Using Metaverse Technology to Support Continuous Accounting: The mediating role of Quality of Financial Reporting

Authors

  • Marwa Zuhair Kadhim Al-Mustansiriya University

DOI:

https://doi.org/10.59890/ijfbm.v3i3.53

Keywords:

Metaverse Technology, Continuous Accounting, Quality Of Financial Reporting

Abstract

This research aims to demonstrate the role of metaverse technology in supporting continuous accounting through the quality of financial reporting for economic entities. The study reached several conclusions, the most important of which is that the application of metaverse technology leads to improved financial reporting quality through information transparency using blockchains and reducing the time and effort required to provide information related to recording all details of business activities occurring in physical reality, which contributes to adding value to the economic entity. The technology contributes to fundamental changes in accounting, maintaining its continuity.

References

Rabie, Marwa Ibrahim, "Accounting Information Systems in the Metaverse World," Scientific Journal of Business Research, Faculty of Business, Alexandria University, 2023.

Al-Sawy, Muhammad Karam Kamal El-Din, "The Metaverse: Between Reality and Hope and Its Effectiveness in the Field of Graphic Design," Journal of Applied Arts and Sciences, Volume 9, Issue 4, Damietta University, 2022.

Abdul Razzaq, Duraid Adel, Ibrahim, Laith Khalil, Thabet, Hassan Thabet, "The Effects of Financial Reporting Quality on E-Commerce Activities," Journal of the College of Baghdad for Economic Sciences, University of Baghdad, Special Issue on the Scientific Conference of the Department of Accounting Sciences, 2022.

Ali, Alia Mahdi, "The Impact of Artificial Intelligence on the Quality of Financial Reports and Its Impact on Decision-Makers," Master's Thesis submitted to the Council of the College of Administration and Economics, University of Karbala, 2023.

Al-Fahd, Yousef Hussein Aliwi, "Adopting XBRL in Electronic Accounting Information Systems to Improve the Quality of Financial Reporting," Master's Thesis submitted to the Council of the College of Administration and Economics, University of Karbala, 2021.

Al-Qadi, Lamia Mahmoud Mohammed, "Metaverse Technology and the Future of Home Economics Education in Light of Digital Learning," Scientific Journal of Educational Sciences, Issue 17, 2023.

Mohammed, Hisham Zakaria, Mohammed, Fatima Mahmoud Abdullah, "Management Accountant Competencies in Evaluating Sustainable Development Activities Using Artificial Intelligence Technology (Metaverse)," Scientific Journal of Financial and Administrative Studies and Research, Volume 15, 2023.

Naeem, Ibrahim, Joda, Abu Al-Hassanain Mohsen, "The Impact of the COVID-19 Pandemic on the Quality of Financial Reporting Content," Journal of the Faculty of Administration and Economics, Vol. 17(No. 3), 2021.

Youssef, Mai Maghawry Ali, Attia, Nourhan Sobhi Mohamed, "A Proposed Approach to Using Metaverse Technology as an Information Technology Innovation to Improve the Quality of Financial Reports in the Egyptian Environment: Between Determinants of Use and Advantages and Risks of Implementation," Faculty of Commerce, Sadat City University, 2022.

Huang, Chengxi, "Metaverse: Opportunity, Challenge, and Technology," 2023, (http://creativecommons.org/licenses/by-nc/4.0/)

Jawad, A. B. (2018). The role of organizational culture in activating the philosophy of sustainable development: An analytic Research at the Ministry of Industry and Minerals. Journal of Economics & Administrative Sciences, (29).

Mansour Nesrine, Abuyousef Mohammed, "Metaverse Technique: Accounting Practice in a Virtual World," Journal of Research in Finance and Accounting, Vol. 8, No. 1, 2023.

Prabakaran, N., Patrick, H. A., & Jawad, A. B. (2024). Global Regionalization of Consumer Neuroscience Behavioral Qualities on Insights From Google Trends. In Explainable AI Applications for Human Behavior Analysis (pp. 258-274). IGI Global.

Al-Gnbri, Mohamed Kais Adel, "Accounting and Auditing in the Metaverse World from a Virtual Reality Perspective: A Future Research," Journal of Metaverse, Volume 2, Issue 1, 2022.

Smith, Sean Stein, "Digitization and Financial Reporting – How Technology Innovation May Drive the Shift Toward Continuous Accounting", Accounting and Finance Research, Published by Sciedu Press, Vol. 7, No. 3; 2018.

Jawad, A. B., & Al-Kubaisy, S. A. D. (2021). Measuring range the application of Organizational Identification philosophy in the Zain Company for Communications. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 12(13), 7872-7876.

Widiyati, Dian, Murwaningsari, Etty, Gunawan, Juniati, “DETERMINANT FACTOR OF CONTINUOUS ACCOUNTING IMPLEMENTATION BASED ON INDONESIA BANKING’S EMPLOYEES”, International Journal of Research in Commerce and Management Studies (IJRCMS) 5 (1): 39-46, 2023.

Hasan, A. A., Kadhem, H. F., & Jawad, A. B. (2023). The Role of Quality of Work Life in Reinforcing Core Competencies: A Descriptive and analytical research in the Ministry of Health. Journal of Economics and Administrative Sciences, 29(138), 67-78.

Thakre, Vishakha, Girsawale, Kothiram, “Metaverse: The Virtual Reality” International Journal of Advanced Research in Science, Communication and Technology (IJARSCT), Volume 2, Issue 1, April 2022.

Himes , A. A. ., Aghasi, S. ., Buraa Jawad , A. ., & Korang Beheshti, S. . (2025). Designing a Human Resource Performance Model with a Thematic-Based Strategic Value Development Approach. Digital Transformation and Administration Innovation, 3(1), 1-8. https://journaldtai.com/index.php/jdtai/article/view/48

Alsartawi, Abdalmuttale Musleh, Hussainey, Khaled,” Guest editorial: The future of financial reporting and accounting in the Metaverse", © Emerald Publishing Limited 1985-2517, Journal of Financial Reporting and Accounting, Vol. 22 No. 2, 2024.

Salih Alzahloli, G. S., Mirtavousi, S. H., Jawad Alaameri, A. B., & Korang Beheshti, S. . (2024). Designing a Strategic Human Resource Planning Model Based on Artificial Intelligence Development. Digital Transformation and Administration Innovation, 2(3), 32-41. https://journaldtai.com/index.php/jdtai/article/view/70

Bendifallah, Lina, Djerrari, Zineb, Introduction to the Metaverse, Square Management, 2022.

Izzo, Maria Federica, Marco, Fasan, Tiscini, Riccardo, "The role of digital transformation in enabling continuous accounting and the effects on intellectual capital: the case of Oracle" Meditari Accountancy Research August 2021.

https://dokka.com

Othman, Salah, "The Metaverse and the Existential Crisis", salah.mohamed@art.menofia.edu.eg

Downloads

Published

2025-06-01

Issue

Section

Articles