The scope of financial accounts covers strict financial transactions and other monetary transactions.From the perspective of the entire national economy, borrowing and borrowing between domestic institutions and departments will offset each other. The net borrowing or net borrowing of the entire economy must go to the foreign financial market to find solutions.LTG in this article
GoldRock will share with you what are the role of financial accounts ~
1. From the overall comprehensive description of the flow of funds formed through financial transactions, the flow of various departments, and also reflects the international flow of capital;
2. The volume that records the change in financial assets and debt stocks due to economic transactions is the main part of the stock change;
3. The financial account is not an isolated account, but an organic component of the entire economic flow accounting caused by economic transactions in this issue.The reason is:
Financial account is the second account accumulated. It connects the capital account -the balance item of the financial account is the same as the balance of the capital account and the same symbols, but the record direction is the opposite.The balance of the account came from.It explains the whereabouts of the capital surplus and the source of the shortage of funds formed by various institutions and departments in non -financial transactions, which enables all economic transaction accounts to end.
The transaction between financial instruments and non -financial instruments, through duplex accounting, linked financial accounts with production accounts, income distribution accounts, and use accounts to become a whole.Unlike production accounts, income distribution accounts, and use accounts, financial accounts have not been able to transfer to the balance items of another account, indicating that a series of accounts that describe the transaction traffic of each department to the financial account will end.A account, the calculation of traffic in the National Economic Movement is over;
5. The change in financial asset liabilities recorded in the financial account is the main part of the stock change, and the national economic accounting is transferred to the stock accounting;
6. The financial account also comprehensively reflects the overall situation of a country's financial market and participates in the international financial market conditions. Various financial activities have been recorded through different financial project classifications.Traffic and main flow provides information.
