2017, we held no derivatives that were designated as fair value or net investment hedges.

In order for a derivative to qualify for hedge accounting, the derivative must be formally designated as a fair value, cash flow or net investment hedge by documenting the relationship between the derivative and the hedged item. The documentation includes a description of the hedging instrument, the hedged item, the risk being hedged, our risk management objective and strategy for undertaking the hedge, the method for assessing the effectiveness of the hedge and the method for measuring hedge ineffectiveness. Additionally, the hedge relationship must be expected to be highly effective at offsetting changes in either the fair value or cash flows of the hedged item at both inception of the hedge and on an ongoing basis. We assess the ongoing effectiveness of our hedges using the Hypothetical Derivative Method, which measures hedge ineffectiveness based on a comparison of the change in fair value of the actual derivative designated as the hedging instrument and the change in fair value of a hypothetical derivative. The hypothetical derivative would have terms that identically match the critical terms of the hedged item. We measure and record hedge ineffectiveness at the end of each fiscal quarter.

For a cash flow hedge, the effective portion of the change in estimated fair value of a hedging instrument is recorded in Accumulated other comprehensive loss as a separate component of Shareholders’ Equity and is reclassified into Cost of services in the Consolidated Income Statement during the period in which the hedged transaction is recognized. The amounts related to derivatives designated as cash flow hedges that were reclassified into Cost of services were a net gain of $93,105,$118,840 and $23,004 during fiscal 2018, 2017 and 2016, respectively. The ineffective portion of the change in fair value of a cash flow hedge is recognized immediately in Other income (expense), net in the Consolidated Income Statement and for fiscal 2018, 2017 and 2016, was not material. In addition, we did not discontinue any cash flow hedges during fiscal 2018, 2017 or 2016.

Other Derivatives

We also use foreign currency forward contracts, which have not been designated as hedges, to hedge balance sheet exposures, such as intercompany loans. These instruments are generally short-term in nature, with typical maturities of less than one year, and are subject to fluctuations in foreign exchange rates. Realized gains or losses and changes in the estimated fair value of these derivatives were a net loss of $114,076 for fiscal 2018, a net gain of $66,748 for fiscal 2017, and a net loss of $84,293 for fiscal 2016. Gains and losses on these contracts are recorded in Other income (expense), net in the Consolidated Income Statement and are offset by gains and losses on the related hedged items.

Fair Value of Derivative Instruments

The notional and fair values of all derivative instruments were as follows:

	August 31, 2018			August 31, 2017
Assets
Cash Flow Hedges
Other current assets	$	29,380		$	133,935
Other non-current assets	1,065			82,770
Other Derivatives
Other current assets	28,700			11,470
Total assets	$	59,145		$	228,175
Liabilities
Cash Flow Hedges
Other accrued liabilities	$	50,870		$	21,632
Other non-current liabilities	64,365			17,244
Other Derivatives
Other accrued liabilities	25,455			12,242
Total liabilities	$	140,690		$	51,118
Total fair value	$	(81,545	)	$	177,057
Total notional value	$	8,783,014		$	9,290,345

We utilize standard counterparty master agreements containing provisions for the netting of certain foreign currency transaction obligations and for the set-off of certain obligations in the event of an insolvency of one of the parties to the transaction. In the Consolidated Balance Sheets, we record derivative assets and liabilities at gross fair value. The potential effect of netting derivative assets against liabilities under the counterparty master agreements was as follows:

	August 31, 2018			August 31, 2017
Net derivative assets	$	23,599		$	189,066
Net derivative liabilities	105,144			12,009
Total fair value	$	(81,545	)	$	177,057

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BORROWINGS AND INDEBTEDNESS

12 Months Ended

Aug. 31, 2018

Debt Disclosure [Abstract]

BORROWINGS AND INDEBTEDNESS

As of August 31, 2018, we had the following borrowing facilities, including the issuance of letters of credit, to support general working capital purposes:

	Facility Amount		Borrowings Under Facilities
Syndicated loan facility (1)	$	1,000,000	$	—
Separate, uncommitted, unsecured multicurrency revolving credit facilities (2)	657,033		—
Local guaranteed and non-guaranteed lines of credit (3)	230,165		—
Total	$	1,887,198	$	—

_______________ 

(1) This facility, which matures on December 22, 2020, provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2018 and 2017, we had no borrowings under the facility.

(2) We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2018 and 2017, we had no borrowings under these facilities.

(3) We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2018 and 2017, we had no borrowings under these various facilities.

Under the borrowing facilities described above, we had an aggregate of $324,602 and $195,998 of letters of credit outstanding as of August 31, 2018 and 2017, respectively. In addition, we had total outstanding debt of $25,013 and $25,070 as of August 31, 2018 and 2017, respectively. In the fourth quarter of fiscal 2017, we entered into agreements that will allow us to establish a commercial paper program for short-term borrowings of up to$1 billion, backed by our syndicated loan facility.

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INCOME TAXES

12 Months Ended

Aug. 31, 2018

Income Tax Disclosure [Abstract]

INCOME TAXES

	Fiscal
	2018			2017			2016
Current taxes
U.S. federal	$	70,050		$	152,002		$	314,121
U.S. state and local	3,574			17,269			38,255
Non-U.S.	1,425,875			1,175,962			835,653
Total current tax expense	1,499,499			1,345,233			1,188,029
Deferred taxes
U.S. federal	219,034			(200,483		)	8,588
U.S. state and local	57,044			(26,069		)	1,056
Non-U.S.	(182,078		)	(137,581		)	56,296
Total deferred tax (benefit) expense	94,000			(364,133		)	65,940
Total	$	1,593,499		$	981,100		$	1,253,969

The components of Income before income taxes were as follows:

	Fiscal
	2018		2017		2016
U.S. sources (1)	$	645,943	$	251,456	$	1,047,909
Non-U.S. sources	5,162,150		4,364,576		4,555,663
Total	$	5,808,093	$	4,616,032	$	5,603,572

_______________

(1) Includes U.S. pension settlement charge of $509,793 for fiscal 2017.

On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Tax Act”), which significantly changed U.S. tax law. The Tax Act lowered the U.S. statutory federal income tax rate from 35% to 21%, effective January 1, 2018, resulting in a blended U.S. statutory federal income tax rate of 25.7% for our fiscal year ended August 31, 2018. Due to the recent enactment and the complexity involved in applying the provisions of the Tax Act, we had previously recorded provisional amounts in our financial statements. In the three months ended February 28, 2018, we recognized a provisional tax expense of $136,724 primarily to remeasure our net deferred tax assets at the new, lower rates. In the three months ended May 31, 2018, we recorded an adjustment of $40,927 to our provisional tax expense resulting from our continued analysis of the Tax Act. While we now consider our analysis of these items under the Tax Act to be complete, we have not yet made an accounting policy election to consider the taxes on our intercompany transactions in determining the amount of our valuation allowance.

The reconciliation of the U.S. federal statutory income tax rate to our effective income tax rate was as follows:

	Fiscal
	2018		2017		2016
U.S. federal statutory income tax rate	25.7	%	35.0	%	35.0	%
U.S. state and local taxes, net	1.1		1.3		1.1
Non-U.S. operations taxed at lower rates	(6.1	)	(16.3	)	(12.6	)
Final determinations (1)	(1.9	)	(3.6	)	(2.1	)
Other net activity in unrecognized tax benefits	5.8		8.4		2.7
Divestitures	—		—		(3.4	)
Excess tax benefits from share based payments	(2.3	)	(2.7	)	—
Changes in tax laws and rates	4.4		(1.5	)	—
Other, net	0.7		0.7		1.7
Effective income tax rate	27.4	%	21.3	%	22.4	%

_______________ 

(1) Final determinations include final agreements with tax authorities and expirations of statutes of limitations.

As of August 31, 2018, we had not recognized a deferred tax liability on $1,082,198 of undistributed earnings for certain foreign subsidiaries, because these earnings are intended to be indefinitely reinvested. If such earnings were distributed, some countries may impose additional taxes. The unrecognized deferred tax liability (the amount payable if distributed) is approximately $131,000.

Portions of our operations are subject to reduced tax rates or are free of tax under various tax holidays which expire between fiscal 2019 and 2022. Some of the holidays are renewable at reduced levels, under certain conditions, with possible renewal periods through 2032. The income tax benefits attributable to the tax status of these subsidiaries were estimated to be approximately $103,000, $95,000 and $100,000 in fiscal 2018, 2017 and 2016, respectively.

Changes in tax laws and tax rates decreased our net deferred tax assets by $247,216 in fiscal 2018 and increased our net deferred tax assets by $68,724 in fiscal 2017.

The components of our deferred tax assets and liabilities included the following:

	August 31, 2018			August 31, 2017
Deferred tax assets
Pensions	$	254,268		$	294,850
Revenue recognition	110,424			163,393
Compensation and benefits	517,850			734,373
Share-based compensation	259,276			293,546
Tax credit carryforwards	400,253			1,419,506
Net operating loss carryforwards	119,130			204,803
Depreciation and amortization	97,459			97,076
Deferred amortization deductions	728,564			705,495
Indirect effects of unrecognized tax benefits	355,152			343,832
Other	150,740			122,590
	2,993,116			4,379,464
Valuation allowance	(451,775		)	(1,564,554		)
Total deferred tax assets	2,541,341			2,814,910
Deferred tax liabilities
Revenue recognition	(66,128		)	(80,683		)
Depreciation and amortization	(214,396		)	(228,166		)
Investments in subsidiaries	(138,417		)	(202,359		)
Other	(161,322		)	(225,899		)
Total deferred tax liabilities	(580,263		)	(737,107		)
Net deferred tax assets	$	1,961,078		$	2,077,803

We recorded valuation allowances of $451,775 and $1,564,554 as of August 31, 2018 and 2017, respectively, against deferred tax assets principally associated with certain tax credit and tax net operating loss carryforwards, as we believe it is more likely than not that these assets will not be realized. For all other deferred tax assets, we believe it is more likely than not that the results of future operations will generate sufficient taxable income to realize these deferred tax assets. During fiscal 2018, we recorded a net decrease of $1,112,779 in the valuation allowance. Substantially all of this change related to the write-off of certain tax credit carryforwards for which we had a full valuation allowance. During fiscal 2017, we recorded a net increase of $321,347 in the valuation allowance. The majority of this change related to valuation allowances on certain tax credit carryforwards, as we believed it was more likely than not that these assets would not be realized.

We had tax credit carryforwards as of August 31, 2018 of $400,253, of which $19,976 will expire between 2019 and 2028, $1,838 will expire between 2029 and 2038, and $378,439 has an indefinite carryforward period. We had net operating loss carryforwards as of August 31, 2018 of $478,274. Of this amount, $216,476 expires between 2019 and 2028, $11,080expires between 2029 and 2038, and $250,718 has an indefinite carryforward period.

As of August 31, 2018, we had $1,210,520 of unrecognized tax benefits, of which $818,638, if recognized, would favorably affect our effective tax rate. As of August 31, 2017, we had $945,850 of unrecognized tax benefits, of which $609,555, if recognized, would favorably affect our effective tax rate.The remaining unrecognized tax benefits as of August 31, 2018 and 2017 of $391,882 and $336,295, respectively, represent items recorded as offsetting tax benefits associated with the correlative effects of potential transfer pricing adjustments, state income taxes and timing adjustments.

A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows:

	Fiscal
	2018			2017
Balance, beginning of year	$	945,850		$	985,755
Additions for tax positions related to the current year	349,343			204,321
Additions for tax positions related to prior years	317,215			254,274
Reductions for tax positions related to prior years	(284,711		)	(250,135		)
Statute of limitations expirations	(37,050		)	(41,544		)
Settlements with tax authorities	(68,605		)	(221,999		)
Foreign currency translation	(11,522		)	15,178
Balance, end of year	$	1,210,520		$	945,850

We recognize interest and penalties related to unrecognized tax benefits in the Provision for income taxes. During fiscal 2018, 2017 and 2016, we recognized expense of $37,230, $37,350 and $8,681 in interest and penalties, respectively. Accrued interest and penalties related to unrecognized tax benefits of $125,886 ($114,631, net of tax benefits) and $98,204 ($87,417, net of tax benefits) were reflected on our Consolidated Balance Sheets as of August 31, 2018 and 2017, respectively.

We are currently under audit by the U.S. Internal Revenue Service for fiscal 2016. We are also currently under audit in numerous state and non-U.S. tax jurisdictions. Although the outcome of tax audits is always uncertain and could result in significant cash tax payments, we do not believe the outcome of these audits will have a material adverse effect on our consolidated financial position or results of operations. With limited exceptions, we are no longer subject to income tax audits by taxing authorities for the years before 2009. We believe that it is reasonably possible that our unrecognized tax benefits could decrease by approximately $486,000or increase by approximately $219,000 in the next 12 months as a result of settlements, lapses of statutes of limitations, tax audit activity and other adjustments. The majority of these amounts relate to transfer pricing matters in both U.S. and non-U.S. tax jurisdictions.

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RETIREMENT AND PROFIT SHARING PLANS

12 Months Ended

Aug. 31, 2018

Retirement Benefits [Abstract]

RETIREMENT AND PROFIT SHARING PLANS

Defined Benefit Pension and Postretirement Plans

In the United States and certain other countries, we maintain and administer defined benefit retirement plans and postretirement medical plans for certain current, retired and resigned employees. In addition, our U.S. defined benefit pension plans include a frozen plan for former pre-incorporation partners, which is unfunded. Benefits under the employee retirement plans are primarily based on years of service and compensation during the years immediately preceding retirement or termination of participation in the plan. The defined benefit pension disclosures include our U.S. and material non-U.S. defined benefit pension plans.

Assumptions

The weighted-average assumptions used to determine the defined benefit pension obligations as of August 31 and the net periodic pension expense were as follows:

	Pension Plans												Postretirement Plans
	August 31, 2018				August 31, 2017				August 31, 2016				August 31, 2018		August 31, 2017		August 31, 2016
	U.S. Plans		Non-U.S. Plans		U.S.  Plans		Non-U.S. Plans		U.S.  Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Discount rate for determining projected benefit obligation	4.00	%	3.29	%	3.75	%	2.83	%	3.50	%	2.40	%	3.98	%	3.73	%	3.51	%
Discount rate for determining net periodic pension expense	3.75	%	2.83	%	3.50	%	2.40	%	4.50	%	3.47	%	3.73	%	3.51	%	4.46	%
Long term rate of return on plan assets	4.25	%	3.56	%	4.25	%	3.52	%	4.75	%	3.99	%	3.64	%	4.13	%	4.54	%
Rate of increase in future compensation for determining projected benefit obligation	2.23	%	3.67	%	2.25	%	3.63	%	2.57	%	3.47	%	N/A		N/A		N/A
Rate of increase in future compensation for determining net periodic pension expense	2.25	%	3.63	%	2.57	%	3.47	%	3.60	%	3.56	%	N/A		N/A		N/A

We utilize a full yield curve approach to estimate the service and interest cost components by applying specific spot rates along the yield curve used in the determination of the benefit obligation to the relevant projected cash flows. This approach provides a correlation between projected benefit cash flows and the corresponding yield curve spot rates and provides a precise measurement of service and interest costs. The discount rate assumptions are based on the expected duration of the benefit payments for each of our defined benefit pension and postretirement plans as of the annual measurement date and are subject to change each year.

The expected long-term rate of return on plan assets should, over time, approximate the actual long-term returns on defined benefit pension and postretirement plan assets and is based on historical returns and the future expectations for returns for each asset class, as well as the target asset allocation of the asset portfolio.

Assumed U.S. Health Care Cost Trend

Our U.S. postretirement plan assumed annual rate of increase in the per capita cost of health care benefits is 6.9% for the plan year ending June 30, 2019. The rate is assumed to decrease on a straight-line basis to4.5% for the plan year ending June 30, 2038 and remain at that level thereafter. A one percentage point increase in the assumed health care cost trend rates would increase the benefit obligation by $79,766, while a one percentage point decrease would reduce the benefit obligation by $62,785.

U.S. Defined Benefit Pension Plan Settlement Charges

In May 2017, we settled our U.S. pension plan obligations. Plan participants elected to receive either a lump-sum distribution or to transfer benefits to a third-party annuity provider. As a result of the settlement, we were relieved of any further obligation under our U.S. pension plan. During fiscal 2017, we recorded a pension settlement charge of $509,793, and related income tax benefits of $198,219. The charge primarily consisted of unrecognized actuarial losses of $460,908 previously included in Accumulated other comprehensive loss. In connection with the settlement, we made a $118,500 cash contribution ($48,885 related to additional actuarial losses and $69,615 to fund previously recorded pension liabilities). In connection with the plan termination, we created a separate defined benefit plan, with substantially the same terms as the terminated plan, for approximately600 active employees who are currently eligible to accrue benefits.

Pension and Postretirement Expense

Pension expense for fiscal 2018, 2017 and 2016 was $125,320,$622,302(including the above noted settlement charge) and $94,827, respectively. Postretirement expense for fiscal 2018, 2017 and 2016 was not material to our Consolidated Financial Statements.

