Income Tax Expense (Benefit)
Effective Income Tax Rate (EITR)
Components of Deferred Tax Assets and Liabilities
Deferred Tax Assets and Liabilities, Classification
Adjustments to Financial Statements: Removal of Deferred Taxes
Adjusted Financial Ratios: Removal of Deferred Taxes (Summary)
Adjusted Net Profit Margin
Adjusted Total Asset Turnover
Adjusted Financial Leverage
Adjusted Return on Equity (ROE)
Adjusted Return on Assets (ROA)

Accenture PLC, income tax expense (benefit), continuing operations

US$ in thousands

12 months ended:	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
U.S. federal	408,281)	422,435)	298,685)	218,064)	99,280)	159,578)
U.S. state and local	173,024)	220,043)	152,862)	95,662)	26,425)	86,113)
Non-U.S.	1,792,809)	1,762,277)	1,968,954)	1,395,915)	1,292,362)	1,256,225)
Current tax expense	2,374,114)	2,404,755)	2,420,501)	1,709,641)	1,418,067)	1,501,916)
U.S. federal	(154,553)	(334,942)	(202,318)	7,767)	21,532)	(143,217)
U.S. state and local	(55,141)	(63,098)	(48,597)	(5,400)	8,525)	(39,588)
Non-U.S.	115,706)	129,087)	37,621)	58,563)	140,894)	86,445)
Deferred tax expense (benefit)	(93,988)	(268,953)	(213,294)	60,930)	170,951)	(96,360)
Income tax expense	2,280,126)	2,135,802)	2,207,207)	1,770,571)	1,589,018)	1,405,556)

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

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Item	Description	The company
Current tax expense	Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations.	Accenture PLC current tax expense decreased from 2022 to 2023 and from 2023 to 2024.
Deferred tax expense (benefit)	Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.	Accenture PLC deferred tax expense (benefit) decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Income tax expense	Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.	Accenture PLC income tax expense decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Accenture PLC, effective income tax rate (EITR) reconciliation

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
U.S. federal statutory income tax rate	21.00%	21.00%	21.00%	21.00%	21.00%	21.00%
U.S. state and local taxes, net	0.90%	1.30%	1.10%	1.20%	1.70%	1.50%
Non-U.S. operations taxed at other rates	1.00%	1.40%	0.80%	1.10%	0.70%	1.10%
Final determinations	-1.20%	-1.00%	-0.90%	-1.70%	-1.90%	-3.40%
Other net activity in unrecognized tax benefits	2.70%	3.20%	3.00%	2.80%	2.40%	3.20%
Excess tax benefits from share based payments	-1.00%	-1.30%	-3.00%	-2.10%	-1.90%	-1.20%
Foreign-derived intangible income deduction	-1.50%	-2.30%	-1.10%	-0.90%	0.00%	0.00%
Other, net	1.60%	1.10%	3.10%	1.40%	1.50%	0.30%
Effective income tax rate	23.50%	23.40%	24.00%	22.80%	23.50%	22.50%

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

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Item	Description	The company
Effective income tax rate	Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.	Accenture PLC effective income tax rate decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.

Accenture PLC, components of deferred tax assets and liabilities

US$ in thousands

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Pensions	542,749)	518,782)	501,475)	474,934)	443,231)	446,920)
Compensation and benefits	756,863)	909,894)	930,284)	726,430)	574,349)	623,986)
Share-based compensation	558,772)	518,126)	436,740)	355,157)	334,061)	292,045)
Tax credit carryforwards	1,481,510)	1,380,841)	940,640)	915,382)	659,835)	527,748)
Net operating loss carryforwards	287,818)	172,690)	180,610)	196,611)	159,506)	175,196)
Deferred amortization deductions	788,681)	842,471)	852,513)	857,441)	828,098)	793,084)
Indirect effects of unrecognized tax benefits	399,504)	315,145)	356,841)	285,768)	279,105)	302,093)
Licenses and other intangibles	866,606)	1,089,720)	1,322,464)	1,533,152)	1,752,612)	1,964,506)
Leases	771,755)	715,393)	759,399)	704,200)	729,787)	—)
Capitalized research costs	667,999)	363,135)	—)	—)	—)	—)
Other	858,875)	657,346)	477,143)	426,565)	396,170)	330,014)
Deferred tax assets	7,981,132)	7,483,543)	6,758,109)	6,475,640)	6,156,754)	5,455,592)
Valuation allowance	(1,618,414)	(1,480,678)	(1,056,022)	(1,001,245)	(757,799)	(606,765)
Deferred tax assets, net of valuation allowance	6,362,718)	6,002,865)	5,702,087)	5,474,395)	5,398,955)	4,848,827)
Pensions	(162,221)	(205,411)	(146,553)	(28,449)	—)	—)
Investments in subsidiaries	(243,796)	(176,539)	(162,873)	(142,635)	(169,752)	(182,186)
Intangibles	(826,078)	(647,477)	(581,105)	(480,588)	(298,181)	(234,098)
Leases	(677,569)	(625,190)	(687,428)	(648,419)	(669,005)	—)
Other	(734,403)	(588,650)	(441,512)	(410,810)	(288,574)	(216,311)
Deferred tax liabilities	(2,644,067)	(2,243,267)	(2,019,471)	(1,710,901)	(1,425,512)	(632,595)
Net deferred tax assets (liabilities)	3,718,651)	3,759,598)	3,682,616)	3,763,494)	3,973,443)	4,216,232)

