This paper examines the relationship between the use of online learning resources and academic performance in an Accounting 1 course conducted at a South African Higher Education Institution. The study employed a quantitative analysis over three academic years comparing the collection of end of year marks and the time spent online. The results provide preliminary empirical evidence to show that students who spent more time online significantly improved their course mark. Although much accounting-based educational research exists on the use of computers, there is a dearth of research testing any relationship between the use of online learning material and performance. While the results are preliminary and have some limitations, they are useful to students, teaching instructors and administrators, and provide a platform for future research into the value of using online learning in accounting.