Accounting, bookkeeping and auditing activities; tax consultancy

isic code 6920 covers a wide range of professional services related to accounting, bookkeeping, auditing, and tax consultancy. These activities are essential for businesses and organizations of all sizes, as they help ensure financial compliance, optimize tax planning, and provide valuable insights for decision-making. The accounting and tax consultancy industry plays a crucial role in the broader economy, supporting the financial health and growth of various sectors.

Professionals in this industry utilize a range of techniques and methodologies to provide their services. This includes collecting and analyzing financial data, preparing financial statements and reports, conducting audits, and offering tax planning and compliance advice. They may use specialized software and tools to streamline their processes and ensure accuracy. Continuous professional development and adherence to industry standards and regulations are also key aspects of their work.

The main inputs required for this industry include skilled and knowledgeable professionals, such as 2411 Accountants, 2412 Financial and investment advisers, and 2413 Tax experts. They also rely on access to financial data, accounting software, and a thorough understanding of relevant laws, regulations, and industry best practices.

The primary outputs of this industry are the various financial services and reports provided to clients, such as 6411 Financial leasing, 6419 Other monetary intermediation, and 6420 Activities of holding companies. These outputs help businesses and organizations maintain financial records, comply with tax requirements, and make informed decisions about their operations and investments.