Fair Value Accounting Measurement Model Application Discussed

Our country Ministry of Finance has announced one of the new includingfundamental 1 criterion and concrete 38 criteria package criteria for enterpriseaccounting system on February 15, 2006, this has been that the accountant reformsqueen our country then in 1993 once have the great importance accountant reformation.New accountant criterion promulgation composes in reply circumstances putting theeconomic growth having adapted to present into practice, economic globalization,capital market unify especially, the accountant criterion international is tend towardssame circumstances, and simultaneous, also beneficial to our country enterpriseanswers the challenge joining the new circumstances "competing for internationalize-tion in the homeland" waiting been confronted with by the WTO queen actively.New accountant criterion existence is all historic in a lot of aspect transform,especially all-round that fair value measures leads into, the boundary, business circles,academic circles bring about to our country bond far-reaching influence. Since ourcountry long range adopt historical cost to be that the financial accounting measuringthe basis tradition measures the extensive use that the pattern, therefore fair valuemeasure be a process continuing studying, feeling sells way to any enterprise,individuals.Fair value definition, characteristic and relevance the main body of a book hasbeen studied from the origin that fair value measures, at home and abroad developingcourse start off, systematic expounding measure a basis; To fair value, in our country,the accounting practice reality applies inside and outside have made the all-roundretrospect, and have analysed new accountant criterion system adopt fair value tomeasure to the agent not only at present; The main body of a book priority is fifthchapters and sixth chapters, concrete application measuring to fair value in newaccountant criterion in fifth chapters authors, investment real estate, is not that monetaryassets has exchanged, assets subtraction value, debt have re-organized, enterprisemerger, finance implement etc. has done detailed analysis explanation respectively, notonly the account affairs carrying out the reality sum up a summary, and compose out with the journal entry form to concrete criterion on relevance criterion handles, To lookforward to helping more accountant professional staff to study the criterion applying thenew accountant penetrating, convenient and rapid. Author have analysed theapplication that fair value measures all round in sixth giving active that enterprise bringsabout effect, the ecological environment has set off from the accountant and, will putthe obstacle there existing in possibility in process into practice having also madeall-round analysing; Fair value measure future apply look into the distance aspect,author think that new accountant criterion regardless of secondary work out, be put intoeffect, apply aspect ought to keep due cautious, not only be more correct than treat fairvalue such as cut value prepare and so on criterion apply middle existence contradiction,and need to correct report and sufficient reveal financial statement information andrelevance financial targets system basis upper ensure that new old accountant criterionstable link up.