# Accenture

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Irish professional services company

Accenture plc Headquarters at 1 Grand Canal Square, Dublin in 2012 Formerly Andersen Consulting (1989–2000) Type Public Traded as NYSE: ACN (Class A) S&P 100 component S&P 500 component ISIN IE00B4BNMY34 Industry Professional services Information technology consulting Predecessor Arthur Andersen Founded 1989; 37 years ago (1989) Headquarters Dublin , Ireland Number of locations 120 countries[1] Area served Worldwide Key people Julie Sweet (chair and CEO) Revenue US$69.67 billion (2025)[2] Operating income US$10.23 billion (2025)[2] Net income US$7.83 billion (2025)[2] Total assets US$65.39 billion (2025)[2] Total equity US$32.24 billion (2025)[2] Number of employees 779,000 (2025)[2] Website accenture.com

**Accenture plc** is an Irish technology consulting company headquartered in [Dublin](/source/Dublin), Ireland.[3][4] Founded in 1989, Accenture provides [information technology](/source/Information_technology) and [management consulting](/source/Management_consulting) services across 120 countries globally.[3]

## History

### Formation and early years, 1950–1989

Accenture began as the business and technology consulting division of accounting firm [Arthur Andersen](/source/Arthur_Andersen) in the early 1950s.[3] The division conducted a [feasibility study](/source/Feasibility_study) for [General Electric](/source/General_Electric) to install a computer at [Appliance Park](/source/Appliance_Park) in [Louisville, Kentucky](/source/Louisville%2C_Kentucky), which led to GE's installation of a [UNIVAC I](/source/UNIVAC_I) computer and printer, believed to be the first commercial use of a computer in the United States.[5][6]

### Split from Arthur Andersen and renaming, 1989–2001

In 1989, Arthur Andersen and Andersen Consulting became separate units of [Andersen Worldwide](/source/Andersen_Worldwide) Société Coopérative (AWSC), a Swiss coordinating entity. Throughout the 1990s, tensions grew between the two units. Andersen Consulting was paying Arthur Andersen up to 15% of its profits each year (a provision of the 1989 split was that the more profitable unit – whether AA or AC – pays the other 15 percent), while at the same time Arthur Andersen was competing with Andersen Consulting through its own newly established business consulting service line called Arthur Andersen Business Consulting. This dispute came to a head in 1998, when Andersen Consulting put the 15% transfer payment for that year and future years into escrow and issued a claim for breach of contract against AWSC and Arthur Andersen. In 2000, as a result of arbitration, Andersen Consulting broke all contractual ties with AWSC and Arthur Andersen. As part of the arbitration settlement, Andersen Consulting paid $1.2 billion to Arthur Andersen.[7]

On 1 January 2001, Andersen Consulting adopted the name "Accenture". The word "Accenture" was derived from "Accent on the future". The name "Accenture" was submitted by Kim Petersen, a Danish employee from the company's [Oslo, Norway](/source/Oslo%2C_Norway) office. Petersen hoped that the name would not be offensive in any country in which Accenture operates, because the word itself was meaningless.[8]

### Incorporation and public listing, 2001–2009

Accenture was [incorporated in Bermuda](/source/Bermuda#Finance) in 2001. On 19 July 2001, Accenture's [initial public offering](/source/Initial_public_offering) (IPO) was priced at $14.50 per share, and the shares began trading on the [New York Stock Exchange](/source/New_York_Stock_Exchange).[9] Because of the split from Andersen, Accenture avoided prosecution on June 16, 2002, when the [U.S. Securities and Exchange Commission](/source/U.S._Securities_and_Exchange_Commission) prosecuted Arthur Andersen for [obstructing justice](/source/Obstructing_justice) and [accounting fraud](/source/Accounting_fraud) in the supreme court case [Arthur Andersen LLP v. United States](/source/Arthur_Andersen_LLP_v._United_States) around the [Enron scandal](/source/Enron_scandal).[10]

### Reincorporation in Ireland, 2009 until present

On 26 May 2009, Accenture announced that its board of directors had unanimously approved changing the company's place of incorporation from Bermuda to Ireland.[11]

Since 2013, Accenture has [acquired over 200 companies](/source/List_of_acquisitions_by_Accenture).[12]

