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, 2008
 OR
 o
    
    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: 000-49713  
 ACCENTURE SCA
 (Exact name of registrant as specified in its charter)
 Luxembourg
(State or other jurisdiction of 
incorporation or organization)
    
    98-0351796
(I.R.S. Employer Identification No.)
 46A, Avenue J.F. Kennedy
L-1855 Luxembourg
(Address of principal executive offices)
 (352) 26 42 35 00
(Registrants telephone number, including area code)
   
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  Large accelerated filer o
Accelerated filer o
Non-accelerated filer þ(Do not check if a smaller reporting company)
Smaller reporting company o o þ
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 DOCUMENTS INCORPORATED BY REFERENCE




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TABLE OF CONTENTS
 PagePart IItem 1.
    
    Business
    
    
    3Item 1A.
    
    Risk Factors
    
    
    20Item 1B.
    
    Unresolved Staff Comments
    
    
    32Item 2.
    
    Properties
    
    
    32Item 3.
    
    Legal Proceedings
    
    
    32Item 4.
    
    Submission of Matters to a Vote of Security Holders
    
    
    33Part IIItem 5.
    
    Market for Registrants Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
    
    
    34Item 6.
    
    Selected Financial Data
    
    
    37Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations
    
    
    38Item 7A.
    
    Quantitative and Qualitative Disclosures about Market Risk
    
    
    57Item 8.
    
    Financial Statements and Supplementary Data
    
    
    58Item 9.
    
    Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
    
    
    58Item 9A.
    
    Controls and Procedures
    
    
    58Item 9B.
    
    Other Information
    
    
    59Part IIIItem 10.
    
    Directors, Executive Officers and Corporate Governance
    
    
    60Item 11.
    
    Executive Compensation
    
    
    60Item 12.
    
    Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters
    
    
    60Item 13.
    
    Certain Relationships and Related Transactions, and Director Independence
    
    
    60Item 14.
    
    Principal Accounting Fees and Services
    
    
    61Part IVItem 15.
    
    Exhibits, Financial Statement Schedules
    
    
    61Signatures
    
    
    
    
    64




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PART I
 Disclosure Regarding Forward-Looking Statements
  Available Information
    ITEM 1. BUSINESS
 Overview
    3




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Consulting, Technology and Outsourcing Services and Solutions
    Operating Groups
  Operating GroupsCommunications
    
    Financial& High Tech
    
    Services
    
    Products
    
    Public Service
    
    Resources  Communications
    
      Banking
    
      Automotive
    
      Public Service
    
      Chemicals  Electronics & High Tech
    
      Capital Markets
    
      Consumer Goods & Services
    
    
    
      Energy  Media & Entertainment
    
      Insurance
    
      Health & Life Sciences
    
    
    
      Natural Resources  Industrial Equipment
    
    
    
      Utilities  Retail  Transportation & Travel Services
 Communications & High Tech
  
    
    Communications.Our Communications industry group serves many of the worlds leading
wireline, wireless, cable and satellite communications network operators and service
providers. We provide a wide range of services designed to help our communications clients
increase margins, improve asset utilization, improve customer retention, increase revenues,
reduce overall costs and accelerate sales cycles. We offer a suite of reusable solutions,
called Accenture Communications Solutions, designed to address major business and
operational issues related to broadband and Internet protocol-based networks and
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services, including business intelligence, billing transformation, customer contact
transformation, sales force transformation, service fulfillment and next-generation network
optimization. Our Communications industry group represented approximately 61% of our
Communications & High Tech operating groups net revenues in fiscal 2008.
 
    
    Electronics & High Tech.Our Electronics & High Tech industry group serves the
communications technology, consumer technology, enterprise technology, semiconductor,
software and aerospace/defense segments. This industry group provides services in areas such
as strategy, enterprise resource management, customer relationship management, supply chain
management, software development, human performance, and merger/acquisition activities,
including post-merger integration. We also offer a suite of reusable solutions, called
Accenture High Tech Solutions, designed to address the industrys major business and
operational challenges, such as new product innovation and development, customer service and
support, sales and marketing, and globalization. Our Electronics & High Tech industry group
represented approximately 30% of our Communications & High Tech operating groups net
revenues in fiscal 2008.
    
    Media & Entertainment.Our Media & Entertainment industry group serves the broadcast,
entertainment (television, music and movie), print, publishing and portal industries.
Professionals in this industry group provide a wide range of services, including digital
content solutions designed to help companies effectively manage, distribute and protect
content across numerous media channels. These include Accenture Digital Media Services,
which provide a comprehensive solution set to leading content owners and distributors,
helping them adapt their organizations business processes and systems to stay ahead of the
demand for digital content and services.
 Financial Services
  
    
    Banking.Our Banking industry group works with retail and commercial banks and
diversified financial enterprises. We help these organizations develop and execute
strategies to target, acquire and retain customers more effectively, expand product and
service offerings, comply with new regulatory initiatives, and leverage new technologies and
distribution channels. Our Banking industry group represented approximately 56% of our
Financial Services operating groups net revenues in fiscal 2008.
    
    Capital Markets.Our Capital Markets industry group helps investment banks,
broker/dealers, asset-management firms, depositories, clearing organizations and exchanges
improve operational efficiency and transform their businesses to increase competitiveness.
For example, we help clients develop and implement innovative trading, asset-management and
market-information-management systems and solutions.
    
    Insurance.Our Insurance industry group helps property and casualty insurers, life
insurers, reinsurance firms and insurance brokers improve business processes, modernize
their technologies and improve the quality and consistency of risk selection decisions. Our
Insurance industry group offers a claims management capability that enables insurers to
provide better customer service while optimizing claims costs, as well as industry-leading
insurance policy administration technology solutions that enable insurers to bring products
to market more quickly and reduce costs. We also provide a variety of outsourced solutions
to help insurers improve working capital and cash flow, deliver permanent cost savings and
enhance long-term growth.
 Products
  
    
    Automotive.Our Automotive industry group works with auto manufacturers, suppliers,
dealers, retailers and service providers. Professionals in this industry group help clients
develop and implement innovative solutions focused on product development and
commercialization, customer service and retention, channel strategy and management,
branding, buyer-driven business models, cost reduction, customer relationship management and
integrated supplier partnerships.
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
    
    Consumer Goods & Services.Our Consumer Goods & Services industry group serves food,
beverage, household goods and personal care, tobacco and footwear/apparel manufacturers
around the world. We add value to these companies through service offerings designed to
enhance performance by addressing critical elements of success, including large-scale
enterprise resource planning (ERP) strategy and implementation, sales and marketing
transformation, working-capital productivity improvement, supply chain collaboration and
post-merger integration.
    
    Health & Life Sciences.Our Health & Life Sciences industry group works with healthcare
providers, government health departments, policy-making authorities/regulators, managed care
organizations, health insurers and pharmaceutical, biotechnology, medical products and other
industry-related companies to improve the quality, accessibility and affordability of
healthcare. Our key offerings include health clinical transformation, electronic health
records and hospital back-office services in the provider/government segment; research and
development transformation, commercial effectiveness and customer interaction, and
integrated electronic compliance (manufacturing and supply chain) in the pharmaceuticals and
medical products segment; and health information and data management, claims excellence/cost
containment and health plan back-office services in the payer segment.
    
    Industrial Equipment.Our Industrial Equipment industry group serves the industrial and
electrical equipment, construction, consumer durable and heavy equipment industries. We help
our clients increase operating and supply chain efficiencies by improving processes and
leveraging technology. We also help clients generate value from strategic mergers and
acquisitions. In addition, our Industrial Equipment industry group develops and deploys
innovative solutions in the areas of channel management, collaborative product design,
remote field maintenance, enterprise application integration and outsourcing.
    
    Retail.Our Retail industry group serves a wide spectrum of retailers and distributors,
including supermarkets, specialty premium retailers and large mass-merchandise discounters.
We provide service offerings that help clients address new ways of reaching the retail trade
and consumers through precision marketing; maximize brand synergies and cost reductions in
mergers and acquisitions; improve supply chain efficiencies through collaborative commerce
business models; and enhance the efficiency of internal operations.
    
    Transportation & Travel Services.Our Transportation & Travel Services industry group
serves companies in the airline, freight transportation, third-party logistics, hospitality,
gaming, car rental, passenger rail and travel distribution industries. We help clients
develop and implement strategies and solutions to improve customer relationship management
capabilities, operate more-efficient networks, integrate supply chains, develop procurement
and electronic business marketplace strategies, and more effectively manage maintenance,
repair and overhaul processes and expenses. Through our Navitaire subsidiary, we offer
airlines a range of transaction-processing services on an outsourced basis, including
distribution, Internet reservations, airport check-in, revenue management and accounting,
crew scheduling and management, and disruption recovery.
 Public Service
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Resources
  
    
    Chemicals.Our Chemicals industry group works with a wide cross-section of industry
segments, including petrochemicals, specialty chemicals, polymers and plastics, gases and
life science companies. We also have long-term outsourcing contracts with many industry
leaders.
    
    Energy.Our Energy industry group serves a wide range of companies in the oil and gas
industry, including upstream, downstream and oil services companies. Our key areas of focus
include helping clients optimize production, manage the hydrocarbon supply chain, streamline
retail operations and realize the full potential of third-party enterprise-wide technology
solutions. In addition, our multi-client outsourcing centers enable clients to increase
operational efficiencies and exploit cross-industry synergies. Our Energy industry group
represented approximately 30% of our Resources operating groups net revenues in fiscal
2008.
    
    Natural Resources.Our Natural Resources industry group serves the forest products and
metals and mining industries. We help lumber, pulp, papermaking, converting and packaging
companies, as well as iron, steel, aluminum, coal, copper and precious metals companies,
develop and implement new business strategies, redesign business processes, manage complex
change initiatives, and integrate processes and technologies to achieve higher levels of
performance.
    
    Utilities.Our Utilities industry group works with electric, gas and water utilities
around the world to respond to an evolving and highly competitive marketplace. The groups
work includes helping utilities transform themselves from regulated, and sometimes
state-owned, local entities to international deregulated corporations, as well as developing
diverse products and service offerings to help our clients deliver higher levels of service
to their customers. These offerings include customer relationship management, workforce
enablement, supply chain optimization, and trading and risk management. We also provide a
range of outsourced customer-care services to utilities and retail energy companies in North
America. Our Utilities industry group represented approximately 41% of our Resources
operating groups net revenues in fiscal 2008.
 Growth Platforms
  Management Consulting
  
    
    Customer Relationship Management.The professionals in our Customer Relationship
Management (CRM) service line help companies acquire, develop and retain more profitable
customer relationships. We offer a full range of innovative capabilities that address every
aspect of CRM, including marketing, direct and indirect sales, customer service, field
support and customer
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contact operations. These capabilities include rigorous approaches to improving the return on
marketing investment, methods for building insight into customers purchase habits and service
preferences, tailoring offers and service treatment based upon that insight, and unique
methods of optimizing the quality, cost and revenue impact of sales and service operations. We
use these skills to help our clients accelerate growth, improve marketing and sales
productivity and reduce customer-care coststhus increasing the value of their customer
relationships and enhancing the economic value of their brands.
 
    
    Finance & Performance Management.The professionals in our Finance & Performance
Management service line work with our clients finance and
business-unit executives to
develop financial transaction processing, risk management and business performance reporting
capabilities. Among the services we provide are strategic consulting on the design and
structure of the finance function; the establishment of shared service centers; and the
configuration of enterprise resource planning platforms for streamlining transaction
processing. Our finance capability services also address revenue cycle management, billing,
credit risk and collection effectiveness, electronic invoicing and settlement, tax
processing, lending and debt recovery. Our performance management services address
shareholder value targeting, scorecard and performance metrics development, performance
reporting solutions and applied business analytics to improve profitability. Our
professionals often utilize the resources of Accenture Finance Solutions, one of our
business process outsourcing (BPO) businesses, and work with finance executives to develop
and implement solutions that help them align their companies investments with their
business objectives and establish security relating to the exchange of information to
reporting institutions.
    
    Talent & Organization Performance.The professionals in our Talent & Organization
Performance (formerly known as Human Performance) service line work with clients on a wide
range of talent management, workforce and organizational issues to deliver improved business
and operational results. Our integrated approach and end-to-end capabilities include
services and solutions in organization and change management, human resources (HR)
administration, learning, knowledge management, organizational performance management,
talent management, HR information technology (IT) systems implementation and overall
transformation of key workforces. We help companies and governments improve the efficiency
and effectiveness of their HR services while lowering associated costs; deliver improvements
in employee and workforce performance; and transform organizations through project-,
program- and enterprise-level change management.
    
    Process & Innovation Performance.The Process & Innovation Performance service line,
established in September 2008, helps clients achieve measurable, lasting improvements in
operational performance, innovation performance and growth. Taking an end-to-end,
process-based approach, professionals in this service line help clients address key business
challenges such as complexity management, lean manufacturing and operations, process
innovation, strategic cost reduction and growth through innovation. The service line is
based on the capabilities and offerings that we gained with our 2007 acquisition of George
Group, which specializes in process, operational and business transformation (including Lean
Six Sigma) and innovation strategy.
    
    Strategy.Our Strategy professionals combine their strategy and operations experience to
help our clients turn insights into results at both the enterprise and business-unit level.
With deep skills and capabilities in corporate strategy, corporate restructuring, growth and
innovation strategies, mergers and acquisitions, merger integration, organization strategy,
pricing strategy and profitability assessment, we help clients developand
executepragmatic solutions that transform organizations and drive sustained high
performance.
    
    Supply Chain Management.The professionals in our Supply Chain Management service line
work with clients across a broad range of industries to develop and implement supply chain
and operations strategies that enable profitable growth in new and existing markets. Our
professionals combine global industry expertise and skills in supply chain strategy,
sourcing and procurement, supply chain planning, manufacturing and design, fulfillment and
service management to help organizations achieve high performance. We work with clients to
implement innovative consulting and outsourcing solutions that align operating models to
support business strategies; optimize global operations; support profitable product
launches; and enhance the skills and capabilities of the supply chain workforce.
 Systems Integration and Technology
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Systems Integration
  
    
    Enterprise Solutions and Enterprise Resource Planning.We implement a variety of
application softwareincluding SAP and Oracle, among othersto streamline business
processes, systems and information and help organizations access, manage and exploit
data to make more-informed business decisions. Our skilled professionals provide
planning, implementation, change management and upgrade solutions across the primary
application software product suites that underpin all major business functions.
    
    Industry and Functional Solutions.Accenture provides clients with robust,
large-scale industry and functional solutions based on proprietary reusable assets,
aggregated into industry solutions, such as the Accenture Communications Solutions suite
and the Accenture Revenue Solution suite for tax offices, as well as solutions for major
industry-specific requirements. We also provide specialized services and solutions to
support specific business functions, including finance and planning, customer
relationship management, supply chain and human resource management.
    
    Information Management Services.We provide services to help organizations manage the
full range of their information needs to improve data quality, enhance decision-making
capabilities and meet compliance requirements. Our services include business
intelligence as well as unstructured content management and portals; data management and
data quality solutions; and information architecture development. Our information
management assets complement and are embedded in our industry and functional solutions.
    
    Service-Oriented Architecture.We help CIOs and business leaders use service-oriented
architecture to enable improvement in IT efficiency and a more effective alignment
between business processes and applications. Accenture guides organizations through a
four-phased approach for designing and building flexible IT solutions that enable
business process components to be assembled and used more efficiently to deliver
distinctive business services and capabilities for higher performance.
    
    Custom Solutions.With deep skills and expertise in both J2EE (Java-based) and .NET
technology architectures, we work with clients to develop custom solutions that meet
unique business needs, often using open-source technology products and platforms.
    
    Software as a Service (SaaS).We help clients implement SaaS solutions to meet their
business needs with the added benefits of increasing flexibility and reducing total cost
of ownership. Our services include requirements definition, design, configuration,
testing, change management, data conversion and integration.
    
    Mobility Solutions.We help clients develop solutions that give their workforces
access to key enterprise applicationsincluding online trading and wealth management,
supply chain management, telematics, radio frequency identification, field force
enablement and customer relationship managementthrough mobile devices and/or the
Internet. These solutions enable clients to improve efficiency, lower costs, enhance
differentiation and ensure compliance.
    
    Microsoft Solutions.Together with our alliance partner Microsoft and our Avanade
subsidiary, we develop and deliver cost-efficient, innovative business solutions based
on Microsoft Windows Server and other .NET technologies, leveraging our deep industry
expertise and practical applications of leading-edge technologies.
 Technology Consulting
  
    
    IT Strategy & Transformation.We help CEOs and CIOs link IT investments to business
results and help manage those investments to ensure that planned business impact is
achieved. We also help CIOs transform how IT works, both internally and with business
partners, so that IT is run like a business to deliver high performance.
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
    
    Enterprise Architecture.We provide solutions that integrate IT with business
capabilities to provide a seamless operating environment for organizations. Our
solutions provide a reference point for measuring both IT investment and results,
creating the delivery roadmap that defines how IT systems need to change to drive future
business growth and higher performance.
    
    Infrastructure Consulting.We provide solutions to help organizations optimize their
IT infrastructures while reducing costs. From data center, operations engineering and
enterprise network design and implementation to desktop solutions, our services enable
clients to rationalize, standardize, optimize, secure and transform their IT
infrastructures for improved performance of mission-critical business processes,
applications and end users.
    
    Security Consulting.Our solutions help organizations forge  secure business
environments that enable them to grow their capabilities and become more agile in
response to changing market forces and evolving threats  all without incurring
additional complexity. Working with us, our clients are better able to secure data and
applications, protect identities, address threats and vulnerabilities, and meet
stringent compliance demands while reducing costs and improving efficiency.
    
    Application Portfolio Optimization and Renewal.We specialize in defining and
executing strategies that transform our clients application portfolios into
rationalized, flexible, cost-efficient and reliable assets. Our services and solutions
help clients define and implement innovative approaches to extending the useful life of
legacy applications at a significantly reduced cost compared with replacement, rapidly
turning around non-performing systems and migrating custom solutions written in vintage
languages or hosted on retiring platforms to more modern, sustainable solutions. Our
capabilities combine deeply skilled professionals with a suite of renewal tools that
accelerate and automate the portfolio optimization process.
    
    Digital Solutions.We provide clients with solutions that move more of their business
and internal operations online to improve productivity, manage costs and drive revenue
growth. We work with our clients to help define their online
strategies, improve customer
experiences and identify areas for website optimization. We also help clients
incorporate next-generation digital technologysuch as wikis, blogs, crowd-sourcing and
mash-ups, among othersto create significant opportunities for collaboration and
sharing with their employees, suppliers and customers.
    
    Research & Development.Through Accenture Technology Labsour research and
development organizationwe use new and emerging technologies to develop business
solutions that we believe will be the drivers of our clients growth and enable them to
be first to market with unique capabilities. Key areas of research and development for
clients include information insight, collaboration, biometrics, virtualized
infrastructures, predictive maintenance, Web 2.0, cloud computing and sensor
technologies, among others.
    
    Microsoft Solutions.Together with our alliance partner Microsoft and our Avanade
subsidiary, we design and provide cost-efficient, innovative business solutions based on
Microsoft Windows Server and other .NET technologies, leveraging our deep industry
expertise and practical applications of leading-edge technologies.
 Outsourcing
  Application Outsourcing
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Infrastructure Outsourcing
  
    
    IT spend managementAsset management, as well as managed procurement and technology
spend, to reduce overall IT non-salary spending;
    
    Data center servicesHosting to support development and production environments,
storage services, database management and messaging services;
    
    Service deskHelp desk, single point of contact for support and online portal
services to resolve frontline issues;
    
    Security servicesIdentity management, intrusion and firewall protection, end-user
device and messaging security, and policy and awareness;
    
    Network servicesData and voice network management, optimization and converged
services; and
    
    Workplace servicesLifecycle management for desktops, field services and mobile
devices, and file and print services.
  Business Process Outsourcing
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Global Delivery Model
     Alliances
   Research and Innovation
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Employees
   Competition
  
    
    Off-shore service providers in lower-cost locations, particularly Indian providers, that
offer services similar to those we offer, often at highly competitive prices;
    
    Large multinational providers, including the service arms of large global technology
providers, that offer some or all of the consulting, systems integration and technology, and
outsourcing services that we do;
    
    Niche solution or service providers that compete with us in a specific geographic market,
industry segment or service area, including companies that provide new or alternative
products, services or delivery models; and
    
    Accounting firms that are expanding or re-emphasizing their provision of consulting
services.
  Fortune Fortune
 
    
    skills and capabilities of people;
    
    innovative service and product offerings;
    
    ability to add value;
    
    reputation and client references;
    
    price;
    
    scope of services;
    
    service delivery approach;
    
    technical and industry expertise;
    
    quality of services and solutions;
    
    ability to deliver results on a timely basis;
    
    availability of appropriate resources; and
    
    global reach and scale.
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Intellectual Property
   Organizational Structure
    Accenture SCA Class I Common Shares
   14




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de minimis de minimis de minimis. de minimis
 Accenture SCA Class II and Class III Common Shares
     Accenture Ltd Class A Common Shares and Class X Common Shares
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Accenture Canada Holdings Inc. Exchangeable Shares
  Restrictions on the Transfer of Certain Accenture Shares
 Accenture Ltd Bye-Laws
 Covered Person Transfer Restrictions.
 Current senior executives.
 Former senior executives.
 
