Research On Accounting Policy Choice Of Classification Of Financial Assets

The accounting policy choice refers to the course of the administrative authority drafting the accounting policy according to the goal of enterprise or administrative authority,after comparing and analyzing to the various accounting principles,methods and processes.Along with the working up of market economy and the developing of capital market in China,the accounting policy choice is playing the more and more important role in the enterprise'financial information systems. The different accounting policy choices usually cause different accounting information, and bring different results and efficiencies to the correlative parties during profit and social resource distributing.China promulgated the new in February 2006. not only draw the related provisions from the IAS39,which is divided the financial asset into four categories,but also introduce the fair value measurement attribute. However, the classification standard of financial asset is not very clear in the rule. Especially the financial asset which has the quotation in the active market and has no fixed expiry dates, the division of both depends on risk management and hold intent of enterprise managers, which creates new space for the accounting policy choice of enterprise managers.Because of the inaccurate of accounting rule and various motives of managers, There is a practical need for researching the financial asset classification. Normative research and empirical research are used in this paper,and explain enterprise managers are likely to choice the accounting policy for some purposes when dividing the financial asset, finally this paper gives related suggestions for the question. Hope relevant departments can further improve the provision of financial assets and scientific standardize the accounting policy choice through this paper'research,and make our country securities market better development.