Accounting for Financial Transactions in the Metaverse Environment

The rapid advancement of information technologies has led to the emergence of the Metaverse, a new economic ecosystem built on blockchain and digital assets. Elements such as NFTs, token economies, and smart contracts are transforming the nature of financial transactions, bringing forth new challenges regarding the classification, valuation, and reporting of digital assets in accounting. The aim of this study is to examine how economic activities arising in the Metaverse should be addressed from the perspective of the accounting information system and to present a comprehensive framework for the accounting of digital asset–based transactions. The study first explains the theoretical foundations of the Metaverse, the components of the digital economy, and the mechanisms by which blockchain technology ensures financial security and transparency. It then analyzes NFTs, crypto assets, token-based financial models, and virtual property relations, exploring their connections with accounting standards. Finally, example applications are developed on how commercial transactions in the Metaverse can be recorded within the framework of the Uniform Chart of Accounts (THP), and the opportunities and risks of the digital economy for the accounting profession are evaluated analytically. This comprehensive analysis aims to assess the transformation created by the Metaverse in the accounting profession from both theoretical and practical perspectives, offering important insights into the future of the digital economy.