Benefit Obligation, Plan Assets and Funded Status

The changes in the benefit obligations, plan assets and funded status of our pension and postretirement benefit plans for fiscal 2018 and 2017 were as follows:

	Pension Plans												Postretirement Plans
	August 31, 2018						August 31, 2017						August 31, 2018			August 31, 2017
	U.S. Plans			Non-U.S. Plans			U.S. Plans			Non-U.S. Plans			U.S. and Non-U.S. Plans			U.S. and Non-U.S. Plans
Reconciliation of benefit obligation
Benefit obligation, beginning of year	$	342,863		$	1,816,462		$	2,030,006		$	1,758,110		$	529,680		$	500,964
Service cost	4,233			81,840			7,380			82,727			20,929			19,898
Interest cost	10,626			46,993			48,354			36,906			17,537			15,270
Participant contributions	—			12,189			—			11,832			—			—
Acquisitions/divestitures/transfers	—			(121		)	—			15,664			—			—
Amendments	—			28,696			—			(847		)	—			—
Curtailment	—			(4,946		)	—			—			(2,782		)	—
Pension settlement	4,289			(70,124		)	(1,612,824		)	—			—			—
Actuarial (gain) loss	(16,149		)	(25,942		)	(80,507		)	(76,066		)	(18,001		)	5,084
Benefits paid	(13,946		)	(69,841		)	(49,546		)	(47,233		)	(10,499		)	(13,047		)
Exchange rate impact	—			(42,494		)	—			35,369			(1,232		)	1,511
Benefit obligation, end of year	$	331,916		$	1,772,712		$	342,863		$	1,816,462		$	535,632		$	529,680
Reconciliation of fair value of plan assets
Fair value of plan assets, beginning of year	$	204,629		$	1,154,128		$	1,801,435		$	1,081,154		$	26,541		$	27,130
Actual return on plan assets	(5,278		)	6,792			(63,919		)	42,417			(505		)	(38		)
Acquisitions/divestitures/transfers	—			—			—			818			—			—
Employer contributions	20,882			109,292			129,483			67,300			13,176			12,496
Participant contributions	—			12,189			—			11,832			—			—
Pension settlement	4,289			(71,562		)	(1,612,824		)	—			—			—
Benefits paid	(13,946		)	(69,841		)	(49,546		)	(47,233		)	(10,499		)	(13,047		)
Exchange rate impact	—			(13,622		)	—			(2,160		)	—			—
Fair value of plan assets, end of year	$	210,576		$	1,127,376		$	204,629		$	1,154,128		$	28,713		$	26,541
Funded status, end of year	$	(121,340	)	$	(645,336	)	$	(138,234	)	$	(662,334	)	$	(506,919	)	$	(503,139	)
Amounts recognized in the Consolidated Balance Sheets
Non-current assets	$	6,757		$	106,621		$	2,127		$	64,461		$	—		$	—
Current liabilities	(10,854		)	(27,306		)	(11,047		)	(21,015		)	(1,856		)	(1,659		)
Non-current liabilities	(117,243		)	(724,651		)	(129,314		)	(705,780		)	(505,063		)	(501,480		)
Funded status, end of year	$	(121,340	)	$	(645,336	)	$	(138,234	)	$	(662,334	)	$	(506,919	)	$	(503,139	)

Accumulated Other Comprehensive Loss

The pre-tax accumulated net loss and prior service (credit) cost recognized in Accumulated other comprehensive loss as of August 31, 2018 and 2017 was as follows:

	Pension Plans									Postretirement Plans
	August 31, 2018				August 31, 2017					August 31, 2018		August 31, 2017
	U.S. Plans		Non-U.S.  Plans		U.S. Plans		Non-U.S.  Plans			U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Net loss	$	105,580	$	357,250	$	112,015	$	386,428		$	114,827	$	142,197
Prior service (credit) cost	—		22,293		—		(5,222		)	23,671		27,656
Accumulated other comprehensive loss, pre-tax	$	105,580	$	379,543	$	112,015	$	381,206		$	138,498	$	169,853

Funded Status for Defined Benefit Plans

The accumulated benefit obligation for defined benefit pension plans as of August 31, 2018 and 2017 was as follows:

	August 31, 2018				August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Accumulated benefit obligation	$	325,152	$	1,614,649	$	333,588	$	1,651,869

The following information is provided for defined benefit pension plans and postretirement plans with projected benefit obligations in excess of plan assets and for defined benefit pension plans with accumulated benefit obligations in excess of plan assets as of August 31, 2018 and 2017:

	Pension Plans								Postretirement Plans
	August 31, 2018				August 31, 2017				August 31, 2018		August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Projected benefit obligation in excess of plan assets
Projected benefit obligation	$	128,097	$	1,009,762	$	342,863	$	1,037,634	$	535,632	$	529,680
Fair value of plan assets	—		257,805		202,502		310,839		28,713		26,541

	August 31, 2018				August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Accumulated benefit obligation in excess of plan assets
Accumulated benefit obligation	$	128,097	$	848,217	$	138,476	$	810,330
Fair value of plan assets	—		220,220		—		208,559

Investment Strategies

U.S. Pension Plans

The overall investment objective of the defined benefit pension plans is to match the duration of the plans’ assets to the plans’ liabilities while managing risk in order to meet current defined benefit pension obligations. The plans’ future prospects, their current financial conditions, our current funding levels and other relevant factors suggest that the plans can tolerate some interim fluctuations in market value and rates of return in order to achieve long-term objectives without undue risk to the plans’ ability to meet their current benefit obligations. We recognize that asset allocation of the defined benefit pension plans’ assets is an important factor in determining long-term performance. Actual asset allocations at any point in time may vary from the target asset allocations and will be dictated by current and anticipated market conditions, required cash flows and investment decisions of the investment committee and the pension plans’ investment funds and managers. Ranges are established to provide flexibility for the asset allocation to vary around the targets without the need for immediate rebalancing.

Non-U.S. Pension Plans

Plan assets in non-U.S. defined benefit pension plans conform to the investment policies and procedures of each plan and to relevant legislation. The pension committee or trustee of each plan regularly, but at least annually, reviews the investment policy and the performance of the investment managers. In certain countries, the trustee is also required to consult with us. Asset allocation decisions are made to provide risk adjusted returns that align with the overall investment strategy for each plan. Generally, the investment return objective of each plan is to achieve a total annualized rate of return that exceeds inflation over the long term by an amount based on the target asset allocation mix of that plan. In certain countries, plan assets are invested in funds that are required to hold a majority of assets in bonds, with a smaller proportion in equities. Also, certain plan assets are entirely invested in contracts held with the plan insurer, which determines the strategy. Defined benefit pension plans in certain countries are unfunded.

Risk Management

Plan investments are exposed to risks including market, interest rate and operating risk. In order to mitigate significant concentrations of these risks, the assets are invested in a diversified portfolio primarily consisting of fixed income instruments and equities. To minimize asset volatility relative to the liabilities, plan assets allocated to debt securities appropriately match the duration of individual plan liabilities. Equities are diversified between U.S. and non-U.S. index funds and are intended to achieve long term capital appreciation. Plan asset allocation and investment managers’ guidelines are reviewed on a regular basis.

Plan Assets

Our target allocation for fiscal 2019 and weighted-average plan assets allocations as of August 31, 2018 and 2017 by asset category for defined benefit pension plans were as follows:

	2019 Target Allocation				2018				2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Asset Category
Equity securities	—	%	26	%	—	%	20	%	—	%	30	%
Debt securities	100		52		94		57		94		58
Cash and short-term investments	—		2		6		2		6		2
Insurance contracts	—		17		—		17		—		6
Other	—		3		—		4		—		4
Total	100	%	100	%	100	%	100	%	100	%	100	%

Fair Value Measurements

Fair value is the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity.

The three-level hierarchy of fair value measurements is based on whether the inputs to those measurements are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. The fair-value hierarchy requires the use of observable market data when available and consists of the following levels:

• Level 1—Quoted prices for identical instruments in active markets;

• Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets; and

• Level 3—Valuations derived from valuation techniques in which one or more significant inputs are unobservable.

The fair values of defined benefit pension and postretirement plan assets as of August 31, 2018 were as follows:

Non-U.S. Plans
	Level 1		Level 2		Level 3		Total
Equity
Mutual fund equity securities	$	—	$	222,061	$	—	$	222,061
Fixed Income
Non-U.S. government debt securities	117,389		—		—		117,389
Mutual fund debt securities	4		535,092		—		535,096
Cash and short-term investments	17,687		5,502		—		23,189
Insurance contracts	—		72,820		114,960		187,780
Other	—		41,861		—		41,861
Total	$	135,080	$	877,336	$	114,960	$	1,127,376

There were no transfers between Levels 1 and 2 during fiscal 2018. The level 3 assets are invested in an insurance buy-in contract in a Non-U.S. plan. The fair value of the assets is set to an actuarially calculated present value of the underlying liabilities.

The U.S. Plans have $239,289 in Level 2 assets, primarily made up of U.S. corporate debt securities of $136,814and U.S. government, state and local debt securities of $58,239.

The following table provides a reconciliation of the beginning and ending balances of Level 3 assets for fiscal 2018:

Level 3 Assets	Fiscal 2018
Beginning balance	$	—
Purchases, sales and settlements	130,543
Changes in fair value	(15,583		)
Ending Balance	$	114,960

Expected Contributions

Generally, annual contributions are made at such times and in amounts as required by law and may, from time to time, exceed minimum funding requirements. We estimate we will pay approximately $93,973 in fiscal2019related to contributions to our U.S. and non-U.S. defined benefit pension plans and benefit payments related to the unfunded frozen plan for former pre-incorporation partners. We have not determined whether we will make additional voluntary contributions for our defined benefit pension plans. Our postretirement plan contributions in fiscal 2019 are not expected to be material to our Consolidated Financial Statements.

Estimated Future Benefit Payments

Benefit payments for defined benefit pension plans and postretirement plans, which reflect expected future service, as appropriate, are expected to be paid as follows:

	Pension Plans				Postretirement Plans
	U.S. Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans
2019	$	14,168	$	61,593	$	14,052
2020	15,013		72,592		15,879
2021	15,795		82,049		17,811
2022	16,621		88,100		19,823
2023	17,317		103,213		22,458
2024-2028	96,921		522,427		150,083

Defined Contribution Plans

In the United States and certain other countries, we maintain and administer defined contribution plans for certain current, retired and resigned employees. Total expenses recorded for defined contribution plans were$485,736, $454,124 and $419,932 in fiscal 2018, 2017 and 2016, respectively.

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SHARE-BASED COMPENSATION

12 Months Ended

Aug. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

SHARE-BASED COMPENSATION

Share Incentive Plans

The Amended and Restated Accenture plc 2010 Share Incentive Plan, as amended and approved by our shareholders in 2018 (the “Amended 2010 SIP”), is administered by the Compensation Committee of the Board of Directors of Accenture and provides for the grant of nonqualified share options, incentive stock options, restricted share units and other share-based awards. A maximum of 99,000,000 Accenture plc Class A ordinary shares are currently authorized for awards under the Amended 2010 SIP. As of August 31, 2018, there were 24,266,070 shares available for future grants. Accenture plc Class A ordinary shares covered by awards that terminate, lapse or are cancelled may again be used to satisfy awards under the Amended 2010 SIP. We issue new Accenture plc Class A ordinary shares and shares from treasury for shares delivered under the Amended 2010 SIP.

A summary of information with respect to share-based compensation is as follows:

	Fiscal
	2018		2017		2016
Total share-based compensation expense included in Net income	$	976,908	$	795,235	$	758,176
Income tax benefit related to share-based compensation included in Net income (1)	404,124		349,114		236,423

 _______________

(1) Prior to the adoption of ASU 2016-09 excess tax benefits for share-based compensation were not recognized in the provision for income taxes. Therefore, fiscal 2016 excludes $92,285 of excess tax benefits from the income tax provision.

Restricted Share Units

Under the Amended 2010 SIP, participants may be, and previously under the predecessor 2001 Share Incentive Plan were, granted restricted share units, each of which represent an unfunded, unsecured right to receive an Accenture plc Class A ordinary share on the date specified in the participant’s award agreement. The fair value of the awards is based on our stock price on the date of grant. The restricted share units granted under these plans are subject to cliff or graded vesting, generally ranging from two to seven years. For awards with graded vesting, compensation expense is recognized over the vesting term of each separately vesting portion. Compensation expense is recognized on a straight-line basis for awards with cliff vesting. Restricted share unit activity during fiscal 2018 was as follows:

	Number of Restricted Share Units		Weighted Average Grant-Date Fair Value
Nonvested balance as of August 31, 2017	21,029,042		$	101.88
Granted (1)	8,166,416		153.33
Vested (2)	(8,692,766	)	96.86
Forfeited	(1,424,085	)	109.83
Nonvested balance as of August 31, 2018	19,078,607		$	125.59

 _______________

(1) The weighted average grant-date fair value for restricted share units granted for fiscal 2018, 2017 and 2016was $153.33, $117.72 and $105.16, respectively.

(2) The total grant-date fair value of restricted share units vested for fiscal 2018, 2017 and 2016 was $842,002,$726,324 and $796,620, respectively.

As of August 31, 2018, there was $924,824 of total unrecognized restricted share unit compensation expense related to nonvested awards, which is expected to be recognized over a weighted average period of 1.2 years. As of August 31, 2018, there were 598,447 restricted share units vested but not yet delivered as Accenture plc Class A ordinary shares.

Stock Options

There were no stock options granted during fiscal 2018, 2017 or 2016. As of August 31, 2018 we had 12,274 stock options outstanding and exercisable at a weighted average exercise price of $39.46 and a weighted average remaining contractual term of 1.2 years.

Employee Share Purchase Plan

2010 ESPP

The Amended and Restated Accenture plc 2010 Employee Share Purchase Plan (the “2010 ESPP”) is a nonqualified plan that provides eligible employees of Accenture plc and its designated affiliates with an opportunity to purchase Accenture plc Class A ordinary shares through payroll deductions. Under the 2010 ESPP, eligible employees may purchase Accenture plc Class A ordinary shares through the Employee Share Purchase Plan (the “ESPP”) or the Voluntary Equity Investment Program (the “VEIP”). Under the ESPP, eligible employees may elect to contribute 1% to 10% of their eligible compensation during each semi-annual offering period (up to $7.5 per offering period) to purchase Accenture plc Class A ordinary shares at a discount. Under the VEIP, eligible members of Accenture Leadership may elect to contribute up to 30% of their eligible compensation towards the monthly purchase of Accenture plc Class A ordinary shares at fair market value. At the end of the VEIP program year, Accenture Leadership participants who did not withdraw from the program will be granted restricted share units under the Amended 2010 SIP equal to 50% of the number of shares purchased during that year and held by the participant as of the grant date.

A maximum of 90,000,000 Accenture plc Class A ordinary shares may be issued under the 2010 ESPP. As ofAugust 31, 2018, we had issued 54,111,908 Accenture plc Class A ordinary shares under the 2010 ESPP.We issued 5,428,356, 6,103,977 and 5,850,113 shares to employees in fiscal 2018, 2017 and 2016, respectively, under the 2010 ESPP.

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SHAREHOLDERS' EQUITY

12 Months Ended

Aug. 31, 2018

Equity [Abstract]

SHAREHOLDERS' EQUITY

Accenture plc

Ordinary Shares

We have 40,000 authorized ordinary shares, par value €1 per share. Each ordinary share of Accentureplc entitles its holder to receive payments upon a liquidation of Accenture plc; however a holder of an ordinary share is not entitled to vote on matters submitted to a vote of shareholders of Accenture plc or to receive dividends.

Class A Ordinary Shares

An Accenture plc Class A ordinary share entitles its holder to one vote per share, and holders of those shares do not have cumulative voting rights. Each Class A ordinary share entitles its holder to a pro rata part of any dividend at the times and in the amounts, if any, which Accenture plc’s Board of Directors from time to time determines to declare, subject to any preferred dividend rights attaching to any preferred shares. Each Class A ordinary share is entitled on a winding-up of Accenture plc to be paid a pro rata part of the value of the assets of Accenture plc remaining after payment of its liabilities, subject to any preferred rights on liquidation attaching to any preferred shares.

Class X Ordinary Shares

Most of our partners who received Accenture Canada Holdings Inc. exchangeable shares in connection with our transition to a corporate structure received a corresponding number of Accenture plc Class X ordinary shares. An Accenture plc Class X ordinary share entitles its holder to one vote per share, and holders of those shares do not have cumulative voting rights. A Class X ordinary share does not entitle its holder to receive dividends, and holders of those shares are not entitled to be paid any amount upon a winding-up of Accenture plc. Accenture plc may redeem, at its option, any Class X ordinary share for a redemption price equal to the par value of the Class X ordinary share. Accenture plc has separately agreed with the original holders of Accenture Canada Holdings Inc. exchangeable shares not to redeem any Class X ordinary share of such holder if the redemption would reduce the number of Class X ordinary shares held by that holder to a number that is less than the number of Accenture Canada Holdings Inc. exchangeable shares owned by that holder, as the case may be. Accenture plc will redeem Class X ordinary shares upon the redemption or exchange of Accenture Canada Holdings Inc. exchangeable shares so that the aggregate number of Class X ordinary shares outstanding at any time does not exceed the aggregate number of Accenture Canada Holdings Inc. exchangeable shares outstanding. Class X ordinary shares are not transferable without the consent of Accenture plc.

Equity of Subsidiaries Redeemable or Exchangeable for Accenture plc Class A Ordinary Shares

Accenture Canada Holdings Inc. Exchangeable Shares

Partners resident in Canada and New Zealand received Accenture Canada Holdings Inc. exchangeable shares in connection with our transition to a corporate structure. Holders of Accenture Canada Holdings Inc. exchangeable shares may exchange their shares for Accenture plc Class A ordinary shares at any time on a one-for-one basis. We may, at our option, satisfy this exchange with cash at a price per share generally equal to the market price of an Accenture plc Class A ordinary share at the time of the exchange. Each exchangeable share of Accenture Canada Holdings Inc. entitles its holder to receive distributions equal to any distributions to which an Accenture plc Class A ordinary share entitles its holder.

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MATERIAL TRANSACTIONS AFFECTING SHAREHOLDERS' EQUITY

12 Months Ended

Aug. 31, 2018

Equity [Abstract]

MATERIAL TRANSACTION AFFECTING SHAREHOLDERS' EQUITY

Share Purchases and Redemptions

The Board of Directors of Accenture plc has authorized funding for our publicly announced open-market share purchase program for acquiring Accenture plc Class A ordinary shares and for purchases and redemptions of Accenture plc Class A ordinary shares and Accenture Canada Holdings Inc. exchangeable shares, and prior to March 13, 2018, Accenture Holdings plc ordinary shares, held by current and former members of Accenture Leadership and their permitted transferees. As of August 31, 2018, our aggregate available authorization was $950,443 for our publicly announced open-market share purchase and these other share purchase programs.

Our share purchase activity during fiscal 2018 was as follows:

	Accenture plc Class A Ordinary Shares			Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (3)
	Shares	Amount		Shares	Amount
Open-market share purchases (1)	13,618,163	$	2,083,762	—	$	—
Other share purchase programs	—	—		571,134	85,010
Other purchases (2)	3,088,027	470,322		—	—
Total	16,706,190	$	2,554,084	571,134	$	85,010

 _______________

(1) We conduct a publicly announced open-market share purchase program for Accenture plc Class A ordinary shares. These shares are held as treasury shares by Accenture plc and may be utilized to provide for select employee benefits, such as equity awards to our employees.

(2) During fiscal 2018, as authorized under our various employee equity share plans, we acquired Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under those plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and the other share purchase programs.

(3) In connection with the internal merger described in Note 1 (Summary of Significant Accounting Policies) in which Accenture Holdings plc merged with and into Accenture plc, shareholders of Accenture Holdings plc received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, after which Accenture Holdings plc ceased to exist. Accordingly, as of March 13, 2018, there were no longer any ordinary shares of Accenture Holdings plc outstanding.

Other Share Redemptions

During fiscal 2018, we issued 25,906,176 Accenture plc Class A ordinary shares. The merger, described in Note 1 (Summary of Significant Accounting Policies) resulted in 25,554,372 Accenture plc Class A ordinary shares being issued in exchange for Accenture Holdings plc shares on March 13, 2018. Additionally, prior to the merger, we issued 351,804 Accenture plc Class A ordinary shares upon redemptions of an equivalent number of Accenture Holdings plc ordinary shares pursuant to a registration statement on Form S-3 (the “registration statement”). Under the registration statement we, at our option, could issue freely tradable Accenture plc Class A ordinary shares in lieu of cash upon redemptions of Accenture Holdings plc ordinary shares held by current and former members of Accenture Leadership and their permitted transferees. In connection with the merger of Accenture Holdings plc with and into Accenture plc, we have terminated the registration statement.

Cancellation of Treasury Shares

During fiscal 2018, we cancelled11,620,621Accenture plc Class A ordinary shares that were held as treasury shares and had an aggregate cost of$1,582,067. The effect of the cancellation of these treasury shares was recognized in Class A ordinary shares and Additional paid-in capital with the residual recorded in Retained earnings. There was no effect on total shareholders’ equity as a result of this cancellation.

