For stocks, bonds, funds and their derivatives of financial assets measured at fair value and whose changes are included in the current profits and losses, the fair value at the time of acquisition is taken as the initial recognition amount. Relevant transaction costs are included in the current profit and loss when incurred, excluding the costs of financial assets and derivatives. The payment price includes declared but unpaid cash dividends or bond interest that has reached the interest payment period but has not been received, and the receivable items shall be confirmed separately.
Interest or cash dividends obtained by an enterprise during the period of holding financial assets measured at fair value and whose changes are included in current profits and losses shall be recognized as investment income. On the balance sheet date, an enterprise shall include the changes in fair value of financial assets measured at fair value in the current profit and loss.
When disposing of the financial asset, the difference between its fair value and the initial recorded value shall be recognized as investment income, and the gains and losses from changes in fair value shall be adjusted.
Example: At the end of June 2008, the fair value of the derivative financial instrument-put option was RMB 50,000, and the cost price was RMB 20,000. At the end of 2008, the derivative financial instrument-put option was 40 thousand yuan, and the cost price was 20 thousand yuan.
Accounting entry: when purchasing
Borrow: derivative financial instruments-put options-cost 20000.
Loan: 20,000 yuan from the bank.
June 2008
Debit: derivative financial instruments-put options-fair value change of 30,000.
Credit: 30,000 gains and losses from changes in fair value.
The end of June 5438+February 2008,
Debit: gains and losses from changes in fair value 10000.
Loans: derivative financial instruments-put options-changes in fair value 10000.
Fill in -20000 in line 3, column 5.
It should be noted that lines 2, 3 and 4 of this schedule do not include financial assets available for sale. Available-for-sale financial assets usually refer to financial assets that are not classified as fair value financial assets, held-to-maturity investments, loans and receivables. For example, the purchase of quoted stocks, bonds and funds in an active market by an enterprise is not classified as financial assets measured at fair value and whose changes are included in the current profits and losses, nor as financial assets such as held-to-maturity investments.
Available-for-sale financial assets are initially recognized as the sum of the fair value of the acquired financial assets and related transaction costs. If the bond interest that has reached the interest payment period but has not been received or the cash dividend that has been announced but has not been paid is included in the payment price, it shall be separately recognized as the receivable item.
Interest or cash dividends obtained during the holding period of available-for-sale financial assets shall be included in investment income. On the balance sheet date, available-for-sale financial assets are measured at fair value, and changes in fair value are included in capital reserve (other capital reserve). When disposing of available-for-sale financial assets, the difference between the price obtained and the book value of the financial assets is included in the investment profit and loss; At the same time, the amount corresponding to the disposal part of the accumulated amount of fair value changes originally directly included in the owner's equity will be transferred out and included in the investment profit and loss.
Example: On June 0, 2008, Hongri shares purchased 200,000 shares of Siming shares at the price of 20 yuan per share (including the declared undistributed cash dividend of 0. 15 yuan per share) through the Shanghai Stock Exchange, and paid the transaction-related taxes of15,000 yuan, which was confirmed as a trading financial asset by the investment management department of Hongri Company. On June 8th, the dividend was 30,000 yuan, and on June 30th, the share price fell to 15 yuan. 1October 20, each share is 65,438+07 yuan, and 60,000 shares of Siming are purchased again, and relevant taxes and fees are paid to 9,000 yuan. 1October 25th, 165438+ sold 65438+ ten thousand shares of Siming at the price of 23 yuan per share, and paid relevant taxes of 8,000 yuan. 65438+February 3 1 day, the stock price of Siming shares is 26 yuan. Relevant accounting treatment is as follows:
1. June 20081day to buy stocks.
Borrow: Trading financial assets-the cost is 3.97 million yuan.
Dividend receivable 30000
Investment income 15000
Loan: bank deposit 40 15000.
The accounting cost of this trading financial asset is 3.97 million yuan, and the transaction cost 1.5 million yuan is included in the current profit and loss. According to the tax treatment principle of various investments, transaction costs are included in the tax cost of investments and cannot be deducted in the current period. The transaction cost of 6.5438+0.5 million yuan should be treated as tax increase, and the tax cost of investment is 3.985 million yuan.
June 8(th), 2008
Debit: 30,000 yuan from the bank.
Loan: Dividend receivable is 30,000 yuan.
June 30th, 2008
Debit: gain and loss from changes in fair value is 970,000 yuan (15× 200,000-3,970,000 yuan).
Loan: tradable financial assets-the fair value changes by 970,000.
Gains and losses from changes in fair value-970,000 yuan shall not be deducted before tax.
4.200865438+1October 20th.
Debit: trading financial assets-cost 1020000.
Investment income 9000
Loan: bank deposit 1029000.
The accounting cost of this transactional financial asset is RMB 6,543,800+0,200, and the transaction cost of RMB 9,000 is included in the current profit and loss. According to tax regulations, transaction costs are included in the tax cost of investment and cannot be deducted in the current period. The transaction cost of 900,000 yuan should be treated as tax increase. The investment tax cost is 6.5438+0.029 million yuan.
2008125 October
Debit: Bank deposit of 2292000 (23× 100000-8000)
Trading financial assets-fair value change 373100 (970000×10 ÷ 26)
Loan: Trading financial assets-cost1919200 (4,990,000×10 ÷ 26) and investment income of 745,900.
At the same time, the fair value change gains and losses corresponding to the transferred trading financial assets will be transferred out and included in the current investment income.
Borrow: Investment income 373 100
Loans: gains and losses from changes in fair value 373 100.
Accounting confirmed that the transfer income of transactional financial assets was 745,900 yuan, and tax confirmed that the transfer income of transactional financial assets was 23×10-(398.5+102.9 )×10 ÷ 26-0.8 = 230-501. The taxable cost of the remaining 6,543,800+6,000 shares is 3,085,500 yuan.
February 3, 20081
Debit: trading financial assets-changes in fair value1686100 [26×16-(397-97+102+37.31-19.
Loans: gains and losses from changes in fair value 1686 100.
Tax treatment: if the gains and losses from changes in fair value are 65,438+0,686,5438+0,000 yuan, the tax law will not be recognized, and the taxable income will be reduced by 65,438+0,686,5438+0,000 yuan at the end of the year. As the transaction cost has been included in the accounting profit and loss and the tax law has been included in the investment cost, the tax payable is increased by 32,000 yuan (1.5+0.9+0.8).
On June 5438+February 3, 20081day, the fair value was 2.3 million yuan, and the tax cost was 3,085,500 yuan. The difference between the two is adjusted through taxation in financial asset transactions.