Tools commonly used in the Financial Report Analysts industry for day-to-day tasks and operations.

• Excel
• Bloomberg Terminal
• QuickBooks
• Tableau
• SAS
• R
• Python
• Stata
• SQL
• Crystal Reports

Common products and services typical of NAICS Code 523940-10, illustrating the main business activities and contributions to the market.

• Corporate Finance
• Investment Banking
• Insurance
• Real Estate
• Non-Profit Organizations
• Government Agencies
• Hedge Funds
• Private Equity
• Venture Capital
• Wealth Management

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Chartered Financial Analyst (CFA): A professional certification offered by the CFA Institute that measures and certifies the competence and integrity of financial analysts. It covers a broad range of topics relating to investment management, financial analysis, stocks, bonds, and derivatives. The CFA Institute is a global association of investment professionals that sets the standard for professional excellence.
• Certified Public Accountant (CPA): A license to practice accounting in the United States. It is awarded by each of the 50 states for practice in that state. The CPA designation is a mark of high professional competence. It is a rigorous exam that tests knowledge of accounting, auditing, and taxation.
• Financial Risk Manager (FRM): A professional certification offered by the Global Association of Risk Professionals (GARP) that measures and certifies the competence and integrity of financial risk managers. It covers a broad range of topics relating to risk management, financial analysis, and investment management.
• Certified Financial Planner (CFP): A professional certification offered by the Certified Financial Planner Board of Standards that measures and certifies the competence and integrity of financial planners. It covers a broad range of topics relating to financial planning, investment management, and retirement planning.
• Series 7 License: A license that allows financial professionals to sell securities products. It is administered by the Financial Industry Regulatory Authority (FINRA). The Series 7 exam covers a broad range of topics relating to investment products, securities regulations, and ethical practices.

A concise historical narrative of NAICS Code 523940-10 covering global milestones and recent developments within the United States.

• The Financial Report Analysts industry has a long history dating back to the early 1900s when the first financial reports were published. The industry has since evolved to become an essential part of the financial sector, providing investors with valuable insights into the financial performance of companies. In recent years, the industry has seen significant growth due to the increasing demand for financial analysis services. In the United States, the industry has been shaped by the Securities and Exchange Commission (SEC) regulations, which require public companies to file financial reports regularly. The industry has also been impacted by technological advancements, which have made financial analysis more efficient and accurate.

The anticipated future trajectory of the NAICS 523940-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for Financial Report Analysts in the USA is positive. The industry is expected to grow due to the increasing demand for financial analysis and reporting services. The rise of big data and the need for data analysis is also expected to drive growth in the industry. Additionally, the increasing complexity of financial regulations and the need for compliance is expected to create more demand for financial report analysts. The industry is also expected to benefit from the growing trend of outsourcing financial services. Overall, the industry is expected to experience steady growth in the coming years.

Recent groundbreaking advancements and milestones in the Financial Report Analysts industry, reflecting notable innovations that have reshaped its landscape.

• Automation Of Financial Reporting Processes: Financial report analysts are increasingly using automation tools to streamline financial reporting processes. This has led to increased efficiency and accuracy in financial reporting.
• Use Of Artificial Intelligence In Financial Analysis: Financial report analysts are using artificial intelligence to analyze financial data and identify trends. This has led to more accurate financial analysis and better decision-making.
• Increased Use Of Cloud-Based Financial Reporting Systems: Financial report analysts are increasingly using cloud-based financial reporting systems to store and analyze financial data. This has led to increased efficiency and accessibility of financial data.
• Integration Of Sustainability Reporting: Financial report analysts are integrating sustainability reporting into financial reporting. This has led to increased transparency and accountability in financial reporting.
• Use Of Blockchain Technology In Financial Reporting: Financial report analysts are exploring the use of blockchain technology to improve the accuracy and security of financial reporting. This has the potential to revolutionize financial reporting by providing a secure and transparent way to store and share financial data.