Other
Foreign currency effect
Accenture Foreign currency effect remained flat by 0.0% to $856.25K in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 74.5%, from $3.36M to $856.25K. Over 2 years (FY 2021 to FY 2024), Foreign currency effect shows an upward trend with a 46.6% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2024Oct 10, 2025
How to read this metric
Reflects macroeconomic currency trends rather than company-specific tax strategy.
Detailed definition
Reflects the cumulative impact of foreign currency translation adjustments on the company's tax-related accounts. This c...
Peer comparison
Standard for global firms; peers will show similar volatility based on currency exposure.
Metric ID:
other_unrecognized_tax_benefits_increases_resulting_from_0e6d84Historical Data
3 years
| FY'21 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $1.59M | $13.42M | $3.43M |
| YoY Change | — | +742.4% | -74.5% |
Range$1.59M – $13.42M
CAGR+46.6%
Avg YoY Growth+334.0%
Median YoY Growth+334.0%
Foreign currency effect at Other Companies
Frequently Asked Questions
- What is Accenture's foreign currency effect?
- Accenture (ACN) reported foreign currency effect of $856.25K in Q2 2024.
- How has Accenture's foreign currency effect changed year-over-year?
- Accenture's foreign currency effect decreased by 74.5% year-over-year, from $3.36M to $856.25K.
- What is the long-term trend for Accenture's foreign currency effect?
- Over 2 years (2021 to 2024), Accenture's foreign currency effect has grown at a 46.6% compound annual growth rate (CAGR), from $1.59M to $3.43M.
- What does foreign currency effect mean?
- The net impact of foreign currency translation on tax-related accounts.