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

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Item	Description	The company
Deferred tax assets	Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.	Accenture PLC deferred tax assets increased from 2022 to 2023 and from 2023 to 2024.
Deferred tax assets, net of valuation allowance	Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.	Accenture PLC deferred tax assets, net of valuation allowance increased from 2022 to 2023 and from 2023 to 2024.
Net deferred tax assets (liabilities)	Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting.	Accenture PLC net deferred tax assets (liabilities) increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.

Accenture PLC, deferred tax assets and liabilities, classification

US$ in thousands

		Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
	Deferred tax assets	4,147,496)	4,154,878)	4,001,200)	4,007,130)	4,153,146)	4,349,464)
	Deferred tax liabilities	428,845)	395,280)	318,584)	243,636)	179,703)	133,232)

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

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Item	Description	The company
Deferred tax assets	Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting and classified as noncurrent.	Accenture PLC deferred tax assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Deferred tax liabilities	Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent.	Accenture PLC deferred tax liabilities increased from 2022 to 2023 and from 2023 to 2024.

Accenture PLC, adjustments to financial statements

US$ in thousands

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Adjustment to Total Assets
Total assets (as reported)	55,932,363)	51,245,305)	47,263,390)	43,175,843)	37,078,593)	29,789,880)
Less: Noncurrent deferred tax assets, net	4,147,496)	4,154,878)	4,001,200)	4,007,130)	4,153,146)	4,349,464)
Total assets (adjusted)	51,784,867)	47,090,427)	43,262,190)	39,168,713)	32,925,447)	25,440,416)
Adjustment to Total Liabilities
Total liabilities (as reported)	26,764,115)	24,786,712)	24,516,302)	23,078,729)	19,579,420)	14,962,189)
Less: Noncurrent deferred tax liabilities, net	428,845)	395,280)	318,584)	243,636)	179,703)	133,232)
Total liabilities (adjusted)	26,335,270)	24,391,432)	24,197,718)	22,835,093)	19,399,717)	14,828,957)
Adjustment to Total Accenture Plc Shareholders’ Equity
Total Accenture plc shareholders’ equity (as reported)	28,288,646)	25,692,839)	22,106,097)	19,529,454)	17,000,536)	14,409,008)
Less: Net deferred tax assets (liabilities)	3,718,651)	3,759,598)	3,682,616)	3,763,494)	3,973,443)	4,216,232)
Total Accenture plc shareholders’ equity (adjusted)	24,569,995)	21,933,241)	18,423,481)	15,765,960)	13,027,093)	10,192,776)
Adjustment to Net Income Attributable To Accenture Plc
Net income attributable to Accenture plc (as reported)	7,264,787)	6,871,557)	6,877,169)	5,906,809)	5,107,839)	4,779,112)
Add: Deferred income tax expense (benefit)	(93,988)	(268,953)	(213,294)	60,930)	170,951)	(96,360)
Net income attributable to Accenture plc (adjusted)	7,170,799)	6,602,604)	6,663,875)	5,967,739)	5,278,790)	4,682,752)

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

Accenture PLC, Financial Data: Reported vs. Adjusted

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Accenture PLC, adjusted financial ratios

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Net Profit Margin
Reported net profit margin	11.19%	10.72%	11.17%	11.69%	11.52%	11.06%
Adjusted net profit margin	11.05%	10.30%	10.82%	11.81%	11.91%	10.84%
Total Asset Turnover
Reported total asset turnover	1.16	1.25	1.30	1.17	1.20	1.45
Adjusted total asset turnover	1.25	1.36	1.42	1.29	1.35	1.70
Financial Leverage
Reported financial leverage	1.98	1.99	2.14	2.21	2.18	2.07
Adjusted financial leverage	2.11	2.15	2.35	2.48	2.53	2.50
Return on Equity (ROE)
Reported ROE	25.68%	26.75%	31.11%	30.25%	30.05%	33.17%
Adjusted ROE	29.19%	30.10%	36.17%	37.85%	40.52%	45.94%
Return on Assets (ROA)
Reported ROA	12.99%	13.41%	14.55%	13.68%	13.78%	16.04%
Adjusted ROA	13.85%	14.02%	15.40%	15.24%	16.03%	18.41%