    
    Notwithstanding the foregoing, covered persons retiring from Accenture at the age of 50
or older are permitted to transfer covered shares they own on an accelerated basis as
follows:
 Percentage of remainingtransfer restricted sharesAge at retirement
    
    permitted to be transferred56 or older
    
    
    100
    %55
    
    
    87.5
    %54
    
    
    75
    %53
    
    
    62.5
    %52
    
    
    50
    %51
    
    
    37.5
    %50
    
    
    25
    %
 
    
    In addition, a retired senior executive who reaches the age of 56 is permitted to
transfer any covered shares he or she owns. Any remaining shares owned by retiring senior
executives for which transfer restrictions are not released on an accelerated basis will be
eligible to be transferred as if the retiring senior executive continued to be employed by
Accenture.
    
    Covered persons who became disabled before our transition to a corporate structure are
permitted to transfer all of their covered shares. Current and former senior executives who
have become disabled since our transition to a corporate structure are subject to the
general transfer restrictions applicable to employees or, if disabled after the age of 50,
benefit from the accelerated lapses of transfer restrictions applicable to retired senior
executives.
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Term and Amendment.
 Waivers and Adjustments.
 
    
    participate as sellers in underwritten public offerings of common shares and tender and
exchange offers and share purchase programs by Accenture;
    
    transfer covered shares in family or charitable transfers;
    
    transfer covered shares held in employee benefit plans; and
    
    transfer covered shares in particular situations (for example, to immediate family
members and trusts).
  Administration and Resolution of Disputes.
 Articles of Association of Accenture SCA
 General.
 Covered Person Transfer Restrictions.
 Current senior executives.
 Former senior executives.
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Term and Amendment.
 Waivers and Adjustments.
 
    
    participate as sellers in underwritten public offerings of common shares and tender and
exchange offers and share purchase programs by Accenture;
    
    transfer covered shares in family or charitable transfers; and
    
    transfer covered shares in particular situations (for example, to immediate family
members and trusts).
  Other Restrictions.
 Administration and Resolution of Disputes.
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Transfer Schedule
  Total number of Accenture LtdClass A common shares,Accenture SCA Class I commonshares and Accenture CanadaHoldings Inc. exchangeable sharesthat are scheduled to becomeavailable for transfer after givingeffect to waivers2nd Quarter Fiscal 2009
    
    
    5,178,1683rd Quarter Fiscal 2009
    
    
    4,762,6254th Quarter Fiscal 2009
    
    
    4,273,782
  Total number of Accenture LtdClass A common shares,Accenture SCA Class I commonshares and Accenture CanadaHoldings Inc. exchangeable sharesthat are scheduled to becomeavailable for transfer after givingeffect to waivers2nd Quarter Fiscal 2009
    
    
    14,667,8923rd Quarter Fiscal 2009
    
    
    14,668,0604th Quarter Fiscal 2009
    
    
    14,668,321
 Senior Executive Ownership Requirements
 1 2
 Senior Executive Trading Policy
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ITEM 1A. RISK FACTORS
   Risks That Relate to Our Business
 Our results of operations could be adversely affected by economic and political conditions
and the effects of these conditions on our clients businesses and levels of business activity.
  Our results of operations could be negatively affected if we cannot expand and develop our
services and solutions in response to changes in technology and client demand.
  The consulting, systems integration and technology, and outsourcing markets are highly
competitive, and we might not be able to compete effectively.
  
    
    Off-shore service providers in lower-cost locations, particularly Indian providers, that
offer services similar to those we offer, often at highly competitive prices;
    
    Large multinational providers, including the service arms of large global technology
providers, that offer some or all of the consulting, systems integration and technology, and
outsourcing services that we do;
    
    Niche solution or service providers that compete with us in a specific geographic market,
industry segment or service area, including companies that provide new or alternative
products, services or delivery models; and
    
    Accounting firms that are expanding or re-emphasizing their provision of consulting
services.
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Our work with government clients exposes us to additional risks inherent in the government
contracting environment.
  
    
    Government entities typically fund projects through appropriated monies. While these
projects are often planned and executed as multi-year projects, the government entities
usually reserve the right to change the scope of or terminate these projects for lack of
approved funding and at their convenience. Changes in government or political developments
could result in our projects being reduced in scope or terminated altogether.
    
    Government entities often reserve the right to audit our contract costs, including
allocated indirect costs, and conduct inquiries and investigations of our business practices
with respect to our government contracts. If the client finds that the costs are not
reimbursable, then we will not be allowed to bill for them, or the cost must be refunded to
the client if it has already been paid to us. Findings from an audit also may result in our
being required to prospectively adjust previously agreed rates for our work and may affect
our future margins.
    
    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 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, regardless of their adequacy. Additionally, an
allegation of improper activity, even if not proven, could result in adverse publicity and
damage to our reputation and business.
    
    Government contracts, and the proceedings surrounding them, are often subject to more
extensive scrutiny and publicity than contracts with commercial clients. Negative publicity
related to our government contracts, regardless of its accuracy, may further damage our
business by affecting our ability to compete for new contracts.
    
    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 policies and reduced tax revenues can affect the number and
terms of new government contracts signed.
    
    Terms and conditions of government contracts tend to be more onerous and are often more
difficult to negotiate than those for commercial contracts.
  Our business could be adversely affected if our clients are not satisfied with our services.
  21




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##### 



We could be subject to liabilities if our subcontractors or the third parties with whom we
partner cannot deliver their project contributions on time or at all.
  Our results of operations could be adversely affected if our clients terminate their contracts
with us on short notice.
   Outsourcing services are a significant part of our business and subject us to operational and
financial risk.
   22




---



##### 



Our results of operations may be affected by the rate of growth in the use of technology in
business and the type and level of technology spending by our clients.
  Our profitability could suffer if we are not able to maintain favorable pricing rates.
  
    
    our clients perceptions of our ability to add value through our services;
    
    competition;
    
    introduction of new services or products by us or our competitors;
    
    our competitors pricing policies;
    
    our ability to charge higher prices where market demand or the value of our services
justifies it;
    
    our ability to accurately estimate, attain and sustain contract revenues, margins and
cash flows over long contract periods;
    
    procurement practices of clients and their use of third-party advisors;
    
    aggressive use by our competitors of off-shore resources to provide lower-cost service
delivery capabilities; and
    
    general economic and political conditions.
 Our profitability could suffer if we are not able to maintain favorable utilization rates.
  
    
    our ability to transition employees from completed projects to new assignments and to
hire and assimilate new employees;
    
    our ability to forecast demand for our services and thereby maintain an appropriate
headcount in each of our geographies and workforces;
    
    our ability to manage attrition; and
    
    our need to devote time and resources to training, business development, professional
development and other non-chargeable activities.
  23




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##### 



Our business could be negatively affected if we incur legal liability in connection with
providing our solutions and services.
  If our pricing structures do not accurately anticipate the cost and complexity of performing our
work, then our contracts could be unprofitable.
  Many of our contracts utilize performance pricing that links some of our fees to the attainment
of various performance or business targets. This could increase the variability of our revenues
and margins.
  Our alliance relationships may not be successful.
  Our global operations are subject to complex risks, some of which might be beyond our
control.
  24




---



##### 



Our operating results may be adversely affected by fluctuations in foreign currency exchange
rates.
 
    
    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 originally denominated
in other currencies. Declines in the value of other currencies against the U.S. dollar could
cause our consolidated earnings stated in U.S. dollars to be lower than our consolidated
earnings in local currency and could affect our reported results when compared against other
periods. Conversely, increases in the value of other currencies against the U.S. dollar
could cause our consolidated earnings stated in U.S. dollars to be higher than our
consolidated earnings in local currency and could affect our reported results when compared
against other periods. There is no guarantee that our financial results will not be
adversely affected by currency exchange rate fluctuations.
    
    In some countries we could be subject to strict restrictions on the movement of cash and
the exchange of foreign currencies, which could limit our ability to use this cash across
our global operations.
    
    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, against the U.S. dollar could
increase costs for delivery of services at off-shore sites by increasing labor and other
costs that are denominated in local currency, and there can be no assurance that our
contractual provisions or our currency hedging activities would offset this impact. This
could result in a decrease in the profitability of our contracts that are utilizing delivery
center resources.
 International hostilities, terrorist activities, natural disasters and infrastructure
disruptions could prevent us from effectively serving our clients and thus adversely affect our
operating results.
 We could have liability or our reputation could be damaged if we do not protect client data or
information systems or if our information systems are breached.
 We could incur liability or our reputation could be damaged if our provision of services and
solutions to our clients contributes to our clients internal control deficiencies.
 25




---



##### 



Our global operations expose us to numerous and sometimes conflicting legal and regulatory
requirements, and violation of these regulations could harm our business.
   Our profitability could suffer if we are not able to control our costs.
  If we are unable to attract, retain and motivate employees or efficiently utilize their skills,
we might not be able to compete effectively and will not be able to grow our business.
  26




---



##### 



If we are unable to collect our receivables or unbilled services, our results of operations and
cash flows could be adversely affected.
  Our services or solutions could infringe upon the intellectual property rights of others or we
might lose our ability to utilize the intellectual property of others.
   We have only a limited ability to protect our intellectual property rights, which are
important to our success.
   27




---



##### 



New tax legislation or interpretations could lead to an increase in our tax burden.
  Negative publicity related to Bermuda companies such as our general partner, Accenture, could
affect our relationships with our clients.
  If we are unable to manage the organizational challenges associated with our size and expansion,
we might be unable to achieve our business objectives.
  We may not be successful at identifying, acquiring or integrating other businesses or
technologies.
  Consolidation in the industries that we serve could adversely affect our business.
  28




---



##### 



Our ability to attract and retain business may depend on our reputation in the marketplace.
  Risks That Relate to Ownership of Accenture Ltd Class A Common Shares
 The share price of Accenture Ltd Class A common shares and, consequently, the market value of
Accenture SCA Class I common shares, could be adversely affected from time to time by sales, or
the anticipation of future sales, of Class A common shares held by our employees and former
employees or received upon the redemption of Accenture SCA Class I common shares.
  Our current and former employees hold a large number of shares that will become freely tradable in
the periods before and after July 24,     2009
  The Senior Executive Trading Policy might not be effective at limiting the number of shares
sold
  29




---



##### 



The sale of shares issued under Accentures 2001 Share Incentive Plan could have an adverse
effect on Accentures share price
  Calendar Year
    
    Number of Shares2008
    
    
    1,718,4862009
    
    
    16,548,3272010
    
    
    16,979,2772011
    
    
    6,458,2622012 and after
    
    
    12,455,472
  The share price of Accenture Ltd Class A common shares has fluctuated in the past and could
continue to fluctuate, including in response to variability in revenues, operating results and
profitability, and as a result Accentures share price could be difficult to predict.
  
    
    announcements by us or our competitors about developments in our business or prospects;
    
    projections or speculation about our business or that of our competitors by the media or
investment analysts;
    
    changes in macroeconomic or political factors unrelated to our business;
    
    general or industry-specific market conditions or changes in financial markets; and
    
    changes in our revenues, operating results and profitability.
  
    
    seasonality, including number of workdays and holiday and summer vacations;
    
    the business decisions of our clients regarding the use of our services;
    
    periodic differences between our clients estimated and actual levels of business
activity associated with ongoing work;
    
    the stage of completion of existing projects and/or their termination;
    
    our ability to transition employees quickly from completed to new projects;
    
    the introduction of new products or services by us or our competitors;
    
    changes in our pricing policies or those of our competitors;
    
    our ability to manage costs, including those for personnel, travel, support services and
severance;
    
    our ability to maintain an appropriate headcount in each of our workforces;
 
 30




---



##### 




    
    acquisition and integration costs related to possible acquisitions of other businesses;
 
    
    changes in, or the application of changes in, accounting principles or pronouncements
under U.S. generally accepted accounting principles, particularly those related to revenue
recognition;
 
    
    currency exchange rate fluctuations;
 
    
    changes in estimates, accruals or payments of variable compensation to our employees; and
 
    
    global, regional and local economic and political conditions and related risks, including
acts of terrorism.
  The share price of Accenture Ltd Class A common shares could be adversely affected if we are
unable to maintain effective internal controls.
  Accenture SCA is registered in Luxembourg and a significant portion of our assets are 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.
  Luxembourg law differs from the laws in effect in the United States and might afford less
protection to shareholders.
  31




---



##### 



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.
  
    
    take advantage of opportunities, including more rapid expansion;
 
    
    acquire other businesses or technologies;
 
    
    repurchase shares from our shareholders;
 
    
    develop new services and solutions; or
 
    
    respond to competitive pressures.
  ITEM 1B. UNRESOLVED STAFF COMMENTS
  ITEM 2. PROPERTIES
  ITEM 3. LEGAL PROCEEDINGS
   32




---



##### 



ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
  33




---



##### 



PART II
 ITEM 5.
    
    MARKET FOR REGISTRANTS COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES
   Price Range of Accenture Ltd Class A Common Shares
   Price RangeHigh
    
    
    LowFiscal 2007First Quarter
    
    $
    35.17
    
    
    $
    28.28Second Quarter
    
    $
    39.25
    
    
    $
    33.45Third Quarter
    
    $
    41.19
    
    
    $
    34.28Fourth Quarter
    
    $
    44.03
    
    
    $
    37.25Fiscal 2008First Quarter
    
    $
    42.32
    
    
    $
    33.03Second Quarter
    
    $
    38.44
    
    
    $
    31.91Third Quarter
    
    $
    42.04
    
    
    $
    32.42Fourth Quarter
    
    $
    42.00
    
    
    $
    38.02Fiscal 2009First Quarter (through October 13, 2008)
    
    $
    43.04
    
    
    $
    24.76
   Dividend Policy
    34




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##### 



Recent Sales of Unregistered Securities
  Purchases and redemptions of Accenture SCA Class I common shares and Accenture Canada Holdings Inc.
exchangeable shares
  Approximate DollarValue of SharesTotal Number of
    
    
    that May Yet BeShares Purchased as
    
    
    Purchased UnderAverage
    
    
    Part of Publicly
    
    
    PubliclyTotal Number of
    
    
    Price Paid
    
    
    Announced Plans or
    
    
    Announced PlansPeriod
    
    Shares Purchased (1)
    
    
    per Share (2)
    
    
    Programs
    
    
    or Programs (3)Accenture
SCAJune 1, 2008  June 30, 2008Class I common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    July 1, 2008  July 31, 2008Class I common shares
    
    
    13,000,148
    
    
    $
    40.12
    
    
    
    
    
    
    
    August 1, 2008  August 31,
2008Class I common shares
    
    
    1,299,982
    
    
    $
    41.21
    
    
    
    
    
    
    
    TotalClass I common shares (4)
    
    
    14,300,130
    
    
    $
    40.22
    
    
    
    
    
    
    
    Accenture Canada Holdings Inc.June 1, 2008  June 30, 2008Exchangeable shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    July 1, 2008  July 31, 2008Exchangeable shares
    
    
    162,817
    
    
    $
    40.16
    
    
    
    
    
    
    
    August 1, 2008  August 31,
2008Exchangeable shares
    
    
    40,784
    
    
    $
    40.85
    
    
    
    
    
    
    
    TotalExchangeable shares
    
    
    203,601
    
    
    $
    40.30
    
    
    
    
    
    
    
    
 
 (1)
    
    During the fourth quarter of fiscal 2008, we acquired a total of 14,300,130 Accenture SCA
Class I common shares and 203,601 Accenture Canada Holdings Inc. exchangeable shares from
current and former senior executives and their permitted transferees. This includes
acquisitions by means of redemption or purchase, or employee share forfeiture, as applicable.(2)
    
    Average price per share reflects the total cash outlay for the period, divided by the number
of shares acquired, including those acquired by redemption or purchase and any acquired by
means of employee forfeiture.(3)
    
    As of August 31, 2008, Accentures and our aggregate available authorization for share
repurchases and redemptions was $2,503 million, which management has the discretion to use for
purchases under either Accentures publicly announced open-market share purchase program or
the other share purchase programs. To date, the Board of Directors of Accenture has authorized
an aggregate of $11.1 billion for repurchases and redemptions of Accenture Ltd Class A common
shares, Accenture SCA Class I common shares or Accenture Canada Holdings Inc. exchangeable
shares. This includes $3.0 billion authorized on October 25, 2007.(4)
    
    In addition to the amounts included in this table, during the fourth quarter of fiscal
2008, we also redeemed a total of 7,066,139 Accenture SCA Class I common shares from current
and former senior executives and their permitted transferees for which an equivalent number of
Accenture Ltd Class A common shares were issued. See Managements Discussion and Analysis of
Financial Condition and Results of Operations  Liquidity and Capital Resources  Other
Share Redemptions. Purchases and redemptions of Accenture SCA Class II and Class III common shares
  35




---



##### 



Purchases and redemptions of Accenture Ltd Class A common shares and Class X common shares
  Approximate DollarTotal Number of
    
    
    Value of SharesShares Purchased as
    
    
    that May Yet BeAverage
    
    
    Part of Publicly
    
    
    Purchased Under PubliclyTotal Number of
    
    
    Price Paid
    
    
    Announced Plans or
    
    
    Announced PlansPeriod
    
    Shares Purchased
    
    
    per Share (1)
    
    
    Programs (2)
    
    
    or Programs (3)(in millions)June 1, 2008  June 30, 2008Class A common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    $
    3,086Class X common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    July 1, 2008  July 31, 2008Class A common shares
    
    
    656,162
    
    
    $
    38.79
    
    
    
    
    
    
    $
    2,558Class X common shares
    
    
    14,730,993
    
    
    $
    0.0000225
    
    
    
    
    
    
    
    August 1, 2008  August 31,
2008Class A common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    $
    2,503Class X common shares
    
    
    3,286,276
    
    
    $
    0.0000225
    
    
    
    
    
    
    
    TotalClass A common shares (4)
    
    
    656,162
    
    
    $
    38.79
    
    
    
    Class X common shares (5)
    
    
    18,017,269
    
    
    $
    0.0000225
    
    
    
    
 
 (1)
    
    Average price per share reflects the total cash outlay for the period, divided by the number
of shares acquired, including those acquired by redemption or purchase and any acquired by means of employee
forfeiture.(2)
    
    Since August 2001, the Board of Directors of Accenture has authorized and periodically
confirmed a publicly announced open-market share purchase program for acquiring Accenture Ltd
Class A common shares. During the fourth quarter of fiscal 2008, Accenture did not purchase
any Accenture Ltd Class A common shares under this program. The open-market purchase program
does not have an expiration date.(3)
    
    As of August 31, 2008, Accentures and our aggregate available authorization for share
repurchases and redemptions was $2,503 million, which management has the discretion to use for
purchases under either Accentures publicly announced open-market share purchase program or
the other share purchase programs. To
date, the Board of Directors of Accenture has authorized an aggregate of $11.1 billion for
repurchases and redemptions of Accenture Ltd Class A common shares, Accenture SCA Class I common
shares or Accenture Canada Holdings Inc. exchangeable shares. This includes $3.0 billion
authorized on October 25, 2007.(4)
    
