Research On The Accounting Measurement Model In China

With the constant improvement of the market economy system of China, the gradual formation of the new pattern of economic interests, as well as the development of the accounting system, accountants are improving in their performance quality, while the historical cost measurement model is turning out to be more and more insufficient, no longer adequate as far as the new transaction environment is concerned. The concept fair value highlights itself against the current accounting standards, and fair value measurement model becomes a hot issue in this field. One major question to be answered is whether we should abandon the historical cost measurement model, and to what extent the fair value accounting measurement model is operative. For that reason, drawing on the research results on accounting measurement model at home and abroad, and taking into account the special transaction environment of China, this thesis tries to explore the accounting measurement model that can accommodate to the national conditions of China.Applying approaches of literature analysis and normative research, this thesis at first introduces related theories on accounting measurement model, and analyses factors,that is, theoretical factors, microcosmic factors and microcosmic factors, which have influence on choosing of accounting measurement model, It also draws an international comparison concerning the accounting measurement model so as to obtain from the research findings of other countries some inspiration that might be enlightening to the application of fair value in China. And then through the analysis of limitations of both the historical cost measurement model and fair value accounting measurement model, this thesis proposes a plural model of accounting measurement, including the pluralization of measurement unit and measurement attributes, and conducts an analysis in terms of its feasibility in China. At the end of this thesis, five suggestions are offered in an effort to do some constructive work for the improvement of the plural model of accounting measurement model in China.This study is conducive to improving the relevance and reliability of accounting information quality, and can serve better for realization of the goals of enterprises as well as the interests of their stakeholders.