2. When the enterprise obtains the derivative instrument, the borrower shall record it in the title of "derivative instrument" according to the fair value, the borrower shall record it in the title of "investment income" according to the transaction costs incurred, and the lender shall record it in the title of "other monetary funds" according to the actual amount paid.
3. On the balance sheet date, if the fair value of derivative instruments is higher than the book balance, the debit will be recorded as "derivative instruments" and the credit will be recorded as "gains and losses from changes in fair value"; Conversely, if the fair value is lower than the book balance, the opposite accounting entry is made.
4. When the derivative instrument is derecognized, it shall be handled in accordance with the relevant provisions of such subjects as "trading financial assets" and "trading financial liabilities".
Extended data:
The business scope of futures trading is divided into two categories, namely commodity futures and financial futures. Commodity futures are mainly cereals, beans and agricultural products; All kinds of livestock and poultry meat products; Metal, petroleum, wood, rubber, gold and silver and other means of production products;
Financial futures mainly include: interest rate futures, that is, medium and long-term short-term treasury bonds, government mortgage bonds, commercial paper, Eurodollar and local bonds; Foreign exchange futures, namely pound, yen, Canadian dollar, euro, etc. ; Index futures, namely Poole stock index and options, US dollar index, composite commodity price index, Nikkei average index and Hong Kong Hang Seng index, etc.
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