What are financial assets?

Financial assets usually refer to cash on hand, bank deposits, accounts receivable, bills receivable, loans, other receivables, equity investment, debt investment and derivative financial instruments, as well as other monetary funds (such as foreign deposits, corporate foreign exchange deposits, cashier's check deposits, bank draft deposits, credit card deposits, letter of credit deposits, investment deposits, etc.). ).

The new standard stipulates that financial assets include the following three categories: financial assets measured in amortized cost, financial assets measured at fair value and whose changes are included in other comprehensive income, and financial assets measured at fair value and whose changes are included in current profits and losses.

Financial assets refer to all documents representing future income or legal claims to assets, also known as financial instruments or securities. It refers to the assets owned by units or individuals in the form of value, and it is a kind of claim for physical assets.