What is Accounting?

Accounting is an information science used to collect, classify, and manipulate financial data for organizations and
individuals.
Accounting is instrumental within organizations as a means of determining financial stability. Accountants are responsible for
determining an organizations overall wealth, profitability, and liquidity. Without accounting, organizations would have no basis
or foundation upon which daily and long-term decisions could be made. The budgets for marketing activities, profit reinvestment,
research and development, and company growth all stem from the work of accountants. Accounting is one of the oldest and most
respected professions in the world, and accountants can be found in every industry from entertainment to medicine.

The accounting program at Saunders College of Business prepares students for a variety of career paths. Saunders College of
Business, as a college within RIT, places an emphasis on technology and innovation in every program we offer. Our accounting
program graduates have more than just a deep rooted understanding of the numbers side of accounting, they are also involved in
the implementation of new accounting technologies; as well as taking leadership positions within the field.