Accounting

Overview

An Associate in Applied Science in Accounting is a solid entry point into the accounting profession.  Graduates will gain a strong foundation in accounting principles, analytical skills, and popular software, including QuickBooks and Excel, equipping them to enter the workforce with confidence.  Completing this associate’s degree can open doors to entry-level positions, laying the groundwork for a successful career in accounting.

Graduates of the accounting program will be able to:

  • Analyze and evaluate financial transactions by following Generally Accepted Accounting Principles (GAAP), demonstrating the application to real-world scenarios

  • Assess and interpret the impact of business operations within the regulatory environment, integrating ethical considerations to ensure compliance and mitigate risk.

  • Utilize analytical techniques to interpret financial data and make informed recommendations to improve organizational performance and decision-making processes.

  • Demonstrate competency in accounting information systems and utilizing technology to enhance efficiency, accuracy, and security.

Accreditation 

This program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). Per accreditation requirements, this comprehensive student achievement chart details this program's graduate placement, persistence and retention rates, and enrollment.

https://www.midlandstech.edu/sites/default/files/ACBSP_Accredited_transparent_h93px.png
 

Program Type

Associate Degree

How to Enroll

To pursue this degree, you must apply to MTC using our online application.

Apply Now

Questions?

Print Plan

Sample Program Plan and Costs

Students must earn a grade of “C” or better in all of the courses offered within the Business Department for the grade to be counted toward graduation. Specifically, these include courses with the following prefixes: ACC, BAF, BUS, CPT, MGT, and MKT.

On-Campus Traditional. Classes meet on campus.
Virtual 100% online. Meets with a live instructor and classmates on specific days, at specific times. Uses web conferencing software, like Zoom.
Hybrid Some classes on campus. Some classes online or virtual.
Online 100% online. Due dates for projects and assignments. Self-paced work on your time.
Semester Course ID Course Title Classroom Online Hybrid Virtual Credits
Semester 1
(16 Credit Hours)
COL-101 College Orientation

College Orientation

ID: COL-101

Credit Hours: 1

This course may include selected topics such as career planning, study skills, stress management, tutoring, group guidance, and other subjects to facilitate student success.

1
ENG-101 English Comp I

English Comp I

ID: ENG-101

Credit Hours: 3

This is a (college transfer) course in which the following topics are presented: a study of composition in conjunction with appropriate literary selections, with frequent theme assignments to reinforce effective writing. A review of standard usage and the basic techniques of research are also presented.

3
MAT-120 Probability and Statistics

Probability and Statistics

ID: MAT-120

Credit Hours: 3

This course includes the following topics: introductory probability and statistics, including organization of data, sample space concepts, random variables, counting problems, binomial and normal distributions, central limit theorem, confidence intervals,and test hypothesis for large and small samples; types I and II errors; linear regression; and correlation. (Graphic calculator required)

3
CPT-170 Microcomputer Applications

Microcomputer Applications

ID: CPT-170

Credit Hours: 3

This course introduces microcomputer applications software, including word processing, data bases, spreadsheets, graphs, and their integration.

3
PHI-115 Contemporary Moral Issues

Contemporary Moral Issues

ID: PHI-115

Credit Hours: 3

This course examines moral issues in contemporary society, including basic principles and applications of ethics.

3
BUS-101 Introduction to Business

Introduction to Business

ID: BUS-101

Credit Hours: 3

This course is a study of the nature of business activity in relation to the economic society, including how a business is owned, organized, managed, and controlled.

3
Semester 2
(15 Credit Hours)
ENG-102 English Comp II

English Comp II

ID: ENG-102

Credit Hours: 3

This is a (college transfer) course in which the following topics are presented: development of writing skills through logical organization, effective style, literary analysis and research. An introduction to literary genre is also included.

3
ECO-210 Macroeconomics

Macroeconomics

ID: ECO-210

Credit Hours: 3

This course includes the study of fundamental principles and policies of a modern economy to include markets and prices, national income accounting, cycles, employment theory and fiscal policy, banking and monetary controls, and the government's role in economic decisions and growth.

3
ACC-101 Accounting Principles I

Accounting Principles I

ID: ACC-101

Credit Hours: 3

This course introduces basic accounting procedures for analyzing, recording and summarizing financial transactions, adjusting and closing the financial records at the end of the accounting cycle, and preparing financial statements. Students identify sound ethical and personal values.

3
ACC-124 Individual Tax Procedures

Individual Tax Procedures

ID: ACC-124

Credit Hours: 3

This course is a study of the basic income tax structure from the standpoint of the individual, including the preparation of individual income tax returns.

3
BUS-130 Business Communications

Business Communications

ID: BUS-130

Credit Hours: 3

This course covers the application of communication skills to situations routinely encountered in business environments. Students will generate oral and written reports and presentation.