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

Financial ratio	Description	The company
Adjusted net profit margin	An indicator of profitability, calculated as adjusted net income divided by total revenue.	Accenture PLC adjusted net profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.
Adjusted total asset turnover	An activity ratio calculated as total revenue divided by adjusted total assets.	Accenture PLC adjusted total asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.
Adjusted financial leverage	A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity. Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.	Accenture PLC adjusted financial leverage ratio decreased from 2022 to 2023 and from 2023 to 2024.
Adjusted ROE	A profitability ratio calculated as adjusted net income divided by adjusted shareholders’ equity.	Accenture PLC adjusted ROE deteriorated from 2022 to 2023 and from 2023 to 2024.
Adjusted ROA	A profitability ratio calculated as adjusted net income divided by adjusted total assets.	Accenture PLC adjusted ROA deteriorated from 2022 to 2023 and from 2023 to 2024.

Accenture PLC, Financial Ratios: Reported vs. Adjusted

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	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
As Reported
Selected Financial Data (US$ in thousands)
Net income attributable to Accenture plc	7,264,787)	6,871,557)	6,877,169)	5,906,809)	5,107,839)	4,779,112)
Revenues	64,896,464)	64,111,745)	61,594,305)	50,533,389)	44,327,039)	43,215,013)
Profitability Ratio
Net profit margin¹	11.19%	10.72%	11.17%	11.69%	11.52%	11.06%
Adjusted for Deferred Taxes
Selected Financial Data (US$ in thousands)
Adjusted net income attributable to Accenture plc	7,170,799)	6,602,604)	6,663,875)	5,967,739)	5,278,790)	4,682,752)
Revenues	64,896,464)	64,111,745)	61,594,305)	50,533,389)	44,327,039)	43,215,013)
Profitability Ratio
Adjusted net profit margin²	11.05%	10.30%	10.82%	11.81%	11.91%	10.84%

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

2024 Calculations

¹ Net profit margin = 100 × Net income attributable to Accenture plc ÷ Revenues
= 100 × 7,264,787 ÷ 64,896,464 = 11.19%

² Adjusted net profit margin = 100 × Adjusted net income attributable to Accenture plc ÷ Revenues
= 100 × 7,170,799 ÷ 64,896,464 = 11.05%

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Profitability ratio	Description	The company
Adjusted net profit margin	An indicator of profitability, calculated as adjusted net income divided by total revenue.	Accenture PLC adjusted net profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
As Reported
Selected Financial Data (US$ in thousands)
Revenues	64,896,464)	64,111,745)	61,594,305)	50,533,389)	44,327,039)	43,215,013)
Total assets	55,932,363)	51,245,305)	47,263,390)	43,175,843)	37,078,593)	29,789,880)
Activity Ratio
Total asset turnover¹	1.16	1.25	1.30	1.17	1.20	1.45
Adjusted for Deferred Taxes
Selected Financial Data (US$ in thousands)
Revenues	64,896,464)	64,111,745)	61,594,305)	50,533,389)	44,327,039)	43,215,013)
Adjusted total assets	51,784,867)	47,090,427)	43,262,190)	39,168,713)	32,925,447)	25,440,416)
Activity Ratio
Adjusted total asset turnover²	1.25	1.36	1.42	1.29	1.35	1.70

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

2024 Calculations

¹ Total asset turnover = Revenues ÷ Total assets
= 64,896,464 ÷ 55,932,363 = 1.16

² Adjusted total asset turnover = Revenues ÷ Adjusted total assets
= 64,896,464 ÷ 51,784,867 = 1.25

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Activity ratio	Description	The company
Adjusted total asset turnover	An activity ratio calculated as total revenue divided by adjusted total assets.	Accenture PLC adjusted total asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
As Reported
Selected Financial Data (US$ in thousands)
Total assets	55,932,363)	51,245,305)	47,263,390)	43,175,843)	37,078,593)	29,789,880)
Total Accenture plc shareholders’ equity	28,288,646)	25,692,839)	22,106,097)	19,529,454)	17,000,536)	14,409,008)
Solvency Ratio
Financial leverage¹	1.98	1.99	2.14	2.21	2.18	2.07
Adjusted for Deferred Taxes
Selected Financial Data (US$ in thousands)
Adjusted total assets	51,784,867)	47,090,427)	43,262,190)	39,168,713)	32,925,447)	25,440,416)
Adjusted total Accenture plc shareholders’ equity	24,569,995)	21,933,241)	18,423,481)	15,765,960)	13,027,093)	10,192,776)
Solvency Ratio
Adjusted financial leverage²	2.11	2.15	2.35	2.48	2.53	2.50