    During the fourth quarter of fiscal 2008, Accenture and we purchased 656,162 Accenture Ltd
Class A common shares in transactions unrelated to publicly announced share plans or programs.
These transactions consisted of acquisitions of Accenture Ltd Class A common shares via share
withholding for payroll tax obligations due from employees and former employees in connection
with the delivery of Accenture Ltd Class A common shares under Accentures various employee
equity share plans.(5)
    
    During the fourth quarter of fiscal 2008, Accenture redeemed 18,017,269 Accenture Ltd Class X
common shares pursuant to its bye-laws. Accenture Ltd Class X common shares are redeemable at
their par value of $0.0000225 per share. 36




---



##### 



ITEM 6. SELECTED FINANCIAL DATA
  Year Ended August 31,2008
    
    2007
    
    2006(1)(2)
    
    2005
    
    2004(in millions)Income Statement Data:Revenues before reimbursements
(Net revenues)
    
    $
    23,387
    
    
    $
    19,696
    
    
    $
    16,646
    
    
    $
    15,547
    
    
    $
    13,673Revenues
    
    
    25,314
    
    
    
    21,453
    
    
    
    18,228
    
    
    
    17,094
    
    
    
    15,113Operating income
    
    
    3,012
    
    
    
    2,493
    
    
    
    1,841
    
    
    
    2,111
    
    
    
    1,759Income before minority interest
    
    
    2,197
    
    
    
    1,723
    
    
    
    1,433
    
    
    
    1,509
    
    
    
    1,223Net income
    
    
    2,170
    
    
    
    1,690
    
    
    
    1,414
    
    
    
    1,489
    
    
    
    1,213Dividends per Common Share
    
    
    0.42
    
    
    
    0.35
    
    
    
    0.30
    
    
    
    
    
    
    
    
 
 (1)
    
    Includes the financial impact of the resolution of the NHS matter recorded during fiscal
2006. See Managements Discussion and Analysis of Financial Condition and Results of
OperationsResults of Operations for the Year Ended August 31, 2007 Compared to Year Ended
August 31, 2006.(2)
    
    Includes the impact of the adoption of Statement of Financial Accounting Standards No. 123R,
Share-Based Payment. As of August 31,2008
    
    2007
    
    2006
    
    2005
    
    2004(in millions)Balance Sheet Data:Cash and cash equivalents
    
    $
    3,603
    
    
    $
    3,314
    
    
    $
    3,067
    
    
    $
    2,484
    
    
    $
    2,553Total assets
    
    
    12,399
    
    
    
    10,747
    
    
    
    9,497
    
    
    
    8,957
    
    
    
    8,013Long-term debt, net of current portion
    
    
    2
    
    
    
    3
    
    
    
    27
    
    
    
    44
    
    
    
    32Shareholders equity
    
    
    3,112
    
    
    
    2,717
    
    
    
    2,689
    
    
    
    2,616
    
    
    
    2,375
 37




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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 we, our Company, our and us in this report to refer to Accenture SCA
and its subsidiary companies. Accenture Ltd (Accenture) is the sole general partner of the
Company. All references to years, unless otherwise noted, refer to our fiscal year, which ends on
August 31. For example, a reference to fiscal 2008 means the 12-month period that ended on August
31, 2008. All references to quarters, unless otherwise noted, refer to the quarters of our fiscal
year.
 Overview
        38




---



##### 



39




---



##### 



Bookings and Backlog
    Critical Accounting Policies and Estimates
  Revenue Recognition
  Accounting for Performance of Construction Type and Certain
Production-Type Contracts
 Revenue Recognition in Financial
Statements Revenue Recognition
 40




---



##### 



Accounting for Revenue Arrangements with Multiple Deliverables,
    41




---



##### 



Income Taxes
     Defined Benefit Pension Plans
  Employers Accounting for Defined Benefit Pension
and Other Postretirement Plans, an amendment of FASB Statements No. 87, 106, and 132(R) Employers
Accounting for Pensions,
   42




---



##### 



Pension Benefits2009
    
    2008
    
    2007Non-U.S.
    
    
    
    
    
    Non-U.S.
    
    
    
    
    
    Non-U.S.U.S. Plans
    
    Plans
    
    U.S. Plans
    
    Plans
    
    U.S. Plans
    
    PlansDiscount rate
    
    
    6.75
    %
    
    
    5.45
    %
    
    
    6.25
    %
    
    
    5.08
    %
    
    
    6.50
    %
    
    
    4.68
    %Expected return on plan assets
    
    
    7.50
    %
    
    
    5.86
    %
    
    
    7.50
    %
    
    
    5.97
    %
    
    
    7.50
    %
    
    
    5.67
    %Rate of increase in future compensation
    
    
    4.59
    %
    
    
    3.59
    %
    
    
    4.50
    %
    
    
    3.84
    %
    
    
    4.50
    %
    
    
    3.45
    %
 Discount Rate
   Expected Return on Plan Assets
    43




---



##### 



Revenues by Segment/Operating Group
    44




---



##### 



Results of Operations for the Year Ended August 31, 2008 Compared to Year Ended August 31, 2007
  Percent of TotalPercent
    
    
    Net RevenuesYear Ended
    
    
    Percent
    
    
    Increase
    
    
    for the Year EndedAugust 31,
    
    
    Increase
    
    
    Local
    
    
    August 31,2008
    
    
    2007
    
    
    U.S.$
    
    
    Currency
    
    
    2008
    
    
    2007(in millions)OPERATING GROUPSCommunications &
High Tech
    
    $
    5,450
    
    
    $
    4,600
    
    
    
    18
    %
    
    
    10
    %
    
    
    23
    %
    
    
    23
    %Financial Services
    
    
    5,005
    
    
    
    4,357
    
    
    
    15
    
    
    
    6
    
    
    
    22
    
    
    
    22Products
    
    
    6,069
    
    
    
    4,913
    
    
    
    24
    
    
    
    17
    
    
    
    26
    
    
    
    25Public Service
    
    
    2,871
    
    
    
    2,561
    
    
    
    12
    
    
    
    7
    
    
    
    12
    
    
    
    13Resources
    
    
    3,963
    
    
    
    3,243
    
    
    
    22
    
    
    
    14
    
    
    
    17
    
    
    
    17Other
    
    
    29
    
    
    
    22
    
    
    
    n/m
    
    
    
    n/m
    
    
    
    
    
    
    
    TOTAL Net Revenues
    
    
    23,387
    
    
    
    19,696
    
    
    
    19
    %
    
    
    11
    %
    
    
    100
    %
    
    
    100
    %Reimbursements
    
    
    1,927
    
    
    
    1,757
    
    
    
    10TOTAL REVENUES
    
    $
    25,314
    
    
    $
    21,453
    
    
    
    18
    %GEOGRAPHYAmericas
    
    $
    9,726
    
    
    $
    8,483
    
    
    
    15
    %
    
    
    12
    %
    
    
    42
    %
    
    
    43
    %EMEA
    
    
    11,546
    
    
    
    9,534
    
    
    
    21
    
    
    
    10
    
    
    
    49
    
    
    
    48Asia Pacific
    
    
    2,115
    
    
    
    1,679
    
    
    
    26
    
    
    
    15
    
    
    
    9
    
    
    
    9TOTAL Net Revenues
    
    $
    23,387
    
    
    $
    19,696
    
    
    
    19
    %
    
    
    11
    %
    
    
    100
    %
    
    
    100
    %TYPE OF WORKConsulting
    
    $
    14,117
    
    
    $
    11,856
    
    
    
    19
    %
    
    
    11
    %
    
    
    60
    %
    
    
    60
    %Outsourcing
    
    
    9,270
    
    
    
    7,840
    
    
    
    18
    
    
    
    11
    
    
    
    40
    
    
    
    40TOTAL Net Revenues
    
    $
    23,387
    
    
    $
    19,696
    
    
    
    19
    %
    
    
    11
    %
    
    
    100
    %
    
    
    100
    %
 
 n/m = not meaningful  August 31,2008
    
    2007
    
    2006United States
    
    
    34
    %
    
    
    36
    %
    
    
    39
    %United Kingdom
    
    
    12
    
    
    
    14
    
    
    
    13
 Results of Operations for the Year Ended August 31, 2008 Compared to Year Ended August 31, 2007
 Revenues
  
    
    Communications & High Techs net revenues increased 10% in local currency, driven by
solid consulting and outsourcing growth. The consulting increase was driven by growth in
the EMEA region across all industry groups. The outsourcing increase was led by growth in
our Communications industry group across all geographic regions and in our Electronics &
High Tech industry group in the Asia Pacific region.
 45




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##### 




    
    Financial Services net revenues increased 6% in local currency, primarily due to
outsourcing growth in our Banking industry group across all geographic regions and in our
Insurance and Capital Markets industry groups in the Americas region. Consulting growth in
our Banking and Insurance industry groups in the Americas region and in our Banking
industry group in the Asia Pacific region was offset by a consulting revenue decline in the
EMEA region, principally in our Banking and Capital Markets industry groups. During the
first nine months of fiscal 2008, we recorded modest growth in our Financial Services
consulting business. However, during the fourth quarter of fiscal 2008, we experienced a
slight year over year decline in our consulting business.
    
    Products net revenues increased 17% in local currency, driven by strong consulting and
outsourcing growth across all geographic regions. The consulting growth was led by our
Retail and Health & Life Sciences industry groups in the Americas region and by our
Consumer Goods & Services, Retail and Industrial Equipment industry groups in the EMEA
region. The outsourcing growth was led by our Health & Life Sciences and Consumer Goods &
Services industry groups in the Americas region and by our Consumer Goods & Services,
Automotive and Industrial Equipment industry groups in the EMEA region.
    
    Public Services net revenues increased 7% in local currency, primarily due to consulting
growth across all geographic regions, led by strong growth in the EMEA and Americas
regions, partially offset by an outsourcing decline in the Americas region.
    
    Resources net revenues increased 14% in local currency, primarily driven by strong
consulting growth across all geographic regions, led by our Utilities and Natural Resources
industry groups, and by solid outsourcing growth, led by our Utilities and Energy industry
groups in the Americas region.
    Operating Expenses
  Cost of Services
  Sales and Marketing
  46




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##### 



General and Administrative Costs
  Reorganization Costs (Benefits)
  Operating Income
  Year Ended August 31,2008
    
    
    2007Operating
    
    
    Percent of OG
    
    
    Operating
    
    
    Percent of OG
    
    
    IncreaseIncome
    
    
    Net Revenues
    
    
    Income
    
    
    Net Revenues
    
    
    (Decrease)(in millions)Communications &
High Tech
    
    $
    657
    
    
    
    12
    %
    
    $
    582
    
    
    
    13
    %
    
    $
    75Financial Services
    
    
    661
    
    
    
    13
    
    
    
    491
    
    
    
    11
    
    
    
    170Products
    
    
    864
    
    
    
    14
    
    
    
    669
    
    
    
    14
    
    
    
    195Public Service
    
    
    260
    
    
    
    9
    
    
    
    272
    
    
    
    11
    
    
    
    (12
    )Resources
    
    
    570
    
    
    
    14
    
    
    
    479
    
    
    
    15
    
    
    
    91Total
    
    $
    3,012
    
    
    
    12.9
    %
    
    $
    2,493
    
    
    
    12.7
    %
    
    $
    519
  
    
    Communications & High Tech operating income increased principally due to revenue growth,
partially offset by delivery inefficiencies on a small number of consulting contracts.
    
    Financial Services operating income increased primarily due to outsourcing revenue
growth and improved outsourcing contract margins, partially offset by a decline in contract
margins due to a lower proportion of high-margin consulting contracts. In addition,
operating income for the twelve months ended August 31, 2007 reflects the impact of
delivery inefficiencies on several contracts.
    
    Products operating income increased due to revenue growth, partially offset by lower
outsourcing contract profitability.
    
    Public Service operating income decreased slightly in fiscal 2008. Consulting revenue
growth and improved outsourcing contract margins were more than offset by profitability
challenges, including delivery inefficiencies on a few contracts,
revenue adjustments on certain contracts and higher selling costs associated with business-development
opportunities which fueled strong fourth quarter fiscal 2008 bookings. The fiscal 2007
operating income also reflects asset impairments associated with an outsourcing contract
recorded during the first quarter of fiscal 2007.
 47




---



##### 




    
    Resources operating income increased primarily due to strong revenue growth.
 Gain on Investments, net
  Interest Income
  Other Expense, net
  Provision for Income Taxes
  48




---



##### 



Results of Operations for the Year Ended August 31, 2007 Compared to Year Ended August 31, 2006
  Percent of TotalPercent
    
    
    Net RevenuesYear Ended
    
    
    Percent
    
    
    Increase
    
    
    for the Year EndedAugust 31,
    
    
    Increase
    
    
    Local
    
    
    August 31,2007
    
    
    2006
    
    
    U.S.$
    
    
    Currency
    
    
    2007
    
    
    2006(in millions)OPERATING GROUPSCommunications & High
Tech
    
    $
    4,600
    
    
    $
    4,177
    
    
    
    10
    %
    
    
    5
    %
    
    
    23
    %
    
    
    25
    %Financial Services
    
    
    4,357
    
    
    
    3,558
    
    
    
    22
    
    
    
    16
    
    
    
    22
    
    
    
    22Products (1)
    
    
    4,913
    
    
    
    4,011
    
    
    
    23
    
    
    
    18
    
    
    
    25
    
    
    
    24Public Service (1) (2)
    
    
    2,561
    
    
    
    2,221
    
    
    
    15
    
    
    
    12
    
    
    
    13
    
    
    
    13Resources
    
    
    3,243
    
    
    
    2,666
    
    
    
    22
    
    
    
    17
    
    
    
    17
    
    
    
    16Other
    
    
    22
    
    
    
    13
    
    
    
    n/m
    
    
    
    n/m
    
    
    
    
    
    
    
    TOTAL Net Revenues
    
    
    19,696
    
    
    
    16,646
    
    
    
    18
    %
    
    
    13
    %
    
    
    100
    %
    
    
    100
    %Reimbursements
    
    
    1,757
    
    
    
    1,582
    
    
    
    11TOTAL REVENUES
    
    $
    21,453
    
    
    $
    18,228
    
    
    
    18
    %GEOGRAPHYAmericas
    
    $
    8,483
    
    
    $
    7,741
    
    
    
    10
    %
    
    
    9
    %
    
    
    43
    %
    
    
    46
    %EMEA
    
    
    9,534
    
    
    
    7,644
    
    
    
    25
    
    
    
    16
    
    
    
    48
    
    
    
    46Asia Pacific
    
    
    1,679
    
    
    
    1,261
    
    
    
    33
    
    
    
    28
    
    
    
    9
    
    
    
    8TOTAL Net Revenues
    
    $
    19,696
    
    
    $
    16,646
    
    
    
    18
    %
    
    
    13
    %
    
    
    100
    %
    
    
    100
    %TYPE OF WORKConsulting
    
    $
    11,856
    
    
    $
    9,892
    
    
    
    20
    %
    
    
    15
    %
    
    
    60
    %
    
    
    59
    %Outsourcing
    
    
    7,840
    
    
    
    6,754
    
    
    
    16
    
    
    
    12
    
    
    
    40
    
    
    
    41TOTAL Net Revenues
    
    $
    19,696
    
    
    $
    16,646
    
    
    
    18
    %
    
    
    13
    %
    
    
    100
    %
    
    
    100
    %
 
 n/m = not meaningful(1)
    
    During the second quarter of fiscal 2006, in connection with certain large, long-term
contracts (the NHS Contracts), we recorded a $450 million aggregate loss provision that was
reflected in Cost of services. We later entered into an agreement to transfer to a third party
the majority of our rights and obligations under the NHS Contracts. This agreement resulted in
a $339 million reduction in net revenues in the fourth quarter of fiscal 2006, which was
offset by a $339 million decrease in Cost of services, including a reversal of the remainder
of the loss provision recorded earlier in fiscal 2006. These adjustments were reflected in the
operating results of our Products and Public Service operating groups.(2)
    
    Known as Government prior to September 1, 2007. Revenues
    49




---



##### 



Operating Expenses
  Cost of Services
  Sales and Marketing
  50




---



##### 



General and Administrative Costs
  Reorganization Costs (Benefits)
  Operating Income
   Year Ended August 31,Effect of
    
    
    NetIncrease
    
    
    Reorganization
    
    
    Increase2007
    
    
    2006
    
    
    (Decrease)
    
    
    Benefits (1)
    
    
    (Decrease)(in millions)Communications &
High Tech
    
    $
    582
    
    
    $
    631
    
    
    $
    (49
    )
    
    $
    17
    
    
    $
    (32
    )Financial Services
    
    
    491
    
    
    
    388
    
    
    
    103
    
    
    
    15
    
    
    
    118Products
    
    
    669
    
    
    
    400
    
    
    
    269
    
    
    
    18
    
    
    
    287Public Service
    
    
    272
    
    
    
    83
    
    
    
    189
    
    
    
    11
    
    
    
    200Resources
    
    
    479
    
    
    
    339
    
    
    
    140
    
    
    
    11
    
    
    
    151Total
    
    $
    2,493
    
    
    $
    1,841
    
    
    $
    652
    
    
    $
    72
    
    
    $
    724
 
 (1)
    
    Represents the effect of reorganization benefits recorded during the year ended August 31, 2006.  
    
    Communications & High Tech operating income decreased due to higher compensation costs
and a decline in contract margins due to a lower proportion of high-margin consulting
contracts.
    
    Financial Services operating income increased due to revenue growth, higher utilization
and lower sales and marketing costs as a percentage of net revenues, partially offset by
higher compensation costs and delivery inefficiencies on certain contracts.
    
    Products operating income increased due to strong revenue growth and lower sales and
marketing costs as a percentage of revenue before reimbursements, partially offset by higher
compensation costs. Operating income also increased due to the impact of a $225 million loss
provision associated with the NHS Contracts recorded during the second quarter of fiscal
2006, partially offset by revenue recognized in connection with a contract termination in
our Retail industry group in the EMEA region recorded during the third quarter of fiscal
2006. See footnote (1) to the Net revenues (by operating group, geography and type of work)
and reimbursements table above.
 51




---



##### 




    
    Public Service operating income increased due to the impact of a $225 million loss
provision associated with the NHS Contracts recorded during the second quarter of fiscal
2006. The fiscal 2007 operating income also reflects consulting revenue growth and improved
consulting contract margins, offset by higher compensation costs and asset impairments
associated with an outsourcing contract recorded during the first quarter of fiscal 2007.
See footnote (1) to the Net revenues (by operating group, geography and type of work) and
reimbursements table above.
    