Accenture has been a strategic partner of The [Alan Turing Institute](/source/Alan_Turing_Institute) since 2017.[13]

In January 2026, the company announced the acquisition of [Faculty](/source/Faculty_(company)), a UK-based [artificial intelligence](/source/Artificial_intelligence) company, in a deal that values the company at $1 billion.[14]

In March 2026, Accenture agreed to acquire [Ookla](/source/Ookla), a Seattle-based network intelligence company known for [Speedtest](/source/Speedtest) and [Downdetector](/source/Downdetector), from [Ziff Davis](/source/Ziff_Davis) for $1.2 billion.[15]

## Services and operations

Accenture's business is organized into five segments:[16]

1. Strategy and Consulting

1. Technology

1. Operations

1. Accenture Song (formerly Interactive)[17]

1. Industry X

The company provides services to clients across various industries, including communications, media and technology, financial services, healthcare, public services, consumer products, and resources.[18]

In June 2025, Accenture announced a change to their growth model, unifying four of its major services (Strategy, Consulting, Song, and Operations) under a new business unit to be named 'Reinvention Services', with each pillar receiving its own group chief executive. Industry X remains separate to the new Reinvention Services unit.[19]

It is listed in the 211th place in Fortune Global 500 as of January 2026.[20]

## Corporate affairs

### Leadership

CEO Sweet in 2019.

- [Joe Forehand](/source/Joe_Forehand) (1999–2004)[21]

- [William D. Green](/source/William_D._Green) (2004–2011)[22]

- [Pierre Nanterme](/source/Pierre_Nanterme) (2011–2019)[23][24]

- David Rowland (2019, interim CEO)[25]

- [Julie Sweet](/source/Julie_Sweet) (2019–present)[26]

### Employees

As of 2024[\[update\]](https://en.wikipedia.org/w/index.php?title=Accenture&action=edit), Accenture reported having approximately 774,000 employees.[27] In September 2025, the company announced plans on lay off employees who can not be trained on artificial intelligence skills.[4]

### Finances

The financial results were as follows:[28]

Year Revenue (billion US$) Net income (billion US$) Total assets (billion US$) Employees Ref. 2013 30.394 3.282 16.867 275,000 [29] 2014 31.875 2.941 17.930 305,000 [30] 2015 32.914 3.054 18.203 358,000 [31] 2016 34.798 4.112 20.609 384,000 [32] 2017 36.765 3.445 22.690 425,000 [33] 2018 41.603 4.060 24.449 459,000 [34] 2019 43.215 4.779 29.789 505,000 [35] 2020 44.327 5.107 37.078 506,000 [36] 2021 50.533 5.906 43.175 624,000 [37] 2022 61.594 6.989 47.263 721,000 [38] 2023 64.111 7.003 51.245 733,000 [39] 2024 64.896 7.419 55.932 774,000 [27] 2025 69.673 7.832 65.394 779,000 [2]

Accenture, which went public in 2001, generated total returns (including dividends) of approximately 370% between 2015 and 2024, more than the [S&P 500 index](/source/S%26P_500_index) itself, [Goldman Sachs](/source/Goldman_Sachs), etc.[40]

## Controversies

### Incorporation in a tax haven

In October 2002, the Congressional [General Accounting Office](/source/Government_Accountability_Office) (GAO) identified Accenture as one of four publicly traded [federal contractors](/source/Federal_contractor) that were incorporated in a [tax haven](/source/Tax_haven).[41] The other three, unlike Accenture, were incorporated in the United States before they re-incorporated in a tax haven, thereby lowering their US taxes. Critics such as former [CNN](/source/CNN) journalist [Lou Dobbs](/source/Lou_Dobbs),[42] reported Accenture's decision to incorporate in Bermuda was a US [tax avoidance](/source/Tax_avoidance) ploy, because they viewed Accenture as having been a US-based company.[43] The GAO itself did not characterize Accenture as having been a US-based company; it stated that "prior to incorporating in Bermuda, Accenture was operating as a series of related partnerships and corporations under the control of its partners through the mechanism of contracts with a Swiss coordinating entity."[44]

In 2009 Accenture shifted its incorporation to Ireland.[45]

