The board of directors (the “Board”) has four standing committees: The Audit Committee, the Compensation, Culture & People Committee, the Finance Committee and the Nominating, Governance & Sustainability Committee.
Audit Committee
The Audit Committee oversees Accenture’s accounting, financial reporting processes and audits of financial statements and internal controls.
The Audit Committee’s primary responsibilities include the oversight of the following:
The quality and integrity of Accenture's accounting and reporting practices and controls, and the financial statements and reports of Accenture
Accenture's compliance with legal and regulatory requirements
The independent auditor's qualifications and independence
The performance of Accenture's internal audit function and independent auditors
Accenture’s ERM program, including cybersecurity risk
The Compensation, Culture & People Committee oversees Accenture’s global compensation philosophy, policies and programs.
The Compensation, Culture & People Committee’s primary responsibilities include the oversight of the following:
Together with the Nominating, Governance & Sustainability Committee, conducting an annual review of Accenture’s executive chairman, if any, and chief executive officer
Setting the compensation of our executive chairman, if any, our chief executive officer and members of our global management committee
Overseeing Accenture's equity-based plans
Reviewing and making recommendations to the full Board regarding Board compensation
The Nominating, Governance & Sustainability Committee oversees Accenture’s corporate governance practices and processes.
The Nominating Governance & Sustainability Committee’s primary responsibilities include the oversight of the following:
Assessing and selecting/nominating (or recommending to the Board for its selection/nomination) strong and capable candidates to serve on the Board
Making recommendations as to the size, composition, structure, operations, performance and effectiveness of the Board
Overseeing Accenture's chief executive officer succession process
Together with the Compensation, Culture & People Committee, conducting an annual review of Accenture's chief executive officer and executive chairman, if any
Developing and recommending to the Board a set of corporate governance principles, including independence standards
Taking a leadership role in shaping the corporate governance of Accenture