ACN Accenture Plc

Risks

• 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.
• 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.
• 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.
• We could face legal, reputational and financial risks if we fail to protect client and/or Accenture data from security breaches or cyberattacks.
• The markets in which we operate are highly competitive, and we might not be able to compete effectively.
• 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.
• 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 results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates.
• As a result of our geographically diverse operations and our growth strategy to continue to expand in our key markets around the world, we are more susceptible to certain risks.
• Our business could be materially adversely affected if we incur legal liability.
• Our work with government clients exposes us to additional risks inherent in the government contracting environment.
• If we are unable to manage the organizational challenges associated with our size, we might be unable to achieve our business objectives.
• Our ability to attract and retain business and employees may depend on our reputation in the marketplace.
• 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 might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses.
• 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 results of operations and share price could be adversely affected if we are unable to maintain effective internal controls.
• 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.
• Many of our contracts include fees subject to the attainment of targets or specific service levels. This could increase the variability of our revenues and impact our margins.
• 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 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.
• Irish law differs from the laws in effect in the United States and might afford less protection to shareholders.