Study On The Impact Of New Financial Instruments Accounting Standards On The Profitability Of S Bank Ningxia Branch And Countermeasures

High-quality financial instrument accounting standards are essential for the development of financial markets.In order to better adapt to changes in the market,China has promulgated and implemented new financial instrument accounting standards,aiming to improve the transparency of financial instrument disclosure,strengthen asset management allocation,and improve the level of risk assessment is to better prevent and resolve financial risks and promote the steady development of economic operations.However,due to the initial implementation of the new standard,there are still some uncertain factors that will affect the operation status and profitability of S Bank Ningxia Branch,and the development of banks will also face many challenges.In this context,it is important for banks to prevent risks in a timely manner and to better adapt to changes in the guidelines.This paper first sorts out the new norms,profitability and the basic theory of the EVA evaluation system,and builds the evaluation system of the profitability of S Bank Ningxia Branch.Secondly,based on the report data of S Bank Ningxia Branch,through the calculation and analysis of traditional indicators,it is concluded that the new financial instrument accounting standards have led to the increase of the asset impairment loss,the increase of profit volatility,the decrease of net profit and the increase in the non-performing loan ratio of S Bank Ningxia Branch.It shows that the new standard has many adverse effects on the profitability of the bank.The EVA evaluation system analysis shows that the new standard will have a certain impact on the bank's economic value added in the short term,but it will be beneficial to the bank's profitability and operational capacity in the long run.Through research and analysis,it shows that S Bank Ningxia Branch's implementation of the new standards may pose some challenges to financial assets accounting treatment,reporting data,business strategy adjustment,professional quality,and risk management.In order to better play its long-term role,the following suggestions are proposed based on the analysis results:improve the accounting system;optimize the business process;using the big data to improve the bank's evaluation model;adjusting the bank's business strategy;improving the overall quality of financial accounting talents;enhance risk tolerance and strengthen supervision.These measures have a certain role in promoting the profitability and competitiveness of S Bank Ningxia Branch.