The Study On The Accounting Measurements For Non-Monetary Transactions Without Consultable Market Value

So far, the concepts, models and technologies of accounting measurements is at a stage that changes from traditional input values - the historical cost measurements to cash flow values - Present Value Measurements. The new Business Accounting Standards which conditionally introduced transaction values - Fair Value Measurements, was promulgated in 2006. The Accounting Standards regulate that, in some cases, it is necessary to use Fair Value Measurements in Non-monetary transactions, most of which don't have fair value to consult in nowadays. Thereby, in "profit-oriented" operation mode, enterprises are possibly to "abuse" fair value to pursue profits. Therefore, this study pays attention to practical significance in Non-monetary transactions while there is no consultable market value. On the other hand, although Fair Value Measurement is an innovation in accounting theory, the development of our Country's market is not yet ripe, which leads to the practice of Fair Value Measurements lagging far behind the developed countries. So this study has the importance of theoretical significance as well.The study is going to find and locate the issues and flaws lying in the measurement for Non-monetary transactions of China, to point out the imitation of measurement standards and the measurement methods should be development, through comparing the measurement for Non-monetary transaction between China and other countries. The basic idea is to begin with the scientific explanation of assets in economics, the essence lies in the assets can be brought to its owners some future income. Then try to amend the traditional Present Value model. The purpose is to put forward corresponding improvement suggestion for Accounting Practice and Business Accounting Standards for Non-monetary Transaction. Specifically, including:(1) Promote the standardization and internationalization of our country's Accounting Standards for Non-monetary transactions;(2) Improve the quality of accounting information;(3) Promote the application of fair value to accounting measurements in our country;Some scientific methods are used in this standard research, such as comparison analyses, induction, and hypothesis and so on. The possible innovation is classified as the following three points:(1) Analyze the essential of fair value, considering fair value is an uncertain price and it should be one point in some range; (2) Establish the amendatory present value model to estimate fair value.