The firm, which is being advised by investment bankers Morgan Stanley and Goldman Sachs, is expected to file an amended S1 form with the SEC in the next six to eight weeks, giving details of its projected valuation.
According to Sunday Business demand for the stock is expected to be higher than for rival KPMG Consulting, which raised $2bn on floatation in February. Accenture hopes to raise up to $1bn when it makes its global offering.
Accenture originally planned to debut on the technology-heavy NASDAQ index, but has since chosen the NYSE to avoid the fall-out from the collapse in the IT sector.
Its financial position remains strong, despite the downturn in the US market. Six-month revenues increased by 22% to $5.7bn, with a spokesperson claiming the consultancy was more resilient than its rivals.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel