The Impact of Applying Metaverse Technology on The Quality of Accounting Information in Public Health Organization

Abstract

With the metaverse, there can be real time reporting and automating of complex auditing processes to make accountants work much more efficiently and generate information that is reliable for decision making. Accountants can interact with their stakeholders in real time and trust and are accountable in financial reporting with help of metaverse. However, there are a lot of challenges in widespread adoption like cybersecurity risks, high implementation costs and you need to have particular skills in order to use them. As organizations embrace the metaverse, they find that financial information is becoming faster, more accurate and more accessible. Further research into regulatory frameworks and training programs to address these challenges is suggested by the study.