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CLAIM #3456 · Accenture plc (ACN) · 2022Q1 earnings call · Dec 16, 2021 · due Aug 31, 2022

And then in terms of travel, outside of contract travel to clients, we continue to have an uptick in our expenses forecasted for the back half of the year, which again continues to be difficult to accurately estimate.

KC McClure · CFO

PENDING
graded after results covering Aug 31, 2022 are reported

In context

ut we're in very, very early innings still. David Togut: Thank you. Happy holidays. Julie Sweet: Happy holidays. Operator: And our next question comes from the line of Jamie Friedman with Susquehanna Please go ahead. Jamie Friedman: Hi. Good morning. Nice work here. Good way to finish the year. I was just -- oh, I don't think anyone asked about travel yet. And if they did, I apologize, if I missed it. But KC, what are you contemplating in terms of travel for fiscal '22 at this point? KC McClure: Jamie, on travel, it's no change to the assumptions that we had at the beginning of the year. So two components to travel, revenue from reimbursable travel, we don't have that in our guidance at the beginning of the year and there's no travel revenue assumed. And if it changes, we'll let you know. And then in terms of travel, outside of contract travel to clients, we continue to have an uptick in our expenses forecasted for the back half of the year, which again continues to be difficult to accurately estimate. Jamie Friedman: Thanks for that. And then either Julie or KC, do you have any early view on calendar '22 IT budgets for your clients? Are those -- I know you'll make your own weather a lot of time, but those rising to what degree? Is it the pace different than it was say last calendar? KC McClure: I mean, I would just say that this is kind of when the budgets are getting finalized. So we'll have much more insight next quarter because they get finalized into January. But what we're seeing is, which is reflected in our guidance is continued strong demand. Jamie Friedman: Got it. Thank you very much. Angie Park: Right. Operator, we have time for one more question. And then Julie will wrap up the call. Operator: Of course. And that last question then comes from the line of Bryan Keane with De

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SEC filings for ACN · Claim quote is verbatim from the 2022Q1 earnings call.