Research On The Impact Of New Financial Instrument Standards On The Performance Of China Construction Bank

On March 31,2017,the ministry of finance issued the accounting standards for business enterprises no.22,no.23 and no.24,three new financial instrument standards.With the new financial instrument standards coming into effect on January 1,2018,it has brought great impact to financial institutions.Banks are an integral part of the financial market and the hub of the national economy.After the implementation of the new financial instrument standards,Banks will inevitably adjust their books and business behaviors,which will have an impact on their performance.In this context,this paper takes China construction bank as an example to explore the impact of new financial instrument standards on its performance,which has important practical significance for the steady and balanced development of China construction bank.The theme of this paper is the impact of the new financial instrument standards on the performance of CCB.First through to the existing research results,have the related overview,focuses on the core content of new financial instruments code changes,mainly includes the financial assets classification,write-downs method,and the change of the hedging accounting,then introduces the construction bank performance overview and rule of new financial instruments to the influence factors of construction bank performance;Secondly,through the classification and measurement of financial instruments and the provision for impairment of financial assets,the paper systematically analyzes the book adjustment of China construction bank from 2017 to 2018 under the new financial instrument standards.On this basis,the impact on performance is analyzed by virtue of the changes in such indicators as net profit,ROE and RAROC.Thirdly,using the rule revision to the construction bank business behavior changes,mainly on the intermediate business structure,loan business structure,asset structure analysis to lead to the implementation of the rule to adjust the business behavior.By adjusting the data of China construction bank from 2014 to 2017 before the standard change of new financial instruments,relevant indicators before and after the standard change were calculated,and then comparative analysis was made to obtain the impact on the performance of China construction bank.Finally draws the conclusion,and proposes the pointed suggestion.