3
Semester 3
(15 Credit Hours)
ACC-102 Accounting Principles II

Accounting Principles II

ID: ACC-102

Credit Hours: 3

This course emphasizes managerial accounting theory and practice in basic accounting and procedures for cost accounting, budgeting, cost-volume analysis, and financial statement analysis.

3
ACC-246 Integrated Accounting Software

Integrated Accounting Software

ID: ACC-246

Credit Hours: 3

This course includes the use of pre-designed integrated accounting software for accounting problems.

3
BUS-121 Business Law I

Business Law I

ID: BUS-121

Credit Hours: 3

This course is a study of legal procedures, law and society, classifications and systems of law, the tribunals administering justice and their actions, contracts, sales, transfer of titles, rights and duties of the parties, conditions, and warranties.

3
ACC-201 Intermediate Accounting I

Intermediate Accounting I

ID: ACC-201

Credit Hours: 3

This course explores fundamental processes of accounting theory, including the preparation of financial statements. Also covered are the time value of money, cash and receivables, and the valuation of inventories. Professional ethics and generally accepted accounting principles are introduced.

3
Accounting Elective 3
Semester 4
(16 Credit Hours)
ACC-202 Intermediate Accounting II

Intermediate Accounting II

ID: ACC-202

Credit Hours: 3

This course covers the application of accounting principles and concepts to account evaluation and income determination, including special problems peculiar to corporations and the analysis of financial reports. Accounting for the acquisition and disposal of long-term assets and procedures for handling current and long-term liabilities are covered.

3
ACC-240 Computerized Accounting

Computerized Accounting

ID: ACC-240

Credit Hours: 3

This course is a study of using the computer to design and implement various accounting functions, including financial transactions, records, statements, reports and documents.

3
ACC-245 Accounting Applications

Accounting Applications

ID: ACC-245

Credit Hours: 3

This course introduces microcomputer accounting using data base software and/or electronic spreadsheets.

3
IDS-112 Employability Skills for Careers

Employability Skills for Careers

ID: IDS-112

Credit Hours: 1

This course develops employability skills including resume writing, interviewing, presentation delivery and soft skills.

1
Accounting Elective 3
Accounting Elective 3
  Total Credit Hours 62
  Estimated Cost
Financial Aid
$12,400.00
Not including fees and equipment
Semester Course ID Course Title Classroom Online Hybrid Virtual Credits
Semester 1
(7 Credit Hours)
COL-101 College Orientation

College Orientation

ID: COL-101

Credit Hours: 1

This course may include selected topics such as career planning, study skills, stress management, tutoring, group guidance, and other subjects to facilitate student success.

1
ENG-101 English Comp I

English Comp I

ID: ENG-101

Credit Hours: 3

This is a (college transfer) course in which the following topics are presented: a study of composition in conjunction with appropriate literary selections, with frequent theme assignments to reinforce effective writing. A review of standard usage and the basic techniques of research are also presented.

3
MAT-120 Probability and Statistics

Probability and Statistics

ID: MAT-120

Credit Hours: 3

This course includes the following topics: introductory probability and statistics, including organization of data, sample space concepts, random variables, counting problems, binomial and normal distributions, central limit theorem, confidence intervals,and test hypothesis for large and small samples; types I and II errors; linear regression; and correlation. (Graphic calculator required)

3
Semester 2
(9 Credit Hours)
CPT-170 Microcomputer Applications

Microcomputer Applications

ID: CPT-170

Credit Hours: 3

This course introduces microcomputer applications software, including word processing, data bases, spreadsheets, graphs, and their integration.

3
PHI-115 Contemporary Moral Issues

Contemporary Moral Issues

ID: PHI-115

Credit Hours: 3

This course examines moral issues in contemporary society, including basic principles and applications of ethics.

3
BUS-101 Introduction to Business

Introduction to Business

ID: BUS-101

Credit Hours: 3

This course is a study of the nature of business activity in relation to the economic society, including how a business is owned, organized, managed, and controlled.

3
Semester 3
(6 Credit Hours)
ENG-102 English Comp II

English Comp II

ID: ENG-102

Credit Hours: 3

This is a (college transfer) course in which the following topics are presented: development of writing skills through logical organization, effective style, literary analysis and research. An introduction to literary genre is also included.

3
ECO-210 Macroeconomics

Macroeconomics

ID: ECO-210

Credit Hours: 3

This course includes the study of fundamental principles and policies of a modern economy to include markets and prices, national income accounting, cycles, employment theory and fiscal policy, banking and monetary controls, and the government's role in economic decisions and growth.

3
Semester 4
(9 Credit Hours)
ACC-101 Accounting Principles I

Accounting Principles I

ID: ACC-101

Credit Hours: 3

This course introduces basic accounting procedures for analyzing, recording and summarizing financial transactions, adjusting and closing the financial records at the end of the accounting cycle, and preparing financial statements. Students identify sound ethical and personal values.

