VEIP Investment Review
The value of Accenture’s VEIP program is totally dependent on the stock price. Is it still worth the investment?
Dan M
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Accenture Q4 FY’23 Earnings
The market focuses on three main headlines for earnings reports. These are EPS, revenue, and outlook. Accenture missed 2 of 3, and the market reacted. If not for “business optimization moving ahead of schedule,” the EPS number might have missed estimates, too, making it 3/3 misses. This wasn’t a pretty earnings call. While Accenture did […]
Accenture Q3 FY’23 Earnings
Executive Summary While earnings and revenue beat estimates for Q3 FY’23, the market reaction was driven by full-year revenue growth guidance, which was pared down from 8%-10% to 8%-9%, driven by lowered forecasts in Q4. The talk of AI couldn’t deter from the fact that bookings for the quarter were below estimates and look flat […]
SECURE Act 2.0: What you need to know
While you were on your holiday, the SECURE Act 2.0 passed the House and Senate and was signed into law by President Biden. The bill aims to strengthen the retirement system by making several changes to existing policies, although it does nothing to shore up social security. Let’s get into the details of what might […]
Accenture Managing Director Webinar
Accenture MDs deserve expert help in navigating complicated compensation. Learn how to maximize benefits from the only independent financial advisor who specializes in working with Managing Directors. Join me Friday, December 9th at 12pm MST by registering for a FREE webinar: We’ll use our time to: I’ll provide an example of VEIP impacts on monthly […]
The VEIP: A Historical Review
VEIP enrollment is here again, so it’s time for Accenture Managing Directors to decide how much of their cash flow they want to kill! The VEIP cash flow crunch is very real, and if this is your first year to sign up, you need to ensure you’re prepared for the cash flow impacts. I’ve written […]
Some upside to $ACN’s downside
Fishbowl is blowing up with MDs who are unhappy with the performance of Accenture’s share price over the last six months. The feeling of lower compensation is real and many are not happy about it. Rightfully so, the share price is down 35% since it peaked at the beginning of the year. Even more painful, […]
About that MD tax bill
If you’re a managing director at Accenture, you probably sent in a large payment for your federal taxes ahead of yesterday’s deadline. If you’ve been an MD for a few years, you might have expected it, but I’d venture to guess new MDs were quite surprised. In fact, if 2021 was the year you received […]
The Downside of Equity-Based Compensation
Over the decades, many companies have switched at least part of their executive compensation to equity-based through the use of Restricted Share Units (RSUs). You aren’t guaranteed income like you are through a salary, but it gives you a chance to build wealth even faster – if the stock price is going up, of course! […]
Accenture: Work Hard, Play Hard
It was the mantra of Accenture when I started in 2004. A carryover from the Andersen days described the culture of Accenture: we work hard, but we play hard. It was taught from the beginning when long days spent at Analyst training at the Q Center were topped off by even longer nights at Cadillac […]