Under IFRS9 S Rural Commercial Bank Asset Management Studies

After the subprime financial crisis in 2008,a revised accounting risk measurement model was formed in the world to adapt to the trend of economic development in the future.Under such a trend of thought,the international accounting standards board began revising the guidelines in 2009.IFSR9,a new criterion featuring the expected loss model,was officially released in 2014.China also announced the implementation of IFRS9 Chinese version in Financial Accounting in 2017.After the implementation of the new financial instrument standards,the assets classification,impairment calculation and valuation acquisition mode of commercial banks are quite different from the old standards.The banking supervisory authority,which is dominated by CBIRC,has not changed significantly compared with the old standards.However,the agricultural and commercial banks have a certain gap in assets,risk and management ability compared with the state-owned banks and joint-stock banks.There are also many management factors that are incompatible with the new financial instrument standardsAccording to the above situation,this paper studies the impact of the implementation of the new financial instrument standard on its internal management with the sample of S rural commercial bank,focusing on assets,and analyzes the asset management strategy under the new financial instrument standard with SWOT analysis method.The main cause of its asset management problems is found to be the defects of the internal rating model,the contradiction between regulatory requirements and accounting standards.In view of the above problems,the author gives some Suggestions,mainly including the following two points: one is to make up for the deficiency of internal evaluation system through migration rate model algorithm;the other is to use comprehensive business financial means to reconcile the contradiction between regulatory requirements and standards requirements.It is also considered that the rural commercial bank cannot copy the practices of state-owned Banks when constructing the new financial instrument standards,and should conduct management based on its own actual situation.At the same time,it is necessary to avoid focusing on specific issues and apply all management tools to solve the management problems under the new financial instrument standards.