A Brief Analysis of Derivative Financial Instrument Accounting and China's Countermeasures
Abstract
In recent years, with the rapid development of China's economy, derivative financial instruments are more widely used in China's enterprises. This paper studies the accounting for derivative financial instruments, which brings great challenges and risks to the development of many enterprises because of its high stakes and high returns. Therefore, to deal with the challenges, China should reformulate accounting confirmation standards, adopt a variety of value measurement, improve accounting statements, strengthen the accounting supervision of derivative instruments risks and other scientific and effective coping strategies.
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DOI: http://dx.doi.org/10.18686/fm.v4i2.1602
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