Dividends

Our dividend activity during fiscal 2018 was as follows:

	Dividend Per Share		Accenture plc Class A Ordinary Shares			Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (1)			Total  Cash Outlay
Dividend Payment Date			Record Date	Cash Outlay		Record Date	Cash Outlay
November 15, 2017	$	1.33	October 19, 2017	$	817,241	October 17, 2017	$	36,373	$	853,614
May 15, 2018	1.33		April 12, 2018	853,831		April 10, 2018	1,279		855,110
Total Dividends				$	1,671,072		$	37,652	$	1,708,724

_______________

(1) The dividend for the three months ended May 31, 2018 included payments made to holders of Accenture Canada Holdings Inc. exchangeable shares while the dividend for the three months ended November 30, 2017 included payments made to holders of both Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. exchangeable shares. See Note 1 (Summary of Significant Accounting Policies) for additional information on Accenture Holdings plc.

The payment of the cash dividends also resulted in the issuance of an immaterial number of additional restricted share units to holders of restricted share units.

Subsequent Events

On September 26, 2018, the Board of Directors of Accenture plc declared a semi-annual cash dividend of $1.46per share on its Class A ordinary shares for shareholders of record at the close of business on October 18, 2018 payable on November 15, 2018. The payment of the cash dividends will result in the issuance of an immaterial number of additional restricted share units to holders of restricted share units. In addition, on September 27, 2018, we announced that we are changing the frequency of any cash dividend payments to shareholders during fiscal 2020 from semi-annual to quarterly.

On September 26, 2018, the Board of Directors of Accenture plc approved $5,000,000 in additional share repurchase authority bringing Accenture’s total outstanding authority to $5,950,443.

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LEASE COMMITMENTS

12 Months Ended

Aug. 31, 2018

Leases [Abstract]

LEASE COMMITMENTS

We have operating leases, principally for office space, with various renewal options. Substantially all operating leases are non-cancelable or cancelable only by the payment of penalties. Rental expense in agreements with rent holidays and scheduled rent increases is recorded on a straight-line basis over the lease term. Rental expense, including operating costs and taxes, and sublease income from third parties during fiscal 2018, 2017 and 2016 was as follows:

	Fiscal
	2018			2017			2016
Rental expense	$	653,531		$	617,014		$	578,149
Sublease income from third parties	(28,219		)	(28,992		)	(26,403		)

Future minimum rental commitments under non-cancelable operating leases as of August 31, 2018 were as follows:

	Operating Lease Payments		Operating Sublease Income
2019	$	598,483	$	(28,083	)
2020	543,125		(24,115		)
2021	474,478		(17,221		)
2022	411,002		(7,932		)
2023	338,630		(7,661		)
Thereafter	1,285,763		(40,286		)
	$	3,651,481	$	(125,298	)

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COMMITMENTS AND CONTINGENCIES

12 Months Ended

Aug. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments Contingencies and Guarantees [Text Block]

Commitments

We have the right to purchase at fair value, or if certain events occur may be required to purchase at fair value, the outstanding shares of our SinnerSchrader AG subsidiary. As of August 31, 2018, the fair value of the redeemable common stock of SinnerSchrader AG of $46,703 was included in Other accrued liabilities in the Consolidated Balance Sheets.

During fiscal 2018, we purchased shares related to the remaining outstanding redeemable common stock and options on redeemable common stock of our Avanade Inc. subsidiary and eliminated the liability, which was $52,996 as of August 31, 2017 and was included in Other accrued liabilities in the Consolidated Balance Sheets.

Indemnifications and Guarantees

In the normal course of business and in conjunction with certain client engagements, we have entered into contractual arrangements through which we may be obligated to indemnify clients with respect to certain matters. These arrangements with clients can include provisions whereby we have joint and several liability in relation to the performance of certain contractual obligations along with third parties also providing services and products for a specific project. In addition, our consulting arrangements may include warranty provisions that our solutions will substantially operate in accordance with the applicable system requirements. Indemnification provisions are also included in arrangements under which we agree to hold the indemnified party harmless with respect to third-party claims related to such matters as title to assets sold or licensed or certain intellectual property rights.

Typically, we have contractual recourse against third parties for certain payments we made in connection with arrangements where third-party nonperformance has given rise to the client’s claim. Payments we made under any of the arrangements described above are generally conditioned on the client making a claim, which may be disputed by us typically under dispute resolution procedures specified in the particular arrangement. The limitations of liability under these arrangements may be expressly limited or may not be expressly specified in terms of time and/or amount.

As of August 31, 2018 and 2017, our aggregate potential liability to our clients for expressly limited guarantees involving the performance of third parties was approximately$782,000 and $697,000, respectively, of which all but approximately $130,000 and $149,000, respectively, may be recovered from the other third parties if we are obligated to make payments to the indemnified parties as a consequence of a performance default by the other third parties. For arrangements with unspecified limitations, we cannot reasonably estimate the aggregate maximum potential liability, as it is inherently difficult to predict the maximum potential amount of such payments, due to the conditional nature and unique facts of each particular arrangement.

To date, we have not been required to make any significant payment under any of the arrangements described above. We have assessed the current status of performance/payment risk related to arrangements with limited guarantees, warranty obligations, unspecified limitations and/or indemnification provisions and believe that any potential payments would be immaterial to the Consolidated Financial Statements, as a whole.

Legal Contingencies

As of August 31, 2018, we or our present personnel had been named as a defendant in various litigation matters. We and/or our personnel also from time to time are involved in investigations by various regulatory or legal authorities concerning matters arising in the course of our business around the world. Based on the present status of these matters, management believes the range of reasonably possible losses in addition to amounts accrued, net of insurance recoveries, will not have a material effect on our results of operations or financial condition.

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SEGMENT REPORTING

12 Months Ended

Aug. 31, 2018

Segment Reporting [Abstract]

SEGMENT REPORTING

Operating segments are components of an enterprise where separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance.

Our chief operating decision makers are our Chief Executive Officer and Chief Financial Officer. Our operating segments are managed separately because each operating segment represents a strategic business unit providing consulting and outsourcing services to clients in different industries.

Our reportable operating segments are the five operating groups, which are Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. Information regarding our reportable operating segments is as follows:

Fiscal
2018	Communications, Media & Technology		Financial Services		Health & Public Service		Products		Resources		Other (3)			Total
Net revenues	$	8,030,775	$	8,237,982	$	6,688,467	$	10,854,339	$	5,657,178	$	104,709		$	39,573,450
Depreciation and amortization (1)	176,232		161,451		171,084		271,853		146,156		—			926,776
Operating income	1,368,142		1,352,870		755,559		1,649,785		714,685		—			5,841,041
Net assets as of August 31 (2)	984,345		23,666		989,150		1,571,620		1,046,216		153,725			4,768,722
2017
Net revenues	$	6,884,738	$	7,393,945	$	6,177,846	$	9,500,451	$	4,847,073	$	46,129		$	34,850,182
Depreciation and amortization (1)	148,690		147,343		143,659		228,400		133,697		—			801,789
Operating income	1,048,786		1,207,391		772,785		1,558,680		554,760		(509,793		)	4,632,609
Net assets as of August 31 (2)	916,325		155,386		911,605		1,299,898		953,820		112,264			4,349,298
2016
Net revenues	$	6,615,717	$	7,031,053	$	5,986,878	$	8,395,038	$	4,838,963	$	15,074		$	32,882,723
Depreciation and amortization (1)	141,356		139,518		134,788		206,806		106,584		—			729,052
Operating income	965,574		1,127,750		807,012		1,282,461		627,648		—			4,810,445
Net assets as of August 31 (2)	923,764		123,827		892,569		1,281,551		820,273		(137,761		)	3,904,223

_______________

(1) Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each operating segment, as well as an allocation for amounts they do not directly control.

(2) We do not allocate total assets by operating segment. Operating segment assets directly attributed to an operating segment and provided to the chief operating decision makers include receivables from clients, current and non-current unbilled services, deferred contract costs and current and non-current deferred revenues.

(3) Other operating income for fiscal 2017 represents the pension settlement charge.

The accounting policies of the operating segments are the same as those described in Note 1 (Summary of Significant Accounting Policies) to these Consolidated Financial Statements.

Revenues are attributed to geographic regions and countries based on where client services are supervised. Information regarding geographic regions and countries is as follows:

Fiscal	North America		Europe		Growth Markets		Total
2018
Net revenues	$	17,849,010	$	14,111,622	$	7,612,818	$	39,573,450
Reimbursements	927,266		738,062		364,650		2,029,978
Revenues	18,776,276		14,849,684		7,977,468		41,603,428
Property and equipment, net as of August 31	375,237		319,487		569,296		1,264,020
2017
Net revenues	$	16,290,842	$	12,002,025	$	6,557,315	$	34,850,182
Reimbursements	963,911		625,073		326,312		1,915,296
Revenues	17,254,753		12,627,098		6,883,627		36,765,478
Property and equipment, net as of August 31	274,463		294,154		571,981		1,140,598
2016
Net revenues	$	15,653,290	$	11,512,434	$	5,716,999	$	32,882,723
Reimbursements	970,248		637,212		307,478		1,914,938
Revenues	16,623,538		12,149,646		6,024,477		34,797,661
Property and equipment, net as of August 31	244,351		220,500		491,691		956,542

Our business in the United States represented 43%, 45% and 46% of our consolidated net revenues during fiscal 2018, 2017 and 2016, respectively. No other country individually comprised 10% or more of our consolidated net revenues during these periods. Business in Ireland, our country of domicile, represented approximately 1% of our consolidated net revenues during each of fiscal 2018, 2017 and 2016.

We conduct business in Ireland and in the following countries that hold 10% or more of our total consolidated Property and equipment, net:

	August 31, 2018		August 31, 2017		August 31, 2016
United States	27	%	23	%	25	%
India	19		25		25
Ireland	7		5		4

Revenues by type of work were as follows:

	Fiscal
	2018		2017		2016
Consulting	$	21,573,983	$	18,753,796	$	17,867,891
Outsourcing	17,999,467		16,096,386		15,014,832
Net revenues	39,573,450		34,850,182		32,882,723
Reimbursements	2,029,978		1,915,296		1,914,938
Revenues	$	41,603,428	$	36,765,478	$	34,797,661

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QUARTERLY DATA

12 Months Ended

Aug. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY DATA

Fiscal 2018	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Annual
Net revenues	$	9,523,222	$	9,585,442	$	10,314,999	$	10,149,787	$	39,573,450
Reimbursements	531,271		482,390		523,855		492,462		2,029,978
Revenues	10,054,493		10,067,832		10,838,854		10,642,249		41,603,428
Cost of services before reimbursable expenses	6,470,962		6,737,048		6,995,871		6,926,656		27,130,537
Reimbursable expenses	531,271		482,390		523,855		492,462		2,029,978
Cost of services	7,002,233		7,219,438		7,519,726		7,419,118		29,160,515
Operating income	1,485,880		1,282,764		1,619,726		1,452,671		5,841,041
Net income	1,188,542		919,540		1,058,141		1,048,371		4,214,594
Net income attributable to Accenture plc	1,123,660		863,703		1,043,020		1,029,524		4,059,907
Weighted average Class A ordinary shares:
—Basic	615,835,525		617,854,667		639,217,344		640,575,241		628,451,742
—Diluted	656,672,417		656,118,796		654,600,026		653,960,751		655,296,150
Earnings per Class A ordinary share:
—Basic	$	1.82	$	1.40	$	1.63	$	1.61	$	6.46
—Diluted	1.79		1.37		1.60		1.58		6.34
Ordinary share price per share:
—High	$	148.60	$	165.58	$	164.30	$	169.92	$	169.92
—Low	129.10		145.75		146.05		155.30		129.10

Fiscal 2017	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Annual
Net revenues	$	8,515,517	$	8,317,671	$	8,867,036	$	9,149,958	$	34,850,182
Reimbursements	490,086		444,511		489,751		490,948		1,915,296
Revenues	9,005,603		8,762,182		9,356,787		9,640,906		36,765,478
Cost of services before reimbursable expenses	5,785,485		5,813,515		5,957,405		6,263,285		23,819,690
Reimbursable expenses	490,086		444,511		489,751		490,948		1,915,296
Cost of services	6,275,571		6,258,026		6,447,156		6,754,233		25,734,986
Operating income	1,331,959		1,138,653		865,435		1,296,562		4,632,609
Net income	1,059,749		887,208		704,801		983,174		3,634,932
Net income attributable to Accenture plc	1,004,476		838,752		669,468		932,453		3,445,149
Weighted average Class A ordinary shares:
—Basic	621,569,764		621,999,948		619,436,804		617,515,125		620,104,250
—Diluted	663,752,830		661,079,375		658,770,425		658,384,196		660,463,227
Earnings per Class A ordinary share:
—Basic	$	1.62	$	1.35	$	1.08	$	1.51	$	5.56
—Diluted	1.58		1.33		1.05		1.48		5.44
Ordinary share price per share:
—High	$	124.96	$	125.72	$	126.53	$	130.92	$	130.92
—Low	108.83		112.31		114.82		119.10		108.83

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Aug. 31, 2018

Accounting Policies [Abstract]

Basis of Presentation

The Consolidated Financial Statements include the accounts of Accenture plc, an Irish company, and our controlled subsidiary companies. Accenture plc is an Irish public limited company, which operates its business through its subsidiaries. Prior to March 13, 2018, Accenture plc’s only business was to hold ordinary and deferred shares in, and to act as the controlling shareholder of, its subsidiary, Accenture Holdings plc, an Irish public limited company. We operated our business through Accenture Holdings plc and subsidiaries of Accenture Holdings plc. Accenture plc controlled Accenture Holdings plc’s management and operations and consolidated Accenture Holdings plc’s results in our Consolidated Financial Statements.

On March 13, 2018, Accenture Holdings plc merged with and into Accenture plc, with Accenture plc as the surviving entity. As a result, all of the assets and liabilities of Accenture Holdings plc were acquired by Accenture plc, and Accenture Holdings plc ceased to exist. In connection with this internal merger, shareholders of Accenture Holdings plc (other than Accenture entities that held shares of Accenture Holdings plc), who primarily consisted of current and former members of Accenture Leadership and their permitted transferees, received one Class A ordinary share of Accenture plc for each share of Accenture Holdings plc that they owned, and Accenture plc redeemed all Class X ordinary shares of Accenture plc owned by such shareholders.

All references to Accenture Holdings plc included in this report with respect to periods prior to August 26, 2015 reflect the activity and/or balances of Accenture SCA (the predecessor of Accenture Holdings plc). The shares ofAccenture Holdings plc (for applicable periods) and Accenture Canada Holdings Inc. held by persons other than us are treated as a noncontrolling interest in the Consolidated Financial Statements. The noncontrolling interest percentages were less than 1% and 4% as of August 31, 2018 and 2017, respectively.

All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. For example, a reference to “fiscal 2018” means the 12-month period that ended on August 31, 2018. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal year.

Use of Estimates

The preparation of the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that we may undertake in the future, actual results may be different from those estimates.

Revenue Recognition

Revenues from contracts for technology integration consulting services where we design/redesign, build and implement new or enhanced systems applications and related processes for our clients are recognized on the percentage-of-completion method, which involves calculating the percentage of services provided during the reporting period compared to the total estimated services to be provided over the duration of the contract. Contracts for technology integration consulting services generally span six months to two years. Estimated revenues used in applying the percentage-of-completion method include estimated incentives for which achievement of defined goals is deemed probable. This method is followed where reasonably dependable estimates of revenues and costs can be made. Estimates of total contract revenues and costs are continuously monitored during the term of the contract, and recorded revenues and estimated costs are subject to revision as the contract progresses. Such revisions may result in increases or decreases to revenues and income and are reflected in the Consolidated Financial Statements in the periods in which they are first identified. If our estimates indicate that a contract loss will occur, a loss provision is recorded in the period in which the loss first becomes probable and reasonably estimable. Contract losses are determined to be the amount by which the estimated total direct and indirect costs of the contract exceed the estimated total revenues that will be generated by the contract and are included in Cost of services and classified in Other accrued liabilities.

Revenues from contracts for non-technology integration consulting services with fees based on time and materials or cost-plus are recognized as the services are performed and amounts are earned. We consider amounts to be earned once evidence of an arrangement has been obtained, services are delivered, fees are fixed or determinable, and collectibility is reasonably assured. In such contracts, our efforts, measured by time incurred, typically are provided in less than a year and represent the contractual milestones or output measure, which is the contractual earnings pattern. For non-technology integration consulting contracts with fixed fees, we recognize revenues as amounts become billable in accordance with contract terms, provided the billable amounts are not contingent, are consistent with the services delivered and are earned. Contingent or incentive revenues relating to non-technology integration consulting contracts are recognized when the contingency is satisfied and we conclude the amounts are earned.

Outsourcing contracts typically span several years and involve complex delivery, often through multiple workforces in different countries. In a number of these arrangements, we hire client employees and become responsible for certain client obligations. Revenues are recognized on outsourcing contracts as amounts become billable in accordance with contract terms, unless the amounts are billed in advance of performance of services, in which case revenues are recognized when the services are performed and amounts are earned. Revenues from time-and-materials or cost-plus contracts are recognized as the services are performed. In such contracts, our effort, measured by time incurred, represents the contractual milestones or output measure, which is the contractual earnings pattern. Revenues from unit-priced contracts are recognized as transactions are processed based on objective measures of output. Revenues from fixed-price contracts are recognized on a straight-line basis, unless revenues are earned and obligations are fulfilled in a different pattern. Outsourcing contracts can also include incentive payments for benefits delivered to clients. Revenues relating to such incentive payments are recorded when the contingency is satisfied and we conclude the amounts are earned.

Costs related to delivering outsourcing services are expensed as incurred with the exception of certain transition costs related to the set-up of processes, personnel and systems, which are deferred during the transition period and expensed evenly over the period outsourcing services are provided. The deferred costs are specific internal costs or incremental external costs directly related to transition or set-up activities necessary to enable the outsourced services. Generally, deferred amounts are protected in the event of early termination of the contract and are monitored regularly for impairment. Impairment losses are recorded when projected remaining undiscounted operating cash flows of the related contract are not sufficient to recover the carrying amount of contract assets. Deferred transition costs were $690,868 and $739,212 as of August 31, 2018 and 2017, respectively, and are included in Deferred contract costs. Deferred transition amortization expense for fiscal 2018, 2017 and 2016 was $333,118, $289,555, and $283,434, respectively. Amounts billable to the client for transition or set-up activities are deferred and recognized as revenue evenly over the period outsourcing services are provided. Deferred transition revenues were $581,395 and $606,095 as of August 31, 2018 and 2017, respectively, and are included in non-current Deferred revenues. Contract acquisition and origination costs are expensed as incurred.

We enter into contracts that may consist of multiple deliverables. These contracts may include any combination of technology integration consulting services, non-technology integration consulting services or outsourcing services described above. Revenues for contracts with multiple deliverables are allocated based on the lesser of the element’s relative selling price or the amount that is not contingent on future delivery of another deliverable. The selling price of each deliverable is determined by obtaining third party evidence of the selling price for the deliverable and is based on the price charged when largely similar services are sold on a standalone basis by us to similarly situated customers. If the amount of non-contingent revenues allocated to a deliverable accounted for under the percentage-of-completion method of accounting is less than the costs to deliver such services, then such costs are deferred and recognized in future periods when the revenues become non-contingent. Revenues are recognized in accordance with our accounting policies for the separate deliverables when the services have value on a stand-alone basis, selling price of the separate deliverables exists and, in arrangements that include a general right of refund relative to the completed deliverable, performance of the in-process deliverable is considered probable and substantially in our control. While determining fair value and identifying separate deliverables require judgment, generally fair value and the separate deliverables are readily identifiable as we also sell those deliverables unaccompanied by other deliverables.

