Research On Accounting Information Disclosure Of Derivative Financial Instruments In China

In 2007,the financial crisis which caused by Subprime mortgage crisis spreaded rapidly with the global economic integration of the world, has brought fierce turbulence to the whole world money market and played a negtive effection on the growth of the world entity economy seriously. One of the important reasons of the crisis is excessive utilizes of the financial tool's innovation.Along with the increasing development of the market economy in our country, the derivative financial instruments have been developing vigorously.They reduced the fund raising cost for provide the good chance for the reduce of the cost of finance,the enhancement of exchange risk management, the enhancement of the fund's use efficiency.However, since the derivative financial instruments appear, they have both a high risk and high income,called "the double-edged sword". If you use them appropriatly, you can obtain the rich repayment,.If you use them unappropriatly, you possibly suffer the heavy loss, even goes bankrupt.Therefore, the accounting research of derivation financal instruments has the high theory value and the practical significance.The main goal of this article is valuating the using of the derivative financial instruments in our country through analyzes the present situation their information disclosure; According to the standard of the accounting information quality standard,I point out the problems in the disclosure and proposed the improvement suggestion to enhance the disclosure quality of the imformatin of the derivative financial instruments in our country.This article mainly divides into four parts. Part 1 is an introduction; Part 2 is the elementary theory of the financial instruments' disclosure, including the introduction of their definition and the characteristics and the comparative analysis of the accounting information disclosure standard of the derivative financial instruments of FASB, IASB and our country. Part 3 is the problems in our country's relevant standard according to the analysis of the financial instruments' accounting information of the 2009 year financial reports from our country's 11 banks and American 3 banks; Part 4 is the proposal to the consummation and the enhancement of the disclosure quality of derivation finance instruments' accounting information.