================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
--------------
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
------------
Date of report (Date of earliest event reported): November 9, 2001
ACCENTURE LTD
(Exact Name of Registrant as Specified in Charter)
Bermuda 001-16565 98-0341111
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
Cedar House
41 Cedar Avenue
Hamilton HM12, Bermuda
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (441) 296-8262
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
================================================================================
Item 4. Change in Registrant's Certifying Accountant.
--------------------------------------------
At the request of the Audit Committee of the Board of Directors of
Accenture Ltd ("Accenture"), PricewaterhouseCoopers LLP ("PwC") resigned as the
independent accountant for Accenture and its subsidiaries effective upon
completion of the audit of the August 31, 2001 financial statements, which is
expected to occur at the end of November 2001. Accenture's request for PwC's
resignation was not based on concerns as to the quality of PwC's work or on any
disagreements with PwC. It was based upon the continuing competitive situation
between PwC's consulting practice and Accenture, which Accenture had expected to
be eliminated some time ago.
The Audit Committee of Accenture's Board of Directors has begun a
process to select a successor independent accountant and expects to propose the
appointment of a successor independent accountant by the end of November 2001.
PwC was appointed as the independent accountant of Accenture in
September 2000 and in connection with Accenture's initial public offering
audited the fiscal 2000, 1999 and 1998 financial statements. The report of PwC
on these financial statements contained no adverse opinion or disclaimer of
opinion and was not qualified or modified as to uncertainty, audit scope or
accounting principles.
In connection with the audit referred to above and through November 9,
2001, there were no:
(i) disagreements between Accenture and PwC on any matter of
accounting principles or practices, financial statement disclosure, or
auditing scope or procedure which disagreements, if not resolved to the
satisfaction of PwC, would have caused them to make reference to the
subject matter of the disagreement or disagreements in their report on the
financial statements for such years; or
(ii) reportable events involving PwC that would have required
disclosure under Item 304(a)(1)(v) of Regulation S-K.
Accenture has requested that PwC furnish it with a letter addressed to
the Securities and Exchange Commission stating whether or not it agrees with the
above statements. A copy of such letter, dated November 9, 2001, is filed as
Exhibit 16.1 to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
------------------------------------------------------------------
(c) Exhibits
16.1 Letter from PricewaterhouseCoopers LLP to the Commission dated
November 9, 2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ACCENTURE LTD
By: /s/ Douglas G. Scrivner
---------------------------
Name: Douglas G. Scrivner
Title: General Counsel and
Secretary
Date: November 9, 2001
INDEX TO EXHIBITS
Exhibit Number Exhibit
-------------- -------
16.1 Letter from PricewaterhouseCoopers LLP to the
Commission, dated November 9, 2001