Eyeballing internal auditors’ and the firms’ intention to adopt Metaverse technologies: case study in Indonesia
Journal of Financial Reporting and Accounting
ISSN: 1985-2517
Article publication date: 20 July 2023
Issue publication date: 29 April 2024
Abstract
Purpose
This paper aims to give broad insights into what components can significantly influence the adoption of Metaverse from the perspective of internal auditors and their firms in Indonesia.
Design/methodology/approach
This research used primary data from questionnaires. Relying on the empirical view of 202 internal auditors in Indonesia, this research’s framework is executed using structural equation model. Company’s intention in adopting the Metaverse technology intervenes in the influence of perception of external control and usefulness on the internal auditor’s intention to adopt that technology.
Findings
The perception of external control and perceived usefulness of Metaverse significantly influenced the adoption intention of Metaverse by internal auditors and their firms in Indonesia. This paper is helpful for practitioners who would like to know what factors are needed to make the internal auditors in Indonesia able to adopt Metaverse.
Research limitations/implications
Results might be varied from country to country as each country has different technology development. Therefore, upcoming research can compare similar studies in another country. This paper can contribute to further empirical development for the theory of acceptance model of the third version. Many researchers use the theory to study advanced technology adoption intention.
Practical implications
The paper is also essential for future research and could enhance companies' knowledge about staying updated in the market with the advanced technology that keeps developing.
Originality/value
This paper contributes to an integrated view of the intention of internal auditors and firms in Indonesia to adopt Metaverse. To the best of the authors’ knowledge, this topic is relatively new in Indonesia.
Keywords
Acknowledgements
The authors appreciate the tremendous cooperation from the management of the Indonesian Institute of Internal Audit (IIA) and the members of IIA Indonesia who have participated in our survey. The authors also appreciate the respondents from several reputable companies and public accounting firms in Indonesia. This research is also financially supported by the Research Centre of Petra Christian University.
Citation
Hatane, S.E., Sondak, L., Tarigan, J., Kwistianus, H. and Sany, S. (2024), "Eyeballing internal auditors’ and the firms’ intention to adopt Metaverse technologies: case study in Indonesia", Journal of Financial Reporting and Accounting, Vol. 22 No. 2, pp. 350-365. https://doi.org/10.1108/JFRA-02-2023-0096
Publisher
:Emerald Publishing Limited
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