Metaverse: A new challenge for cost accounting

Abstract

The connection between cost accounting and the Metaverse has not empirical tested yet. Consequently, the current empirical study predicts the challenges facing adopting cost accounting information under the Metaverse world. To reach this goal out, an online-questionnaire is developed to gather the data. The researcher has received more than sixty online responses, 63. A structural equation modelling (using Smart PLS 4.0) is implemented to interpret the results. The study, however, had unveiled that data security, quality of cost accounting information, and the trust in the cost accounting information cannot be considered real challenges for user of the Metaverse world. The study also has asserted that the job relevance is a main challenge for the adopters of the Metaverse. Indeed, there is no sufficient empirical evidence to deem the Metaverse a new challenge for cost accounting, especially in Iraq.