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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Aug. 31, 2022
Accounting Policies [Abstract]  
Schedule of Investments
Our non-current investments are as follows:
August 31, 2022August 31, 2021
Equity method investments$164,164 $184,157 
Investments without readily determinable fair values153,808 145,369 
Total non-current investments$317,972 $329,526 
Schedule of Depreciation and Amortization
See table below for summary of depreciation on fixed assets, deferred transition amortization, intangible assets amortization and operating lease cost for fiscal 2022 and 2021, respectively.
 Fiscal
 20222021
Depreciation$591,748 $512,051 
Amortization—Deferred transition
280,093 297,216 
Amortization—Intangible assets
438,897 312,706 
Operating lease cost769,806 765,232 
Other7,672 4,037 
Total depreciation, amortization and other$2,088,216 $1,891,242 
Schedule of Property and Equipment
Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:
Computers, related equipment and software
2 to 7 years
Furniture and fixtures
5 to 10 years
Leasehold improvements
Lesser of lease term or 15 years
The components of Property and equipment, net are as follows:
 August 31, 2022August 31, 2021
Buildings and land$5,609 $60 
Computers, related equipment and software2,154,989 2,052,408 
Furniture and fixtures442,499 470,624 
Leasehold improvements1,546,230 1,528,462 
Property and equipment, gross4,149,327 4,051,554 
Total accumulated depreciation(2,490,187)(2,412,449)
Property and equipment, net$1,659,140 $1,639,105 
Schedule of Operating Expenses
Selected components of operating expenses are as follows:
 Fiscal
 202220212020
Research and development costs$1,123,296 $1,118,320 $870,611 
Advertising costs (1)119,202 171,883 57,658 
Provision for (release of) doubtful accounts (2)(2,284)6,199 147 
(1)Advertising costs are expensed as incurred.
(2)For additional information, see “Allowance for Credit Losses - Client Receivables and Contract Assets.”