3
ACC-124 Individual Tax Procedures

Individual Tax Procedures

ID: ACC-124

Credit Hours: 3

This course is a study of the basic income tax structure from the standpoint of the individual, including the preparation of individual income tax returns.

3
BUS-130 Business Communications

Business Communications

ID: BUS-130

Credit Hours: 3

This course covers the application of communication skills to situations routinely encountered in business environments. Students will generate oral and written reports and presentation.

3
Semester 5
(9 Credit Hours)
ACC-102 Accounting Principles II

Accounting Principles II

ID: ACC-102

Credit Hours: 3

This course emphasizes managerial accounting theory and practice in basic accounting and procedures for cost accounting, budgeting, cost-volume analysis, and financial statement analysis.

3
ACC-246 Integrated Accounting Software

Integrated Accounting Software

ID: ACC-246

Credit Hours: 3

This course includes the use of pre-designed integrated accounting software for accounting problems.

3
BUS-121 Business Law I

Business Law I

ID: BUS-121

Credit Hours: 3

This course is a study of legal procedures, law and society, classifications and systems of law, the tribunals administering justice and their actions, contracts, sales, transfer of titles, rights and duties of the parties, conditions, and warranties.

3
Semester 6
(6 Credit Hours)
ACC-201 Intermediate Accounting I

Intermediate Accounting I

ID: ACC-201

Credit Hours: 3

This course explores fundamental processes of accounting theory, including the preparation of financial statements. Also covered are the time value of money, cash and receivables, and the valuation of inventories. Professional ethics and generally accepted accounting principles are introduced.

3
Accounting Elective 3
Semester 7
(9 Credit Hours)
ACC-202 Intermediate Accounting II

Intermediate Accounting II

ID: ACC-202

Credit Hours: 3

This course covers the application of accounting principles and concepts to account evaluation and income determination, including special problems peculiar to corporations and the analysis of financial reports. Accounting for the acquisition and disposal of long-term assets and procedures for handling current and long-term liabilities are covered.

3
ACC-240 Computerized Accounting

Computerized Accounting

ID: ACC-240

Credit Hours: 3

This course is a study of using the computer to design and implement various accounting functions, including financial transactions, records, statements, reports and documents.

3
ACC-245 Accounting Applications

Accounting Applications

ID: ACC-245

Credit Hours: 3

This course introduces microcomputer accounting using data base software and/or electronic spreadsheets.

3
Semester 8
(7 Credit Hours)
IDS-112 Employability Skills for Careers

Employability Skills for Careers

ID: IDS-112

Credit Hours: 1

This course develops employability skills including resume writing, interviewing, presentation delivery and soft skills.

1
Accounting Elective 3
Accounting Elective 3
  Total Credit Hours 62
  Estimated Cost
Financial Aid
$12,400.00
Not including fees and equipment

Careers

Bookkeeper

A bookkeeper is responsible for recording and maintaining a company's financial transactions, including recording daily transactions in accounting software, managing accounts payable and receivable, reconciling bank and credit card statements, and processing payroll and payroll taxes. They generate invoices, track payments, prepare monthly financial reports, ensure compliance with tax laws and regulations, and maintain organized financial records.

According to EMSI data as of 2022

Where Can I Work?

  • Accounting Firms
  • Tax Preparation Organizations
  • Government
  • Small Businesses

Careers

Payroll Specialist

Payroll Specialists ensure accurate and timely payment of employee wages. Their duties include processing payroll, verifying time records, calculating deductions and withholdings per laws, processing client payrolls, preparing payroll tax deposits, and filing quarterly payroll tax returns.

According to EMSI data as of 2022

Where Can I Work?

  • Accounting Firms
  • Government
  • Business Corporations

Careers

Tax Preparer

Tax preparers obtain clients' financial information and documentation to prepare tax returns. They calculate tax liabilities, deductions, and credits to ensure accurate tax payments and maximize benefits allowed by law. They complete and file federal, state, and local tax forms by the required deadlines, ensuring compliance with all relevant tax regulations. Tax preparers also advise clients on tax planning strategies, respond to inquiries from tax authorities, and stay updated on changes to tax laws.

According to EMSI data as of 2022

Where Can I Work?

  • Tax Preparation firms

What’s next after I complete this program?

Enter the Workforce

Students have the option to use the A.A.S degree in accounting to work full-time in the accounting profession while continuing on to earn a bachelor’s degree.

Further Your Education

While earning an associate degree, earn accounting certifications at MTC in Excel, QuickBooks, Sage Accounting Software, Payroll, and prep to become a Professional Certified Bookkeeper (CB). Join American Payroll Association (APA) and become a Certified Payroll Professional.

Want more information?

Academic programs count as academic credit for a certificate, diploma or degree and may transfer toward future academic endeavors at four-year colleges and universities.
Training programs can be completed in a matter of weeks or months, are focused on career training, and provide credentials and certificates needed in the specific fields of study. Coursework does not transfer.
Not sure: Check out these resources to explore what fits your goals.

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