With the advances in internet technology,
the educational instruction mode has greatly been
improved, which is beneficial to accounting education.
Practical accounting skill is difficult to learn in the
classroom with traditional forms of accounting education.
In this paper, the authors described a web-based virtual
accounting lab that has been developed to provide
simulation in accounting practical skills, reported empirical
findings of the application of the lab, evaluated its
effectiveness based on questionnaire to students
participated in the lab. The study has proved the value of
education technology in providing real life experience for
accounting students. Further implications and conclusions
on technology application in accounting lab were also given.