The Audit Study On Our Nation's Financial Derivatives

"Financial derivatives" is a kind of financial concept which isn't known until the 1990s'. Its fast development, especially a series of risky accidents which led to serious effects draw our great attention. At the same time, the market of the financial derivatives of china undulates as the international market of the financial derivatives does. The affair of "327" in China and the bankrupt of British Barine bank almost took place at the same time. The affairs of Zhuyou , Dahe and Orange obliged us to pay more attention to financial derivatives which offer a typical example for people to better apply the financial derivatives. Through these cases we see that the financial derivatives itself is neutral. The point is how people use it. So how to develop our economy and to reduce the risk, as well as the audit of financial derivatives become our vital matters.The article, based on the reference of research achievements in home and abroad and rules and methods of present auditing, combining some typical specific affairs of financial derivatives, introduces some basic problems about the auditing of financial derivatives. It includes the kinds and features of financial derivatives, the generation and development of their markets and the risk of the auditing of financial derivatives. This article also goes brief introduction and comment to a series of important risky matters of financial derivatives of home and abroad in recent years, and brings consideration to the development of Chinese auditing to financial derivatives. The article emphatically discusses the accounting regarding to financial derivatives, our financial derivatives auditing' condition and the problems we are facing. It, combining the situation and characteristics of Chinese financial derivatives markets, constructs the auditing procedure. It puts forward the match measures to which should be paid great attention by our nation to better execute the auditing of Chinese financial derivatives. At last, it concludes with prospects to Chinese financial derivatives auditing. This article strives for combining the theory with the practice, from multiple facts and angles to make exploration. Under the foundation of full occupation and the analysis of practical materials, it firmly holds the development tendency of Chinese financial derivatives and probes into the right way of the development of our financial derivatives auditing and the match measure needed by the markets, all of which help our financial derivatives auditing to develop correctly.