Intake Of The Accounting Of Derivative Financial Instrument

In the 1970's financial risks have increased rapidly. New financial instruments emerged in an endless stream on the international financial market. As the combination of financial facts, Financial innovation is the hardcore. As one kind of financial derivative instruments, stock index futures have becoming one kind of the most active financial instruments in all over the world.Along with the rapid grow of our country's economy, the speed of financial develop will be faster, to spread Derivative Financial Instrument is essential. Derivative Financial Instrument is one kind of the contracts that will be carried out in the future. The rights and duties of these contracts do not accord with the definition of elements of financial statement, and the characteristic that they have made them long lasting not in the financial statement, so the Recognition, Measurement and Disclosure of the stock index futures will be a hot issue.In fact, the international account fields pay close attention to the questions mentioned above. The more authoritative account organization such as FASB and IASC have taken active measures and discussed the comprehensive application of the Derivative Financial Instruments. Our country has already made use of these instruments in recent years. It isVery important for the Derivative Financial Instruments to make an intake of the accounting management framework. These studies will help us to make the most of the action of the Derivative Financial Instruments on the higher degree and in the large area, promote them perfect, meet the needs of Chinese reform and the communication with other country, make full use of the accounting action and promote the development of the socialist market economics.The book discuss the issue's purpose and it's researchful status of our country or overseas. expatiate the basic theory if stock index futures; including it's appearance and characteristic, the essentiality to bring forward the stock index futures; discuss the influence of exchange of the stock index futures to current account theory and practice. Including the influence of account recognition, measurement and disclosure; to discuss how to construct the account pattern of exchange of the Derivative Financial Instrument, how to innovate the way of current account recognition, measurement and disclosure.