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

2024 Calculations

¹ Financial leverage = Total assets ÷ Total Accenture plc shareholders’ equity
= 55,932,363 ÷ 28,288,646 = 1.98

² Adjusted financial leverage = Adjusted total assets ÷ Adjusted total Accenture plc shareholders’ equity
= 51,784,867 ÷ 24,569,995 = 2.11

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Solvency ratio	Description	The company
Adjusted financial leverage	A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity. Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.	Accenture PLC adjusted financial leverage ratio decreased from 2022 to 2023 and from 2023 to 2024.

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
As Reported
Selected Financial Data (US$ in thousands)
Net income attributable to Accenture plc	7,264,787)	6,871,557)	6,877,169)	5,906,809)	5,107,839)	4,779,112)
Total Accenture plc shareholders’ equity	28,288,646)	25,692,839)	22,106,097)	19,529,454)	17,000,536)	14,409,008)
Profitability Ratio
ROE¹	25.68%	26.75%	31.11%	30.25%	30.05%	33.17%
Adjusted for Deferred Taxes
Selected Financial Data (US$ in thousands)
Adjusted net income attributable to Accenture plc	7,170,799)	6,602,604)	6,663,875)	5,967,739)	5,278,790)	4,682,752)
Adjusted total Accenture plc shareholders’ equity	24,569,995)	21,933,241)	18,423,481)	15,765,960)	13,027,093)	10,192,776)
Profitability Ratio
Adjusted ROE²	29.19%	30.10%	36.17%	37.85%	40.52%	45.94%

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

2024 Calculations

¹ ROE = 100 × Net income attributable to Accenture plc ÷ Total Accenture plc shareholders’ equity
= 100 × 7,264,787 ÷ 28,288,646 = 25.68%

² Adjusted ROE = 100 × Adjusted net income attributable to Accenture plc ÷ Adjusted total Accenture plc shareholders’ equity
= 100 × 7,170,799 ÷ 24,569,995 = 29.19%

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Profitability ratio	Description	The company
Adjusted ROE	A profitability ratio calculated as adjusted net income divided by adjusted shareholders’ equity.	Accenture PLC adjusted ROE deteriorated from 2022 to 2023 and from 2023 to 2024.

	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
As Reported
Selected Financial Data (US$ in thousands)
Net income attributable to Accenture plc	7,264,787)	6,871,557)	6,877,169)	5,906,809)	5,107,839)	4,779,112)
Total assets	55,932,363)	51,245,305)	47,263,390)	43,175,843)	37,078,593)	29,789,880)
Profitability Ratio
ROA¹	12.99%	13.41%	14.55%	13.68%	13.78%	16.04%
Adjusted for Deferred Taxes
Selected Financial Data (US$ in thousands)
Adjusted net income attributable to Accenture plc	7,170,799)	6,602,604)	6,663,875)	5,967,739)	5,278,790)	4,682,752)
Adjusted total assets	51,784,867)	47,090,427)	43,262,190)	39,168,713)	32,925,447)	25,440,416)
Profitability Ratio
Adjusted ROA²	13.85%	14.02%	15.40%	15.24%	16.03%	18.41%

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

2024 Calculations

¹ ROA = 100 × Net income attributable to Accenture plc ÷ Total assets
= 100 × 7,264,787 ÷ 55,932,363 = 12.99%

² Adjusted ROA = 100 × Adjusted net income attributable to Accenture plc ÷ Adjusted total assets
= 100 × 7,170,799 ÷ 51,784,867 = 13.85%

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Profitability ratio	Description	The company
Adjusted ROA	A profitability ratio calculated as adjusted net income divided by adjusted total assets.	Accenture PLC adjusted ROA deteriorated from 2022 to 2023 and from 2023 to 2024.

Accenture PLC (NYSE:ACN)

Analysis of Income Taxes

Income Tax Expense (Benefit)

Effective Income Tax Rate (EITR)

Components of Deferred Tax Assets and Liabilities

Deferred Tax Assets and Liabilities, Classification

Adjustments to Financial Statements: Removal of Deferred Taxes

Accenture PLC, Financial Data: Reported vs. Adjusted

Adjusted Financial Ratios: Removal of Deferred Taxes (Summary)

Accenture PLC, Financial Ratios: Reported vs. Adjusted

Adjusted Net Profit Margin

Adjusted Total Asset Turnover

Adjusted Financial Leverage

Adjusted Return on Equity (ROE)

Adjusted Return on Assets (ROA)