    Resources operating income increased due to strong revenue growth and improved contract
margins, partially offset by higher compensation costs.
  Gain on Investments, net
  Interest Income
  Other Expense
  Provision for Income Taxes
  Liquidity and Capital Resources
  
    
    take advantage of opportunities, including more rapid expansion;
    
    acquire complementary businesses or technologies;
    
    develop new services and solutions;
    
    respond to competitive pressures; or
    
    facilitate purchases, redemptions and exchanges of Accenture shares.
   52




---



##### 



Year Ended August 31,2008 to 20072008
    
    
    2007 (1)
    
    
    2006
    
    
    Change(in millions)Net cash provided by (used in):Operating activities
    
    $
    2,803
    
    
    $
    2,631
    
    
    $
    2,668
    
    
    $
    172Investing activities
    
    
    (324
    )
    
    
    (350
    )
    
    
    (243
    )
    
    
    26Financing activities
    
    
    (2,162
    )
    
    
    (2,128
    )
    
    
    (1,944
    )
    
    
    (34
    )Effect of exchange rate changes on cash
and cash equivalents
    
    
    (29
    )
    
    
    95
    
    
    
    102
    
    
    
    (124
    )Net increase
in cash and cash equivalents (1)
    
    $
    288
    
    
    $
    247
    
    
    $
    583
    
    
    $
    40
 
 (1)
    
    May not total due to rounding. Operating activities:
 Investing activities:
 Financing activities:
  Borrowing Facilities
  BorrowingsUnderFacility Amount
    
    
    Facilities(in millions)Syndicated loan facility (1)
    
    $
    1,200
    
    
    $
    Separate bilateral, uncommitted, unsecured multicurrency revolving credit facilities (2)
    
    
    350
    
    
    
    5Local guaranteed and non-guaranteed lines of credit (3)
    
    
    152
    
    
    
    Total
    
    $
    1,702
    
    
    $
    5
 
 (1)
    
    This facility, which matures on July 31, 2012, 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. This facility requires us to: (1) limit liens placed on our assets to (a)
liens incurred in the ordinary course of business (subject to certain qualifications) and (b)
other liens securing obligations not to exceed 30% of our consolidated assets; and (2)
maintain a debt-to-cash-flow ratio not exceeding 1.75 to 1.00. We continue to be in compliance
with these terms. As of August 31, 2008 and 2007, we had no borrowings under the facility. The
facility is subject to annual commitment fees.(2)
    
    We maintain two separate bilateral, uncommitted, unsecured multicurrency revolving credit
facilities. These facilities provide local-currency financing for the majority of our
operations. Interest rate terms on the bilateral revolving facilities are at market rates
prevailing in the relevant local markets. As of August 31, 2008 and 2007, we had $5 million
and $1 million, respectively, of borrowings under these facilities. 53




---



##### 



(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, 2008 and 2007, we had no borrowings
under these various facilities.   Share Purchases and Redemptions
   Accenture SCA Class I, II, III CommonAccenture Ltd Class A
    
    
    Shares and Accenture Canada Holdings Inc.Common Shares
    
    
    Exchangeable Shares
    
    
    TotalShares
    
    
    Amount
    
    
    Shares
    
    
    Amount
    
    
    Shares
    
    
    Amount(in millions, except share amounts)Accenture SCA Class I common shares
    
    
    
    
    
    $
    
    
    
    
    41,166,044
    
    
    $
    1,570
    
    
    
    41,166,044
    
    
    $
    1,570Accenture Canada Holdings Inc.
exchangeable shares
    
    
    
    
    
    
    
    
    
    
    591,071
    
    
    
    23
    
    
    
    591,071
    
    
    $
    23Accenture Ltd Class A common shares (1)
    
    
    5,898,398
    
    
    
    196
    
    
    
    
    
    
    
    
    
    
    
    5,898,398
    
    
    $
    196Other purchases (2)
    
    
    2,874,791
    
    
    
    114
    
    
    
    
    
    
    
    
    
    
    
    2,874,791
    
    
    $
    114Inter-company redemptions of SCAClass II common shares and SCAClass III common shares (3)
    
    
    
    
    
    
    
    
    
    
    22,444,363
    
    
    
    614
    
    
    
    22,444,363
    
    
    $
    614Total
    
    
    8,773,189
    
    
    $
    310
    
    
    
    64,201,478
    
    
    $
    2,207
    
    
    
    72,974,667
    
    
    $
    2,517
 
 (1)
    
    On February 1, 2008, Accenture Equity Finance B.V., an indirect subsidiary of Accenture SCA,
purchased 5,898,398 Accenture Ltd Class A common shares at a per share price of $33.29,
resulting in a cash outlay of approximately $196 million. Shares from this transaction were
purchased from certain former senior executives residing outside the United States.(2)
    
    During the year ended August 31, 2008, as authorized under Accentures various employee
equity share plans, Accenture and we acquired Accenture Ltd Class A common shares primarily
via share withholding for payroll tax obligations due from employees and former employees in
connection with the delivery of Accenture Ltd Class A common shares under those plans.(3)
    
    On November 15, 2007 we redeemed 5,560,935 Accenture SCA Class II common shares and
6,633,400 Accenture SCA Class III common shares from Accenture for total consideration of $256
million, which included a cash outlay of approximately $252 million. These redemptions were
made in transactions unrelated to publicly announced share plans or programs. Transactions
involving Accenture SCA Class II and Class III common shares consist exclusively of
inter-company transactions undertaken to facilitate other corporate purposes. For the year
ended August 31, 2008, in addition to the 6,633,400 Accenture SCA Class III common shares
mentioned above, we redeemed 10,250,028 Accenture SCA Class III common shares held by
Accenture for consideration of approximately $358 million.  54




---



##### 



Other Share Redemptions
  Senior Executive Ownership Requirements
 1 2
 Senior Executive Trading Policy
  Subsequent Development
  Obligations and Commitments
  Payments due by periodContractual Cash Obligations (1) (2)
    
    Total (3)
    
    
    Less than 1 year
    
    
    1-3 years
    
    
    3-5 years
    
    
    More than 5 years(in millions)Long-term debt
    
    $
    3
    
    
    $
    2
    
    
    $
    1
    
    
    $
    
    
    
    $
    Operating leases
    
    
    2,260
    
    
    
    427
    
    
    
    600
    
    
    
    358
    
    
    
    875Retirement obligations (4)
    
    
    158
    
    
    
    36
    
    
    
    44
    
    
    
    23
    
    
    
    55Other commitments (5)
    
    
    103
    
    
    
    71
    
    
    
    27
    
    
    
    4
    
    
    
    Total
    
    $
    2,524
    
    
    $
    536
    
    
    $
    672
    
    
    $
    385
    
    
    $
    930
 
 (1)
    
    We adopted FIN 48 on September 1, 2007. 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 out flows from future tax settlements cannot be determined. For
additional information, refer to Note 9 (Income Taxes) to our Consolidated Financial
Statements under Financial Statements and Supplementary Data.(2)
    
    In fiscal 2001, we accrued reorganization liabilities in connection with our transition to a
corporate structure. As of August 31, 2008, the remaining liability for reorganization costs
was $309 million, of which $299 million was classified as Other accrued liabilities because
expirations of statutes of limitations or other final determinations could occur within 12 months. The reorganization
liabilities have been excluded from the contractual obligations table because a reasonable
estimate of the timing and amount of cash out flows from future tax settlements cannot be
determined. We anticipate that reorganization liabilities will be substantially diminished by
the end of fiscal 2009 because we expect final determinations will have occurred. However,
resolution of current tax audits, initiation of additional audits or litigation may delay
final settlements. Final 55




---



##### 



settlement will result in a payment on a final settlement and/or
recording a reorganization cost or benefit in our Consolidated Income Statement. For
additional information, refer to Note 2 (Reorganization Costs (Benefits)) to our Consolidated
Financial Statements under Financial Statements and Supplementary Data.(3)
    
    May not total due to rounding.(4)
    
    This represents projected payments under certain unfunded retirement plans for former
pre-incorporation partners. Because both of these plans are unfunded, we pay these benefits
directly. These plans were eliminated for active partners after May 15, 2001.(5)
    
    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
   Recently Adopted Accounting Pronouncements
  New Accounting Pronouncements
 Disclosures about Derivative Instruments and
Hedging Activities, an amendment of FASB Statement No. 133. Accounting for Derivative Instruments and Hedging Activities
 Business Combinations Business
Combinations.
 56




---



##### 



Noncontrolling Interests in Consolidated
Financial Statementsan amendment of ARB No. 51
 Fair Value Measurements Effective Date of FASB Statement No. 157
 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
  Foreign Currency Risk
     57




---



##### 



Interest Rate Risk
  Equity Price Risk
  ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
  ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
  ITEM 9A. CONTROLS AND PROCEDURES
 (a) Evaluation of Disclosure Controls and Procedures
   (b) Managements Annual Report on Internal Control over Financial Reporting
        58




---



##### 



(c) Changes in Internal Control over Financial Reporting
  ITEM 9B. OTHER INFORMATION
  59




---



##### 



PART III
 ITEM 10.
    
    DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
    ITEM 11.
    
    EXECUTIVE COMPENSATION
  ITEM 12.
    
    SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED SHAREHOLDER
MATTERS
  Securities Authorized for Issuance under Equity Compensation Plans
  Number of SharesNumber of Shares
    
    
    
    
    
    Remaining Availableto be Issued Upon
    
    
    
    
    
    for Future IssuanceExercise of
    
    Weighted-Average
    
    Under EquityOutstanding
    
    Exercise Price of
    
    Compensation PlansOptions,
    
    Outstanding
    
    (Excluding SecuritiesWarrants and
    
    Options, Warrants,
    
    Reflected in 1stPlan Category
    
    Rights
    
    and Rights
    
    Column)Equity compensation plans approved by shareholders:2001 Share Incentive Plan
    
    
    89,666,887
    (1)
    
    $
    19.14
    
    
    
    140,153,9602001 Employee Share Purchase Plan
    
    
    
    
    
    
    N/A
    
    
    
    21,672,757Equity compensation plans not approved by
shareholders
    
    
    
    
    
    
    N/A
    
    
    
    Total
    
    
    89,666,887
    
    
    
    
    
    
    
    161,826,717
 
 (1)
    
    Consists of 34,981,064 stock options with a weighted average exercise price of $19.14 per
share and 54,685,823 restricted share units. ITEM 13.
    
    CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
  60




---



##### 



ITEM 14.
    
    PRINCIPAL ACCOUNTING FEES AND SERVICES
  PART IV
 ITEM 15.
    
    EXHIBITS, FINANCIAL STATEMENT SCHEDULES
  1.
    




    Financial Statements as of August 31, 2008 and August 31, 2007 and for the three years ended
August 31, 2008Included in Part II of this Form 10-K:
      2.
    

    Financial Statement Schedules:
  3.
    

    Exhibit Index:
 ExhibitNumber
    
    Exhibit3.1
    
    Form of Articles of Association of Accenture SCA, updated as of December 14, 2007 (incorporated by reference to
Exhibit 3.2 to the Accenture Ltd November 30, 2007 10-Q).3.2
    
    Form of Bye-laws of Accenture Ltd, effective as of February 7, 2008 (incorporated by reference to Exhibit 3.1 to the
Accenture Ltd February 29, 2008 10-Q).9.1
    
    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).10.1
    
    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 filed on April
19, 2001 (the April 19, 2001 Form S-1)).10.2
    
    2001 Share Incentive Plan (incorporated by reference to Exhibit 10.3 to the Accenture Ltd Registration Statement on
Form S-1/A filed on July 12, 2001 (the July 12, 2001 Form S-1)).10.3
    
    2001 Employee Share Purchase Plan (incorporated by reference to Exhibit 10.1 to the Accenture Ltd November 30, 2001
10-Q).10.4
    
    Memorandum of Continuance of Accenture Ltd, dated February 21, 2001 (incorporated by reference to Exhibit 3.1 to the
Accenture Ltd Registration Statement on Form S-1/A filed on July 2, 2001 (the July 2, 2001 Form S-1/A)).
 61




---



##### 



ExhibitNumber
    
    Exhibit10.5
    
    Form of Accenture SCA Transfer Rights Agreement, dated as of April 18, 2001, among Accenture SCA and the covered
persons party thereto as amended and restated as of February 3, 2005 (incorporated by reference to Exhibit 10.2 to
the Accenture Ltd February 28, 2005 10-Q).10.6
    
    Form of Non-Competition Agreement, dated as of April 18, 2001, among Accenture SCA and certain employees
(incorporated by reference to Exhibit 10.7 to the April 19, 2001 Form S-1).10.7
    
    Form of Letter Agreement, dated April 18, 2001, between Accenture SCA and certain shareholders of Accenture SCA
(incorporated by reference to Exhibit 10.8 to the April 19, 2001 Form S-1).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 July 2, 2001 Form S-1/A).10.9
    
    Form of Employment Agreement of Messrs. Campbell, Cole, Frerichs, Green, Rohleder and Scrivner and Ms. Craig
(incorporated by reference to Exhibit 10.10 to the Accenture Ltd Registration Statement on Form S-1/A filed on June
8, 2001 (the June 8, 2001 S-1/A)).10.10
    
    Form of Employment Agreement of Karl-Heinz Flöther (incorporated by reference to Exhibit 10.10 to the Accenture Ltd
August 31, 2008 10-K).10.11
    
    Form of Employment Agreement of Messrs. Coughlan and Foster (incorporated by reference to Exhibit 10.11 to the
Accenture Ltd August 31, 2008 10-K).10.12
    
    Form of Employment Agreement of Gianfranco Casati (English translation) (incorporated by reference to Exhibit 10.12
to the Accenture Ltd August 31, 2008 10-K).10.13
    
    Form of Employment Agreement of
Alexander van t Noordende (English translation) (incorporated by reference to
Exhibit 10.14 to the Accenture Ltd August 31, 2006 10-K).10.14
    
    Form of Employment Agreement of Pierre Nanterme (English translation) (incorporated by reference to Exhibit 10.14 to
the Accenture Ltd August 31, 2007 10-K).10.15
    
    Form of Employment Agreement of Juan Domenech (English translation) (incorporated by reference to Exhibit 10.15 to
the Accenture Ltd August 31, 2008 10-K).10.16
    
    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).10.17
    
    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).10.18
    
    Form of Transfer Restriction Agreement dated as of October 1, 2002 among Accenture Ltd and the transferors and
transferees signatory thereto (incorporated by reference to Exhibit 9.1 to the Accenture Ltd November 30, 2002
10-Q).10.19
    
    Form of Transfer Restriction Agreement dated as of October 1, 2002 among Accenture SCA and the transferors and
transferees signatory thereto (incorporated by reference to Exhibit 9.1 to the November 30, 2002 10-Q).10.20
    
    Form of First Amendment, dated as of May 1, 2003, to Transfer Restriction Agreement dated as of October 1, 2002
among Accenture Ltd and the transferors and transferees signatory thereto (incorporated by reference to Exhibit
99.(d)(13) to Accenture SCAs and Accenture International SARLs Schedule TO filed on September 30, 2003).10.21
    
    Form of First Amendment, dated as of May 1, 2003, to Transfer Restriction Agreement dated as of October 1, 2002
among Accenture SCA and the transferors and transferees signatory thereto (incorporated by reference to Exhibit
99.(d)(14) to Accenture SCAs and Accenture International SARLs Schedule TO filed on September 30, 2003).10.22
    
    Form of Second Amendment, dated as of October 1, 2003, to Transfer Restriction Agreement dated as of October 1, 2002
among Accenture Ltd and the transferors and transferees signatory thereto (incorporated by reference to Exhibit
99.(d)(15) to Accenture SCAs and Accenture International SARLs Schedule TO filed on April 29, 2004).10.23
    
    Form of Second Amendment, dated as of October 1, 2003, to Transfer Restriction Agreement dated as of October 1, 2002
among Accenture SCA and the transferors and transferees signatory thereto (incorporated by reference to Exhibit
99.(d)(16) to Accenture SCAs and Accenture International SARLs Schedule TO filed on April 29, 2004).
 62




---



##### 



ExhibitNumber
    
    Exhibit10.24
    
    Form of Ltd Transfer Restriction Agreement for the Accenture Family and Charitable Transfer Program dated as of
April 1, 2005 among Accenture Ltd and the transferors and transferees signatory thereto (incorporated by reference
to Exhibit 10.3 to the Accenture Ltd May 31, 2005 10-Q).10.25
    
    Form of SCA Transfer Restriction Agreement for the Accenture Family and Charitable Transfer Program dated as of
April 1, 2005 among Accenture SCA and the transferors and transferees signatory thereto (incorporated by reference
to Exhibit 10.2 to the Accenture Ltd May 31, 2005 10-Q).10.26
    
    Form of Transfer Agreement (for transfers of Unrestricted Shares of Accenture Ltd) for the Accenture Family and
Charitable Transfer Program dated as of April 1, 2005 among Accenture Ltd and the transferors and transferees
signatory thereto (incorporated by reference to Exhibit 10.5 to the Accenture Ltd May 31, 2005 10-Q).10.27
    
    Form of Transfer Agreement (for transfers of Unrestricted Shares of Accenture SCA) for the Accenture Family and
Charitable Transfer Program dated as of April 1, 2005 among Accenture SCA and the transferors and transferees
signatory thereto (incorporated by reference to Exhibit 10.4 to the Accenture Ltd May 31, 2005 10-Q).10.28
    
    Form of Restricted Share Unit Agreement for senior executives pursuant to the Accenture Ltd 2001 Share Incentive
Plan (incorporated by reference to Exhibit 4.1 to the November 30, 2004 10-Q).10.29
    
    Form of Nonqualified Share Option Agreement for senior executives pursuant to the Accenture Ltd 2001 Share Incentive
Plan (incorporated by reference to Exhibit 4.2 to the November 30, 2004 10-Q).10.30
    
    Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to Accenture Ltd 2001 Share
Incentive Plan (incorporated by reference to Exhibit 10.1 to the Accenture Ltd February 28, 2007 10-Q).10.31
    
    Form of Senior Officer Performance Equity Award Restricted Share Unit Agreement pursuant to Accenture Ltd 2001 Share
Incentive Plan (incorporated by reference to Exhibit 10.2 to the Accenture Ltd February 28, 2007 10-Q).10.32
    
    Form of Senior Leadership Equity Award Restricted Share Unit Agreement pursuant to Accenture Ltd 2001 Share
Incentive Plan (incorporated by reference to Exhibit 10.3 to the Accenture Ltd February 28, 2007 10-Q).10.33
    
    Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to Accenture Ltd
2001 Share Incentive Plan (incorporated by reference to Exhibit 10.4 to the Accenture Ltd February 28, 2007 10-Q).10.34
    
    Form of Restricted Share Unit Agreement for director grants pursuant to Accenture Ltd 2001 Share Incentive Plan
(incorporated by reference to Exhibit 10.1 to the Accenture Ltd February 29, 2008 10-Q).10.35
    
    Description of Annual Bonus Plan (incorporated by reference to Exhibit 10.1 to the February 28, 2006 10-Q).21.1
    
    Subsidiaries of the Registrant (incorporated by reference to Exhibit 21.1 to the Accenture Ltd August 31, 2008 10-K).24.1
    
    Power of Attorney (included on the signature page hereto).31.1
    
    Certification of the Chief Executive Officer of Accenture Ltd, the general partner of Accenture SCA, pursuant to
Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed
herewith).31.2
    
    Certification of the Chief Financial Officer of Accenture Ltd, the general partner of Accenture SCA, pursuant to
Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed
herewith).32.1
    
    Certification of the Chief Executive Officer of Accenture Ltd, the general partner of Accenture SCA, pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).32.2
    
    Certification of the Chief Financial Officer of Accenture Ltd, the general partner of Accenture SCA, pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
 63




---



##### 



SIGNATURES
  ACCENTURE SCA, represented by its general partner,
Accenture Ltd, itself represented by its duly authorized
signatoryBy:
    /s/ DOUGLAS G. SCRIVNERName:
    Douglas G. ScrivnerTitle:
    General Counsel & Secretary POWER OF ATTORNEY
   Signature
    
    Title/s/ William D. Green

William D. Green
    
    Chief Executive Officer, Chairman of the
Board and Director (principal executive
officer)/s/ Dina Dublon

Dina Dublon
    
    Director/s/ Dennis F. Hightower

Dennis F. Hightower
    
    Director/s/ Nobuyuki Idei

Nobuyuki Idei
    
    Director/s/ William L. Kimsey

William L. Kimsey
    
    Director/s/ Robert I. Lipp

Robert I. Lipp
    
    Director/s/ Marjorie Magner

Marjorie Magner
    
    Director/s/ Blythe J. McGarvie

Blythe J. McGarvie
    
    Director/s/ Sir Mark Moody-Stuart

Sir Mark Moody-Stuart
    
    Director/s/ Wulf von Schimmelmann

Wulf von Schimmelmann
    
    Director/s/ Pamela J. Craig

Pamela J. Craig
    
    Chief Financial Officer
(principal financial officer)/s/ Anthony G. Coughlan

Anthony G. Coughlan
    
    Principal Accounting Officer and Controller
(principal accounting officer)
 64




---



##### 



ACCENTURE SCA
 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
 PageReport of Independent Registered Public Accounting Firm
    
    F-2Consolidated Financial Statements as of August 31, 2008 and 2007 and for the three years ended August 31, 2008:Consolidated Balance Sheets
    
    F-4Consolidated Income Statements
    
    F-5Consolidated Shareholders Equity and Comprehensive Income Statements
    
    F-6Consolidated Cash Flows Statements
    
    F-8Notes to Consolidated Financial Statements
    
    F-9
 F-1




---



##### 



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
 The General Partner and Shareholders
Accenture SCA:
 Internal Control 
Integrated Framework
     F-2




---



##### 



F-3




---



##### 



ACCENTURE SCA
 CONSOLIDATED BALANCE SHEETS
 August 31, 2008 and 2007
(In thousands of U.S. dollars, except share and per share amounts)
 August 31,
    
    
    August 31,2008
    
    
    2007ASSETSCURRENT ASSETS:Cash and cash equivalents
    
    $
    3,602,760
    
    
    $
    3,314,396Short-term investments
    
    
    20,282
    
    
    
