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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 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. It one of the most necessary lines of work on the planet.

The accounting program at the Saunders College of Business prepares students for a variety of career paths. The 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 understading of numbers side of accounting, they are also involved in the implementation of new accounting technologies; as well as taking leadership positions within the field.

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