Legal and accounting activities
NACE v2.0 Code: M69
About legal and accounting activities
NACE code 69 covers a wide range of professional services related to legal and accounting activities. This industry plays a crucial role in the broader economy, providing essential support and expertise to businesses, individuals, and other organizations. Legal and accounting professionals help ensure compliance with laws and regulations, manage financial records, provide tax advice, and offer strategic guidance on a variety of commercial and personal matters.
Production process
The main production techniques in the legal and accounting industry involve the application of specialized knowledge and skills. Professionals in this sector typically follow established procedures and methodologies to deliver their services, which may include legal research, document drafting, financial analysis, auditing, and consulting. They leverage a range of tools and technologies, such as legal databases, accounting software, and communication platforms, to efficiently manage their workloads and provide high-quality services to their clients.
Production inputs
The key inputs required for the legal and accounting industry include highly skilled and educated professionals, such as lawyers, accountants, and financial advisors. These individuals possess specialized knowledge and expertise in areas like law, taxation, finance, and business management. Additionally, the industry relies on access to relevant legal and financial information, as well as various office equipment and technology solutions to support their operations.
Production outputs
The primary outputs of the legal and accounting industry are the professional services provided to clients, which can include legal advice, litigation support, tax planning, financial audits, and business consulting. These outputs are often consumed by a wide range of other NACE codes, such as 68 Real estate activities, 70 Activities of head offices; management consultancy activities, and 84 Public administration and defence; compulsory social security.
Revisions to 69
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 69. The most recent 1 version of this code (69) is in the NACE v2.1 system:
This page shows a legacy version of code 69 ( NACE v2.0).
Newer versions
- NACE v2.1 (Latest revision):
Related ISIC Codes
These isic codes are related to this econ code: (69).
ISIC code | ISIC Version | ISIC title |
---|---|---|
69 | ISIC v4.0 | Legal and accounting activities |
Family tree for legal and accounting activities
graph LR A["<a href='/classifications/nace/v2/M'>M: PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES</a>"] A --> B["<a href='/classifications/nace/v2/M/69'>69: Legal and accounting activities</a>"] A --> C["<a href='/classifications/nace/v2/M/70'>70: Activities of head offices; management consultancy activities</a>"] A --> D["<a href='/classifications/nace/v2/M/71'>71: Architectural and engineering activities; technical testing and analysis</a>"] A --> E["<a href='/classifications/nace/v2/M/72'>72: Scientific research and development </a>"] A --> F["<a href='/classifications/nace/v2/M/73'>73: Advertising and market research</a>"] A --> G["<a href='/classifications/nace/v2/M/74'>74: Other professional, scientific and technical activities</a>"] A --> H["<a href='/classifications/nace/v2/M/75'>75: Veterinary activities</a>"] B --> I["<a href='/classifications/nace/v2/M/69/1'>69.1: Legal activities</a>"] B --> J["<a href='/classifications/nace/v2/M/69/2'>69.2: 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