    231,278Receivables from clients, net
    
    
    2,996,815
    
    
    
    2,409,299Unbilled services, net
    
    
    1,518,580
    
    
    
    1,290,035Deferred income taxes, net
    
    
    425,859
    
    
    
    318,172Other current assets
    
    
    594,832
    
    
    
    407,998Total current assets
    
    
    9,159,128
    
    
    
    7,971,178NON-CURRENT ASSETS:Unbilled services, net
    
    
    43,627
    
    
    
    63,995Investments
    
    
    19,034
    
    
    
    81,935Property and equipment, net
    
    
    800,164
    
    
    
    808,069Goodwill
    
    
    839,957
    
    
    
    643,728Deferred contract costs
    
    
    539,856
    
    
    
    407,640Deferred income taxes, net
    
    
    613,943
    
    
    
    389,858Other non-current assets
    
    
    382,816
    
    
    
    380,759Total non-current assets
    
    
    3,239,397
    
    
    
    2,775,984TOTAL ASSETS
    
    $
    12,398,525
    
    
    $
    10,747,162LIABILITIES AND SHAREHOLDERS EQUITYCURRENT LIABILITIES:Current portion of long-term debt and bank borrowings
    
    $
    6,570
    
    
    $
    23,795Accounts payable
    
    
    1,017,227
    
    
    
    985,071Deferred revenues
    
    
    1,810,661
    
    
    
    1,701,990Accrued payroll and related benefits
    
    
    2,809,196
    
    
    
    2,274,098Accrued consumption taxes
    
    
    343,658
    
    
    
    220,219Income taxes payable
    
    
    249,986
    
    
    
    942,310Deferred income taxes, net
    
    
    57,258
    
    
    
    39,078Other accrued liabilities
    
    
    553,322
    
    
    
    692,759Total current liabilities
    
    
    6,847,878
    
    
    
    6,879,320NON-CURRENT LIABILITIES:Long-term debt
    
    
    1,708
    
    
    
    2,565Deferred revenues relating to contract costs
    
    
    555,935
    
    
    
    303,159Retirement obligation
    
    
    483,857
    
    
    
    494,416Deferred income taxes, net
    
    
    32,258
    
    
    
    31,758Income taxes payable
    
    
    1,086,244
    
    
    
    32,330Other non-current liabilities
    
    
    197,970
    
    
    
    200,096Total non-current liabilities
    
    
    2,357,972
    
    
    
    1,064,324COMMITMENTS AND CONTINGENCIESMINORITY INTEREST
    
    
    80,427
    
    
    
    86,276SHAREHOLDERS EQUITY:Class I common shares, par value 1.25 euros per share, 10,000,000,000 shares authorized,
140,381,970 and 192,678,164 shares issued and outstanding as of August 31, 2008
and August 31, 2007, respectively
    
    
    157,290
    
    
    
    215,985Class II common shares, par value 1.25 euros per share, 20,000,000,000 shares authorized,
486,667,264 and 481,106,329 shares issued as of August 31, 2008
and August 31, 2007, respectively
    
    
    554,989
    
    
    
    544,787Class III, including Class III-A through -N lettered sub-series common shares, par value 1.25 euros per
share, 10,000,000,000 shares authorized, 848,989,204 and 790,059,610 shares issued as of
August 31, 2008 and August 31, 2007, respectively
    
    
    962,995
    
    
    
    892,131Restricted share units (related to Accenture Ltd Class A common shares)
    
    
    819,577
    
    
    
    649,475Additional paid-in capital
    
    
    4,054,434
    
    
    
    3,690,952Treasury shares, at cost: Class II common, 15,708,956 and 10,148,021 shares at August 31, 2008
and August 31, 2007, respectively; Class III common, 267,645,545 and 232,944,408 shares at
August 31, 2008 and August 31, 2007, respectively
    
    
    (8,058,110
    )
    
    
    (6,422,233
    )Investment
in Accenture Ltd shares, at cost, 15,503,200 and 8,243,517 shares at August 31, 2008
and August 31, 2007, respectively
    
    
    (524,984
    )
    
    
    (256,712
    )Retained earnings
    
    
    5,139,929
    
    
    
    3,318,696Accumulated other comprehensive income
    
    
    6,128
    
    
    
    84,161Total shareholders equity
    
    
    3,112,248
    
    
    
    2,717,242TOTAL LIABILITIES AND SHAREHOLDERS EQUITY
    
    $
    12,398,525
    
    
    $
    10,747,162
  F-4




---



##### 



ACCENTURE SCA
 CONSOLIDATED INCOME STATEMENTS
 For the Years Ended August 31, 2008, 2007 and 2006
(In thousands of U.S. dollars, except share and per share amounts)
 2008
    
    
    2007
    
    
    2006REVENUES:Revenues before
reimbursements (Net revenues)
    
    $
    23,386,802
    
    
    $
    19,695,814
    
    
    $
    16,646,391Reimbursements
    
    
    1,927,024
    
    
    
    1,756,933
    
    
    
    1,581,975Revenues
    
    
    25,313,826
    
    
    
    21,452,747
    
    
    
    18,228,366OPERATING EXPENSES:Cost of services:Cost of
services before
reimbursable
expenses
    
    
    16,201,217
    
    
    
    13,654,341
    
    
    
    11,652,216Reimbursable
expenses
    
    
    1,927,024
    
    
    
    1,756,933
    
    
    
    1,581,975Cost of services
    
    
    18,128,241
    
    
    
    15,411,274
    
    
    
    13,234,191Sales and marketing
    
    
    2,270,789
    
    
    
    1,903,990
    
    
    
    1,708,392General and
administrative
costs
    
    
    1,880,342
    
    
    
    1,618,498
    
    
    
    1,492,690Reorganization
costs (benefits),
net
    
    
    22,872
    
    
    
    26,366
    
    
    
    (47,966
    )Total
operating
expenses
    
    
    22,302,244
    
    
    
    18,960,128
    
    
    
    16,387,307OPERATING INCOME
    
    
    3,011,582
    
    
    
    2,492,619
    
    
    
    1,841,059Gain on investments, net
    
    
    6,476
    
    
    
    18,532
    
    
    
    2,018Interest income
    
    
    114,621
    
    
    
    154,566
    
    
    
    129,547Interest expense
    
    
    (22,704
    )
    
    
    (25,036
    )
    
    
    (21,146
    )Other
expense, net
    
    
    (2,213
    )
    
    
    (21,763
    )
    
    
    (27,811
    )INCOME BEFORE INCOME
TAXES
    
    
    3,107,762
    
    
    
    2,618,918
    
    
    
    1,923,667Provision for income
taxes
    
    
    910,574
    
    
    
    895,861
    
    
    
    490,535INCOME BEFORE MINORITY
INTEREST
    
    
    2,197,188
    
    
    
    1,723,057
    
    
    
    1,433,132Minority
interest in Accenture Canada
Holdings Inc.
    
    
    (7,940
    )
    
    
    (7,199
    )
    
    
    (6,787
    )Minority interest 
other
    
    
    (19,546
    )
    
    
    (25,992
    )
    
    
    (12,421
    )NET INCOME
    
    $
    2,169,702
    
    
    $
    1,689,866
    
    
    $
    1,413,924Cash dividends per share
    
    $
    0.42
    
    
    $
    0.35
    
    
    $
    0.30
  F-5




---



##### 



ACCENTURE SCA
 CONSOLIDATED SHAREHOLDERS EQUITY AND COMPREHENSIVE INCOME STATEMENTS
 For the Years Ended August 31, 2008, 2007 and 2006
(In thousands of U.S. dollars and in thousands of share amounts)
 RestrictedShare Units(related toClass I
    
    
    Class II
    
    
    Class III
    
    
    Accenture LtdCommon
    
    
    Common
    
    
    Common
    
    
    Class A
    
    
    Additional
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Accumulated OtherShares
    
    
    Shares
    
    
    Shares
    
    
    common
    
    
    Paid-in
    
    
    Treasury Shares
    
    
    Investment in Accenture Ltd
    
    
    Retained
    
    
    Comprehensive$
    
    
    No. Shares
    
    
    $
    
    
    No. Shares
    
    
    $
    
    
    No. Shares
    
    
    shares)
    
    
    Capital
    
    
    $
    
    
    No. Shares
    
    
    $
    
    
    No. Shares
    
    
    Earnings
    
    
    Income (Loss)
    
    
    TotalBalance as of August 31, 2005
    
    $
    354,835
    
    
    
    316,573
    
    
    $
    529,281
    
    
    
    470,958
    
    
    $
    735,786
    
    
    
    654,721
    
    
    $
    365,708
    
    
    $
    3,017,187
    
    
    $
    (3,027,009
    )
    
    
    (128,969
    )
    
    $
    (58,314
    )
    
    
    (2,353
    )
    
    $
    930,813
    
    
    $
    (232,484
    )
    
    $
    2,615,803Comprehensive income:Net income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,413,924
    
    
    
    
    
    
    
    1,413,924Other comprehensive income:Unrealized losses on marketable
securities, net of reclassification
adjustments
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,260
    )
    
    
    (1,260
    )Foreign currency translation
adjustments
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    52,423
    
    
    
    52,423Minimum pension liability
adjustment, net of tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    154,827
    
    
    
    154,827Other comprehensive income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    205,990Comprehensive income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,619,914Income tax benefit on:Share-based compensation plans
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    100,508
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    100,508Contract termination
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    497
    
    
    
    
    
    
    
    497Issuances and redemptions of Class II and
Class III
common shares
    
    
    
    
    
    
    
    
    
    
    7,767
    
    
    
    5,316
    
    
    
    8,667
    
    
    
    5,931
    
    
    
    
    
    
    
    155,369
    
    
    
    (171,803
    )
    
    
    (11,248
    )
    
    
    
    
    
    
    
    
    
    
    (171,696
    )
    
    
    
    
    
    
    (171,696
    )Purchases of Accenture Ltd Class A
common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (16,192
    )
    
    
    
    
    
    
    
    
    
    
    (263,711
    )
    
    
    (11,979
    )
    
    
    
    
    
    
    
    
    
    
    (279,903
    )Transfer of shares from Investment in
Accenture Ltd
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    312,971
    
    
    
    13,990
    
    
    
    
    
    
    
    
    
    
    
    312,971Share-based compensation expense
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    152,158
    
    
    
    112,952
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    265,110Purchases/redemptions of Accenture SCAClass I common shares
    
    
    (75,509
    )
    
    
    (67,340
    )
    
    
    
    
    
    
    
    
    
    
    75,509
    
    
    
    67,340
    
    
    
    
    
    
    
    
    
    
    
    (1,692,224
    )
    
    
    (67,340
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,692,224
    )Purchases/redemptions of Accenture SCAClass III common shares and AccentureCanada Holdings Inc. exchangeable shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    61,557
    
    
    
    (489,428
    )
    
    
    (17,481
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (427,871
    )Issuances of Accenture SCA Class III common
shares related to employee share programs
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (49,141
    )
    
    
    (1,568
    )
    
    
    570,846
    
    
    
    25,605
    
    
    
    
    
    
    
    
    
    
    
    (83,219
    )
    
    
    
    
    
    
    436,918Dividends
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    13,564
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (109,841
    )
    
    
    
    
    
    
    (96,277
    )Minority interest
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    5,551
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    5,551Balance as of August 31, 2006
    
    $
    279,326
    
    
    
    249,233
    
    
    $
    537,048
    
    
    
    476,274
    
    
    $
    819,962
    
    
    
    727,992
    
    
    $
    482,289
    
    
    $
    3,435,364
    
    
    $
    (4,809,618
    )
    
    
    (199,433
    )
    
    $
    (9,054
    )
    
    
    (342
    )
    
    $
    1,980,478
    
    
    $
    (26,494
    )
    
    $
    2,689,301Adoption of FASB Statement No. 158, net of tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    26,053
    
    
    
    26,053Comprehensive income:Net income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,689,866
    
    
    
    
    
    
    
    1,689,866Other comprehensive income:Unrealized gains on marketable
securities, net of reclassification
adjustments
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    2,165
    
    
    
    2,165Foreign currency translation
adjustments
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    84,474
    
    
    
    84,474Minimum pension liability adjustment,
net of tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (2,037
    )
    
    
    (2,037
    )Other comprehensive income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    84,602
  F-6




---



##### 



ACCENTURE SCA
 CONSOLIDATED SHAREHOLDERS EQUITY AND COMPREHENSIVE INCOME STATEMENTS
 For the Years Ended August 31, 2008, 2007 and 2006
(In thousands of U.S. dollars and in thousands of share amounts)
 RestrictedShare Units(related toClass I
    
    
    Class II
    
    
    Class III
    
    
    Accenture LtdCommon
    
    
    Common
    
    
    Common
    
    
    Class A
    
    
    Additional
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Accumulated OtherShares
    
    
    Shares
    
    
    Shares
    
    
    common
    
    
    Paid-in
    
    
    Treasury Shares
    
    
    Investment in Accenture Ltd
    
    
    Retained
    
    
    Comprehensive$
    
    
    No. Shares
    
    
    $
    
    
    No. Shares
    
    
    $
    
    
    No. Shares
    
    
    shares)
    
    
    Capital
    
    
    $
    
    
    No. Shares
    
    
    $
    
    
    No. Shares
    
    
    Earnings
    
    
    Income (Loss)
    
    
    TotalComprehensive income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,774,468Income tax benefit on:Share-based compensation plans
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    27,469
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    27,469Contract termination
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    31
    
    
    
    
    
    
    
    31Issuances and redemptions of Class II and
Class III
common shares
    
    
    
    
    
    
    
    
    
    
    7,739
    
    
    
    4,832
    
    
    
    8,828
    
    
    
    5,513
    
    
    
    
    
    
    
    187,940
    
    
    
    (204,507
    )
    
    
    (10,345
    )
    
    
    
    
    
    
    
    
    
    
    (204,452
    )
    
    
    
    
    
    
    (204,452
    )Purchases of Accenture Ltd Class A
common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (27,931
    )
    
    
    
    
    
    
    
    
    
    
    (334,285
    )
    
    
    (10,531
    )
    
    
    
    
    
    
    
    
    
    
    (362,216
    )Transfer of shares from Investment in
Accenture Ltd
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    86,627
    
    
    
    2,629
    
    
    
    
    
    
    
    
    
    
    
    86,627Share-based compensation expense
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    242,435
    
    
    
    62,128
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    304,563Purchases/redemptions of Accenture SCAClass I common shares
    
    
    (63,341
    )
    
    
    (56,555
    )
    
    
    
    
    
    
    
    
    
    
    63,341
    
    
    
    56,555
    
    
    
    
    
    
    
    
    
    
    
    (1,837,064
    )
    
    
    (53,370
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,837,064
    )Purchases/redemptions of Accenture SCAClass III common shares and AccentureCanada Holdings Inc. exchangeable shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (4,755
    )
    
    
    (190,539
    )
    
    
    (4,616
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (195,294
    )Issuances of Accenture SCA Class III common
shares related to employee share programs
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (89,846
    )
    
    
    
    
    
    
    619,495
    
    
    
    24,672
    
    
    
    
    
    
    
    
    
    
    
    (41,399
    )
    
    
    
    
    
    
    488,250Dividends
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    14,597
    
    
    
    2,624
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (105,828
    )
    
    
    
    
    
    
    (88,607
    )Minority interest
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    8,113
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    8,113Balance as of August 31, 2007
    
    $
    215,985
    
    
    
    192,678
    
    
    $
    544,787
    
    
    
    481,106
    
    
    $
    892,131
    
    
    
    790,060
    
    
    $
    649,475
    
    
    $
    3,690,952
    
    
    $
    (6,422,233
    )
    
    
    (243,092
    )
    
    $
    (256,712
    )
    
    
    (8,244
    )
    
    $
    3,318,696
    
    
    $
    84,161
    
    
    $
    2,717,242Adoption of FASB Interpretation No. 48
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,756
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    19,245
    
    
    
    
    
    
    
    17,489Comprehensive income:Net income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    2,169,702
    
    
    
    
    
    
    
    2,169,702Other comprehensive income:Unrealized gains on cash flow hedges,
net of tax
and reclassification
adjustments
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    11,381
    
    
    
    11,381Unrealized gains on marketable
securities, net of reclassification
adjustments
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    625
    
    
    
    625Foreign currency translation
adjustments, net of tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (59,001
    )
    
    
    (59,001
    )Minimum pension liability adjustment,
net of tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (31,038
    )
    
    
    (31,038
    )Other
comprehensive loss
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (78,033
    )Comprehensive income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    2,091,669Income tax benefit on share-based
compensation plans
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    57,017
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    57,017Issuances and redemptions of Class II and
Class III
common shares
    
    
    
    
    
    
    
    
    
    
    10,202
    
    
    
    5,561
    
    
    
    12,169
    
    
    
    6,633
    
    
    
    
    
    
    
    233,359
    
    
    
    (255,730
    )
    
    
    (12,194
    )
    
    
    
    
    
    
    
    
    
    
    (252,232
    )
    
    
    
    
    
    
    (252,232
    )Purchases of Accenture Ltd Class A
common shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (59,819
    )
    
    
    
    
    
    
    
    
    
    
    (268,272
    )
    
    
    (7,259
    )
    
    
    
    
    
    
    
    
    
    
    (328,091
    )Share-based compensation expense
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    336,542
    
    
    
    40,249
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    376,791Purchases/redemptions of Accenture SCAClass I common shares
    
    
    (58,695
    )
    
    
    (52,296
    )
    
    
    
    
    
    
    
    
    
    
    58,695
    
    
    
    52,296
    
    
    
    
    
    
    
    
    
    
    
    (1,569,994
    )
    
    
    (41,166
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,569,994
    )Purchases/redemptions of Accenture SCAClass III common shares and AccentureCanada Holdings Inc. exchangeable shares
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (5,097
    )
    
    
    (358,052
    )
    
    
    (10,250
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (363,149
    )Issuances of Accenture SCA Class III common
shares related to employee share programs
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (186,119
    )
    
    
    92,384
    
    
    
    547,899
    
    
    
    23,347
    
    
    
    
    
    
    
    
    
    
    
    (13,197
    )
    
    
    
    
    
    
    440,967Dividends
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    19,679
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (101,132
    )
    
    
    
    
    
    
    (81,453
    )Minority interest
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    7,145
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    7,145Other
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,153
    )
    
    
    
    
    
    
    (1,153
    )Balance as of August 31, 2008
    
    $
    157,290
    
    
    
    140,382
    
    
    $
    554,989
    
    
    
    486,667
    
    
    $
    962,995
    
    
    
    848,989
    
    
    $
    819,577
    
    
    $
    4,054,434
    
    
    $
    (8,058,110
    )
    
    
    (283,355
    )
    
    $
    (524,984
    )
    
    
    (15,503
    )
    
    $
    5,139,929
    
    
    $
    6,128
    
    
    $
    3,112,248
  F-7




---



##### 



ACCENTURE SCA
 CONSOLIDATED CASH FLOWS STATEMENTS
 For the Years Ended August 31, 2008, 2007 and 2006
(In thousands of U.S. dollars)
 2008
    
    
    2007
    
    
    2006CASH FLOWS FROM OPERATING ACTIVITIES:Net income
    
    $
    2,169,702
    
    
    $
    1,689,866
    
    
    $
    1,413,924Adjustments to reconcile Net income to Net cash provided by operating
activities Depreciation, amortization and asset impairments
    
    
    491,421
    
    
    
    444,499
    
    
    
    351,947Reorganization costs (benefits), net
    
    
    22,872
    
    
    
    26,366
    
    
    
    (47,966
    )Share-based compensation expense
    
    
    377,365
    
    
    
    306,795
    
    
    
    270,884Deferred income taxes, net
    
    
    (89,952
    )
    
    
    (107,673
    )
    
    
    (223,637
    )Minority interest
    
    
    27,486
    
    
    
    33,191
    
    
    
    19,208Other, net
    
    
    (10,658
    )
    
    
    (14,769
    )
    
    
    (1,163
    )Change in assets and liabilities, net of acquisitions Receivables from clients, net
    
    
    (509,528
    )
    
    
    (367,342
    )
    
    
    (90,458
    )Unbilled services, current and non-current
    
    
    (255,317
    )
    
    
    (7,476
    )
    
    
    400,142Other current and non-current assets
    
    
    (449,838
    )
    
