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Autodesk looking into accounting practices, delays annual report.

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TLDR:

  • Autodesk is investigating its accounting practices and delaying its annual report.
  • The company has released new embodied carbon calculation and AI-assisted design tools.

Summary:

Autodesk, a construction software vendor, is currently conducting an internal investigation into its accounting practices, leading to a delay in the release of its annual financial report. The company recently launched new tools for carbon calculation and AI-assisted design. In a U.S. Securities and Exchange Commission filing, Autodesk disclosed that it is looking into its free cash flow and non-GAAP operating margin practices. The company believes that none of the matters under investigation affect previously issued financial statements. Autodesk is transitioning its business model to focus on cloud services and subscriptions, as well as setting prices directly for customers rather than using third-party resellers. It is unknown if these shifts are related to the investigation. Autodesk has voluntarily contacted the SEC and plans to update them on any findings.

On April 2, Autodesk introduced new features for its cloud services, including a carbon analysis tool and AI capabilities. The Embodied Carbon Analysis in Autodesk Forma allows designers to understand the carbon impacts of material choices at the beginning of the project planning process. The AI-powered Total Carbon Analysis tool provides architects with carbon impact dashboards based on similar projects. Autodesk also expanded its alliance with Esri for geospatial data integration. In AutoCAD 2025, new AI tools such as Smart Blocks and Object Detection help designers reuse content and standardize drawings.

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