ABSTRACT VIEW
Abstract NUM 2561

TECBOOKS FINANCIAL AND ACCOUNTING EDUCATION APP
A. Agle
Institución Tecnológico de Estudios Superiores de Monterrey (ITESM) campus Querétaro (MEXICO)
The TECBooks educational app was developed to enhance the way financial and accounting fundamentals are taught to college students, particularly those outside of finance disciplines like industrial engineering. Traditional teaching methods often fall short in helping students grasp complex financial concepts, such as project evaluation, forecasting, and the interpretation of financial statements. TECBooks addresses these challenges by providing an interactive and visually rich web application where students can simulate their own businesses and explore financial data in a personalized context.

The app was built using React to ensure a highly interactive user experience and started as a dashboard for an existing production line simulator. To broaden its use, TECBooks evolved into a standalone educational tool with features divided into key sections: business overview, financial statements, forecasting, advanced financial metrics, and project evaluation. Users begin by completing a detailed survey that defines a fictional business. Based on this input, the app generates a structured Excel file for students to manually input financial data, maintaining their involvement in the learning process. They then upload this file and the app processes the data and generates a dynamic dashboard with customized financial insights.

The project evaluation tool within the app visually represents investment cashflows, simplifying complex metrics like the internal rate of return. The forecasting section supports various statistical models—regressions, moving averages, Winter’s method—allowing students to compare methods within their personalized business context.

Initial classroom implementations, although limited, have shown promising outcomes. Instructors found the tool helpful in explaining abstract financial concepts, and students reported increased engagement and understanding. The app has not yet reached full deployment but continues to be developed and refined.

The implications of TECBooks are significant. It provides a scalable, user-friendly, and cost-effective educational platform that supports active learning and visual thinking. It benefits both students—who gain autonomy in their learning—and teachers—who save time and can enrich their lessons. Built with modern technologies and a modular structure, the app is also highly adaptable for wider institutional use.

In conclusion, TECBooks bridges the gap between theoretical financial education and applied understanding. With continued development and institutional backing, it has the potential to become a cornerstone tool in financial education for non-specialist learners.

Keywords: Education, Technology, Industrial Engineering, Finance.

Event: ICERI2025
Track: Innovative Educational Technologies
Session: Technology Enhanced Learning
Session type: VIRTUAL