    
    (356,747
    )
    
    
    23,100Accounts payable
    
    
    23,787
    
    
    
    63,922
    
    
    
    48,157Deferred revenues, current and non-current
    
    
    474,213
    
    
    
    373,352
    
    
    
    130,504Accrued payroll and related benefits
    
    
    465,191
    
    
    
    529,762
    
    
    
    228,688Income taxes
payable, current and non-current
    
    
    123,618
    
    
    
    180,853
    
    
    
    (68,961
    )Other current and non-current liabilities
    
    
    (57,114
    )
    
    
    (164,034
    )
    
    
    213,620Net cash provided by operating activities
    
    
    2,803,248
    
    
    
    2,630,565
    
    
    
    2,667,989CASH FLOWS FROM INVESTING ACTIVITIES:Proceeds from maturities and sales of available-for-sale investments
    
    
    309,541
    
    
    
    885,463
    
    
    
    657,629Purchases of available-for-sale investments
    
    
    (27,694
    )
    
    
    (693,733
    )
    
    
    (401,181
    )Proceeds from sales of property and equipment
    
    
    10,839
    
    
    
    14,549
    
    
    
    13,951Purchases of property and equipment
    
    
    (320,368
    )
    
    
    (364,371
    )
    
    
    (306,174
    )Purchases of businesses and investments, net of cash acquired
    
    
    (298,110
    )
    
    
    (192,356
    )
    
    
    (210,985
    )Proceeds from sale of business, net of cash transferred
    
    
    1,798
    
    
    
    
    
    
    
    4,260Net cash used in investing activities
    
    
    (323,994
    )
    
    
    (350,448
    )
    
    
    (242,500
    )CASH FLOWS FROM FINANCING ACTIVITIES:Proceeds from issuance of common shares
    
    
    440,967
    
    
    
    488,250
    
    
    
    436,918Purchases of common shares
    
    
    (2,513,466
    )
    
    
    (2,512,399
    )
    
    
    (2,258,723
    )Proceeds from long-term debt
    
    
    4,491
    
    
    
    2,225
    
    
    
    7,669Repayments of long-term debt
    
    
    (26,525
    )
    
    
    (26,620
    )
    
    
    (23,983
    )Proceeds from short-term borrowings
    
    
    120,566
    
    
    
    39,080
    
    
    
    40,269Repayments of short-term borrowings
    
    
    (116,517
    )
    
    
    (40,554
    )
    
    
    (52,657
    )Cash dividends paid
    
    
    (81,453
    )
    
    
    (88,607
    )
    
    
    (96,277
    )Excess tax benefits from share-based payment arrangements
    
    
    63,368
    
    
    
    56,178
    
    
    
    42,832Other, net
    
    
    (52,948
    )
    
    
    (45,259
    )
    
    
    (40,515
    )Net cash used in financing activities
    
    
    (2,161,517
    )
    
    
    (2,127,706
    )
    
    
    (1,944,467
    )Effect of exchange rate changes on cash and cash equivalents
    
    
    (29,373
    )
    
    
    94,997
    
    
    
    101,976NET INCREASE IN CASH AND CASH EQUIVALENTS
    
    
    288,364
    
    
    
    247,408
    
    
    
    582,998CASH AND CASH EQUIVALENTS,beginning of period
    
    
    3,314,396
    
    
    
    3,066,988
    
    
    
    2,483,990CASH AND CASH EQUIVALENTS,end of period
    
    $
    3,602,760
    
    
    $
    3,314,396
    
    
    $
    3,066,988Supplemental
cash flow informationInterest paid
    
    $
    22,888
    
    
    $
    24,847
    
    
    $
    20,837Income taxes paid
    
    $
    946,876
    
    
    $
    798,286
    
    
    $
    768,313
  F-8




---



##### 



ACCENTURE SCA
 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
   Principles of Consolidation
    Use of Estimates
  Reclassifications
  Revenue Recognition
 Accounting for Performance
of Construction-Type and Certain Production-Type Contracts
 F-9




---



##### 



ACCENTURE
SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
  Revenue Recognition in Financial Statements Revenue Recognition
   Accounting for Revenue Arrangements with Multiple Deliverables,
  F-10




---



##### 



ACCENTURE
SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
   Operating Expenses
  Year Ended August 31,2008
    
    2007
    
    2006Training costs
    
    $
    985,929
    
    
    $
    775,768
    
    
    $
    680,662Research and development costs
    
    
    390,168
    
    
    
    307,357
    
    
    
    298,354Advertising costs
    
    
    91,034
    
    
    
    94,404
    
    
    
    68,810Provision for doubtful accounts
    
    
    1,772
    
    
    
    9,441
    
    
    
    9,389
  Employee Share-Based Compensation Arrangements
 Share-Based Payment
 Income Taxes
  Translation of Non-U.S. Currency Amounts
   Cash and Cash Equivalents
  F-11




---



##### 



ACCENTURE
SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
  Client Receivables and Allowances
  Concentrations of Credit Risk
  Investments
  Property and Equipment
  Buildings
    
    20 to 25 yearsComputers, related equipment and software
    
    2 to 7 yearsFurniture and fixtures
    
    5 to 10 yearsLeasehold improvements
    
    Lesser of lease term or 15 years
 Long-Lived Assets
  F-12




---



##### 



ACCENTURE
SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 Recently Adopted Accounting Pronouncements
 Accounting for Uncertainty in Income Taxes  an
interpretation of FASB Statement No. 109
 2. REORGANIZATION COSTS (BENEFITS)
   Year Ended August 31,2008
    
    
    2007
    
    
    2006Reorganization liability balance,
beginning of period
    
    $
    401,228
    
    
    $
    350,864
    
    
    $
    381,440Final determinations (1)
    
    
    (86,764
    )
    
    
    (44,066
    )
    
    
    (72,362
    )Changes in estimates
    
    
    86,764
    
    
    
    44,066
    
    
    
    Benefits recorded
    
    
    
    
    
    
    
    
    
    
    (72,362
    )Interest expense accrued
    
    
    22,872
    
    
    
    26,366
    
    
    
    24,396Reorganization costs (benefits), net
    
    
    22,872
    
    
    
    26,366
    
    
    
    (47,966
    )Payments
    
    
    (143,184
    )
    
    
    
    
    
    
    Foreign currency translation
    
    
    27,778
    
    
    
    23,998
    
    
    
    17,390Reorganization liability, end of period
    
    $
    308,694
    
    
    $
    401,228
    
    
    $
    350,864
 
 (1)
    
    Includes final agreements with tax authorities and expirations of statutes of limitations.  F-13




---



##### 



ACCENTURE SCA
 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 INCOME
  August 31,2008
    
    
    2007Net unrealized gains on cash flow hedges, net of tax of $4,959 and $0, respectively
    
    $
    11,381
    
    
    $
    Net unrealized losses on marketable securities
    
    
    (689
    )
    
    
    (1,314
    )Foreign currency translation adjustments, net of tax of $1,883 and $0, respectively
    
    
    34,860
    
    
    
    93,861Pension and
postretirement plans, net of tax of $25,324 and $8,137, respectively
    
    
    (39,424
    )
    
    
    (8,386
    )Accumulated other comprehensive income
    
    $
    6,128
    
    
    $
    84,161
  Year Ended August 31,2008
    
    
    2007Net unrealized gains on cash flow hedges, net of tax, beginning of period
    
    $
    
    
    
    $
    Change in net unrealized gains, net of tax of $6,102
    
    
    13,030
    
    
    
    Net unrealized gains reclassified to earnings, net of tax of $(1,143)
    
    
    (1,649
    )
    
    
    Net unrealized gains on cash flow hedges, net of tax, end of period
    
    $
    11,381
    
    
    $
    
 4. PROPERTY AND EQUIPMENT
  August 31,2008
    
    
    2007Buildings and land
    
    $
    4,424
    
    
    $
    4,102Computers, related equipment and software
    
    
    1,429,811
    
    
    
    1,410,010Furniture and fixtures
    
    
    353,773
    
    
    
    332,798Leasehold improvements
    
    
    637,841
    
    
    
    617,305Property and equipment, gross
    
    
    2,425,849
    
    
    
    2,364,215Total accumulated depreciation
    
    
    (1,625,685
    )
    
    
    (1,556,146
    )Property and equipment, net
    
    $
    800,164
    
    
    $
    808,069
 5. BUSINESS COMBINATIONS AND GOODWILL
   F-14




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
   Goodwill and Other Intangible Assets"
 Foreign
    
    
    
    
    
    
    
    
    
    
    ForeignCurrency
    
    
    
    
    
    
    
    
    
    
    CurrencyAugust 31,
    
    
    Additions/
    
    
    Translation
    
    
    August 31,
    
    
    Additions/
    
    
    Translation
    
    
    August 31,2006
    
    
    Adjustments
    
    
    Adjustments
    
    
    2007
    
    
    Adjustments
    
    
    Adjustments
    
    
    2008Communications &
High Tech
    
    $
    82,739
    
    
    $
    27,556
    
    
    $
    4,902
    
    
    $
    115,197
    
    
    $
    52,959
    
    
    $
    (4,770
    )
    
    $
    163,386Financial Services
    
    
    123,592
    
    
    
    2,647
    
    
    
    2,104
    
    
    
    128,343
    
    
    
    17,727
    
    
    
    (2,690
    )
    
    
    143,380Products
    
    
    258,390
    
    
    
    24,216
    
    
    
    4,970
    
    
    
    287,576
    
    
    
    45,779
    
    
    
    (4,023
    )
    
    
    329,332Public Service
    
    
    33,253
    
    
    
    36,537
    
    
    
    1,421
    
    
    
    71,211
    
    
    
    65,324
    
    
    
    (1,640
    )
    
    
    134,895Resources
    
    
    29,674
    
    
    
    10,263
    
    
    
    1,464
    
    
    
    41,401
    
    
    
    30,286
    
    
    
    (2,723
    )
    
    
    68,964Total
    
    $
    527,648
    
    
    $
    101,219
    
    
    $
    14,861
    
    
    $
    643,728
    
    
    $
    212,075
    
    
    $
    (15,846
    )
    
    $
    839,957
 F-15




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 6. INVESTMENTS
  Amortized
    
    
    Unrealized
    
    
    Unrealized
    
    
    EstimatedCost
    
    
    Gains
    
    
    Losses
    
    
    Fair ValueAugust 31, 2008Available-for-sale debt securitiesAsset-backed securities
    
    $
    3,647
    
    
    $
    19
    
    
    $
    
    
    
    $
    3,666Certificates of deposit and time deposits
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Corporate debt securities
    
    
    27,278
    
    
    
    34
    
    
    
    (178
    )
    
    
    27,134Foreign government securities
    
    
    2,126
    
    
    
    10
    
    
    
    (55
    )
    
    
    2,081U.S. Treasury securities
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Total available-for-sale debt securities
    
    
    33,051
    
    
    
    63
    
    
    
    (233
    )
    
    
    32,881Available-for-sale equity securities
    
    
    2,620
    
    
    
    94
    
    
    
    (613
    )
    
    
    2,101Total available-for-sale securities
    
    
    35,671
    
    
    
    157
    
    
    
    (846
    )
    
    
    34,982Other
    
    
    4,334
    
    
    
    
    
    
    
    
    
    
    
    4,334Total investments as of August 31, 2008
    
    $
    40,005
    
    
    $
    157
    
    
    $
    (846
    )
    
    $
    39,316August 31, 2007Available-for-sale debt securitiesAsset-backed securities
    
    $
    27,459
    
    
    $
    1
    
    
    $
    (199
    )
    
    $
    27,261Certificates of deposit and time deposits
    
    
    56,000
    
    
    
    
    
    
    
    (14
    )
    
    
    55,986Corporate debt securities
    
    
    167,706
    
    
    
    29
    
    
    
    (669
    )
    
    
    167,066Foreign government securities
    
    
    3,264
    
    
    
    5
    
    
    
    (22
    )
    
    
    3,247U.S. Treasury securities
    
    
    56,362
    
    
    
    
    
    
    
    (483
    )
    
    
    55,879Total available-for-sale debt securities
    
    
    310,791
    
    
    
    35
    
    
    
    (1,387
    )
    
    
    309,439Available-for-sale equity securities
    
    
    2,477
    
    
    
    418
    
    
    
    (380
    )
    
    
    2,515Total available-for-sale securities
    
    
    313,268
    
    
    
    453
    
    
    
    (1,767
    )
    
    
    311,954Other
    
    
    1,259
    
    
    
    
    
    
    
    
    
    
    
    1,259Total investments as of August 31, 2007
    
    $
    314,527
    
    
    $
    453
    
    
    $
    (1,767
    )
    
    $
    313,213
  August 31, 2008Amortized
    
    
    EstimatedCost
    
    
    Fair ValueDue in 1 year or less
    
    $
    17,741
    
    
    $
    17,608Due in 1-2 years
    
    
    6,408
    
    
    
    6,391Due in 2-3 years
    
    
    780
    
    
    
    787Due in 3-4 years
    
    
    5,064
    
    
    
    5,070Due in 4-5 years
    
    
    350
    
    
    
    342Due after 5 years
    
    
    2,708
    
    
    
    2,683Total available-for-sale debt securities
    
    $
    33,051
    
    
    $
    32,881
 F-16




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
  Year Ended August 31,2008
    
    2007
    
    2006Proceeds from maturities
    
    $
    245,253
    
    
    $
    662,190
    
    
    $
    504,265Proceeds from sales
    
    
    64,288
    
    
    
    223,273
    
    
    
    153,364Gross realized gains
    
    
    830
    
    
    
    19,175
    
    
    
    3,347Gross realized losses
    
    
    556
    
    
    
    156
    
    
    
    305
 7. DERIVATIVE FINANCIAL INSTRUMENTS
    August 31,2008
    
    2007Notional
    
    Fair
    
    Notional
    
    FairValue
    
    Value
    
    Value
    
    ValueForeign currency forward exchange contracts:To sell
    
    $
    211,230
    
    
    $
    (163
    )
    
    $
    427,602
    
    
    $
    (8,470
    )To buy
    
    
    1,632,742
    
    
    
    15,604
    
    
    
    510,271
    
    
    
    3,726
 Cash Flow Hedges
 Accounting for Derivative Instruments and Hedging Activities
 Cash Flow Hedges: Measuring the
Ineffectiveness of a Cash Flow Hedge under Paragraph 30(b) When the Shortcut Method Is Not Applied
 F-17




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or
as otherwise disclosed)
  Other Derivatives
  8. BORROWINGS AND INDEBTEDNESS
  BorrowingsFacility Amount
    
    

Under 
FacilitiesSyndicated loan facility (1)
    
    $
    1,200,000
    
    
    $
    Separate bilateral, uncommitted, unsecured
multicurrency revolving credit facilities (2)
    
    
    350,000
    
    
    
    4,884Local guaranteed and non-guaranteed lines of credit (3)
    
    
    152,090
    
    
    
    Total
    
    $
    1,702,090
    
    
    $
    4,884
 
 (1)
    
    This facility, which matures on July 31, 2012, 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. This facility requires us to: (1) limit liens placed on the Companys
assets to (a) liens incurred in the ordinary course of business (subject to certain
qualifications) and (b) other liens securing obligations not to exceed 30% of the Companys
consolidated assets; and (2) maintain a debt-to-cash-flow ratio not exceeding 1.75 to 1.00.
The Company continues to be in compliance with these terms. As of August 31, 2008 and 2007,
the Company had no borrowings under the facility. The facility is subject to annual commitment
fees.(2)
    
    The Company maintains two separate bilateral, uncommitted and unsecured multicurrency
revolving credit facilities. These facilities provide local currency financing for the
majority of the Companys operations. Interest rate terms on the bilateral revolving
facilities are at market rates prevailing in the relevant local markets. As of August 31, 2008
and 2007, the Company had $4,884 and $924, respectively, of borrowings under these facilities.
The weighted average interest rate on borrowings under these multicurrency credit facilities
and lines of credit, based on the average annual balances, was approximately 8% in fiscal 2008
and 5% in fiscal 2007.(3)
    
    The Company also maintains local guaranteed and non-guaranteed lines of credit for those
locations that cannot access the Companys global facilities. As of August 31, 2008 and 2007,
the Company had no borrowings under these various facilities.  F-18




---



##### 



ACCENTURE SCA
 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
 Year Ended August 31,2008
    
    
    2007
    
    
    2006Current taxes:U.S. federal
    
    $
    311,270
    
    
    $
    361,351
    
    
    $
    216,549U.S. state and local
    
    
    37,774
    
    
    
    44,394
    
    
    
    30,935Non-U.S.
    
    
    615,306
    
    
    
    597,218
    
    
    
    463,586Total current tax expense
    
    
    964,350
    
    
    
    1,002,963
    
    
    
    711,070Deferred taxes:U.S. federal
    
    
    (60,911
    )
    
    
    (102,741
    )
    
    
    (102,321
    )U.S. state and local
    
    
    (8,056
    )
    
    
    (12,622
    )
    
    
    (14,617
    )Non-U.S.
    
    
    15,191
    
    
    
    8,261
    
    
    
    (103,597
    )Total deferred tax (benefit) expense
    
    
    (53,776
    )
    
    
    (107,102
    )
    
    
    (220,535
    )Total
    
    $
    910,574
    
    
    $
    895,861
    
    
    $
    490,535
   Year Ended August 31,2008
    
    
    2007
    
    
    2006U.S. sources
    
    $
    565,933
    
    
    $
    606,437
    
    
    $
    648,283Non-U.S. sources
    
    
    2,541,829
    
    
    
    2,012,481
    
    
    
    1,275,384Total
    
    $
    3,107,762
    
    
    $
    2,618,918
    
    
    $
    1,923,667
  Year Ended August 31,2008
    
    
    2007
    
    
    2006U.S. federal statutory income tax rate
    
    
    35.0
    %
    
    
    35.0
    %
    
    
    35.0
    %U.S. state and local taxes, net
    
    
    0.7
    
    
    
    1.0
    
    
    
    1.7Reorganization cost (benefits)
    
    
    0.3
    
    
    
    0.4
    
    
    
    (0.9
    )Final determinations (1)
    
    
    (3.9
    )
    
    
    (1.8
    )
    
    
    (10.8
    )Deferred tax revaluation (2)
    
    
    1.2
    
    
    
    1.0
    
    
    
    (3.8
    )Non-U.S. operations
    
    
    (5.9
    )
    
    
    (2.8
    )
    
    
    0.5Other
    
    
    1.9
    
    
    
    1.4
    
    
    
    3.8Effective income tax rate
    
    
    29.3
    %
    
    
    34.2
    %
    
    
    25.5
    %
 
 (1)
    
    Final determinations include final agreements with tax authorities and expirations of statutes
of limitations.(2)
    
    Related to updated estimates of the future benefits of
certain deferred tax assets and the impact of tax rate changes on deferred tax assets and
liabilities. F-19




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or
as otherwise disclosed)
  August 31,2008
    
    
    2007Deferred tax assets:Pensions
    
    $
    68,294
    
    
    $
    62,482Revenue recognition
    
    
    68,354
    
    
    
    61,206Compensation and benefits
    
    
    293,245
    
    
    
    235,905Stock-based Compensation
    
    
    254,844
    
    
    
    210,001Tax credit carryforwards
    
    
    27,441
    
    
    
    22,775Net operating loss carryforwards
    
    
    163,559
    
    
    
    173,402Depreciation and amortization
    
    
    150,317
    
    
    
    142,661Other
    
    
    267,355
    
    
    
    83,4271,293,409
    
    
    
    991,859Valuation allowance
    
    
    (143,144
    )
    
    
    (157,905
    )Total deferred tax assets
    
    
    1,150,265
    
    
    
    833,954Deferred tax liabilities:Revenue recognition
    
    
    (62,321
    )
    
    
    (64,440
    )Depreciation and amortization
    
    
    (27,592
    )
    
    
    (28,673
    )Investments
    
    
    (46,186
    )
    
    
    (59,347
    )Other
    
    
    (63,880
    )
    
    
    (44,300
    )Total deferred tax liabilities
    
    
    (199,979
    )
    
    
    (196,760
    )Net deferred tax assets
    
    $
    950,286
    
    
    $
    637,194
   F-20




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or
as otherwise disclosed)
  Balance as of September 1, 2007
    
    $
    1,031,800Additions for tax positions related to the current year
    
    
    174,585Additions for tax positions related to prior years
    
    
    46,720Reductions for tax positions related to prior years
    
    
    (131,102
    )Statute of limitations expirations
    
    
    (8,967
    )Settlements with tax authorities
    
    
    (26,035
    )Balance as of August 31, 2008
    
    $
    1,087,001
       F-21




---



##### 



ACCENTURE SCA
 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 Benefits
 Employers Accounting for
Pensions, Employers Accounting for Postretirement Benefits
Other Than Pensions, Employers Accounting for Defined Benefit Pension and Other Postretirement Plans,
an amendment of FASB Statements No. 87, 106, and 132(R)
   August 31, 2007
    
    
    
    
    
    August 31, 2007Before
    
    SFAS
    
    AfterSFAS No. 158
    
    No. 158
    
    SFAS No. 158Adjustments
    
    Adjustments
    
    AdjustmentsPrepaid benefit cost
    
    $
    146,330
    
    
    $
    14,544
    
    
    $
    160,874Deferred income taxes
    
    
    20,581
    
    
    
    (12,444
    )
    
    
    8,137Accrued benefit liability
    
    
    391,450
    
    
    
    (23,932
    )
    
    
    367,518Accumulated other comprehensive (loss) income
    
    
    (34,439
    )
    
    
    26,053
    
    
    
    (8,386
    )
 Assumptions
  Pension BenefitsYear Ended August 31,2008
    
    2007
    
    2006Non-U.S.
    
