Bachelor of Science in Accounting

Rochester Institute of Technology

Accountants are multidisciplinary professionals. They are responsible for determining an organization's overall wealth, profitability, and liquidity. Without accounting, organizations would have no foundation upon which daily and long-term business decisions could be made.From technology and entertainment and travel and government, accounting is a key function to all businesses. It’s the collection, organization, and analysis of data that can reveal the financial state of a business. It can tell a company how well its products and services are performing, and if the products are making a profit. Financial data can help accountants make short- and long-term projections and estimate an organization’s tax liabilities. Accounting also helps an organization plan for its future. Short- and long-term profit projections can help guide an organizations’ growth and in which areas new employees will be needed. It can also help guide decision-making on which product lines to change and grow and which to downsize or eliminate. Accounting is essential to understanding which areas of your business are making money and which are not.

Saunders College of Business