Challenges and prospects for internal audit activities in the Metaverse world / Applied research in the Basrah Investment Commission
- Post by: Muthanna mjdes
- November 7, 2024
- Comments off
Abstract
As a result of the increasing interest in Metaverse technology by research institutions and technology companies, and given the advantages of this technology through which participants can combine virtual reality with augmented reality in one environment. This has made it a source of attraction for economic units to enter the virtual environment of this technology. It has also obliged the internal audit profession to adapt to the developments in the virtual business environment. Accordingly, this research concludes with a problem that requires identifying the nature of the challenges related to the performance of internal audit activities in the world of the Metaverse and ways to confront them. Among the results produced by this research is that the internal auditor can carry out internal audit activities in the world of the Metaverse. In addition, it is possible to achieve the objectives of the internal audit process through virtual reality applications. The researcher presented a set of recommendations, the most prominent of which is to achieve integration of the various technologies of the Metaverse, represented by virtual reality with augmented reality, in order to achieve maximum benefit when interacting with this technology.
Muthanna Journal of Administrative and Economic Sciences, 2024,Volume 14, Issue 3, Pages 53-61
DOI:10.52113/6/2024-14-3/53-61
