Trading financial assets include stocks, bonds, real estate, futures, gold and so on.
Financial assets that meet one of the following conditions should be classified as transactional financial assets: ① The main purpose of obtaining financial assets is to sell or buy back or redeem them in the near future. (2) Being a part of the identifiable financial instrument portfolio under centralized management, there is objective evidence that the enterprise recently managed the portfolio in the form of short-term profit. (3) It belongs to financial derivatives. However, derivatives designated as effective hedging instruments by enterprises belong to financial guarantee contract derivatives, except those linked to equity instrument investments that are not quoted in an active market and whose fair value cannot be reliably measured and must be settled through delivery of equity instruments.
trait
1. The purpose of enterprise holding is short-term, that is, it is determined at the time of initial confirmation that its holding purpose is for short-term profit. Generally speaking, the short term here should not exceed one year (including one year);
2. The asset exists in an active market, and its fair value can be obtained through the active market.
3. During the holding period of trading financial assets, no asset impairment loss shall be accrued.
Definition of transactional financial assets;
According to the Accounting Standards for Recognition and Measurement of Financial Instruments, financial assets or financial liabilities shall be classified as trading financial assets or financial liabilities if they meet one of the following conditions:
(1) The main purpose of obtaining this financial asset is to sell or repurchase it in the near future. For example, the purchased stocks to be held in the short term can be used as trading financial assets.
(2) It is a part of the identifiable financial instrument portfolio under centralized management, and there is objective evidence that the enterprise recently managed the portfolio through short-term profit. If a fund company purchases a batch of stocks for the purpose of making short-term profits, the portfolio stocks shall be regarded as trading financial assets.
(3) It is a derivative instrument. In other words, under normal circumstances, the purchased derivatives such as futures should be used as trading financial assets, because the purpose of derivatives is trading. However, derivatives designated as effective hedging instruments, derivatives belonging to financial guarantee contracts and derivatives linked to equity instruments that are not quoted in an active market and whose fair value cannot be reliably measured and must be settled by delivering equity instruments are excluded, because they cannot be traded at any time.