Accounting for the metaverse: Classification, valuation, and reporting of virtual assets in decentralized economies

Authors

  • Amir Ehsane Department of Accounting, Arak Branch, Islamic Azad University, Arak, Iran.
  • Ali Lalbar * Department of Accounting, Arak Branch, Islamic Azad University, Arak, Iran.

https://doi.org/10.22105/metaverse.v2i4.93

Abstract

As the metaverse emerges as a significant global investment environment, this study investigates the classification and valuation of virtual assets to provide insights into evolving accounting practices and the development of frameworks necessary to enhance investor confidence. By reviewing existing research, the paper analyzes this persistent, three-dimensional space where economic value is created through decentralized transactions. The analysis demonstrates that while the metaverse integrates financial and physical realities, traditional principles of accounting and quantitative measurement remain fundamental, provided that virtual assets can be measured reliably enough to fall within the scope of financial reporting. Despite current challenges in classifying these assets as intangibles, financial instruments, or inventory, the study concludes that integrating the metaverse into formal financial systems depends on the evolution of standardized practices, technological adaptation, and regulatory alignment.

Keywords:

Metaverse, Virtual assets, Accounting, Financial

References

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Published

2025-12-27

Issue

Vol. 2 No. 4 (2025): Metaversalize

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How to Cite

Ehsane, A. ., & Lalbar, A. (2025). Accounting for the metaverse: Classification, valuation, and reporting of virtual assets in decentralized economies. Metaversalize, 2(4), 248-255. https://doi.org/10.22105/metaverse.v2i4.93
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