A study of Instructional Technology (IT) is presented. Its purposes included: (1) To learn something about the state of the art and anticipate future developments; (2) To relate what has been learned to education for the profession of management accounting at the undergraduate and graduate levels; and (3) To provide a framework of reference which may be used for determining what role the Society of Industrial Accountants should play in the development of instructional systems for educational programs, making judgements in the allocation of resources to the development of instructional programs, and deciding on the approach which should be taken in developing instructional systems most appropriate to Society of Industrial Accountants (SIA) programs. Instructional Technology is defined as the media born of the communications revolution and as a systematic way of designing, carrying out and evaluating the total process of learning and teaching in terms of specific objectives. Its potential benefits include: (1) It provides greater flexibility in matching learner needs and instructional resources; (2) It permits continuing monitoring of an instructional program and achieving the optimum in cost-effectiveness; (3) It broadens the scope for more effective experimentation and innovation; and (4) It provides for the introduction of response and feedback mechanisms. (CK)