Open AccessResearch on Accounting Issues of Derivative Financial Instruments under Network Conditions
Author(s) -
Liyuan Wang
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/631/5/052018
Subject(s) - accounting , derivative (finance) , mark to market accounting , fair value , accounting information system , financial accounting , financial instrument , financial statement , business , accounting management , value (mathematics) , economics , finance , computer science , audit , machine learning
As a special modern accounting object, after years of continuous research on derivative financial instruments, the accounting community has made significant substantive breakthroughs. It has become the consensus of the major standard-setting bodies that derivative financial instruments should be included in the statement and measured at fair value. With the deepening development of market economy and the advent of the Internet era, China’s derivative financial market has also ushered in a new period of development. Therefore, we should combine network technology to break through the traditional accounting recognition and measurement model, and reflect derivatives accounting information comprehensively and objectively in time.