THE SIGNIFICANCE OF DIGITAL FORENSIC ACCOUNTING FOR THE METAVERSE CIRCULAR BUSINESS MODEL Cover Image

ZNAČAJ DIGITALNOG FORENZIČKOG RAČUNOVODSTVA ZA CIRKULARNI POSLOVNI MODEL U METAVERZUMU
THE SIGNIFICANCE OF DIGITAL FORENSIC ACCOUNTING FOR THE METAVERSE CIRCULAR BUSINESS MODEL

Author(s): Olivera Mijailović, Azra Medunjanin
Subject(s): Business Economy / Management, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: INTERNACIONALNI UNIVERZITET TRAVNIK
Keywords: digital forensic accounting; digital tools; innovative models and technologies; metaverse; development of sustainable bussines practices;

Summary/Abstract: The metaverse is a virtual space that integrates the physical and digital worlds, enabling users to interact, work, and engage in various activities through digital tools. In this context, circular business model innovation refers to the development and implementation of models within the metaverse focused on sustainability and the circular economy. These models aim to minimize waste and maximize resource reuse, leveraging digital platforms and virtual interactions. Through technologies such as blockchain, virtual reality, and augmented reality, business innovations enhance efficiency and reduce the environmental footprint. Digital forensic accounting plays a crucial role in supporting circular business models in the metaverse, fostering sustainability and facilitating the development of practices essential for long-term success in digital environments. This paper aims to analyze the role of digital forensic accounting in promoting international growth and accelerated globalization. The study will also explore how innovations in business models within the metaverse can further advance internationalization by highlighting the link between circular business practices and digital tools. The paper offers insights into how metaverse strategies can strengthen the relationship between digital forensic accounting and global business success, as the relationship between digital forensic accounting and accelerated internationalization.

  • Issue Year: 13/2024
  • Issue No: 29
  • Page Range: 67-78
  • Page Count: 12
  • Language: Serbian
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