Revenues recognized in excess of billings are recorded as Unbilled services. Billings in excess of revenues recognized are recorded as Deferred revenues until revenue recognition criteria are met. Client prepayments (even if nonrefundable) are deferred and recognized over future periods as services are delivered or performed.

Revenues before reimbursements (“net revenues”) include the margin earned on computer hardware, software and related services resale, as well as revenues from alliance agreements. Reimbursements include billings for travel and other out-of-pocket expenses and third-party costs, such as the cost of hardware, software and related services resale. In addition, Reimbursements include allocations from gross billings to record an amount equivalent to reimbursable costs, where billings do not specifically identify reimbursable expenses. We report revenues net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue-producing transactions.

Employee Share-Based Compensation Arrangements

Share-based compensation expense is recognized over the requisite service period for awards of equity instruments to employees based on the grant date fair value of those awards expected to ultimately vest. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates.

Income Taxes

We calculate and provide for income taxes in each of the tax jurisdictions in which we operate. Deferred tax assets and liabilities, measured using enacted tax rates, are recognized for the future tax consequences of temporary differences between the tax and financial statement bases of assets and liabilities. A valuation allowance reduces the deferred tax assets to the amount that is more likely than not to be realized. We establish liabilities or reduce assets when we believe tax positions are not more likely than not of being sustained if challenged. Recognized tax positions are measured at the largest amount of benefit greater than 50 percent likely of being realized. Each fiscal quarter, we evaluate tax positions and adjust the related tax assets and liabilities in light of changing facts and circumstances.

Translation of Non-U.S. Currency Amounts

Assets and liabilities of non-U.S. subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at fiscal year-end exchange rates. Revenue and expense items are translated at average foreign currency exchange rates prevailing during the fiscal year. Translation adjustments are included in Accumulated other comprehensive income (loss). Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment nature are reported in the same manner as translation adjustments.

Cash and Cash Equivalents

Cash and cash equivalents consist of all cash balances and liquid investments with original maturities of three months or less, including certificates of deposit and time deposits. Cash and cash equivalents also include restricted cash of $45,658 and $45,547 as of August 31, 2018 and 2017, respectively, which primarily relates to cash held to meet certain insurance requirements. As a result of certain subsidiaries’ cash management systems, checks issued but not presented to the banks for payment may create negative book cash balances. Such negative balances are classified as Current portion of long term debt and bank borrowings.

Client Receivables, Unbilled Services and Allowances

We record our client receivables and unbilled services at their face amounts less allowances. On a periodic basis, we evaluate our receivables and unbilled services and establish allowances based on historical experience and other currently available information. As of August 31, 2018 and 2017, total allowances recorded for client receivables and unbilled services were $49,913 and $74,450, respectively. The allowance reflects our best estimate of collectibility risks on outstanding receivables and unbilled services. In limited circumstances, we agree to extend financing to certain clients. The terms vary by contract, but generally payment for services is contractually linked to the achievement of specified performance milestones.

Concentrations of Credit Risk

Our financial instruments, consisting primarily of cash and cash equivalents, foreign currency exchange rate instruments, client receivables and unbilled services, are exposed to concentrations of credit risk. We place our cash and cash equivalents and foreign exchange instruments with highly-rated financial institutions, limit the amount of credit exposure with any one financial institution and conduct ongoing evaluations of the credit worthiness of the financial institutions with which we do business. Client receivables are dispersed across many different industries and countries; therefore, concentrations of credit risk are limited.

Investments

All liquid investments with an original maturity greater than three months but less than one year are considered to be short-term investments. Non-current investments are primarily non-marketable equity securities of privately held companies and are accounted for using either the equity or cost methods of accounting, in accordance with the requirements of Accounting Standards Codification (“ASC”) 323, Investments—Equity Method and Joint Ventures. Interest and amortization of premiums and discounts for debt securities are included in Interest income.

Cost method investments are periodically assessed for other-than-temporary impairment. For investments in privately held companies, if there are no identified events or circumstances that would have a significant adverse effect on the fair value of the investment, the fair value is not estimated. If an investment is deemed to have experienced an other-than-temporary decline below its cost basis, we reduce the carrying amount of the investment to its quoted or estimated fair value, as applicable, and establish a new cost basis for the investment.

Property and Equipment

Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:

Computers, related equipment and software	2 to 7 years
Furniture and fixtures	5 to 10 years
Leasehold improvements	Lesser of lease term or 15 years

Goodwill and Intangible Assets, Goodwill, Policy

Goodwill represents the excess of the purchase price of an acquired entity over the fair value of net assets acquired. We review the recoverability of goodwill by reportable operating segment annually, or more frequently when indicators of impairment exist. Based on the results of our annual impairment analysis, we determined that no impairment existed as of August 31, 2018 or 2017, as each reportable operating segment’s estimated fair value substantially exceeded its carrying value.

Long-Lived Assets

Long-lived assets, including deferred contract costs and identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or group of assets may not be recoverable. Recoverability of long-lived assets or groups of assets is assessed based on a comparison of the carrying amount to the estimated future net cash flows. If estimated future undiscounted net cash flows are less than the carrying amount, the asset is considered impaired and a loss is recorded equal to the amount required to reduce the carrying amount to fair value.

Intangible assets with finite lives are generally amortized using the straight-line method over their estimated economic useful lives, ranging from one to fifteen years.

Recently Adopted Accounting Pronouncements

New Accounting Pronouncements

The following standards, issued by the Financial Accounting Standards Board (“FASB”), will, or are expected to, result in a change in practice and/or have a financial impact to our Consolidated Financial Statements:

Standard	Description	Accenture Adoption Date	Impact on the Financial Statements or Other Significant Matters
2016-16: Income Taxes: Intra-Entity Transfers of Assets Other Than Inventory	The guidance requires an entity to recognize the income tax consequences of intra-entity transfers, other than inventory, when the transfer occurs. Under current guidance in U.S. GAAP, in the case of depreciable or amortizable assets, the income tax consequences are deferred at the time of the intra-entity transfer and recognized as the assets are depreciated or amortized. The guidance requires modified retrospective transition with a cumulative catch-up adjustment to opening retained earnings in the period of adoption.	September 1, 2018	The adoption of this ASU will require that we record deferred tax assets on our Consolidated Balance Sheet at the beginning of fiscal 2019. The deferred tax assets, which we expect to be up to $2.1 billion, represent income tax consequences of prior intra-entity transfers of assets, which are currently recognized over the expected life of the assets.  Beginning in fiscal 2019, we will recognize incremental income tax expense as these deferred tax assets are utilized. This could represent approximately a 3.3 percentage point increase in the annual effective tax rate for fiscal 2019.  However, the actual impact of adoption will depend on numerous factors, including management’s expectations regarding recoverability of the related deferred taxes. Adoption will not have any impact on our cash flows.
2014-09: (Accounting Standard Codification 606), Revenue from Contracts with Customers and related updates	The guidance replaces most existing revenue recognition guidance in U.S. GAAP. The core principle of the ASU is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. The ASU requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. The guidance allows for both retrospective and modified retrospective methods of adoption.	September 1, 2018	We expect revenue recognition across our portfolio of services to remain largely unchanged. However, the guidance will change the timing of revenue recognition in certain areas, including earlier recognition for certain variable fees and consulting services and later recognition for reimbursable expenses on certain contracts, which will be recognized with other revenues rather than when the expenses are incurred. These impacts are not expected to be material. We adopted the ASU on September 1, 2018, using the modified retrospective method. The estimated cumulative effect adjustment to retained earnings is not material to our Consolidated Financial Statements.

2016-02: Leases and related updates	The guidance amends existing guidance to require lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by leases and to disclose additional quantitative and qualitative information about leasing arrangements. The guidance requires either a modified retrospective transition method or a cumulative effect adjustment to opening retained earnings in the period of adoption.	September 1, 2019	While we are continuing to assess the potential impact of this ASU, we currently believe the most significant impact relates to our accounting for office space operating leases. We anticipate this ASU will have a material impact on our Consolidated Balance Sheets but will not have a material impact on our other Consolidated Financial Statements or footnotes. We will apply the cumulative effect method.
2017-07:Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost	The guidance amends certain presentation and disclosure requirements for employers that sponsor defined benefit pension and post-retirement medical plans. The new standard requires the service cost component of the net benefit cost to be in the same line item as other compensation in operating income and the other components of net benefit cost to be presented outside of operating income on a retrospective basis.	September 1, 2018	The adoption of this ASU will require us to reclassify $58 million of operating expenses to non-operating expense for fiscal 2018 to conform with the fiscal 2019 treatment of these expenses.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Aug. 31, 2018

Accounting Policies [Abstract]

Property and Equipment

Computers, related equipment and software	2 to 7 years
Furniture and fixtures	5 to 10 years
Leasehold improvements	Lesser of lease term or 15 years

Schedule of Other Operating Cost and Expense, by Component

	Fiscal
	2018			2017		2016
Research and development costs	$	790,779		$	704,317	$	643,407
Advertising costs	78,464			79,883		80,601
Provision for (release of) doubtful accounts (1)	(1,060		)	10,117		15,312

_______________ 

(1) For additional information, see “Client Receivables, Unbilled Services and Allowances”.

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EARNINGS PER SHARE (Tables)

12 Months Ended

Aug. 31, 2018

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

	Fiscal
	2018		2017		2016
Basic Earnings per share
Net income attributable to Accenture plc	$	4,059,907	$	3,445,149	$	4,111,892
Basic weighted average Class A ordinary shares	628,451,742		620,104,250		624,797,820
Basic earnings per share	$	6.46	$	5.56	$	6.58
Diluted Earnings per share
Net income attributable to Accenture plc	$	4,059,907	$	3,445,149	$	4,111,892
Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. (1)	95,063		149,131		195,560
Net income for diluted earnings per share calculation	$	4,154,970	$	3,594,280	$	4,307,452
Basic weighted average Class A ordinary shares	628,451,742		620,104,250		624,797,820
Class A ordinary shares issuable upon redemption/exchange of noncontrolling interests (1)	14,716,884		28,107,510		29,712,982
Diluted effect of employee compensation related to Class A ordinary shares	11,948,075		12,082,241		13,105,585
Diluted effect of share purchase plans related to Class A ordinary shares	179,449		169,226		153,887
Diluted weighted average Class A ordinary shares	655,296,150		660,463,227		667,770,274
Diluted earnings per share	$	6.34	$	5.44	$	6.45

 _______________

(1) Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis and the redemption of all Accenture Holdings plc ordinary shares owned by holders of noncontrolling interests prior to March 13, 2018, when these were redeemed for Accenture plc Class A ordinary shares. The income effect does not take into account “Net income attributable to noncontrolling interests - other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares.

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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Aug. 31, 2018

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Components of Accumulated Other Comprehensive Loss

	Fiscal
	2018			2017			2016
Foreign currency translation
Beginning balance	$	(770,043	)	$	(919,963	)	$	(853,504	)
Foreign currency translation	(310,548		)	164,073			(67,884		)
Income tax benefit (expense)	3,354			(988		)	2,120
Portion attributable to noncontrolling interests	1,969			(13,165		)	(695		)
Foreign currency translation, net of tax	(305,225		)	149,920			(66,459		)
Ending balance	(1,075,268		)	(770,043		)	(919,963		)
Defined benefit plans
Beginning balance	(440,619		)	(809,504		)	(523,619		)
Actuarial gains (losses)	19,862			49,565			(481,331		)
Pension settlement	3,030			509,793			—
Prior service costs arising during the period	(28,696		)	847			1,561
Reclassifications into net periodic pension and post-retirement expense (1)	34,972			44,913			26,639
Income tax benefit (expense)	(7,799		)	(219,817		)	153,869
Portion attributable to noncontrolling interests	(34		)	(16,416		)	13,377
Defined benefit plans, net of tax	21,335			368,885			(285,885		)
Ending balance	(419,284		)	(440,619		)	(809,504		)
Cash flow hedges
Beginning balance	114,635			68,011			(33,288		)
Unrealized gain (loss)	(169,958		)	195,848			180,196
Reclassification adjustments into Cost of services	(93,105		)	(118,840		)	(23,004		)
Income tax benefit (expense)	64,118			(28,309		)	(51,153		)
Portion attributable to noncontrolling interests	300			(2,075		)	(4,740		)
Cash flow hedges, net of tax	(198,645		)	46,624			101,299
Ending balance (2)	(84,010		)	114,635			68,011
Investments
Beginning balance	1,243			(264		)	(1,561		)
Unrealized gain (loss)	1,455			1,758			2,231
Income tax benefit (expense)	(305		)	(183		)	(873		)
Portion attributable to noncontrolling interests	(2		)	(68		)	(61		)
Investments, net of tax	1,148			1,507			1,297
Ending balance	2,391			1,243			(264		)
Accumulated other comprehensive loss	$	(1,576,171	)	$	(1,094,784	)	$	(1,661,720	)

_______________

(1) As of August 31, 2018, $6,313 of net losses is expected to be reclassified into net periodic pension expense recognized in cost of services, sales and marketing and general and administrative costs in the next twelve months and$27,316of net losses is expected to be reclassified into non-operating expenses in the next 12 months.

(2) As of August 31, 2018, $21,490 of net unrealized losses related to derivatives designated as cash flow hedges is expected to be reclassified into Cost of services in the next twelve months.

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PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Aug. 31, 2018

Property, Plant and Equipment [Abstract]

Components of Property and Equipment, Net

	August 31, 2018			August 31, 2017
Buildings and land	$	60		$	3,162
Computers, related equipment and software	1,625,950			1,611,641
Furniture and fixtures	374,294			393,351
Leasehold improvements	1,125,814			1,044,590
Property and equipment, gross	3,126,118			3,052,744
Total accumulated depreciation	(1,862,098		)	(1,912,146		)
Property and equipment, net	$	1,264,020		$	1,140,598

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GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Aug. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The changes in the carrying amount of goodwill by reportable operating segment were as follows:

	August 31, 2016		Additions/ Adjustments		Foreign Currency Translation		August 31, 2017		Additions/ Adjustments		Foreign Currency Translation			August 31, 2018
Communications, Media & Technology	$	546,566	$	220,406	$	8,830	$	775,802	$	98,223	$	(8,516	)	$	865,509
Financial Services	854,376		280,569		16,079		1,151,024		32,390		(21,348		)	1,162,066
Health & Public Service	715,849		214,316		4,209		934,374		27,816		(3,142		)	959,048
Products	1,112,991		564,519		20,630		1,698,140		270,701		(20,440		)	1,948,401
Resources	379,655		56,447		6,910		443,012		13,163		(8,187		)	447,988
Total	$	3,609,437	$	1,336,257	$	56,658	$	5,002,352	$	442,293	$	(61,633	)	$	5,383,012

Goodwill includes immaterial adjustments related to prior period acquisitions.

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Our definite-lived intangible assets by major asset class were as follows:

	August 31, 2017							August 31, 2018
Intangible Asset Class	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer-related	$	809,683	$	(235,315	)	$	574,368	$	862,418	$	(299,702	)	$	562,716
Technology	108,929		(65,453		)	43,476		94,844		(55,690		)	39,154
Patents	124,669		(62,543		)	62,126		128,179		(66,659		)	61,520
Other	52,342		(21,930		)	30,412		50,490		(26,770		)	23,720
Total	$	1,095,623	$	(385,241	)	$	710,382	$	1,135,931	$	(448,821	)	$	687,110

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

August 31, 2018 is as follows:

Fiscal Year	Estimated Amortization
2019	$	142,050
2020	120,026
2021	107,162
2022	90,993
2023	77,285
Thereafter	149,594
Total	$	687,110

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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Aug. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional and Fair Values of All Derivative Instruments

	August 31, 2018			August 31, 2017
Assets
Cash Flow Hedges
Other current assets	$	29,380		$	133,935
Other non-current assets	1,065			82,770
Other Derivatives
Other current assets	28,700			11,470
Total assets	$	59,145		$	228,175
Liabilities
Cash Flow Hedges
Other accrued liabilities	$	50,870		$	21,632
Other non-current liabilities	64,365			17,244
Other Derivatives
Other accrued liabilities	25,455			12,242
Total liabilities	$	140,690		$	51,118
Total fair value	$	(81,545	)	$	177,057
Total notional value	$	8,783,014		$	9,290,345

OffsettingDerivativeAssetsandLiabilities [Table Text Block]

	August 31, 2018			August 31, 2017
Net derivative assets	$	23,599		$	189,066
Net derivative liabilities	105,144			12,009
Total fair value	$	(81,545	)	$	177,057

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BORROWINGS AND INDEBTEDNESS (Tables)

12 Months Ended

Aug. 31, 2018

Debt Disclosure [Abstract]

Amounts of Borrowing Facilities and Borrowings Under Facilities, Table

August 31, 2018, we had the following borrowing facilities, including the issuance of letters of credit, to support general working capital purposes:

	Facility Amount		Borrowings Under Facilities
Syndicated loan facility (1)	$	1,000,000	$	—
Separate, uncommitted, unsecured multicurrency revolving credit facilities (2)	657,033		—
Local guaranteed and non-guaranteed lines of credit (3)	230,165		—
Total	$	1,887,198	$	—

_______________ 

(1) This facility, which matures on December 22, 2020, provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2018 and 2017, we had no borrowings under the facility.

(2) We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2018 and 2017, we had no borrowings under these facilities.

(3) We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2018 and 2017, we had no borrowings under these various facilities.

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INCOME TAXES (Tables)

12 Months Ended

Aug. 31, 2018

Income Tax Disclosure [Abstract]

Current and Deferred Income Taxes by Period

	Fiscal
	2018			2017			2016
Current taxes
U.S. federal	$	70,050		$	152,002		$	314,121
U.S. state and local	3,574			17,269			38,255
Non-U.S.	1,425,875			1,175,962			835,653
Total current tax expense	1,499,499			1,345,233			1,188,029
Deferred taxes
U.S. federal	219,034			(200,483		)	8,588
U.S. state and local	57,044			(26,069		)	1,056
Non-U.S.	(182,078		)	(137,581		)	56,296
Total deferred tax (benefit) expense	94,000			(364,133		)	65,940
Total	$	1,593,499		$	981,100		$	1,253,969

Components of Income Before Income Taxes

	Fiscal
	2018		2017		2016
U.S. sources (1)	$	645,943	$	251,456	$	1,047,909
Non-U.S. sources	5,162,150		4,364,576		4,555,663
Total	$	5,808,093	$	4,616,032	$	5,603,572

_______________

(1) Includes U.S. pension settlement charge of $509,793 for fiscal 2017.