### UK NHS technology project

Accenture engaged in an [IT overhaul project](/source/NHS_Connecting_for_Health) for the [British](/source/United_Kingdom) [National Health Service](/source/National_Health_Service) (NHS) in 2003, making headlines when it withdrew from the contract in 2006 over disputes related to delays and cost overruns.[46] The government of the [United Kingdom](/source/United_Kingdom) ultimately abandoned the project five years later for the same reasons.[47]

### US immigration

In June 2018, Accenture was asked to recruit 7,500 [U.S. Customs and Border Protection](/source/U.S._Customs_and_Border_Protection) officers. Under the $297 million contract, Accenture had been charging the US Government nearly $40,000 per hire, which was more than the annual salary of the average officer.[48] According to a report published by the DHS Office of Inspector General in December 2018, Accenture had been paid $13.6M through the first ten months of the contract. They had hired two agents against a contract goal of 7,500 hires over five years. The report was issued as a 'management alert', indicating an issue requiring immediate attention, stating that "Accenture has already taken longer to deploy and delivered less capability than promised".[49] The contract was terminated in 2019.[50]

### Working conditions

In February 2019, [contractors](/source/Independent_contractor) from Accenture's [Austin, Texas](/source/Austin%2C_Texas), location who performed [content moderation](/source/Content_moderation) tasks for [Facebook](/source/Facebook) wrote an [open letter](/source/Open_letter) to Facebook describing poor working conditions and a "[Big Brother](/source/Big_Brother_(Nineteen_Eighty-Four)) environment" that included restricted [work breaks](/source/Break_(work)) and strict [non-disclosure agreements](/source/Non-disclosure_agreement).[51][52][53] A counselor in the Austin office stated that the content moderators could develop [post-traumatic stress disorder](/source/Post-traumatic_stress_disorder) as a result of the work, which included evaluating videos and images containing [graphic violence](/source/Graphic_violence), [hate speech](/source/Hate_speech), [animal abuse](/source/Animal_abuse), and [child abuse](/source/Child_abuse).[52][54] Accenture issued a statement saying the company offers opportunities for moderators to advance, increase their wages, and provide input "to help shape their experience."[52][55]

In February 2025, [Vice News](/source/Vice_News) spoke to a former Accenture employee under the condition of anonymity. His project on the [WhatsApp](/source/WhatsApp) team for [Meta](/source/Meta_Platforms) required him to sift through images and decide whether or not they depicted [child sexual abuse](/source/Child_sexual_abuse), which he coped with "through a lot of [substance abuse](/source/Substance_abuse)". The former employee claimed to have witnessed multiple missed opportunities to protect children, and alleged that one colleague had previously been arrested for possessing child abuse materials. In a statement, Accenture said they are "committed to helping companies keep their platforms safe through services such as content, advertising, and compliance reviews".[56]

### Tax practices

In February 2019, Accenture paid $200 million to Swiss authorities over tax claims related to transfer pricing arrangements.[57]

### Data breach

In August 2021, Accenture confirmed a data breach resulting from a ransomware attack, which reportedly led to the theft of approximately six terabytes of data.[58]

### Employment practices

In March 2023, Accenture announced plans to eliminate 19,000 jobs of the 738,000 employees over 18 months, citing reduced revenue forecasts.[59]

In February 2025, Accenture made significant changes to its [diversity, equity, and inclusion](/source/Diversity%2C_equity%2C_and_inclusion) policies, including the discontinuation of global employee representation goals and specific demographic-focused career development programs. The company also paused participation in external diversity benchmarking surveys and reevaluated their external partnerships.[60] According to media analysis, this was to comply with [President Trump](/source/Donald_Trump)'s [Executive Order 14151](/source/Executive_Order_14151) to avoid losing billions of dollars of work with [US federal agencies](/source/List_of_federal_agencies_in_the_United_States).[61]

## Notable people

See also: [Category:Accenture people](https://en.wikipedia.org/wiki/Category:Accenture_people)

## See also

- [List of acquisitions by Accenture](/source/List_of_acquisitions_by_Accenture)

## References

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## External links

Wikimedia Commons has media related to [Accenture](https://commons.wikimedia.org/wiki/Category:Accenture).

- [Official website](https://www.accenture.com/)

- Business data for Accenture plc: - [Google](https://www.google.com/finance/quote/ACN:NYSE) - [SEC filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1467373) - [Yahoo!](https://finance.yahoo.com/quote/ACN)

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