    
    
    Non-U.S.
    
    
    
    Non-U.S.U.S. Plans
    
    Plans
    
    U.S. Plans
    
    Plans
    
    U.S. Plans
    
    PlansDiscount rate
    
    
    6.25
    %
    
    
    5.08
    %
    
    
    6.50
    %
    
    
    4.68
    %
    
    
    5.25
    %
    
    
    4.28
    %Expected rate of return on plan assets
    
    
    7.50
    %
    
    
    5.97
    %
    
    
    7.50
    %
    
    
    5.67
    %
    
    
    7.50
    %
    
    
    5.57
    %Rate of increase in future
compensation
    
    
    4.50
    %
    
    
    3.84
    %
    
    
    4.50
    %
    
    
    3.45
    %
    
    
    4.50
    %
    
    
    3.27
    %
 F-22




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 Postretirement BenefitsYear Ended August 31,2008
    
    2007
    
    2006U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.Plans
    
    Plans
    
    Plans
    
    Plans
    
    Plans
    
    PlansDiscount rate
    
    
    6.25
    %
    
    
    5.70
    %
    
    
    6.50
    %
    
    
    6.00
    %
    
    
    5.25
    %
    
    
    5.50
    %Expected rate of return on plan assets
    
    
    7.50%/3.50
    %
    
    
    N/A
    
    
    
    7.50%/3.50
    %
    
    
    N/A
    
    
    
    7.50%/3.50
    %
    
    
    N/ARate of increase in future compensation
    
    
    N/A
    
    
    
    2.57
    %
    
    
    N/A
    
    
    
    2.90
    %
    
    
    N/A
    
    
    
    3.50
    %
  Pension Benefits
    
    Postretirement BenefitsYear Ended August 31,
    
    Year Ended August 31,2008
    
    2007
    
    2008
    
    2007U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.Plans
    
    Plans
    
    Plans
    
    Plans
    
    Plans
    
    Plans
    
    Plans
    
    PlansDiscount rate
    
    
    6.75
    %
    
    
    5.45
    %
    
    
    6.25
    %
    
    
    5.08
    %
    
    
    6.75
    %
    
    
    6.25
    %
    
    
    6.25
    %
    
    
    5.70
    %Rate of increase in
future compensation
    
    
    4.59
    %
    
    
    3.59
    %
    
    
    4.50
    %
    
    
    3.84
    %
    
    
    N/A
    
    
    
    2.64
    %
    
    
    N/A
    
    
    
    2.57
    %
  Assumed Health Care Cost Trend
  One Percentage Point
    
    One Percentage PointIncrease
    
    Decrease2008
    
    2007
    
    2008
    
    2007Effect on total of
service and
interest cost
components
    
    $
    952
    
    
    $
    1,332
    
    
    $
    (1,652
    )
    
    $
    (1,125
    )Effect on year-end
postretirement
benefit obligation
    
    
    12,723
    
    
    
    12,832
    
    
    
    (12,208
    )
    
    
    (11,158
    )
 F-23




---



##### 



ACCENTURE SCA
 NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or
as otherwise disclosed)
 Pension and Postretirement Benefits Expense
   Pension BenefitsYear Ended August 31,2008
    
    
    2007
    
    
    2006U.S.
    
    
    Non-U.S.
    
    
    U.S.
    
    
    Non-U.S.
    
    
    U.S.
    
    
    Non-U.S.Components of pension expense
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    PlansService cost
    
    $
    33,304
    
    
    $
    50,542
    
    
    $
    50,825
    
    
    $
    53,720
    
    
    $
    64,410
    
    
    $
    51,496Interest cost
    
    
    59,954
    
    
    
    33,846
    
    
    
    53,963
    
    
    
    28,491
    
    
    
    49,923
    
    
    
    20,865Expected return on plan
assets
    
    
    (70,553
    )
    
    
    (35,693
    )
    
    
    (59,784
    )
    
    
    (26,649
    )
    
    
    (52,318
    )
    
    
    (19,833
    )Amortization of loss (gain)
    
    
    1,918
    
    
    
    (1,497
    )
    
    
    1,271
    
    
    
    1,319
    
    
    
    31,140
    
    
    
    1,962Amortization of prior
service cost
    
    
    276
    
    
    
    488
    
    
    
    724
    
    
    
    684
    
    
    
    1,149
    
    
    
    709Curtailment (gain) loss
recognized
    
    
    (13,898
    )
    
    
    (497
    )
    
    
    (12,608
    )
    
    
    (1,640
    )
    
    
    
    
    
    
    183Settlement loss recognized
    
    
    
    
    
    
    626
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Special termination benefits
charge
    
    
    
    
    
    
    539
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    1,582Total
    
    $
    11,001
    
    
    $
    48,354
    
    
    $
    34,391
    
    
    $
    55,925
    
    
    $
    94,304
    
    
    $
    56,964
 Postretirement BenefitsYear Ended August 31,2008
    
    
    2007
    
    
    2006U.S.
    
    
    Non-U.S.
    
    
    U.S.
    
    
    Non-U.S.
    
    
    U.S.
    
    
    Non-U.S.Components of postretirement expense
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    PlansService cost
    
    $
    6,977
    
    
    $
    1,443
    
    
    $
    6,665
    
    
    $
    1,231
    
    
    $
    10,102
    
    
    $
    2,061Interest cost
    
    
    6,612
    
    
    
    1,839
    
    
    
    6,081
    
    
    
    1,522
    
    
    
    6,150
    
    
    
    1,766Expected return on
plan assets
    
    
    (1,637
    )
    
    
    
    
    
    
    (1,500
    )
    
    
    
    
    
    
    (1,419
    )
    
    
    Amortization of
transitional
obligation
    
    
    80
    
    
    
    
    
    
    
    80
    
    
    
    
    
    
    
    79
    
    
    
    Amortization of loss
    
    
    
    
    
    
    76
    
    
    
    
    
    
    
    95
    
    
    
    2,518
    
    
    
    198Amortization of
prior service cost
    
    
    (801
    )
    
    
    (842
    )
    
    
    (801
    )
    
    
    (753
    )
    
    
    (801
    )
    
    
    (281
    )Curtailment gain
recognized
    
    
    
    
    
    
    (31
    )
    
    
    
    
    
    
    (54
    )
    
    
    
    
    
    
    (472
    )Total
    
    $
    11,231
    
    
    $
    2,485
    
    
    $
    10,525
    
    
    $
    2,041
    
    
    $
    16,629
    
    
    $
    3,272
 F-24




---



##### 



ACCENTURE SCA
 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
  Pension Benefits
    
    
    Postretirement BenefitsYear Ended August 31,
    
    
    Year Ended August 31,2008
    
    
    2007
    
    
    2008
    
    
    2007U.S.
    
    
    Non-
    
    
    U.S.
    
    
    Non-
    
    
    U.S.
    
    
    Non-
    
    
    U.S.
    
    
    Non-Plans
    
    
    U.S. Plans
    
    
    Plans
    
    
    U.S. Plans
    
    
    Plans
    
    
    U.S. Plans
    
    
    Plans
    
    
    U.S. PlansChanges in benefit obligationBenefit obligation, beginning of
year
    
    $
    973,031
    
    
    $
    653,336
    
    
    $
    840,271
    
    
    $
    616,278
    
    
    $
    107,406
    
    
    $
    30,879
    
    
    $
    94,938
    
    
    $
    25,762Service cost
    
    
    33,304
    
    
    
    50,542
    
    
    
    50,825
    
    
    
    53,720
    
    
    
    6,977
    
    
    
    1,443
    
    
    
    6,665
    
    
    
    1,231Interest cost
    
    
    59,954
    
    
    
    33,846
    
    
    
    53,963
    
    
    
    28,491
    
    
    
    6,612
    
    
    
    1,839
    
    
    
    6,081
    
    
    
    1,522Amendments
    
    
    
    
    
    
    
    
    
    
    (37
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Termination benefits
    
    
    
    
    
    
    539
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Participant contributions
    
    
    
    
    
    
    8,286
    
    
    
    
    
    
    
    7,701
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Acquisitions/divestitures/transfers
    
    
    
    
    
    
    7,138
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Curtailments
    
    
    (14,424
    )
    
    
    (735
    )
    
    
    (13,373
    )
    
    
    (1,439
    )
    
    
    
    
    
    
    (119
    )
    
    
    
    
    
    
    (309
    )Actuarial (gain) loss
    
    
    (94,200
    )
    
    
    (33,115
    )
    
    
    59,806
    
    
    
    (52,035
    )
    
    
    (6,156
    )
    
    
    (3,882
    )
    
    
    1,128
    
    
    
    1,546Benefits paid
    
    
    (21,599
    )
    
    
    (23,480
    )
    
    
    (18,424
    )
    
    
    (17,751
    )
    
    
    (2,577
    )
    
    
    (561
    )
    
    
    (1,406
    )
    
    
    (366
    )Exchange rate loss
    
    
    
    
    
    
    (3,677
    )
    
    
    
    
    
    
    32,068
    
    
    
    
    
    
    
    231
    
    
    
    
    
    
    
    1,493Settlements
    
    
    
    
    
    
    (11,390
    )
    
    
    
    
    
    
    (13,697
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Benefit obligation, end of year
    
    $
    936,066
    
    
    $
    681,290
    
    
    $
    973,031
    
    
    $
    653,336
    
    
    $
    112,262
    
    
    $
    29,830
    
    
    $
    107,406
    
    
    $
    30,879Changes in plan assetsFair value of plan assets, beginning
of year
    
    $
    939,180
    
    
    $
    586,979
    
    
    $
    801,644
    
    
    $
    458,491
    
    
    $
    28,322
    
    
    $
    
    
    
    $
    26,577
    
    
    $
    Actual return on plan assets
    
    
    (79,069
    )
    
    
    (3,496
    )
    
    
    148,071
    
    
    
    34,212
    
    
    
    (988
    )
    
    
    
    
    
    
    2,672
    
    
    
    Acquisitions/divestitures/transfers
    
    
    
    
    
    
    2,230
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Employer contributions
    
    
    8,841
    
    
    
    42,706
    
    
    
    7,889
    
    
    
    92,291
    
    
    
    1,166
    
    
    
    561
    
    
    
    479
    
    
    
    366Participant contributions
    
    
    
    
    
    
    8,286
    
    
    
    
    
    
    
    7,701
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Benefits paid
    
    
    (21,599
    )
    
    
    (23,480
    )
    
    
    (18,424
    )
    
    
    (17,751
    )
    
    
    (2,577
    )
    
    
    (561
    )
    
    
    (1,406
    )
    
    
    (366
    )Exchange rate (gain) loss
    
    
    
    
    
    
    (13,519
    )
    
    
    
    
    
    
    25,732
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Settlements
    
    
    
    
    
    
    (11,390
    )
    
    
    
    
    
    
    (13,697
    )
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Fair value of plan assets, end
of year
    
    $
    847,353
    
    
    $
    588,316
    
    
    $
    939,180
    
    
    $
    586,979
    
    
    $
    25,923
    
    
    $
    
    
    
    $
    28,322
    
    
    $
    Reconciliation of funded statusFunded status
    
    $
    (88,713
    )
    
    $
    (92,974
    )
    
    $
    (33,851
    )
    
    $
    (66,357
    )
    
    $
    (86,339
    )
    
    $
    (29,830
    )
    
    $
    (79,084
    )
    
    $
    (30,879
    )Unrecognized transitional obligation
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    357
    
    
    
    
    
    
    
    437
    
    
    
    Unrecognized loss (gain)
    
    
    82,871
    
    
    
    7,863
    
    
    
    29,367
    
    
    
    5,185
    
    
    
    (1,441
    )
    
    
    (785
    )
    
    
    2,090
    
    
    
    2,978Unrecognized prior service cost
(credit)
    
    
    409
    
    
    
    (10,625
    )
    
    
    1,211
    
    
    
    (9,375
    )
    
    
    (5,704
    )
    
    
    (8,196
    )
    
    
    (6,505
    )
    
    
    (8,865
    )Contribution made after
measurement date
    
    
    
    
    
    
    2,000
    
    
    
    
    
    
    
    3,462
    
    
    
    
    
    
    
    90
    
    
    
    
    
    
    
    64Net amount recognized at year-end
    
    $
    (5,433
    )
    
    $
    (93,736
    )
    
    $
    (3,273
    )
    
    $
    (67,085
    )
    
    $
    (93,127
    )
    
    $
    (38,721
    )
    
    $
    (83,062
    )
    
    $
    (36,702
    )Amounts recognized in the
Consolidated Balance Sheets
consist of:Prepaid benefit cost
    
    $
    37,780
    
    
    $
    52,585
    
    
    $
    99,510
    
    
    $
    61,364
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    Accrued benefit liability
    
    
    (126,493
    )
    
    
    (143,558
    )
    
    
    (133,361
    )
    
    
    (124,259
    )
    
    
    (86,339
    )
    
    
    (29,740
    )
    
    
    (79,084
    )
    
    
    (30,815
    )Accumulated other comprehensive
loss (income), pre-tax
    
    
    83,280
    
    
    
    (2,763
    )
    
    
    30,578
    
    
    
    (4,190
    )
    
    
    (6,788
    )
    
    
    (8,981
    )
    
    
    (3,978
    )
    
    
    (5,887
    )Net amount recognized at year-end
    
    $
    (5,433
    )
    
    $
    (93,736
    )
    
    $
    (3,273
    )
    
    $
    (67,085
    )
    
    $
    (93,127
    )
    
    $
    (38,721
    )
    
    $
    (83,062
    )
    
    $
    (36,702
    )
 Accumulated Other Comprehensive Income
  F-25




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 Pension Benefits
    
    
    Postretirement BenefitsYear Ended August 31,
    
    
    Year Ended August 31,2008
    
    
    2008U.S.
    
    
    Non-U.S.
    
    
    U.S.
    
    
    Non-U.S.Plans
    
    
    Plans
    
    
    Plans
    
    
    PlansNet
actuarial loss (gain)
    
    $
    82,871
    
    
    $
    7,863
    
    
    $
    (1,441
    )
    
    $
    (785
    )Prior service cost (credit)
    
    
    409
    
    
    
    (10,626
    )
    
    
    (5,704
    )
    
    
    (8,196
    )Transition obligation
    
    
    
    
    
    
    
    
    
    
    357
    
    
    
    Total
    
    $
    83,280
    
    
    $
    (2,763
    )
    
    $
    (6,788
    )
    
    $
    (8,981
    )
  Pension Benefits
    
    
    Postretirement BenefitsU.S.
    
    
    Non-U.S.
    
    
    U.S.
    
    
    Non-U.S.Plans
    
    
    Plans
    
    
    Plans
    
    
    PlansActuarial loss (gain)
    
    $
    1,575
    
    
    $
    (1,178
    )
    
    $
    
    
    
    $
    (45
    )Prior service cost (credit)
    
    
    210
    
    
    
    (609
    )
    
    
    (801
    )
    
    
    (809
    )Transition obligation
    
    
    
    
    
    
    
    
    
    
    80
    
    
    
    Total
    
    $
    1,785
    
    
    $
    (1,787
    )
    
    $
    (721
    )
    
    $
    (854
    )
 Funded Status for Defined Benefit Plans
   August 31,2008
    
    2007U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.Plans
    
    Plans
    
    Plans
    
    PlansAccumulated benefit
obligation
    
    $
    914,104
    
    
    $
    592,941
    
    
    $
    934,825
    
    
    $
    545,494
  Pension Benefits
    
    Postretirement Benefits2008
    
    2007
    
    2008
    
    2007U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.
    
    U.S.
    
    Non-U.S.Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    Plans
    
    
    PlansProjected benefit obligation in excess of plan assets:Projected benefit obligation
    
    $
    126,493
    
    
    $
    271,922
    
    
    $
    133,361
    
    
    $
    212,043
    
    
    $
    112,262
    
    
    $
    29,830
    
    
    $
    107,406
    
    
    $
    30,879Fair value of plan assets
    
    
    
    
    
    
    128,177
    
    
    
    
    
    
    
    87,905
    
    
    
    25,923
    
    
    
    
    
    
    
    28,322
    
    
    
    Accumulated benefit obligation in excess of plan assets:Accumulated benefit obligation
    
    $
    126,493
    
    
    $
    238,832
    
    
    $
    133,361
    
    
    $
    188,609
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    Fair value of plan assets
    
    
    
    
    
    
    127,877
    
    
    
    
    
    
    
    87,905
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
 F-26




---



##### 



ACCENTURE SCA
 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
   Non-U.S. Pension Plans
  Plan Assets
  Pension Plans
 Plan Assets as of August 31,2009 Target Allocation
    
    
    2008
    
    
    2007Non-U.S.
    
    
    
    
    
    
    Non-U.S.
    