Reconciliation of the U.S. federal statutory income tax rate to effective tax rate [Table Text Block]

The reconciliation of the U.S. federal statutory income tax rate to our effective income tax rate was as follows:

	Fiscal
	2018		2017		2016
U.S. federal statutory income tax rate	25.7	%	35.0	%	35.0	%
U.S. state and local taxes, net	1.1		1.3		1.1
Non-U.S. operations taxed at lower rates	(6.1	)	(16.3	)	(12.6	)
Final determinations (1)	(1.9	)	(3.6	)	(2.1	)
Other net activity in unrecognized tax benefits	5.8		8.4		2.7
Divestitures	—		—		(3.4	)
Excess tax benefits from share based payments	(2.3	)	(2.7	)	—
Changes in tax laws and rates	4.4		(1.5	)	—
Other, net	0.7		0.7		1.7
Effective income tax rate	27.4	%	21.3	%	22.4	%

_______________ 

(1) Final determinations include final agreements with tax authorities and expirations of statutes of limitations.

Components of Deferred Tax Assets And Liabilities

The components of our deferred tax assets and liabilities included the following:

	August 31, 2018			August 31, 2017
Deferred tax assets
Pensions	$	254,268		$	294,850
Revenue recognition	110,424			163,393
Compensation and benefits	517,850			734,373
Share-based compensation	259,276			293,546
Tax credit carryforwards	400,253			1,419,506
Net operating loss carryforwards	119,130			204,803
Depreciation and amortization	97,459			97,076
Deferred amortization deductions	728,564			705,495
Indirect effects of unrecognized tax benefits	355,152			343,832
Other	150,740			122,590
	2,993,116			4,379,464
Valuation allowance	(451,775		)	(1,564,554		)
Total deferred tax assets	2,541,341			2,814,910
Deferred tax liabilities
Revenue recognition	(66,128		)	(80,683		)
Depreciation and amortization	(214,396		)	(228,166		)
Investments in subsidiaries	(138,417		)	(202,359		)
Other	(161,322		)	(225,899		)
Total deferred tax liabilities	(580,263		)	(737,107		)
Net deferred tax assets	$	1,961,078		$	2,077,803

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows:

	Fiscal
	2018			2017
Balance, beginning of year	$	945,850		$	985,755
Additions for tax positions related to the current year	349,343			204,321
Additions for tax positions related to prior years	317,215			254,274
Reductions for tax positions related to prior years	(284,711		)	(250,135		)
Statute of limitations expirations	(37,050		)	(41,544		)
Settlements with tax authorities	(68,605		)	(221,999		)
Foreign currency translation	(11,522		)	15,178
Balance, end of year	$	1,210,520		$	945,850

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RETIREMENT AND PROFIT SHARING PLANS (Tables)

12 Months Ended

Aug. 31, 2018

Retirement Benefits [Abstract]

Schedule of Weighted-Average Assumptions Used to Determine the Fiscal Year-End Pension Benefit

	Pension Plans												Postretirement Plans
	August 31, 2018				August 31, 2017				August 31, 2016				August 31, 2018		August 31, 2017		August 31, 2016
	U.S. Plans		Non-U.S. Plans		U.S.  Plans		Non-U.S. Plans		U.S.  Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Discount rate for determining projected benefit obligation	4.00	%	3.29	%	3.75	%	2.83	%	3.50	%	2.40	%	3.98	%	3.73	%	3.51	%
Discount rate for determining net periodic pension expense	3.75	%	2.83	%	3.50	%	2.40	%	4.50	%	3.47	%	3.73	%	3.51	%	4.46	%
Long term rate of return on plan assets	4.25	%	3.56	%	4.25	%	3.52	%	4.75	%	3.99	%	3.64	%	4.13	%	4.54	%
Rate of increase in future compensation for determining projected benefit obligation	2.23	%	3.67	%	2.25	%	3.63	%	2.57	%	3.47	%	N/A		N/A		N/A
Rate of increase in future compensation for determining net periodic pension expense	2.25	%	3.63	%	2.57	%	3.47	%	3.60	%	3.56	%	N/A		N/A		N/A

Schedule of Changes in Benefit Obligation, Plan Assets and Funded Status

2018 and 2017 were as follows:

	Pension Plans												Postretirement Plans
	August 31, 2018						August 31, 2017						August 31, 2018			August 31, 2017
	U.S. Plans			Non-U.S. Plans			U.S. Plans			Non-U.S. Plans			U.S. and Non-U.S. Plans			U.S. and Non-U.S. Plans
Reconciliation of benefit obligation
Benefit obligation, beginning of year	$	342,863		$	1,816,462		$	2,030,006		$	1,758,110		$	529,680		$	500,964
Service cost	4,233			81,840			7,380			82,727			20,929			19,898
Interest cost	10,626			46,993			48,354			36,906			17,537			15,270
Participant contributions	—			12,189			—			11,832			—			—
Acquisitions/divestitures/transfers	—			(121		)	—			15,664			—			—
Amendments	—			28,696			—			(847		)	—			—
Curtailment	—			(4,946		)	—			—			(2,782		)	—
Pension settlement	4,289			(70,124		)	(1,612,824		)	—			—			—
Actuarial (gain) loss	(16,149		)	(25,942		)	(80,507		)	(76,066		)	(18,001		)	5,084
Benefits paid	(13,946		)	(69,841		)	(49,546		)	(47,233		)	(10,499		)	(13,047		)
Exchange rate impact	—			(42,494		)	—			35,369			(1,232		)	1,511
Benefit obligation, end of year	$	331,916		$	1,772,712		$	342,863		$	1,816,462		$	535,632		$	529,680
Reconciliation of fair value of plan assets
Fair value of plan assets, beginning of year	$	204,629		$	1,154,128		$	1,801,435		$	1,081,154		$	26,541		$	27,130
Actual return on plan assets	(5,278		)	6,792			(63,919		)	42,417			(505		)	(38		)
Acquisitions/divestitures/transfers	—			—			—			818			—			—
Employer contributions	20,882			109,292			129,483			67,300			13,176			12,496
Participant contributions	—			12,189			—			11,832			—			—
Pension settlement	4,289			(71,562		)	(1,612,824		)	—			—			—
Benefits paid	(13,946		)	(69,841		)	(49,546		)	(47,233		)	(10,499		)	(13,047		)
Exchange rate impact	—			(13,622		)	—			(2,160		)	—			—
Fair value of plan assets, end of year	$	210,576		$	1,127,376		$	204,629		$	1,154,128		$	28,713		$	26,541
Funded status, end of year	$	(121,340	)	$	(645,336	)	$	(138,234	)	$	(662,334	)	$	(506,919	)	$	(503,139	)
Amounts recognized in the Consolidated Balance Sheets
Non-current assets	$	6,757		$	106,621		$	2,127		$	64,461		$	—		$	—
Current liabilities	(10,854		)	(27,306		)	(11,047		)	(21,015		)	(1,856		)	(1,659		)
Non-current liabilities	(117,243		)	(724,651		)	(129,314		)	(705,780		)	(505,063		)	(501,480		)
Funded status, end of year	$	(121,340	)	$	(645,336	)	$	(138,234	)	$	(662,334	)	$	(506,919	)	$	(503,139	)

Schedule of Defined Benefit Plan in Accumulated Other Comprehensive Income (Loss)

August 31, 2018 and 2017 was as follows:

	Pension Plans									Postretirement Plans
	August 31, 2018				August 31, 2017					August 31, 2018		August 31, 2017
	U.S. Plans		Non-U.S.  Plans		U.S. Plans		Non-U.S.  Plans			U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Net loss	$	105,580	$	357,250	$	112,015	$	386,428		$	114,827	$	142,197
Prior service (credit) cost	—		22,293		—		(5,222		)	23,671		27,656
Accumulated other comprehensive loss, pre-tax	$	105,580	$	379,543	$	112,015	$	381,206		$	138,498	$	169,853

Schedule of Accumulated Benefit Obligation

August 31, 2018 and 2017 was as follows:

	August 31, 2018				August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Accumulated benefit obligation	$	325,152	$	1,614,649	$	333,588	$	1,651,869

Schedule of Projected Benefit Obligation in Excess of Plan Assets

August 31, 2018 and 2017:

	Pension Plans								Postretirement Plans
	August 31, 2018				August 31, 2017				August 31, 2018		August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans		U.S. and Non-U.S. Plans
Projected benefit obligation in excess of plan assets
Projected benefit obligation	$	128,097	$	1,009,762	$	342,863	$	1,037,634	$	535,632	$	529,680
Fair value of plan assets	—		257,805		202,502		310,839		28,713		26,541

Schedule of Accumulated Benefit Obligation in Excess of Plan Assets

	August 31, 2018				August 31, 2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Accumulated benefit obligation in excess of plan assets
Accumulated benefit obligation	$	128,097	$	848,217	$	138,476	$	810,330
Fair value of plan assets	—		220,220		—		208,559

Schedule of Weighted-Average Plan Assets Allocation

2019 and weighted-average plan assets allocations as of August 31, 2018 and 2017 by asset category for defined benefit pension plans were as follows:

	2019 Target Allocation				2018				2017
	U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans		U.S. Plans		Non-U.S. Plans
Asset Category
Equity securities	—	%	26	%	—	%	20	%	—	%	30	%
Debt securities	100		52		94		57		94		58
Cash and short-term investments	—		2		6		2		6		2
Insurance contracts	—		17		—		17		—		6
Other	—		3		—		4		—		4
Total	100	%	100	%	100	%	100	%	100	%	100	%

Schedule of Fair Value of Plan Assets

August 31, 2018 were as follows:

Non-U.S. Plans
	Level 1		Level 2		Level 3		Total
Equity
Mutual fund equity securities	$	—	$	222,061	$	—	$	222,061
Fixed Income
Non-U.S. government debt securities	117,389		—		—		117,389
Mutual fund debt securities	4		535,092		—		535,096
Cash and short-term investments	17,687		5,502		—		23,189
Insurance contracts	—		72,820		114,960		187,780
Other	—		41,861		—		41,861
Total	$	135,080	$	877,336	$	114,960	$	1,127,376

Estimated Future Benefit Payments

	Pension Plans				Postretirement Plans
	U.S. Plans		Non-U.S. Plans		U.S. and Non-U.S. Plans
2019	$	14,168	$	61,593	$	14,052
2020	15,013		72,592		15,879
2021	15,795		82,049		17,811
2022	16,621		88,100		19,823
2023	17,317		103,213		22,458
2024-2028	96,921		522,427		150,083

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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Aug. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Share-Based Compensation

	Fiscal
	2018		2017		2016
Total share-based compensation expense included in Net income	$	976,908	$	795,235	$	758,176
Income tax benefit related to share-based compensation included in Net income (1)	404,124		349,114		236,423

Restricted Share Units

2018 was as follows:

	Number of Restricted Share Units		Weighted Average Grant-Date Fair Value
Nonvested balance as of August 31, 2017	21,029,042		$	101.88
Granted (1)	8,166,416		153.33
Vested (2)	(8,692,766	)	96.86
Forfeited	(1,424,085	)	109.83
Nonvested balance as of August 31, 2018	19,078,607		$	125.59

 _______________

(1) The weighted average grant-date fair value for restricted share units granted for fiscal 2018, 2017 and 2016was $153.33, $117.72 and $105.16, respectively.

(2) The total grant-date fair value of restricted share units vested for fiscal 2018, 2017 and 2016 was $842,002,$726,324 and $796,620, respectively.

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MATERIAL TRANSACTIONS AFFECTING SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Aug. 31, 2018

Equity [Abstract]

Share Purchase and Redemption Activity

2018 was as follows:

	Accenture plc Class A Ordinary Shares			Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (3)
	Shares	Amount		Shares	Amount
Open-market share purchases (1)	13,618,163	$	2,083,762	—	$	—
Other share purchase programs	—	—		571,134	85,010
Other purchases (2)	3,088,027	470,322		—	—
Total	16,706,190	$	2,554,084	571,134	$	85,010

 _______________

(1) We conduct a publicly announced open-market share purchase program for Accenture plc Class A ordinary shares. These shares are held as treasury shares by Accenture plc and may be utilized to provide for select employee benefits, such as equity awards to our employees.

(2) During fiscal 2018, as authorized under our various employee equity share plans, we acquired Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under those plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and the other share purchase programs.

Dividend Activity

2018 was as follows:

	Dividend Per Share		Accenture plc Class A Ordinary Shares			Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (1)			Total  Cash Outlay
Dividend Payment Date			Record Date	Cash Outlay		Record Date	Cash Outlay
November 15, 2017	$	1.33	October 19, 2017	$	817,241	October 17, 2017	$	36,373	$	853,614
May 15, 2018	1.33		April 12, 2018	853,831		April 10, 2018	1,279		855,110
Total Dividends				$	1,671,072		$	37,652	$	1,708,724

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LEASE COMMITMENTS (Tables)

12 Months Ended

Aug. 31, 2018

Leases [Abstract]

Rental Expense, Including Operating Costs and Taxes and Sublease Income from Third Parties

2018, 2017 and 2016 was as follows:

	Fiscal
	2018			2017			2016
Rental expense	$	653,531		$	617,014		$	578,149
Sublease income from third parties	(28,219		)	(28,992		)	(26,403		)

Future Minimum Rental Commitments under Non-cancelable Operating Leases

August 31, 2018 were as follows:

	Operating Lease Payments		Operating Sublease Income
2019	$	598,483	$	(28,083	)
2020	543,125		(24,115		)
2021	474,478		(17,221		)
2022	411,002		(7,932		)
2023	338,630		(7,661		)
Thereafter	1,285,763		(40,286		)
	$	3,651,481	$	(125,298	)

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SEGMENT REPORTING (Tables)

12 Months Ended

Aug. 31, 2018

Segment Reporting [Abstract]

Reportable Operating Segments

Fiscal
2018	Communications, Media & Technology		Financial Services		Health & Public Service		Products		Resources		Other (3)			Total
Net revenues	$	8,030,775	$	8,237,982	$	6,688,467	$	10,854,339	$	5,657,178	$	104,709		$	39,573,450
Depreciation and amortization (1)	176,232		161,451		171,084		271,853		146,156		—			926,776
Operating income	1,368,142		1,352,870		755,559		1,649,785		714,685		—			5,841,041
Net assets as of August 31 (2)	984,345		23,666		989,150		1,571,620		1,046,216		153,725			4,768,722
2017
Net revenues	$	6,884,738	$	7,393,945	$	6,177,846	$	9,500,451	$	4,847,073	$	46,129		$	34,850,182
Depreciation and amortization (1)	148,690		147,343		143,659		228,400		133,697		—			801,789
Operating income	1,048,786		1,207,391		772,785		1,558,680		554,760		(509,793		)	4,632,609
Net assets as of August 31 (2)	916,325		155,386		911,605		1,299,898		953,820		112,264			4,349,298
2016
Net revenues	$	6,615,717	$	7,031,053	$	5,986,878	$	8,395,038	$	4,838,963	$	15,074		$	32,882,723
Depreciation and amortization (1)	141,356		139,518		134,788		206,806		106,584		—			729,052
Operating income	965,574		1,127,750		807,012		1,282,461		627,648		—			4,810,445
Net assets as of August 31 (2)	923,764		123,827		892,569		1,281,551		820,273		(137,761		)	3,904,223

_______________

(1) Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each operating segment, as well as an allocation for amounts they do not directly control.

(2) We do not allocate total assets by operating segment. Operating segment assets directly attributed to an operating segment and provided to the chief operating decision makers include receivables from clients, current and non-current unbilled services, deferred contract costs and current and non-current deferred revenues.

(3) Other operating income for fiscal 2017 represents the pension settlement charge.

The accounting policies of the operating segments are the same as those described in Note 1 (Summary of Significant Accounting Policies) to these Consolidated Financial Statements.

Revenues Attributed to Geographic Areas

Fiscal	North America		Europe		Growth Markets		Total
2018
Net revenues	$	17,849,010	$	14,111,622	$	7,612,818	$	39,573,450
Reimbursements	927,266		738,062		364,650		2,029,978
Revenues	18,776,276		14,849,684		7,977,468		41,603,428
Property and equipment, net as of August 31	375,237		319,487		569,296		1,264,020
2017
Net revenues	$	16,290,842	$	12,002,025	$	6,557,315	$	34,850,182
Reimbursements	963,911		625,073		326,312		1,915,296
Revenues	17,254,753		12,627,098		6,883,627		36,765,478
Property and equipment, net as of August 31	274,463		294,154		571,981		1,140,598
2016
Net revenues	$	15,653,290	$	11,512,434	$	5,716,999	$	32,882,723
Reimbursements	970,248		637,212		307,478		1,914,938
Revenues	16,623,538		12,149,646		6,024,477		34,797,661
Property and equipment, net as of August 31	244,351		220,500		491,691		956,542

Concentration of Assets by Country

	August 31, 2018		August 31, 2017		August 31, 2016
United States	27	%	23	%	25	%
India	19		25		25
Ireland	7		5		4

Net Revenues by Type of Work

	Fiscal
	2018		2017		2016
Consulting	$	21,573,983	$	18,753,796	$	17,867,891
Outsourcing	17,999,467		16,096,386		15,014,832
Net revenues	39,573,450		34,850,182		32,882,723
Reimbursements	2,029,978		1,915,296		1,914,938
Revenues	$	41,603,428	$	36,765,478	$	34,797,661

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QUARTERLY DATA (Tables)

12 Months Ended

Aug. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

Fiscal 2018	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Annual
Net revenues	$	9,523,222	$	9,585,442	$	10,314,999	$	10,149,787	$	39,573,450
Reimbursements	531,271		482,390		523,855		492,462		2,029,978
Revenues	10,054,493		10,067,832		10,838,854		10,642,249		41,603,428
Cost of services before reimbursable expenses	6,470,962		6,737,048		6,995,871		6,926,656		27,130,537
Reimbursable expenses	531,271		482,390		523,855		492,462		2,029,978
Cost of services	7,002,233		7,219,438		7,519,726		7,419,118		29,160,515
Operating income	1,485,880		1,282,764		1,619,726		1,452,671		5,841,041
Net income	1,188,542		919,540		1,058,141		1,048,371		4,214,594
Net income attributable to Accenture plc	1,123,660		863,703		1,043,020		1,029,524		4,059,907
Weighted average Class A ordinary shares:
—Basic	615,835,525		617,854,667		639,217,344		640,575,241		628,451,742
—Diluted	656,672,417		656,118,796		654,600,026		653,960,751		655,296,150
Earnings per Class A ordinary share:
—Basic	$	1.82	$	1.40	$	1.63	$	1.61	$	6.46
—Diluted	1.79		1.37		1.60		1.58		6.34
Ordinary share price per share:
—High	$	148.60	$	165.58	$	164.30	$	169.92	$	169.92
—Low	129.10		145.75		146.05		155.30		129.10

Fiscal 2017	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Annual
Net revenues	$	8,515,517	$	8,317,671	$	8,867,036	$	9,149,958	$	34,850,182
Reimbursements	490,086		444,511		489,751		490,948		1,915,296
Revenues	9,005,603		8,762,182		9,356,787		9,640,906		36,765,478
Cost of services before reimbursable expenses	5,785,485		5,813,515		5,957,405		6,263,285		23,819,690
Reimbursable expenses	490,086		444,511		489,751		490,948		1,915,296
Cost of services	6,275,571		6,258,026		6,447,156		6,754,233		25,734,986
Operating income	1,331,959		1,138,653		865,435		1,296,562		4,632,609
Net income	1,059,749		887,208		704,801		983,174		3,634,932
Net income attributable to Accenture plc	1,004,476		838,752		669,468		932,453		3,445,149
Weighted average Class A ordinary shares:
—Basic	621,569,764		621,999,948		619,436,804		617,515,125		620,104,250
—Diluted	663,752,830		661,079,375		658,770,425		658,384,196		660,463,227
Earnings per Class A ordinary share:
—Basic	$	1.62	$	1.35	$	1.08	$	1.51	$	5.56
—Diluted	1.58		1.33		1.05		1.48		5.44
Ordinary share price per share:
—High	$	124.96	$	125.72	$	126.53	$	130.92	$	130.92
—Low	108.83		112.31		114.82		119.10		108.83

