NAICS Code 523940-10 - Financial Report Analysts

Marketing Level - NAICS 8-Digit

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NAICS CODE 523940-10
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NAICS Code 523940-10 Description (8-Digit)

Financial Report Analysts are professionals who analyze financial data and prepare reports for businesses, organizations, and individuals. They are responsible for examining financial statements, balance sheets, income statements, and other financial reports to identify trends, risks, and opportunities. Financial Report Analysts use their expertise to provide insights and recommendations to clients on how to improve their financial performance and achieve their goals. They work in a variety of industries, including healthcare, technology, retail, and finance.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 523940 page

Tools

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

Industry Examples of Financial Report Analysts

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

History

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.