Abstract The article talks about electronic data processing and the accounting faculty. Electronic data processing is the meaningful manipulation of data by the use of any electronic device capable of automatically following a series of sequences according to a predetermined program. In the past few years since the Second World War, the number and to some extent the variety of electronic devices capable of manipulating data has increased remarkably. Until quite recently, the predominant use of these devices was overwhelmingly in the area of engineering calculation and in scientific and related research studies. These machines have unusual capacities for dealing with relatively unlimited volumes of business data in remarkably short time periods--basic operation times of the machines are measured in milliseconds. The economic community will reasonably look to the colleges and universities to take some appropriate part in these developments. More particularly, the business community, it is to be hoped, will look to the schools of business administration to undertake foresighted steps to provide education and guidance through research directed toward the early achievement of the even now cloudily seen possibilities in this developing area. Some faculty development in EDP clearly should come before there is serious consideration of acquiring machines, an expensive project which probably would not run too much less than $100,000 a year under good conditions.