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Basis of Presentation [Line Items]
Deferred contract costs	$ 690,868	$ 739,212
Deferred Transition Amortization Expense	333,118	289,555	$ 283,434
Deferred transition revenues	581,395	606,095
Restricted Cash and Cash Equivalents	45,658	45,547
Allowance for doubtful accounts receivable and unbilled services	$ 49,913	$ 74,450
Minimum
Basis of Presentation [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year
Maximum
Basis of Presentation [Line Items]
Finite-Lived Intangible Asset, Useful Life	15 years
Technology Integration Consulting Services | Minimum
Basis of Presentation [Line Items]
Contracts period	6 months
Technology Integration Consulting Services | Maximum
Basis of Presentation [Line Items]
Contracts period	2 years
Non-Technology Integration Consulting Services | Maximum
Basis of Presentation [Line Items]
Contracts period	1 year
Subsidiaries [Member]
Basis of Presentation [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	1.00%	4.00%

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SUMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives of Property and Equipment (Details)	12 Months Ended
	Aug. 31, 2018
Computers, related equipment and software | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	2
Computers, related equipment and software | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	7
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	5
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	10
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	Lesser of lease term or 15 years

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Selected Components of Operating Expenses (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Accounting Policies [Abstract]
Research and development costs		$ 790,779	$ 704,317	$ 643,407
Advertising costs		78,464	79,883	80,601
Provision for (release of) doubtful accounts (1)	[1]	$ (1,060)	$ 10,117	$ 15,312

[1] For additional information, see “Client Receivables, Unbilled Services and Allowances”.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - New Accounting Pronouncement (Details)	12 Months Ended
	Aug. 31, 2019 USD ($)
Accounting Standards Update 2016-16 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification, Percent	3.30%
Accounting Standards Update 2017-07 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification, Amount	$ 58,000,000
Deferred Tax Asset [Domain] | Accounting Standards Update 2016-16 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ 2,100,000,000

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EARNINGS PER SHARE - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended								12 Months Ended
		Aug. 31, 2018	May 31, 2018	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Basic Earnings per share
Net income attributable to Accenture plc		$ 1,029,524	$ 1,043,020	$ 863,703	$ 1,123,660	$ 932,453	$ 669,468	$ 838,752	$ 1,004,476	$ 4,059,907	$ 3,445,149	$ 4,111,892
Basic weighted average Class A ordinary shares (in shares)		640,575,241	639,217,344	617,854,667	615,835,525	617,515,125	619,436,804	621,999,948	621,569,764	628,451,742	620,104,250	624,797,820
Basic earnings per share (in dollars per share)		$ 1.61	$ 1.63	$ 1.40	$ 1.82	$ 1.51	$ 1.08	$ 1.35	$ 1.62	$ 6.46	$ 5.56	$ 6.58
Diluted Earnings per share
Net income attributable to Accenture plc		$ 1,029,524	$ 1,043,020	$ 863,703	$ 1,123,660	$ 932,453	$ 669,468	$ 838,752	$ 1,004,476	$ 4,059,907	$ 3,445,149	$ 4,111,892
Net income attributable to noncontrolling interests in Accenture Holdings plc and Accenture Canada Holdings Inc. (1)	[1]									95,063	149,131	195,560
Net income for diluted earnings per share calculation										$ 4,154,970	$ 3,594,280	$ 4,307,452
Basic weighted average Class A ordinary shares (in shares)		640,575,241	639,217,344	617,854,667	615,835,525	617,515,125	619,436,804	621,999,948	621,569,764	628,451,742	620,104,250	624,797,820
Class A ordinary shares issuable upon redemption/exchange of noncontrolling interests (1)	[1]									14,716,884	28,107,510	29,712,982
Diluted effect of employee compensation related to Class A ordinary shares										11,948,075	12,082,241	13,105,585
Diluted effect of share purchase plans related to Class A ordinary shares										179,449	169,226	153,887
Diluted weighted average Class A ordinary shares (in shares)		653,960,751	654,600,026	656,118,796	656,672,417	658,384,196	658,770,425	661,079,375	663,752,830	655,296,150	660,463,227	667,770,274
Diluted earnings per share (in dollars per share)		$ 1.58	$ 1.60	$ 1.37	$ 1.79	$ 1.48	$ 1.05	$ 1.33	$ 1.58	$ 6.34	$ 5.44	$ 6.45

[1] Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis and the redemption of all Accenture Holdings plc ordinary shares owned by holders of noncontrolling interests prior to March 13, 2018, when these were redeemed for Accenture plc Class A ordinary shares. The income effect does not take into account “Net income attributable to noncontrolling interests - other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares.

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ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018		Aug. 31, 2017		Aug. 31, 2016
Foreign currency translation
Beginning balance		$ (770,043)		$ (919,963)		$ (853,504)
Foreign currency translation		(310,548)		164,073		(67,884)
Income tax benefit (expense)		3,354		(988)		2,120
Portion attributable to noncontrolling interests		1,969		(13,165)		(695)
Foreign currency translation, net of tax		(305,225)		149,920		(66,459)
Ending balance		(1,075,268)		(770,043)		(919,963)
Defined benefit plans
Beginning balance		(440,619)	[1]	(809,504)	[1]	(523,619)
Actuarial losses		19,862		49,565		(481,331)
Pension settlement		3,030		509,793		0
Prior service costs arising during the period		(28,696)		847		1,561
Reclassifications into net periodic pension and post-retirement expense (1)		34,972		44,913		26,639
Income tax benefit (expense)		(7,799)		(219,817)		153,869
Portion attributable to noncontrolling interests		(34)		(16,416)		13,377
Defined benefit plans, net of tax		21,335		368,885		(285,885)
Ending balance	[1]	(419,284)		(440,619)		(809,504)
Cash flow hedges
Beginning balance		114,635	[2]	68,011	[2]	(33,288)
Unrealized gain (loss)		(169,958)		195,848		180,196
Reclassification adjustments into Cost of services		(93,105)		(118,840)		(23,004)
Income tax benefit (expense)		64,118		(28,309)		(51,153)
Portion attributable to noncontrolling interests		300		(2,075)		(4,740)
Cash flow hedges, net of tax		(198,645)		46,624		101,299
Ending balance (2)	[2]	(84,010)		114,635		68,011
Investments
Beginning balance		1,243		(264)		(1,561)
Unrealized gain (loss)		1,455		1,758		2,231
Income tax benefit (expense)		(305)		(183)		(873)
Portion attributable to noncontrolling interests		(2)		(68)		(61)
Investments, net of tax		1,148		1,507		1,297
Ending balance		2,391		1,243		(264)
Accumulated other comprehensive loss		(1,576,171)		$ (1,094,784)		$ (1,661,720)
Defined Benefit Plan, Expected Amortization, Next Fiscal Year		(6,313)
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months		21,490
Accounting Standards Update 2017-07 [Member]
Investments
Defined Benefit Plan, Expected Amortization, Next Fiscal Year		$ (27,316)

[1] As of August 31, 2018, $6,313 of net losses is expected to be reclassified into net periodic pension expense recognized in cost of services, sales and marketing and general and administrative costs in the next twelve months and $27,316 of net losses is expected to be reclassified into non-operating expenses in the next 12 months.

[2] As of August 31, 2018, $21,490 of net unrealized losses related to derivatives designated as cash flow hedges is expected to be reclassified into Cost of services in the next twelve months.

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PROPERTY AND EQUIPMENT - Components of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 3,126,118	$ 3,052,744
Total accumulated depreciation	(1,862,098)	(1,912,146)
Property and equipment, net	1,264,020	1,140,598	$ 956,542
Depreciation	423,471	362,817	$ 327,736
Buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	60	3,162
Computers, related equipment and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,625,950	1,611,641
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	374,294	393,351
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,125,814	$ 1,044,590

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BUSINESS COMBINATIONS AND DIVESTITURE - Additional Information (Detail) $ in Thousands	12 Months Ended
	Aug. 31, 2018 USD ($)	Aug. 31, 2017 USD ($)	Aug. 31, 2016 USD ($) employee
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 657,546	$ 1,704,188	$ 932,542
Goodwill	5,383,012	5,002,352	3,609,437
Gain on sale of businesses	$ 0	(252)	848,823
Minimum
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year
Maximum
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life	15 years
Cloud Sherpas [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired			409,424
Goodwill			385,337
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles			$ 66,522
Entity Number of Employees | employee			1,100
Cloud Sherpas [Member] | Minimum
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life			1 year
Cloud Sherpas [Member] | Maximum
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life			7 years
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 596,148	1,643,205	$ 458,892
Goodwill	431,087	1,350,969	382,326
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 140,403	$ 328,776	$ 109,981
Series of Individually Immaterial Business Acquisitions [Member] | Minimum
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year	1 year	1 year
Series of Individually Immaterial Business Acquisitions [Member] | Maximum
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life	12 years	12 years	10 years
Navitaire [Member]
Business Acquisition [Line Items]
Entity Number of Employees | employee			600
acn_ProceedsfromDivestitureofBusinessesNetofCashDivestedandTransactionCosts			$ 825,644
acn_DivestitureProceedAllocatedtoServiceArrangement			214,500
Gain on sale of businesses			547,584
acn_GainOnDispositionOfBusinessTax			$ 55,759
Duck Creek [Member]
Business Acquisition [Line Items]
Entity Number of Employees | employee			1,000
Equity Method Investment, Ownership Percentage			40.00%
acn_ProceedsfromDivestitureofBusinessesNetofCashDivestedandTransactionCosts			$ 196,198
Gain on sale of businesses			301,239
acn_GainOnDispositionOfBusinessTax			$ 48,286

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GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS - Goodwill Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Goodwill [Line Items]
Goodwill	$ 5,383,012	$ 5,002,352	$ 3,609,437
Goodwill Acquired During Period And Adjustments	442,293	1,336,257
Goodwill, Translation Adjustments	(61,633)	56,658
Goodwill	5,383,012	5,002,352	3,609,437
Communications, Media & Technology
Goodwill [Line Items]
Goodwill	865,509	775,802	546,566
Goodwill Acquired During Period And Adjustments	98,223	220,406
Goodwill, Translation Adjustments	(8,516)	8,830
Goodwill	865,509	775,802	546,566
Financial Services
Goodwill [Line Items]
Goodwill	1,162,066	1,151,024	854,376
Goodwill Acquired During Period And Adjustments	32,390	280,569
Goodwill, Translation Adjustments	(21,348)	16,079
Goodwill	1,162,066	1,151,024	854,376
Health & Public Service
Goodwill [Line Items]
Goodwill	959,048	934,374	715,849
Goodwill Acquired During Period And Adjustments	27,816	214,316
Goodwill, Translation Adjustments	(3,142)	4,209
Goodwill	959,048	934,374	715,849
Products
Goodwill [Line Items]
Goodwill	1,948,401	1,698,140	1,112,991
Goodwill Acquired During Period And Adjustments	270,701	564,519
Goodwill, Translation Adjustments	(20,440)	20,630
Goodwill	1,948,401	1,698,140	1,112,991
Resources
Goodwill [Line Items]
Goodwill	447,988	443,012	379,655
Goodwill Acquired During Period And Adjustments	13,163	56,447
Goodwill, Translation Adjustments	(8,187)	6,910
Goodwill	$ 447,988	$ 443,012	$ 379,655

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GOODWILL AND INTANGIBLE ASSETS - Intangible Table by Major Class (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,135,931	$ 1,095,623
Accumulated Amortization	(448,821)	(385,241)
Net Carrying Amount	687,110	710,382
Customer-related
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	862,418	809,683
Accumulated Amortization	(299,702)	(235,315)
Net Carrying Amount	562,716	574,368
Technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	94,844	108,929
Accumulated Amortization	(55,690)	(65,453)
Net Carrying Amount	39,154	43,476
Patents
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	128,179	124,669
Accumulated Amortization	(66,659)	(62,543)
Net Carrying Amount	61,520	62,126
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	50,490	52,342
Accumulated Amortization	(26,770)	(21,930)
Net Carrying Amount	$ 23,720	$ 30,412

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GOODWILL AND INTANGIBLE ASSETS - Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 170,187	$ 149,417	$ 117,882
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	142,050
Finite-Lived Intangible Assets, Amortization Expense, Year Two	120,026
Finite-Lived Intangible Assets, Amortization Expense, Year Three	107,162
Finite-Lived Intangible Assets, Amortization Expense, Year Four	90,993
Finite-Lived Intangible Assets, Amortization Expense, Year Five	77,285
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	149,594
Net Carrying Amount	$ 687,110	$ 710,382

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DERIVATIVE FINANCIAL INSTRUMENTS - Notional and Fair Values of All Derivative Instruments (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
Assets
Fair value of derivative assets	$ 59,145	$ 228,175
Liabilities
Fair value of derivative liabilities	140,690	51,118
Total fair value	(81,545)	177,057
Total notional value	8,783,014	9,290,345
Cash Flow Hedging | Other current assets
Assets
Fair value of derivative assets	29,380	133,935
Cash Flow Hedging | Other non-current assets
Assets
Fair value of derivative assets	1,065	82,770
Cash Flow Hedging | Other accrued liabilities
Liabilities
Fair value of derivative liabilities	50,870	21,632
Cash Flow Hedging | Other non-current liabilities
Liabilities
Fair value of derivative liabilities	64,365	17,244
Other Derivatives | Other current assets
Assets
Fair value of derivative assets	28,700	11,470
Other Derivatives | Other accrued liabilities
Liabilities
Fair value of derivative liabilities	$ 25,455	$ 12,242

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DERIVATIVE FINANCIAL INSTRUMENTS - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Derivative [Line Items]
Fair value of derivative assets	$ 59,145	$ 228,175
Fair value of derivative instruments with credit-risk-related contingent features in a liability position	140,690
Reclassification adjustments into Cost of services	93,105	118,840	$ 23,004
(Loss) gain recognized in income on derivatives	(114,076)	66,748	$ (84,293)
Offsetting Derivative Asset and Liabilities [Abstract]
Net derivative assets	23,599	189,066
Net derivative liabilities	105,144	12,009
Total fair value	$ (81,545)	$ 177,057

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BORROWINGS AND INDEBTEDNESS - Borrowing Facilities including Letters of Credit (Details) $ in Thousands	Aug. 31, 2018 USD ($)
Debt Instrument [Line Items]
Facility Amount	$ 1,887,198
Borrowing Under Facilities	0
Syndicated Loan Facility Due December 22, 2020 [Member]
Debt Instrument [Line Items]
Facility Amount	1,000,000	[1]
Borrowing Under Facilities	0	[1]
Separate, uncommitted, unsecured multicurrency revolving credit facilities
Debt Instrument [Line Items]
Facility Amount	657,033	[2]
Borrowing Under Facilities	0	[2]
Local guaranteed and non-guaranteed lines of credit
Debt Instrument [Line Items]
Facility Amount	230,165	[3]
Borrowing Under Facilities	$ 0	[3]

[1] This facility, which matures on December 22, 2020, provides unsecured, revolving borrowing capacity for general working capital purposes, including the issuance of letters of credit. Financing is provided under this facility at the prime rate or at the London Interbank Offered Rate, plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees. As of August 31, 2018 and 2017, we had no borrowings under the facility.

[2] We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2018 and 2017, we had no borrowings under these facilities.

[3] We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2018 and 2017, we had no borrowings under these various facilities.

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BORROWINGS AND INDEBTEDNESS - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
Debt Disclosure [Abstract]
Letters of credit outstanding under borrowing facilities	$ 324,602	$ 195,998
Total outstanding debt	25,013	$ 25,070
CommercialPaperProgramBackedbySyndicatedLoan	$ 1,000,000

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INCOME TAXES - Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Current taxes
U.S. federal	$ 70,050	$ 152,002	$ 314,121
U.S. state and local	3,574	17,269	38,255
Non-U.S.	1,425,875	1,175,962	835,653
Total current tax expense	1,499,499	1,345,233	1,188,029
Deferred taxes
U.S. federal	219,034	(200,483)	8,588
U.S. state and local	57,044	(26,069)	1,056
Non-U.S.	(182,078)	(137,581)	56,296
Total deferred tax (benefit) expense	94,000	(364,133)	65,940
Total	$ 1,593,499	$ 981,100	$ 1,253,969

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INCOME TAXES - Components of Income before Income Taxes (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Income Tax Disclosure [Abstract]
U.S. sources (1)	[1]	$ 645,943	$ 251,456	$ 1,047,909
Non-U.S. sources		5,162,150	4,364,576	4,555,663
INCOME BEFORE INCOME TAXES		$ 5,808,093	$ 4,616,032	$ 5,603,572

[1] Includes U.S. pension settlement charge of $509,793 for fiscal 2017.

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INCOME TAXES - Reconciliation of U.S. Federal Statutory Income Tax Rate to Effective Income Tax Rate (Details)		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Income Tax Disclosure [Abstract]
U.S. federal statutory income tax rate		25.70%	35.00%	35.00%
U.S. state and local taxes, net		1.10%	1.30%	1.10%
Non-U.S. operations taxed at lower rates		(6.10%)	(16.30%)	(12.60%)
Final determinations (1)	[1]	(1.90%)	(3.60%)	(2.10%)
Other net activity in unrecognized tax benefits		5.80%	8.40%	2.70%
Divestitures		0.00%	0.00%	(3.40%)
Excess tax benefits from share based payments		(2.30%)	(2.70%)	0.00%
Other, net		0.70%	0.70%	1.70%
Effective income tax rate		27.40%	21.30%	22.40%

[1] Final determinations include final agreements with tax authorities and expirations of statutes of limitations.

