This study aims to identify the importance of applying the e - learning system in accounting education. It also presents the obstacles to its use generally in Libyan universities from the perspective of faculty members and students and especially in the Accounting Department، Faculty of Economics and Political Science، University of Tripoli. To achieve the objectives of the study، two questionnaires were designed. We allocated one of them to faculty members while the other went to students. Each questionnaire includes two main axes: the first relates to the benefits of introducing e - learning as a tool for developing accounting education، while the second addresses the difficulties that prevent the application of this system in Libyan universities. After analyzing the participants’ answers، the results showed that faculty members and students are well aware of
the importance of using the e - learning system in accounting education. This is confirmed by the average response value for each of them being 3.91 and 3.84 respectively، and they are in complete agreement that there are many obstacles that hinder the application of e - learning in university accounting teaching. Some of the obstacles include weakness of the Internet، lack of sufficient computers in the college labs، and the problem of persistent power outages.
Key Words: E - learning System - Accounting Education.