Course Descriptions

ACC 101 - Accounting Principles I

4 Credits

Basic principles of financial accounting for the business enterprise with emphasis on the valuation of business assets, measurement of net income, and double-entry techniques for recording transactions. Introduction to the cycle of accounting work, preparation of financial statements, and adjusting and closing procedures.

Prerequisite(s):TRS 094 or MTH 130, either with a grade of C or better OR MCC Level 4 Mathematics Placement OR equivalent.

ACC 102 - Accounting Principles II

4 Credits

A continuation of the basic principles of financial accounting including a study of corporation accounts and the statement of cash flows. The course deals with the development of accounting theory with emphasis on managerial techniques for interpretation and use of data in planning and controlling business activities.

Prerequisite: ACC 101 with a grade of C or higher.

ACC 130 - Introductory Accounting and Financial Analysis

4 Credits

Basic principles of both financial and managerial accounting with the focus on what accounting information is, what it means, and how to use it. Students will learn that accounting is a vital link between business events and business decisions.

Prerequisite(s): TRS 094 or MTH 130, either with a grade of C or better OR MCC Level 4 Mathematics Placement OR equivalent.

ACC 201 - Accounting Using QuickBooks

3 Credits

An applied approach to the use of Intuit QuickBooks. Material covered will include sales and receivables; payables and purchases; closing procedures; payroll; and company set-up for service and merchandising companies. This course is designed to cover skill sets needed for the QuickBooks certification exam.

Scheduled to be offered in the Fall Semester during the day and the Spring Semester during the evening.

Prerequisite: ACC 101 with a grade of C or higher OR ACC 130 with a grade of C or higher.

ACC 202 - Payroll Accounting

2 Credits

An in depth study of payroll including payroll calculations, social security taxes, income taxes, unemployment taxes, form preparation, and journal entries.

Prerequisite: ACC 101 with a grade of C or higher.

ACC 204 - Tax Procedures

3 Credits

A study of federal, state, and local tax law and procedures for corporations, partnerships, and individuals.

Course offered Fall semester during the evening and Spring semester during the day.

Prerequisite: ACC 101 with a grade of C or higher.

ACC 210 - Intermediate Accounting I

4 Credits

A more analytical treatment of accounting theory and practice, with a review and amplification of basic procedures. Topics include cash, receivables, inventories, plant assets, intangible assets, time value of money, and financial statement preparation, presentation and disclosure with emphasis on generally accepted accounting principles.

Course offered Fall semester during the day and Spring semester during the evening.

This course does not count toward the financial accounting and reporting requirement for the CPA-150 certification in New York State.

Prerequisite: ACC 102 with a grade of C or higher.

ACC 220 - Cost Accounting

3 Credits

The basic procedures and techniques of accounting used to determine, accumulate and control the cost of production and distribution of goods and services in today's economy. Process and job-order methods, standards and standard cost, techniques of cost analysis and control.

Course offered Fall semester during the evening and Spring semester during the day.

Prerequisite: ACC 102 with a grade of C or higher.

MCC General Education: MCC-QL - Quantitative Literacy (MQL)

ACC 230 - Accounting Systems and Applications

3 Credits

A hands-on introduction to software used by accountants. The course will focus on the problem-solving capabilities of Excel in handling various accounting and financial issues.

Course offered Fall semester during the evening and Spring semester during the day.

Prerequisite: ACC 102 WITH A GRADE OF C OR HIGHER; PLUS EITHER CRC125 OR BUS 220.

ACC 290 - Independent Study

Variable Credit

See the Department Chairperson.