FVTPL: fair value of profit and loss;

Fair value measurement and its changes are included in current profits and losses (hereinafter referred to as FVTPL); It is measured at fair value and its changes are included in other comprehensive income (hereinafter referred to as FVTOCI).

Definition of nouns:

1, FVTOCI is a transactional financial asset, which refers to the bond investment, stock investment and fund investment recently held by enterprises for sale. For example, stocks, bonds and funds purchased from the secondary market for the purpose of earning the difference. Transactional financial assets is a newly added accounting subject in accounting in 2007, which mainly replaces the original short-term investment in order to adapt to the current market transactions such as stocks, bonds and funds. There are similarities but differences.

2.FVTPL refers to the financial assets measured at fair value and whose changes are included in the current profit and loss. Generally speaking, when the financial asset does not meet the conditions for recognition as a trading financial asset, the enterprise can still measure it at its fair value under certain conditions that meet the conditions, and the changes in its fair value are included in the current profits and losses.

Extended data:

Contents of international accounting standards:

1, "Statement of accounting policies",

2. "Valuation and presentation of inventories under the original cost system",

3. "Consolidated accounting statements",

4. "Depreciation accounting",

5. "Information to be provided in accounting statements",

6. "Accounting response to price changes",

7. "Statement of changes in financial position",

8. "Extraordinary items, previous items and changes in accounting policies",

9. "Accounting for research and development activities",

10, Accidents and events after the balance sheet date, construction contract accounting, income tax accounting, methods for reflecting current assets and current liabilities, financial information compiled by the Ministry, information reflecting the influence of price changes, accounting for property, equipment and factory assets, leasing accounting and confirmation of operating income;

1 1, retirement allowance in employer's accounting statements, disclosure of government subsidy accounting and government subsidy, accounting treatment of exchange rate changes, accounting treatment of enterprise merger, capitalization of loan interest, reflection of related party transactions, etc.