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Accenture, previously known as Andersen Consulting, was established in 1989 as the consulting division of Arthur Andersen. In August 2000, as a result of a conclusion of the International Chamber of Commerce, it broke all contractual ties with its parent company. It therefore avoided being tainted by the later accounting scandals — most notably, that of Enron — that destroyed its former parent over the ensuing two years.On January 1, 2001, Accenture adopted its current name, and on July 19, 2001 it became a public company listed on the New York Stock Exchange.
Accenture is a global company, headquartered in Hamilton, Bermuda. Accenture operates in the management consulting, technology services and outsourcing arenas. Accenture's client-facing organizational structure is divided into Operating Groups that classify client industry types: Products (e.g. consumer Packaged goods or industrial equipment ), Communications and High Technology, Financial Services (e.g. banking, insuranceInsurance is the business of providing protection against financial aspects of risk, such as those to property, life, health and legal liability. It is one method of the overall concept known as risk management. Introduction In insurance, the insured make), resources (e.g. utilities, chemicals), and government.
William D. Green became CEO in September 2004.
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