Accenture says US Justice Dept probing its services to government
Reuters
Synopsis
The criminal and civil probes followed a voluntary disclosure by the unit, Accenture Federal Services, to the government, the IT service provider said in a regulatory filing.
By Reuters
Last Updated:
Accenture said on Thursday US Justice Department is investigating its unit on allegations that one or more employees gave inaccurate information over its compliance with federal security controls to the government.
"This matter could subject us to adverse consequences," Accenture said. The DOJ did not immediately respond to a request for comment.
The unit works with the Accenture's clients in the US federal government and accounted for 15% of overall fiscal 2023 revenue from North America, the company's biggest market.
"We cannot at this time determine when or how this matter will be resolved or estimate the cost or range of costs that are reasonably likely to be incurred in connection with this matter," the company said.
ADVERTISEMENT
The criminal and civil probes followed a voluntary disclosure by the unit, Accenture Federal Services, to the government, the IT service provider said in a regulatory filing. Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| Indian School of Business | ISB Product Management | Visit |
| MIT xPRO | MIT Technology Leadership and Innovation | Visit |
| IIT Delhi | Certificate Programme in Data Science & Machine Learning | Visit |
The unit works with the Accenture's clients in the US federal government and accounted for 15% of overall fiscal 2023 revenue from North America, the company's biggest market.
"We cannot at this time determine when or how this matter will be resolved or estimate the cost or range of costs that are reasonably likely to be incurred in connection with this matter," the company said.
