Legal and accounting activities

ISIC v4.0 Code: 69

About legal and accounting activities

isic code 69 covers a wide range of professional services related to legal and accounting activities. These services are essential for the smooth functioning of businesses and the broader economy. Legal and accounting professionals provide expert advice, ensure compliance with regulations, and play a crucial role in financial management and decision-making processes. This industry is a key component of the professional services sector and contributes significantly to the overall economic output.

Production process

The main production techniques in the legal and accounting industry involve the provision of specialized services by qualified professionals. This includes activities such as legal counsel and representation, tax planning and compliance, financial auditing, and management consulting. These services are typically delivered through a combination of in-person consultations, document preparation, and the use of specialized software and analytical tools.

Production inputs

The key inputs required for the legal and accounting industry include highly skilled and educated professionals, such as lawyers, accountants, and financial analysts. Additionally, this industry relies on access to up-to-date legal and financial information, as well as specialized software and technology to support the delivery of services. Office space, administrative support, and access to relevant databases and research materials are also important inputs.

Production outputs

The primary outputs of the legal and accounting industry are the professional services provided to clients, which can include individuals, businesses, and other organizations. These services contribute to the efficient operation and compliance of organizations, as well as the effective management of financial resources. The outputs of this industry are often consumed by other industries, such as 70 Management activities, 64 Financial service activities, and 84 Public administration and defence; compulsory social security.

Family tree for legal and accounting activities

    graph LR
    A["<a href='/classifications/isic/v4/M'>M: Professional, scientific and technical activities</a>"]
A --> B["<a href='/classifications/isic/v4/M/69'>69: Legal and accounting activities</a>"]

    A --> C["<a href='/classifications/isic/v4/M/70'>70: Activities of head offices; management consultancy activities</a>"]
A --> D["<a href='/classifications/isic/v4/M/71'>71: Architectural and engineering activities; technical testing and analysis</a>"]
A --> E["<a href='/classifications/isic/v4/M/72'>72: Scientific research and development</a>"]
A --> F["<a href='/classifications/isic/v4/M/73'>73: Advertising and market research</a>"]
A --> G["<a href='/classifications/isic/v4/M/74'>74: Other professional, scientific and technical activities</a>"]
A --> H["<a href='/classifications/isic/v4/M/75'>75: Veterinary activities</a>"]

    B --> I["<a href='/classifications/isic/v4/M/691'>691: Legal activities</a>"]
B --> J["<a href='/classifications/isic/v4/M/692'>692: Accounting, bookkeeping and auditing activities; tax consultancy</a>"]


    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level2
class D level2
class E level2
class F level2
class G level2
class H level2
class I level3
class J level3

  class B highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class B highlight