GO-Alpha: Metaverse-Based Accounting Information System for Enhancing the Quality of Accounting Information

Abstract

The paper aimed to discuss and investigate the impact of implementing a Metaversebased on accounting information system to fill the gap between applying Metaverse and performing accounting functions. Moreover, the study investigates the importance of Metaverse in accounting system and using virtual ecosystem to perform accounting tasks and enhancing the quality of accounting information. The researchers developed a tool called GO-Alpha[1] for helping users to immerse themselves virtually within Metaverse to perform their accounting tasks virtually with depending on a Metaverse platform called Spatial.io for enhancing the immersive characteristic. The study concluded that adopting such generative tool can help the accounting information system to perform its stages such collecting, processing and storing data remotely and more efficient than traditional systems. The researchers used GO-Alpha for performing multiple functions based on AI mechanism such as analyzing financial data, performing an interactive data, making a prediction of stock prices of companies that have NFTs or existence in Metaverse. The model used in the developed tool is based on using TensorFlow.js for making an accurate prediction by ML algorithms with using AI model from google (Gemini) to access a high volume of data at any time.