    
    
    
    
    
    Non-U.S.Asset Category
    
    U.S. Plans
    
    
    Plans
    
    
    U.S. Plans
    
    
    Plans
    
    
    U.S. Plans
    
    
    PlansEquity securities
    
    
    60
    %
    
    
    40-50
    %
    
    
    80
    %
    
    
    43
    %
    
    
    81
    %
    
    
    48
    %Debt securities
    
    
    40
    
    
    
    35-45
    
    
    
    20
    
    
    
    40
    
    
    
    18
    
    
    
    38Cash and short-term
investments
    
    
    
    
    
    
    0-5
    
    
    
    
    
    
    
    
    
    
    
    1
    
    
    
    Insurance contracts
    
    
    
    
    
    
    0-5
    
    
    
    
    
    
    
    1
    
    
    
    
    
    
    
    1Other
    
    
    
    
    
    
    10-15
    
    
    
    
    
    
    
    16
    
    
    
    
    
    
    
    13Total
    
    
    100
    %
    
    
    100
    %
    
    
    100
    %
    
    
    100
    %
    
    
    100
    %
    
    
    100
    %
 F-27




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or
as otherwise disclosed)
 U.S. Postretirement Plan(1)
 2009 Target
    
    
    August 31,Asset Category
    
    Allocation
    
    
    2008
    
    
    2007Equity securities
    
    
    36
    %
    
    
    35
    %
    
    
    39
    %Debt securities
    
    
    24
    
    
    
    24
    
    
    
    16Cash and short-term
investments
    
    
    40
    
    
    
    41
    
    
    
    45Total
    
    
    100
    %
    
    
    100
    %
    
    
    100
    %
 
 (1)
    
    The non-U.S. plans are unfunded and thus the table only relates to the U.S. Plans. Expected Contributions
  Estimated Future Benefit Payments
  Pension Benefits
    
    
    Postretirement BenefitsU.S. Plans
    
    
    Non-U.S. Plans
    
    
    U.S. Plans
    
    
    Non-U.S. Plans2009
    
    $
    22,052
    
    
    $
    15,967
    
    
    $
    3,869
    
    
    $
    7322010
    
    
    25,464
    
    
    
    17,871
    
    
    
    4,764
    
    
    
    8282011
    
    
    28,141
    
    
    
    19,761
    
    
    
    5,733
    
    
    
    9402012
    
    
    30,870
    
    
    
    22,217
    
    
    
    6,602
    
    
    
    1,0522013
    
    
    33,552
    
    
    
    25,363
    
    
    
    7,753
    
    
    
    1,1762014-2018
    
    
    217,751
    
    
    
    157,910
    
    
    
    59,248
    
    
    
    8,159
 Defined Contribution Plans
    F-28




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or
as otherwise disclosed)
  11. SHARE-BASED COMPENSATION
 Share Incentive Plan
   Year Ended August 31,2008
    
    
    2007
    
    
    2006Total share-based compensation expense included in Net income
    
    $
    377,365
    
    
    $
    306,795
    
    
    $
    270,884Income tax benefit related to share-based compensation
included in Net income
    
    
    119,647
    
    
    
    102,823
    
    
    
    93,029
 Restricted Share Units
  2008Number of
    
    
    Weighted AverageRestricted Share
    
    
    Grant-Date FairUnits
    
    
    ValueNonvested balance as of August 31, 2007
    
    
    40,017,792
    
    
    $
    26.81Granted
    
    
    13,576,452
    
    
    
    37.52Vested
    
    
    (7,499,963
    )
    
    
    23.56Forfeited
    
    
    (2,078,211
    )
    
    
    28.13Nonvested balance as of August 31, 2008
    
    
    44,016,070
    
    
    $
    30.61
  Stock Options
  F-29




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
  Weighted AverageRemainingWeighted Average
    
    
    Contractual Term
    
    
    Aggregate IntrinsicNumber of Options
    
    
    Exercise Price
    
    
    (In Years)
    
    
    ValueOptions outstanding as of
August 31, 2007
    
    
    42,872,677
    
    
    $
    19.10
    
    
    
    5.4
    
    
    $
    954,027Granted
    
    
    52,704
    
    
    
    39.92Exercised
    
    
    (7,620,233
    )
    
    
    18.93Forfeited
    
    
    (324,084
    )
    
    
    22.40Options outstanding as of
August 31, 2008
    
    
    34,981,064
    
    
    $
    19.14
    
    
    
    4.5
    
    
    $
    779,362Options exercisable as of August 31, 2008
    
    
    32,789,179
    
    
    $
    18.69
    
    
    
    4.3
    
    
    $
    745,341Options exercisable as of August 31, 2007
    
    
    37,696,081
    
    
    
    18.45
    
    
    
    5.2
    
    
    
    863,541Options exercisable as of August 31, 2006
    
    
    44,177,710
    
    
    
    17.35
    
    
    
    5.8
    
    
    
    522,702
   Year Ended August 31,2008
    
    
    2007
    
    
    2006Weighted average grant-date fair value
of stock
options granted
    
    $
    15.51
    
    
    $
    14.15
    
    
    $
    11.13Total fair value of stock options vested
    
    
    28,483
    
    
    
    79,730
    
    
    
    102,333Total intrinsic value of stock options
exercised
    
    
    150,711
    
    
    
    249,004
    
    
    
    197,111
   Year Ended August 31,2008
    
    2007
    
    2006Expected life (in years)
    
    
    7.0
    
    
    
    6.9
    
    
    
    7.4Risk-free interest rate
    
    
    4.35
    %
    
    
    4.65
    %
    
    
    4.15
    %Expected volatility
    
    
    33
    %
    
    
    35
    %
    
    
    37
    %Expected dividend yield
    
    
    1
    %
    
    
    1
    %
    
    
    1
    %
 Share-Based Payment, Share-Based Payment.
 F-30




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 Employee Share Purchase Plan
  12. SHAREHOLDERS EQUITY
 Class I Common Shares
   Class II and Class III common shares
   F-31




---



##### 



ACCENTURE SCA
 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 Purchase And Redemption Activity
   Accenture SCA Class I, II and IIICommon Shares and AccentureAccenture Ltd Class A
    
    
    Canada Holdings Inc. ExchangeableCommon Shares
    
    
    Shares
    
    
    TotalShares
    
    Amount
    
    Shares
    
    Amount
    
    Shares
    
    AmountAccenture SCA Class I common
shares
    
    
    
    
    
    $
    
    
    
    
    41,166,044
    
    
    $
    1,569,994
    
    
    
    41,166,044
    
    
    $
    1,569,994Accenture Canada Holdings Inc.
exchangeable shares
    
    
    
    
    
    
    
    
    
    
    591,071
    
    
    
    22,944
    
    
    
    591,071
    
    
    
    22,944Accenture Ltd Class A common shares (1)
    
    
    5,898,398
    
    
    
    196,357
    
    
    
    
    
    
    
    
    
    
    
    5,898,398
    
    
    
    196,357Other purchases (2)
    
    
    2,874,791
    
    
    
    113,887
    
    
    
    
    
    
    
    
    
    
    
    2,874,791
    
    
    
    113,887Inter-company redemptions of SCA
Class II common shares and SCA
Class III common shares (3)
    
    
    
    
    
    
    
    
    
    
    22,444,363
    
    
    
    613,782
    
    
    
    22,444,363
    
    
    
    613,782Total
    
    
    8,773,189
    
    
    $
    310,244
    
    
    
    64,201,478
    
    
    $
    2,206,720
    
    
    
    72,974,667
    
    
    $
    2,516,964
 
 (1)
    
    On February 1, 2008, Accenture Equity Finance B.V., an indirect subsidiary of Accenture SCA,
purchased 5,898,398 Accenture Ltd Class A common shares at a per share price of $33.29,
resulting in a cash outlay of approximately $196,357. Shares from this transaction were
purchased from certain former senior executives residing outside the United States.(2)
    
    During the year ended August 31, 2008, as authorized under Accentures various employee
equity share plans, Accenture and the Company acquired Accenture Ltd Class A common shares
primarily via share withholding for payroll tax obligations due from employees and former
employees in connection with the delivery of Accenture Ltd Class A common shares under those
plans.(3)
    
    On November 15, 2007, the Company redeemed 5,560,935 Accenture SCA Class II common shares and
6,633,400 Accenture SCA Class III common shares from Accenture for total consideration of
$255,730, which included a cash outlay of approximately $252,232. These redemptions were made
in transactions unrelated to publicly announced share plans or programs. Transactions
involving Accenture SCA Class II and Class III common shares consist exclusively of
inter-company transactions undertaken to facilitate other corporate purposes. For the year
ended August 31, 2008, in addition to the 6,633,400 Accenture SCA Class III common shares
mentioned above, the Company redeemed 10,250,028 Accenture SCA Class III common shares held by
Accenture for consideration of approximately $358,052.  Other Share Redemptions
  F-32




---



##### 



ACCENTURE SCA
 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 Subsequent Event
  Class III Common Shares
 
 August 31, 2008
    
    
    August 31, 2007Title of Issuance
    
    Authorized
    
    
    Issued Shares
    
    
    Amount
    
    
    Issued Shares
    
    
    AmountClass III
    
    
    9,782,549,738
    
    
    
    631,538,942
    
    
    $
    717,681
    
    
    
    572,609,348
    
    
    $
    646,817Class III-A
    
    
    5,000,000
    
    
    
    5,000,000
    
    
    
    5,435
    
    
    
    5,000,000
    
    
    
    5,435Class III-B
    
    
    5,000,000
    
    
    
    5,000,000
    
    
    
    5,435
    
    
    
    5,000,000
    
    
    
    5,435Class III-C
    
    
    10,000,000
    
    
    
    10,000,000
    
    
    
    10,870
    
    
    
    10,000,000
    
    
    
    10,870Class III-D
    
    
    10,000,000
    
    
    
    10,000,000
    
    
    
    10,870
    
    
    
    10,000,000
    
    
    
    10,870Class III-E
    
    
    15,000,000
    
    
    
    15,000,000
    
    
    
    16,304
    
    
    
    15,000,000
    
    
    
    16,304Class III-F
    
    
    15,000,000
    
    
    
    15,000,000
    
    
    
    16,304
    
    
    
    15,000,000
    
    
    
    16,304Class III-G
    
    
    20,000,000
    
    
    
    20,000,000
    
    
    
    21,739
    
    
    
    20,000,000
    
    
    
    21,739Class III-H
    
    
    25,000,000
    
    
    
    25,000,000
    
    
    
    27,174
    
    
    
    25,000,000
    
    
    
    27,174Class III-I
    
    
    5,000,000
    
    
    
    5,000,000
    
    
    
    5,435
    
    
    
    5,000,000
    
    
    
    5,435Class III-J
    
    
    5,000,000
    
    
    
    5,000,000
    
    
    
    5,435
    
    
    
    5,000,000
    
    
    
    5,435Class III-K
    
    
    16,050,000
    
    
    
    16,050,000
    
    
    
    18,074
    
    
    
    16,050,000
    
    
    
    18,074Class III-L
    
    
    5,025,720
    
    
    
    5,025,720
    
    
    
    5,540
    
    
    
    5,025,720
    
    
    
    5,540Class III-M
    
    
    68,626,707
    
    
    
    68,626,707
    
    
    
    78,398
    
    
    
    68,626,707
    
    
    
    78,398Class III-N
    
    
    12,747,835
    
    
    
    12,747,835
    
    
    
    18,301
    
    
    
    12,747,835
    
    
    
    18,301Total
    
    
    10,000,000,000
    
    
    
    848,989,204
    
    
    $
    962,995
    
    
    
    790,059,610
    
    
    $
    892,131
 14. LEASE COMMITMENTS
  August 31,2008
    
    2007
    
    2006Rental expense
    
    $
    515,161
    
    
    $
    452,938
    
    
    $
    413,722Sublease income from third
parties
    
    
    37,625
    
    
    
    35,147
    
    
    
    29,249
 F-33




---



##### 



ACCENTURE SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
  Operating
    
    
    OperatingLease
    
    
    SubleasePayments
    
    
    Income2009
    
    $
    426,698
    
    
    $
    (37,276
    )2010
    
    
    334,684
    
    
    
    (34,272
    )2011
    
    
    265,139
    
    
    
    (27,300
    )2012
    
    
    197,310
    
    
    
    (24,908
    )2013
    
    
    161,134
    
    
    
    (24,078
    )Thereafter
    
    
    874,770
    
    
    
    (96,199
    )$
    2,259,735
    
    
    $
    (244,033
    )
 15. COMMITMENTS AND CONTINGENCIES
 Guarantees
    Legal Contingencies
  F-34




---



##### 



ACCENTURE SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
 16. SEGMENT REPORTING
 Disclosures about Segments of an Enterprise
and Related Information
  
 Comm. &
    
    
    Financial
    
    
    
    
    
    
    PublicYear Ended August 31:
    
    High Tech
    
    
    Services
    
    
    Products (3)
    
    
    Service (3)
    
    
    Resources
    
    
    Other
    
    
    Total2008Revenues before
reimbursements
    
    $
    5,449,737
    
    
    $
    5,005,039
    
    
    $
    6,068,589
    
    
    $
    2,870,765
    
    
    $
    3,963,477
    
    
    $
    29,195
    
    
    $
    23,386,802Depreciation(1)
    
    
    72,924
    
    
    
    69,566
    
    
    
    78,849
    
    
    
    42,658
    
    
    
    54,866
    
    
    
    
    
    
    
    318,863Operating income
    
    
    656,785
    
    
    
    660,560
    
    
    
    863,893
    
    
    
    260,245
    
    
    
    570,099
    
    
    
    
    
    
    
    3,011,582Assets as of August 31(2)
    
    
    816,081
    
    
    
    303,364
    
    
    
    522,526
    
    
    
    638,371
    
    
    
    480,202
    
    
    
    (28,262
    )
    
    
    2,732,2822007Revenues before
reimbursements
    
    $
    4,600,460
    
    
    $
    4,357,327
    
    
    $
    4,913,220
    
    
    $
    2,560,530
    
    
    $
    3,242,596
    
    
    $
    21,681
    
    
    $
    19,695,814Depreciation(1)
    
    
    57,294
    
    
    
    62,053
    
    
    
    58,361
    
    
    
    40,632
    
    
    
    42,150
    
    
    
    
    
    
    
    260,490Operating income
    
    
    581,780
    
    
    
    490,433
    
    
    
    669,201
    
    
    
    272,411
    
    
    
    478,794
    
    
    
    
    
    
    
    2,492,619Assets as of August 31(2)
    
    
    774,748
    
    
    
    108,180
    
    
    
    456,967
    
    
    
    451,596
    
    
    
    332,719
    
    
    
    22,428
    
    
    
    2,146,6382006Revenues before
reimbursements
    
    $
    4,177,061
    
    
    $
    3,558,147
    
    
    $
    4,010,698
    
    
    $
    2,221,121
    
    
    $
    2,665,778
    
    
    $
    13,586
    
    
    $
    16,646,391Depreciation(1)
    
    
    58,307
    
    
    
    57,437
    
    
    
    47,350
    
    
    
    60,421
    
    
    
    43,339
    
    
    
    
    
    
    
    266,854Operating income
    
    
    630,502
    
    
    
    387,786
    
    
    
    399,853
    
    
    
    83,416
    
    
    
    339,502
    
    
    
    
    
    
    
    1,841,059Assets as of August 31(2)
    
    
    550,333
    
    
    
    86,733
    
    
    
    357,364
    
    
    
    528,415
    
    
    
    316,399
    
    
    
    21,239
    
    
    
    1,860,483
 
 (1)
    
    This amount includes depreciation on property and equipment controlled by each operating
segment, as well as an allocation for depreciation on property and equipment they do not
directly control.(2)
    
    Operating segment assets directly attributed to an operating segment and provided to the
chief operating decision maker include Receivables from clients, current and non-current
Unbilled services, Deferred contract costs and current and non-current Deferred revenues.(3)
    
    During the second quarter of fiscal 2006, in connection with certain large, long-term
contracts (the NHS Contracts), the Company recorded a $450,000 aggregate loss provision that
was reflected in Cost of services. The Company later entered into an agreement to transfer to
a third
party the majority of its rights and obligations under the NHS Contracts. This agreement
resulted in a $339,000 reduction in net revenues in the fourth quarter of fiscal 2006, which was
offset by a $339,000 decrease in Cost of services, including a reversal of the remainder of the
loss provision recorded earlier in fiscal 2006. These adjustments were reflected in the
operating results of the Companys Products and Public Service operating groups.  F-35




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##### 



ACCENTURE SCA
 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS  (continued)
(In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed)
  Year Ended August 31:
    
    Americas
    
    
    EMEA(1)
    
    
    Asia Pacific
    
    
    Total2008Net revenues
    
    $
    9,725,808
    
    
    $
    11,545,905
    
    
    $
    2,115,089
    
    
    $
    23,386,802Reimbursements
    
    
    961,683
    
    
    
    749,232
    
    
    
    216,109
    
    
    
    1,927,024Revenues
    
    
    10,687,491
    
    
    
    12,295,137
    
    
    
    2,331,198
    
    
    
    25,313,826Long-lived assets as
of August 31
    
    
    280,812
    
    
    
    295,301
    
    
    
    224,051
    
    
    
    800,1642007Net revenues
    
    $
    8,482,646
    
    
    $
    9,533,746
    
    
    $
    1,679,422
    
    
    $
    19,695,814Reimbursements
    
    
    869,589
    
    
    
    705,851
    
    
    
    181,493
    
    
    
    1,756,933Revenues
    
    
    9,352,235
    
    
    
    10,239,597
    
    
    
    1,860,915
    
    
    
    21,452,747Long-lived assets as
of August 31
    
    
    320,835
    
    
    
    268,355
    
    
    
    218,879
    
    
    
    808,0692006Net revenues
    
    $
    7,741,139
    
    
    $
    7,643,712
    
    
    $
    1,261,540
    
    
    $
    16,646,391Reimbursements
    
    
    824,750
    
    
    
    637,152
    
    
    
    120,073
    
    
    
    1,581,975Revenues
    
    
    8,565,889
    
    
    
    8,280,864
    
    
    
    1,381,613
    
    
    
    18,228,366Long-lived assets as
of August 31
    
    
    330,185
    
    
    
    247,944
    
    
    
    149,563
    
    
    
    727,692
 
 (1)
    
    EMEA includes Europe, Middle East and Africa.  Year Ended August 31,2008
    
    
    2007
    
    
    2006United States
    
    
    34
    %
    
    
    36
    %
    
    
    39
    %United Kingdom
    
    
    12
    
    
    
    14
    
    
    
    13
  August 31,2008
    
    
    2007
    
    
    2006United States
    
    
    29
    %
    
    
    34
    %
    
    
    40
    %United Kingdom
    
    
    10
    
    
    
    11
    
    
    
    13India
    
    
    15
    
    
    
    15
    
    
    
    11
  Year Ended August 31,2008
    
    
    2007
    
    
    2006Consulting
    
    $
    14,117,186
    
    
    $
    11,856,263
    
    
    $
    9,892,128Outsourcing
    
    
    9,269,616
    
    
    
    7,839,551
    
    
    
    6,754,263Net revenues
    
    
    23,386,802
    
    
    
    19,695,814
    
    
    
    16,646,391Reimbursements
    
    
    1,927,024
    
    
    
    1,756,933
    
    
    
    1,581,975Revenues
    
    $
    25,313,826
    
    
    $
    21,452,747
    
    
    $
    18,228,366
 F-36




---



##### 



ACCENTURE SCA
 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)
 First
    
    
    Second
    
    
    Third
    
    
    FourthYear Ended August 31, 2008
    
    Quarter
    
    
    Quarter
    
    
    Quarter
    
    
    Quarter
    
    
    AnnualNet revenues
    
    $
    5,673,913
    
    
    $
    5,611,314
    
    
    $
    6,102,059
    
    
    $
    5,999,516
    
    
    $
    23,386,802Reimbursements
    
    
    428,044
    
    
    
    446,309
    
    
    
    491,142
    
    
    
    561,529
    
    
    
    1,927,024Revenues
    
    
    6,101,957
    
    
    
    6,057,623
    
    
    
    6,593,201
    
    
    
    6,561,045
    
    
    
    25,313,826Cost of services before
reimbursable expenses
    
    
    3,968,836
    
    
    
    3,958,264
    
    
    
    4,179,378
    
    
    
    4,094,739
    
    
    
    16,201,217Reimbursable expenses
    
    
    428,044
    
    
    
    446,309
    
    
    
    491,142
    
    
    
    561,529
    
    
    
    1,927,024Cost of services
    
    
    4,396,880
    
    
    
    4,404,573
    
    
    
    4,670,520
    
    
    
    4,656,268
    
    
    
    18,128,241Operating income
    
    
    726,399
    
    
    
    638,057
    
    
    
    862,154
    
    
    
    784,972
    
    
    
    3,011,582Net income
    
    
    499,189
    
    
    
    528,426
    
    
    
    600,819
    
    
    
    541,268
    
    
    
    2,169,702
 First
    
    
    Second
    
    
    Third
    
    
    FourthYear Ended August 31, 2007
    
    Quarter
    
    
    Quarter
    
    
    Quarter
    
    
    Quarter
    
    
    AnnualNet revenues
    
    $
    4,754,088
    
    
    $
    4,749,838
    
    
    $
    5,081,804
    
    
    $
    5,110,084
    
    
    $
    19,695,814Reimbursements
    
    
    412,271
    
    
    
    419,515
    
    
    
    461,880
    
    
    
    463,267
    
    
    
    1,756,933Revenues
    
    
    5,166,359
    
    
    
    5,169,353
    
    
    
    5,543,684
    
    
    
    5,573,351
    
    
    
    21,452,747Cost of services before
reimbursable expenses
    
    
    3,321,844
    
    
    
    3,344,772
    
    
    
    3,471,962
    
    
    
    3,515,763
    
    
    
    13,654,341Reimbursable expenses
    
    
    412,271
    
    
    
    419,515
    
    
    
    461,880
    
    
    
    463,267
    
    
    
    1,756,933Cost of services
    
    
    3,734,115
    
    
    
    3,764,287
    
    
    
    3,933,842
    
    
    
    3,979,030
    
    
    
    15,411,274Operating income
    
    
    609,592
    
    
    
    559,392
    
    
    
    681,529
    
    
    
    642,106
    
    
    
    2,492,619Net income
    
    
    398,219
    
    
    
    406,270
    
    
    
    465,383
    
    
    
    419,994
    
    
    
    1,689,866
 F-37