The Omniverse and Metaverse for Accountants

Overview

This course provides a concise overview and non-technical explanation of the Omniverse and Metaverse - a shared virtual space that integrates various virtual, augmented, and actual realities. While futurists have been predicting and describing this concept for decades, interest and investment in this platform have recently exploded. Facebook has changed its very name to Meta - as in Metaverse - to reflect its pivot from a social media company to a virtual space company. Other tech companies, big and small, have announced ambitious plans to enable people to access digital environments and experiences through different devices. While sometimes perceived as science fiction, the metaverse is no entertainment gimmick. A growing consensus is that it will be the successor to the mobile Internet, and fundamentally transform the Internet, and perhaps even reality itself. You’ll walk away with a foundational understanding of how the metaverse is transforming the modern business world, and how accountants can position themselves for success in this emerging economic digital dimension. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this class include:

• Brief History of Experience-Sharing Technologies
• Omniverse and Metaverse Basics
• The Enterprise Metaverse
• Leading Case Studies and Platforms to Date
• Non-Fungible Tokens
• Digital Twins
• Immersive Learning
• Remote Presence
• Reality Editors and Product Experience
• Visual Inspection
• Synthetic Media
• Immersive Experiences
• Holodeck Technology
• Universal Basic Reality
• Metaverse Starter Strategy for Accountants

Prerequisites

None

Designed For

Practitioners who want a basic, non-technical understanding of the metaverse and how to set themselves up for long-term success in this new virtual frontier.

Objectives

After attending this presentation you will be able to...

• Identify at least 10 technological, business, and social trends driving the development of the Metaverse
• Give examples of at least 10 metaverse projects that are already underway
• Recognize at least five key management lessons and design principles learned to date related to metaverse technologies
• Recall at least three ways the metaverse has the potential to fracture reality and the world as know it
• Highlight at least five ways the metaverse will change the accounting profession

Preparation

None