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INCOME TAXES - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
Deferred tax assets
Pensions	$ 254,268	$ 294,850
Revenue recognition	110,424	163,393
Compensation and benefits	517,850	734,373
Share-based compensation	259,276	293,546
Tax credit carryforwards	400,253	1,419,506
Net operating loss carryforwards	119,130	204,803
Depreciation and amortization	97,459	97,076
Deferred amortization deductions	728,564	705,495
Indirect effects of unrecognized tax benefits	355,152	343,832
Other	150,740	122,590
Deferred Tax Assets, Gross, Total	2,993,116	4,379,464
Valuation allowance	(451,775)	(1,564,554)
Total deferred tax assets	2,541,341	2,814,910
Deferred tax liabilities
Revenue recognition	(66,128)	(80,683)
Depreciation and amortization	(214,396)	(228,166)
Investments in subsidiaries	(138,417)	(202,359)
Other	(161,322)	(225,899)
Total deferred tax liabilities	(580,263)	(737,107)
Net deferred tax assets	$ 1,961,078	$ 2,077,803

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INCOME TAXES - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, beginning of year	$ 945,850	$ 985,755
Additions for tax positions related to the current year	349,343	204,321
Additions for tax positions related to prior years	317,215	254,274
Reductions for tax positions related to prior years	(284,711)	(250,135)
Statute of limitations expirations	(37,050)	(41,544)
Settlements with tax authorities	(68,605)	(221,999)
Foreign currency translation	(11,522)	15,178
Balance, end of year	$ 1,210,520	$ 945,850

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INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands			3 Months Ended		12 Months Ended
	Jan. 01, 2018	Dec. 31, 2017	May 31, 2018	Feb. 28, 2018	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Income Taxes [Line Items]
Deferred Tax Assets, Net					$ 1,961,078	$ 2,077,803
Undistributed Earnings of Foreign Subsidiaries					1,082,198
Unrecognized deferred tax liability from undistributed earnings of foreign subsidiaries					131,000
Tax holiday income tax benefits					103,000	95,000	$ 100,000
Deferred tax assets valuation allowance					451,775	1,564,554
Increase in deferred tax valuation allowance					1,112,779	(321,347)
Tax credit carryforwards					400,253	1,419,506
Operating Loss Carryforwards					478,274
Unrecognized tax benefits					1,210,520	945,850	985,755
Unrecognized tax benefits potential to favorably impact effective tax rate					818,638	609,555
Unrecognized tax benefits from adjustments to equity					391,882	336,295
Unrecognized tax benefits, interest and penalties expense					37,230	37,350	8,681
Unrecognized tax benefits, interest and penalties accrued pre-tax					125,886	98,204
Unrecognized tax benefits, interest and penalties accrued net of tax benefits					114,631	$ 87,417
Decrease in Unrecognized Tax Benefits is Reasonably Possible					486,000
Increase in Unrecognized Tax Benefits is Reasonably Possible					$ 219,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement							$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	35.00%
U.S. federal statutory income tax rate					25.70%	35.00%	35.00%
Provisional Tax Expense Related to Tax Cuts and Jobs Act of 2017			$ 40,927	$ 136,724
Tax Credit Carryforwards Expiring Between 2018 and 2027
Income Taxes [Line Items]
Tax credit carryforwards					$ 19,976
Tax Credit Carryforwards Expiring Between 2028 and 2037
Income Taxes [Line Items]
Tax credit carryforwards					1,838
Tax Credit Carryforwards with Indefinite Carryforward Period
Income Taxes [Line Items]
Tax credit carryforwards					378,439
Net Operating Loss Carryforwards Expiring Between 2018 and 2027
Income Taxes [Line Items]
Operating Loss Carryforwards					216,476
Net Operating Loss Carryforwards Expiring Between 2028 and 2037
Income Taxes [Line Items]
Operating Loss Carryforwards					11,080
Net Operating Loss Carryforwards with Indefinite Carryforward Period
Income Taxes [Line Items]
Operating Loss Carryforwards					250,718
Fiscal2017PensionSettlement [Member]
Income Taxes [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement					0	$ (509,793)
Changes in Tax Laws and Tax Rates [Member]
Income Taxes [Line Items]
Deferred Tax Assets, Net					$ 247,216	$ 68,724

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RETIREMENT AND PROFIT SHARING PLANS - Weighted-Average Assumptions Used to Determine the Fiscal Year-end Defined Benefit Pension Obligations (Details)	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
U.S. and Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate for determining projected benefit obligation	3.98%	3.73%	3.51%
Discount rate for determining net periodic pension expense	3.73%	3.51%	4.46%
Long term rate of return on plan assets	3.64%	4.13%	4.54%
UNITED STATES | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate for determining projected benefit obligation	4.00%	3.75%	3.50%
Discount rate for determining net periodic pension expense	3.75%	3.50%	4.50%
Long term rate of return on plan assets	4.25%	4.25%	4.75%
Rate of increase in future compensation for determining projected benefit obligation	2.23%	2.25%	2.57%
Rate of increase in future compensation for determining net periodic pension expense	2.25%	2.57%	3.60%
Non-U.S. Plans | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate for determining projected benefit obligation	3.29%	2.83%	2.40%
Discount rate for determining net periodic pension expense	2.83%	2.40%	3.47%
Long term rate of return on plan assets	3.56%	3.52%	3.99%
Rate of increase in future compensation for determining projected benefit obligation	3.67%	3.63%	3.47%
Rate of increase in future compensation for determining net periodic pension expense	3.63%	3.47%	3.56%

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RETIREMENT AND PROFIT SHARING PLANS - Changes in the Defined Benefit Pension Obligations, Plan Assets and Funded Status of Material Defined Benefit Pension Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
Amounts recognized in the Consolidated Balance Sheets
Non-current liabilities	$ (1,410,656)	$ (1,408,759)
Total	(6,313)
U.S. and Non-U.S. Plans
Reconciliation of benefit obligation
Benefit obligation, beginning of year	529,680	500,964
Service cost	20,929	19,898
Interest cost	17,537	15,270
Participant contributions	0	0
Acquisitions/divestitures/transfers	0	0
Amendments	0	0
Curtailment	(2,782)	0
Pension settlement	0	0
Actuarial (gain) loss	(18,001)	5,084
Benefits Paid	(10,499)	(13,047)
Exchange rate impact	(1,232)	1,511
Benefit obligation, end of year	535,632	529,680
Reconciliation of fair value of plan assets
Fair value of plan assets, beginning of year	26,541	27,130
Actual return on plan assets	(505)	(38)
Acquisitions/divestitures/transfers	0	0
Employer contributions	13,176	12,496
Participant contributions	0	0
Pension settlement	0	0
Benefits paid	(10,499)	(13,047)
Exchange rate impact	0	0
Fair value of plan assets, end of year	28,713	26,541
Funded status, end of year	(506,919)	(503,139)
Amounts recognized in the Consolidated Balance Sheets
Non-current assets	0	0
Current liabilities	(1,856)	(1,659)
Non-current liabilities	(505,063)	(501,480)
Funded status, end of year	(506,919)	(503,139)
UNITED STATES | Pension Plan [Member]
Reconciliation of benefit obligation
Benefit obligation, beginning of year	342,863	2,030,006
Service cost	4,233	7,380
Interest cost	10,626	48,354
Participant contributions	0	0
Acquisitions/divestitures/transfers	0	0
Amendments	0	0
Curtailment	0	0
Pension settlement	4,289	(1,612,824)
Actuarial (gain) loss	(16,149)	(80,507)
Benefits Paid	(13,946)	(49,546)
Exchange rate impact	0	0
Benefit obligation, end of year	331,916	342,863
Reconciliation of fair value of plan assets
Fair value of plan assets, beginning of year	204,629	1,801,435
Actual return on plan assets	(5,278)	(63,919)
Acquisitions/divestitures/transfers	0	0
Employer contributions	20,882	129,483
Participant contributions	0	0
Pension settlement	4,289	1,612,824
Benefits paid	(13,946)	(49,546)
Exchange rate impact	0	0
Fair value of plan assets, end of year	210,576	204,629
Funded status, end of year	(121,340)	(138,234)
Amounts recognized in the Consolidated Balance Sheets
Non-current assets	6,757	2,127
Current liabilities	(10,854)	(11,047)
Non-current liabilities	(117,243)	(129,314)
Funded status, end of year	(121,340)	(138,234)
Non-U.S. Plans
Reconciliation of benefit obligation
Benefit obligation, beginning of year	1,816,462	1,758,110
Service cost	81,840	82,727
Interest cost	46,993	36,906
Participant contributions	12,189	11,832
Acquisitions/divestitures/transfers	(121)	15,664
Amendments	28,696	(847)
Curtailment	(4,946)	0
Pension settlement	(70,124)	0
Actuarial (gain) loss	(25,942)	(76,066)
Benefits Paid	(69,841)	(47,233)
Exchange rate impact	(42,494)	35,369
Benefit obligation, end of year	1,772,712	1,816,462
Reconciliation of fair value of plan assets
Fair value of plan assets, beginning of year	1,154,128	1,081,154
Actual return on plan assets	6,792	42,417
Acquisitions/divestitures/transfers	0	818
Employer contributions	109,292	67,300
Participant contributions	12,189	11,832
Pension settlement	(71,562)	0
Benefits paid	(69,841)	(47,233)
Exchange rate impact	(13,622)	(2,160)
Fair value of plan assets, end of year	1,127,376	1,154,128
Funded status, end of year	(645,336)	(662,334)
Amounts recognized in the Consolidated Balance Sheets
Non-current assets	106,621	64,461
Current liabilities	(27,306)	(21,015)
Non-current liabilities	(724,651)	(705,780)
Funded status, end of year	$ (645,336)	$ (662,334)

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RETIREMENT AND PROFIT SHARING PLANS - Pre-Tax Accumulated Net Actuarial Loss and Prior Service Cost (credit) Recognized in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
U.S. and Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Net loss	$ 114,827	$ 142,197
Prior service (credit) cost	23,671	27,656
Accumulated other comprehensive loss, pre-tax	138,498	169,853
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Net loss	105,580	112,015
Prior service (credit) cost	0	0
Accumulated other comprehensive loss, pre-tax	105,580	112,015
Non-U.S. Plans | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Net loss	357,250	386,428
Prior service (credit) cost	22,293	(5,222)
Accumulated other comprehensive loss, pre-tax	$ 379,543	$ 381,206

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RETIREMENT AND PROFIT SHARING PLANS - Accumulated Benefit Obligation for Material Defined Benefit Pension Plans (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 325,152	$ 333,588
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 1,614,649	$ 1,651,869

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RETIREMENT AND PROFIT SHARING PLANS - Information for Material Defined Benefit Pension Plans with Projected Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
U.S. and Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 535,632	$ 529,680
Fair value of plan assets	28,713	26,541
UNITED STATES | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	128,097	342,863
Fair value of plan assets	0	202,502
Non-U.S. Plans | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	1,009,762	1,037,634
Fair value of plan assets	$ 257,805	$ 310,839

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RETIREMENT AND PROFIT SHARING PLANS - Information for Material Defined Benefit Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 128,097	$ 138,476
Fair value of plan assets	0	0
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	848,217	810,330
Fair value of plan assets	$ 220,220	$ 208,559

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RETIREMENT AND PROFIT SHARING PLANS - Target Allocation for Fiscal 2018 and Weighted-Average Plan Assets Allocations by Asset Category, for Material Defined Benefit Pension Plans (Details)	Aug. 31, 2018	Aug. 31, 2017
UNITED STATES
2018 Target Allocation
2018 Target Allocation	100.00%
Actual Plan Asset Allocation	100.00%	100.00%
UNITED STATES | Equity securities
2018 Target Allocation
2018 Target Allocation	0.00%
Actual Plan Asset Allocation	0.00%	0.00%
UNITED STATES | Debt securities
2018 Target Allocation
2018 Target Allocation	100.00%
Actual Plan Asset Allocation	94.00%	94.00%
UNITED STATES | Cash and short-term investments
2018 Target Allocation
2018 Target Allocation	0.00%
Actual Plan Asset Allocation	6.00%	6.00%
UNITED STATES | Insurance contracts
2018 Target Allocation
2018 Target Allocation	0.00%
Actual Plan Asset Allocation	0.00%	0.00%
UNITED STATES | Other
2018 Target Allocation
2018 Target Allocation	0.00%
Actual Plan Asset Allocation	0.00%	0.00%
Non-U.S. Plans
2018 Target Allocation
2018 Target Allocation	100.00%
Actual Plan Asset Allocation	100.00%	100.00%
Non-U.S. Plans | Equity securities
2018 Target Allocation
2018 Target Allocation	26.00%
Actual Plan Asset Allocation	20.00%	30.00%
Non-U.S. Plans | Debt securities
2018 Target Allocation
2018 Target Allocation	52.00%
Actual Plan Asset Allocation	57.00%	58.00%
Non-U.S. Plans | Cash and short-term investments
2018 Target Allocation
2018 Target Allocation	2.00%
Actual Plan Asset Allocation	2.00%	2.00%
Non-U.S. Plans | Insurance contracts
2018 Target Allocation
2018 Target Allocation	17.00%
Actual Plan Asset Allocation	17.00%	6.00%
Non-U.S. Plans | Other
2018 Target Allocation
2018 Target Allocation	3.00%
Actual Plan Asset Allocation	4.00%	4.00%

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RETIREMENT AND PROFIT SHARING PLANS - Fair Values of the Material U.S. and Non-U.S. Defined Benefit Pension Plans Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
U.S. and Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	$ 28,713	$ 26,541	$ 27,130
UNITED STATES | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	239,289
UNITED STATES | Level 2 | U.S. Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	136,814
UNITED STATES | Level 2 | U.S. Government State And Local Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	58,239
Non-US
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	1,127,376
Non-US | Mutual fund equity securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	222,061
Non-US | Non-U.S. government debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	117,389
Non-US | Mutual fund debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	535,096
Non-US | Cash and short-term investments
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	23,189
Non-US | Insurance contracts
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	187,780
Non-US | Other
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	41,861
Non-US | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	135,080
Non-US | Level 1 | Mutual fund equity securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 1 | Non-U.S. government debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	117,389
Non-US | Level 1 | Mutual fund debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	4
Non-US | Level 1 | Cash and short-term investments
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	17,687
Non-US | Level 1 | Insurance contracts
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 1 | Other
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	877,336
Non-US | Level 2 | Mutual fund equity securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	222,061
Non-US | Level 2 | Non-U.S. government debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 2 | Mutual fund debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	535,092
Non-US | Level 2 | Cash and short-term investments
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	5,502
Non-US | Level 2 | Insurance contracts
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	72,820
Non-US | Level 2 | Other
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	41,861
Non-US | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	114,960
Non-US | Level 3 | Mutual fund equity securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 3 | Non-U.S. government debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 3 | Mutual fund debt securities
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 3 | Cash and short-term investments
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	0
Non-US | Level 3 | Insurance contracts
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	114,960
Non-US | Level 3 | Other
Defined Benefit Plan Disclosure [Line Items]
Total pension plan assets	$ 0

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RETIREMENT AND PROFIT SHARING PLANS - Estimated Future Benefit Payments (Details) $ in Thousands	Aug. 31, 2018 USD ($)
U.S. and Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
2017	$ 14,052
2018	15,879
2019	17,811
2020	19,823
2021	22,458
2022-2026	150,083
UNITED STATES | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2017	14,168
2018	15,013
2019	15,795
2020	16,621
2021	17,317
2022-2026	96,921
Non-U.S. Plans | Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2017	61,593
2018	72,592
2019	82,049
2020	88,100
2021	103,213
2022-2026	$ 522,427

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RETIREMENT AND PROFIT SHARING PLANS - Additional Information (Details)		12 Months Ended
	Mar. 18, 2016 employee	Aug. 31, 2018 USD ($)	Aug. 31, 2017 USD ($)	Aug. 31, 2016 USD ($)
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rate [Abstract]
Pension settlement charge				$ 0
Actuarial losses		$ 19,862,000	$ 49,565,000	(481,331,000)
Pension expense		125,320,000	622,302,000	94,827,000
Contributions to U.S. and non-U.S. defined benefit pension plans, cash funding for retiree medical plans and benefit payments related to the unfunded frozen plan for former pre-incorporation partners		93,973,000
Total expenses recorded for the United States and the United Kingdom defined contribution retirement plans		485,736,000	454,124,000	419,932,000
Fiscal2017PensionSettlement [Member]
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rate [Abstract]
ActiveEmployeesintheU.S.PensionPlanWhoAreCurrentlyEligibletoAccrueBenefitsUnderCreationofaSeparateDefinedBenefitPlan | employee	600
Pension settlement charge		0	509,793,000
PensionSettlementChargeIncomeTaxExpenseBenefit		198,219,000
Defined Benefit Plan, Accumulated Other Comprehensive Income (Loss), Gain (Loss), before Tax		460,908,000
Employer contributions		118,500,000
AdditionalActuarialLosses [Member] | Fiscal2017PensionSettlement [Member]
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rate [Abstract]
Employer contributions		48,885,000
PreviouslyRecordedPensionLiabilities [Member] | Fiscal2017PensionSettlement [Member]
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rate [Abstract]
Employer contributions		69,615,000
U.S. and Non-U.S. Plans
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rate [Abstract]
Defined Benefit Plan, Effect of One Percentage Point Increase on Accumulated Postretirement Benefit Obligation		79,766
Defined Benefit Plan, Effect of One Percentage Point Decrease on Accumulated Postretirement Benefit Obligation		62,785
Defined Benefit Plan, Fair Value of Plan Assets		$ 28,713,000	26,541,000	$ 27,130,000
Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year		6.90%
Defined Benefit Plan, Ultimate Health Care Cost Trend Rate		4.50%
Defined Benefit Plan, Accumulated Other Comprehensive Income (Loss), Gain (Loss), before Tax		$ (114,827,000)	(142,197,000)
Employer contributions		13,176,000	12,496,000
Lump sum payments from plan assets		0	0
Reduction to PBO		$ 0	$ 0

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RETIREMENT AND PROFIT SHARING PLANS Level 3 Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
Level 3 Assets [Abstract]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, (Sales), Issuances, (Settlements)	$ 130,543
Change in Fair Value of Level 3 Assets During the Period	(15,583)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 114,960	$ 0

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SHARE-BASED COMPENSATION - Summary of Information with Respect to Share-Based Compensation (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total share-based compensation expense included in Net income		$ 976,908	$ 795,235	$ 758,176
Income tax benefit related to share-based compensation included in Net income (1)	[1]	404,124	349,114	236,423
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income Tax Expense (Benefit)		$ 1,593,499	$ 981,100	1,253,969
New Accounting Pronouncement, Early Adoption, Effect [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income Tax Expense (Benefit)				$ 92,285

[1] Prior to the adoption of ASU 2016-09 excess tax benefits for share-based compensation were not recognized in the provision for income taxes. Therefore, fiscal 2016 excludes $92,285 of excess tax benefits from the income tax provision.

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SHARE-BASED COMPENSATION - Restricted Share Unit Activity (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Aug. 31, 2018		Aug. 31, 2017	Aug. 31, 2016
Number of Restricted Share Units
Nonvested balance as of August 31, 2016 (in shares)		21,029,042
Granted (in shares) (1)	[1]	8,166,416
Vested (in shares) (2)	[2]	(8,692,766)
Forfeited (in shares)		(1,424,085)
Nonvested balance as of August 31, 2017 (in shares)		19,078,607		21,029,042
Weighted Average Grant-Date Fair Value
Nonvested balance as of August 31, 2016 (in dollars per share)		$ 101.88
Granted (in dollars per share) (1)		153.33	[1]	$ 117.72	$ 105.16
Vested (in dollars per share) (2)	[2]	96.86
Forfeited (in dollars per share)		109.83
Nonvested balance as of August 31, 2017 (in dollars per share)		$ 125.59		$ 101.88
Vested, grant-date fair value		$ 842,002		$ 726,324	$ 796,620

[1] The weighted average grant-date fair value for restricted share units granted for fiscal 2018, 2017 and 2016 was $153.33, $117.72 and $105.16, respectively.

[2] The total grant-date fair value of restricted share units vested for fiscal 2018, 2017 and 2016 was $842,002, $726,324 and $796,620, respectively.

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SHARE-BASED COMPENSATION - Stock Option Activity (Details)	12 Months Ended
	Aug. 31, 2018 $ / shares shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | shares	12,274
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 39.46
Weighted Average Remaining Contractual Term
Options outstanding as of August 31, (in years)	1 year 2 months 12 days

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SHARE-BASED COMPENSATION - Additional Information (Details) - USD ($)	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Provision for income taxes	$ 1,593,499,000	$ 981,100,000	$ 1,253,969,000
Shares authorized under SIP plan	99,000,000.000
Shares available for future grants under SIP plan	24,266,070
Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense related to nonvested awards not yet recognized	$ 924,824,000
Compensation expense related to nonvested awards not yet recognized, expected weighted average period of recognition	1 year 2 months 12 days
Restricted share units vested but not yet delivered	598,447
Restricted Share Units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement vesting period	2 years
Restricted Share Units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement vesting period	7 years
ESPP 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum employee deferral into share purchase plan per offering	$ 7,500
Percentage of senior executive compensation contributed into share purchase plan maximum	30.00%
Percentage of shares purchased granted as restricted share units granted under the V.E.I.P.	50.00%
Number of shares authorized employee share purchase plan	90,000,000
Shares issued under employee share purchase plan total	54,111,908
Shares issued, during period, under the employee share purchase plan	5,428,356	6,103,977	5,850,113
ESPP 2010 | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of employee compensation contributed into share purchase plan	1.00%
ESPP 2010 | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of employee compensation contributed into share purchase plan	10.00%
New Accounting Pronouncement, Early Adoption, Effect [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Provision for income taxes			$ 92,285,000

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SHAREHOLDERS' EQUITY - Additional Information (Detail)	12 Months Ended
	Aug. 31, 2018 $ / shares shares	Aug. 31, 2018 € / shares shares	Aug. 31, 2017 $ / shares shares	Aug. 31, 2017 € / shares shares
Ordinary Shares
Class of Stock [Line Items]
Ordinary shares, shares authorized (in shares)	40,000	40,000	40,000	40,000
Ordinary shares, par value (in euros per share) | € / shares		€ 1		€ 1
Class A Ordinary Shares
Class of Stock [Line Items]
Ordinary shares, shares authorized (in shares)	20,000,000,000	20,000,000,000	20,000,000,000	20,000,000,000
Ordinary shares, par value (in euros per share) | $ / shares	$ 0.0000225		$ 0.0000225
Common Stock, Voting Rights	1
Class X Ordinary Shares
Class of Stock [Line Items]
Ordinary shares, shares authorized (in shares)	1,000,000,000	1,000,000,000	1,000,000,000	1,000,000,000
Ordinary shares, par value (in euros per share) | $ / shares	$ 0.0000225		$ 0.0000225
Common Stock, Voting Rights	1

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MATERIAL TRANSACTIONS AFFECTING SHAREHOLDERS' EQUITY - Company's Share Purchase Activity (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Share Purchase and Redemption Activity [Line Items]
Accenture plc Class A Ordinary Shares (in shares)		16,706,190
Accenture plc Class A Ordinary Shares		$ 2,554,084	$ 2,552,880	$ 2,532,796
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (in shares)		571,134
Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. Exchangeable Shares		$ 85,010	$ 96,171	$ 72,193
Open-market share purchases (1)
Share Purchase and Redemption Activity [Line Items]
Accenture plc Class A Ordinary Shares (in shares)	[1]	13,618,163
Accenture plc Class A Ordinary Shares	[1]	$ 2,083,762
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (in shares)	[1]	0
Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. Exchangeable Shares	[1]	$ 0
Other share purchase programs
Share Purchase and Redemption Activity [Line Items]
Accenture plc Class A Ordinary Shares (in shares)		0
Accenture plc Class A Ordinary Shares		$ 0
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (in shares)		571,134
Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. Exchangeable Shares		$ 85,010
Other purchases (2)
Share Purchase and Redemption Activity [Line Items]
Accenture plc Class A Ordinary Shares (in shares)	[2]	3,088,027
Accenture plc Class A Ordinary Shares	[2]	$ 470,322
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc. Exchangeable Shares (in shares)	[2]	0
Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. Exchangeable Shares	[2]	$ 0

[1] We conduct a publicly announced open-market share purchase program for Accenture plc Class A ordinary shares. These shares are held as treasury shares by Accenture plc and may be utilized to provide for select employee benefits, such as equity awards to our employees.

[2] During fiscal 2018, as authorized under our various employee equity share plans, we acquired Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under those plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and the other share purchase programs.

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MATERIAL TRANSACTIONS AFFECTING SHAREHOLDERS' EQUITY - Dividend Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Dividends [Line Items]
Cancellation of treasury shares	$ 0	$ 0	$ 0
Dividend Per Share	$ 2.66	$ 2.42	$ 2.20
Cash Outlay	$ 1,708,724
DividendPaymentNovember2016 [Member]
Dividends [Line Items]
Dividend Payment Date Day Month And Year	Nov. 15, 2017
Dividend Per Share	$ 1.33
Cash Outlay	$ 853,614
DividendPaymentMay2017 [Member]
Dividends [Line Items]
Dividend Payment Date Day Month And Year	May 15, 2018
Dividend Per Share	$ 1.33
Cash Outlay	$ 855,110
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc Exchangeable Shares
Dividends [Line Items]
Cash Outlay	$ 37,652
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc Exchangeable Shares | DividendPaymentNovember2016 [Member]
Dividends [Line Items]
Dividend Payment Date Of Record Day Month And Year	Oct. 17, 2017
Cash Outlay	$ 36,373
Accenture Holdings plc Ordinary Shares and Accenture Canada Holdings Inc Exchangeable Shares | DividendPaymentMay2017 [Member]
Dividends [Line Items]
Dividend Payment Date Of Record Day Month And Year	Apr. 10, 2018
Cash Outlay	$ 1,279
Accenture plc Class A Ordinary Shares
Dividends [Line Items]
Cash Outlay	$ 1,671,072
Accenture plc Class A Ordinary Shares | DividendPaymentNovember2016 [Member]
Dividends [Line Items]
Dividend Payment Date Of Record Day Month And Year	Oct. 19, 2017
Cash Outlay	$ 817,241
Accenture plc Class A Ordinary Shares | DividendPaymentMay2017 [Member]
Dividends [Line Items]
Dividend Payment Date Of Record Day Month And Year	Apr. 12, 2018
Cash Outlay	$ 853,831
Treasury Shares
Dividends [Line Items]
Cancellation of treasury shares	$ 1,582,067	$ 3,014,356	$ 11,199,016

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MATERIAL TRANSACTIONS AFFECTING SHAREHOLDERS' EQUITY - Additional Information (Details) - USD ($)					12 Months Ended
	Nov. 15, 2018	Oct. 18, 2018	Sep. 26, 2018	Sep. 25, 2017	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Dividends Payable [Line Items]
Stock Repurchase Program, Authorized Amount					$ 950,000
Accenture plc Class A ordinary shares issued upon redemption of Accenture Holdings plc ordinary shares					25,906,176
Accenture plc Class A Ordinary Shares Issued for Accenture Holdings plc Shares					25,554,372,000
Accenture Plc Stock Issued Upon Redemptions of Accenture Holdings Plc Ordinary Shares					351,804,000
TreasuryStockSharesRetire					11,620,621,000
Cancellation of treasury shares					$ 0	$ 0	$ 0
Subsequent Event [Member]
Dividends Payable [Line Items]
Treasury Stock Acquired Repurchase Additional Approved Authorization Value					5,000,000,000
Treasury Stock Acquired Repurchase Authorization Value					$ 5,950,443
Class A Ordinary Shares | Dividend Declared [Member]
Dividends Payable [Line Items]
Cash dividend declared date					Sep. 26, 2018
Treasury Stock [Member]
Dividends Payable [Line Items]
Cancellation of treasury shares					$ 1,582,067,000	$ 3,014,356,000	$ 11,199,016,000
Dividend Declared [Member] | Accenture Holdings plc ordinary [Member] | Subsequent Event [Member]
Dividends Payable [Line Items]
Cash dividend payment date				Nov. 15, 2018
Dividend Declared [Member] | Class A Ordinary Shares | Subsequent Event [Member]
Dividends Payable [Line Items]
Cash dividend declared date			Sep. 26, 2018
Cash dividend declared			$ 1.46
Cash dividend record date		Oct. 18, 2018
Cash dividend payment date	Nov. 15, 2018

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LEASE COMMITMENTS - Rental Expense, including Operating Costs and Taxes and Sublease Income from Third Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Leases [Abstract]
Rental expense	$ 653,531	$ 617,014	$ 578,149
Sublease income from third parties	$ (28,219)	$ (28,992)	$ (26,403)

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LEASE COMMITMENTS - Future Minimum Rental Commitments under Non-cancelable Operating Leases (Details) $ in Thousands	Aug. 31, 2018 USD ($)
Operating lease payments
2018	$ 598,483
2019	543,125
2020	474,478
2021	411,002
2022	338,630
Thereafter	1,285,763
Operating lease payments	3,651,481
Operating sublease income
2018	(28,083)
2019	(24,115)
2020	(17,221)
2021	(7,932)
2022	(7,661)
Thereafter	(40,286)
Operating sublease income	$ (125,298)

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COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
Loss Contingencies [Line Items]
Redeemable Common Stock Of Subsidiary	$ (46,703)
Fair value of Avanade redeemable common stock and options		$ 52,996
Expressly limited performance guarantee	782,000	697,000
Portion of guarantee not recoverable	$ 130,000	$ 149,000

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SEGMENT REPORTING - Company's Reportable Operating Segments (Details) $ in Thousands		3 Months Ended								12 Months Ended
		Aug. 31, 2018 USD ($)	May 31, 2018 USD ($)	Feb. 28, 2018 USD ($)	Nov. 30, 2017 USD ($)	Aug. 31, 2017 USD ($)	May 31, 2017 USD ($)	Feb. 28, 2017 USD ($)	Nov. 30, 2016 USD ($)	Aug. 31, 2018 USD ($)	Aug. 31, 2017 USD ($)		Aug. 31, 2016 USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments										5
Net revenues		$ 10,149,787	$ 10,314,999	$ 9,585,442	$ 9,523,222	$ 9,149,958	$ 8,867,036	$ 8,317,671	$ 8,515,517	$ 39,573,450	$ 34,850,182		$ 32,882,723
Depreciation and amortization	[1]									926,776	801,789		729,052
Operating income		1,452,671	$ 1,619,726	$ 1,282,764	$ 1,485,880	1,296,562	$ 865,435	$ 1,138,653	$ 1,331,959	5,841,041	4,632,609		4,810,445
Net Assets	[2]	4,768,722				4,349,298				4,768,722	4,349,298		3,904,223
Communications, Media & Technology
Segment Reporting Information [Line Items]
Net revenues										8,030,775	6,884,738		6,615,717
Depreciation and amortization	[1]									176,232	148,690		141,356
Operating income										1,368,142	1,048,786		965,574
Net Assets	[2]	984,345				916,325				984,345	916,325		923,764
Financial Services
Segment Reporting Information [Line Items]
Net revenues										8,237,982	7,393,945		7,031,053
Depreciation and amortization	[1]									161,451	147,343		139,518
Operating income										1,352,870	1,207,391		1,127,750
Net Assets	[2]	23,666				155,386				23,666	155,386		123,827
Health & Public Service
Segment Reporting Information [Line Items]
Net revenues										6,688,467	6,177,846		5,986,878
Depreciation and amortization	[1]									171,084	143,659		134,788
Operating income										755,559	772,785		807,012
Net Assets	[2]	989,150				911,605				989,150	911,605		892,569
Products
Segment Reporting Information [Line Items]
Net revenues										10,854,339	9,500,451		8,395,038
Depreciation and amortization	[1]									271,853	228,400		206,806
Operating income										1,649,785	1,558,680		1,282,461
Net Assets	[2]	1,571,620				1,299,898				1,571,620	1,299,898		1,281,551
Resources
Segment Reporting Information [Line Items]
Net revenues										5,657,178	4,847,073		4,838,963
Depreciation and amortization	[1]									146,156	133,697		106,584
Operating income										714,685	554,760		627,648
Net Assets	[2]	1,046,216				953,820				1,046,216	953,820		820,273
Other
Segment Reporting Information [Line Items]
Net revenues										104,709	46,129		15,074
Depreciation and amortization	[1]									0	0		0
Operating income										0	(509,793)	[3]	0
Net Assets	[2]	$ 153,725				$ 112,264				$ 153,725	$ 112,264		$ (137,761)

[1] Amounts include depreciation on property and equipment and amortization of intangible assets controlled by each operating segment, as well as an allocation for amounts they do not directly control.

[2] We do not allocate total assets by operating segment. Operating segment assets directly attributed to an operating segment and provided to the chief operating decision makers include receivables from clients, current and non-current unbilled services, deferred contract costs and current and non-current deferred revenues.

[3] Other operating income for fiscal 2017 represents the pension settlement charge.

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SEGMENT REPORTING - Information Regarding Geography and Countries (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Aug. 31, 2018	May 31, 2018	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Segment Reporting Information [Line Items]
Net revenues	$ 10,149,787	$ 10,314,999	$ 9,585,442	$ 9,523,222	$ 9,149,958	$ 8,867,036	$ 8,317,671	$ 8,515,517	$ 39,573,450	$ 34,850,182	$ 32,882,723
Reimbursements	492,462	523,855	482,390	531,271	490,948	489,751	444,511	490,086	2,029,978	1,915,296	1,914,938
Revenues	10,642,249	$ 10,838,854	$ 10,067,832	$ 10,054,493	9,640,906	$ 9,356,787	$ 8,762,182	$ 9,005,603	41,603,428	36,765,478	34,797,661
Property and equipment, net as of August 31	1,264,020				1,140,598				1,264,020	1,140,598	956,542
North America
Segment Reporting Information [Line Items]
Net revenues									17,849,010	16,290,842	15,653,290
Reimbursements									927,266	963,911	970,248
Revenues									18,776,276	17,254,753	16,623,538
Property and equipment, net as of August 31	375,237				274,463				375,237	274,463	244,351
Europe
Segment Reporting Information [Line Items]
Net revenues									14,111,622	12,002,025	11,512,434
Reimbursements									738,062	625,073	637,212
Revenues									14,849,684	12,627,098	12,149,646
Property and equipment, net as of August 31	319,487				294,154				319,487	294,154	220,500
Growth Markets
Segment Reporting Information [Line Items]
Net revenues									7,612,818	6,557,315	5,716,999
Reimbursements									364,650	326,312	307,478
Revenues									7,977,468	6,883,627	6,024,477
Property and equipment, net as of August 31	$ 569,296				$ 571,981				$ 569,296	$ 571,981	$ 491,691

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SEGMENT REPORTING - Consolidated Net Revenues by Country (Details)	12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
UNITED STATES
Segment Reporting Information [Line Items]
Net revenues, percentage by country	43.00%	45.00%	46.00%
IRELAND
Segment Reporting Information [Line Items]
Net revenues, percentage by country	1.00%	1.00%	1.00%

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SEGMENT REPORTING - Consolidated Property and Equipment, Net by Country (Details)	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
INDIA
Segment Reporting Information [Line Items]
Property and Equipment, net, percentage by country	27.00%	23.00%	25.00%
UNITED STATES
Segment Reporting Information [Line Items]
Property and Equipment, net, percentage by country	19.00%	25.00%	25.00%
IRELAND
Segment Reporting Information [Line Items]
Property and Equipment, net, percentage by country	7.00%	5.00%	4.00%

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SEGMENT REPORTING - Net Revenues by Type of Work (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Aug. 31, 2018	May 31, 2018	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Segment Reporting Information [Line Items]
Net revenues	$ 10,149,787	$ 10,314,999	$ 9,585,442	$ 9,523,222	$ 9,149,958	$ 8,867,036	$ 8,317,671	$ 8,515,517	$ 39,573,450	$ 34,850,182	$ 32,882,723
Reimbursements	492,462	523,855	482,390	531,271	490,948	489,751	444,511	490,086	2,029,978	1,915,296	1,914,938
Revenues	$ 10,642,249	$ 10,838,854	$ 10,067,832	$ 10,054,493	$ 9,640,906	$ 9,356,787	$ 8,762,182	$ 9,005,603	41,603,428	36,765,478	34,797,661
Consulting
Segment Reporting Information [Line Items]
Net revenues									21,573,983	18,753,796	17,867,891
Outsourcing
Segment Reporting Information [Line Items]
Net revenues									$ 17,999,467	$ 16,096,386	$ 15,014,832

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QUARTERLY DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Aug. 31, 2018	May 31, 2018	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Net revenues	$ 10,149,787	$ 10,314,999	$ 9,585,442	$ 9,523,222	$ 9,149,958	$ 8,867,036	$ 8,317,671	$ 8,515,517	$ 39,573,450	$ 34,850,182	$ 32,882,723
Reimbursements	492,462	523,855	482,390	531,271	490,948	489,751	444,511	490,086	2,029,978	1,915,296	1,914,938
Revenues	10,642,249	10,838,854	10,067,832	10,054,493	9,640,906	9,356,787	8,762,182	9,005,603	41,603,428	36,765,478	34,797,661
Cost of services before reimbursable expenses	6,926,656	6,995,871	6,737,048	6,470,962	6,263,285	5,957,405	5,813,515	5,785,485	27,130,537	23,819,690	22,605,296
Reimbursable expenses	492,462	523,855	482,390	531,271	490,948	489,751	444,511	490,086	2,029,978	1,915,296	1,914,938
Cost of services	7,419,118	7,519,726	7,219,438	7,002,233	6,754,233	6,447,156	6,258,026	6,275,571	29,160,515	25,734,986	24,520,234
OPERATING INCOME	1,452,671	1,619,726	1,282,764	1,485,880	1,296,562	865,435	1,138,653	1,331,959	5,841,041	4,632,609	4,810,445
Net Income	1,048,371	1,058,141	919,540	1,188,542	983,174	704,801	887,208	1,059,749	4,214,594	3,634,932	4,349,603
NET INCOME ATTRIBUTABLE TO ACCENTURE PLC	$ 1,029,524	$ 1,043,020	$ 863,703	$ 1,123,660	$ 932,453	$ 669,468	$ 838,752	$ 1,004,476	$ 4,059,907	$ 3,445,149	$ 4,111,892
Weighted average Class A ordinary shares:
-Basic (in shares)	640,575,241	639,217,344	617,854,667	615,835,525	617,515,125	619,436,804	621,999,948	621,569,764	628,451,742	620,104,250	624,797,820
-Diluted (in shares)	653,960,751	654,600,026	656,118,796	656,672,417	658,384,196	658,770,425	661,079,375	663,752,830	655,296,150	660,463,227	667,770,274
Earnings per Class A ordinary share:
Basic earnings per share (in dollars per share)	$ 1.61	$ 1.63	$ 1.40	$ 1.82	$ 1.51	$ 1.08	$ 1.35	$ 1.62	$ 6.46	$ 5.56	$ 6.58
Diluted earnings per share (in dollars per share)	1.58	1.60	1.37	1.79	1.48	1.05	1.33	1.58	6.34	5.44	$ 6.45
Ordinary share price per share:
-High (in dollars per share)	169.92	164.30	165.58	148.60	130.92	126.53	125.72	124.96	169.92	130.92
-Low (in dollars per share)	$ 155.30	$ 146.05	$ 145.75	$ 129.10	$ 119.10	$ 114.82	$ 112.31	$ 108.83	$ 129.10	$ 108.83