A Study On The Relative Issues Of Accounting Measurement Based-on Fair Value In Commercial Banks

Since 1970's especially 1990's, great changes have taken place in accounting environment, the traditional accounting model which is based on historical cost measurement is becoming more and more difficult to accommodate with the requirement of economy's development. So some standard-setting bodies such as IASC and FASB have put forward a new concept that is called"fair value"and applied it to the new issued accounting standards step by step. In February, 2006, the New Accounting Principle was issued in China makes fair value accounting highlighted.Taking the commercial bank which is affected by fair value accounting most as the research object, and combining the present situation concerning the research on fair value home and abroad, the paper demonstrates its necessity and feasibility as well as its theoretical basis, puts emphasis on the difficult questions in application fields such as measurement method and the coordination with regulatory capital requirement, and at last presents the countermeasures for the commercial banks of China for use of the fair value accounting.By use of inducement method, the paper provides its relevant concepts and theories after seeking lots of resources in and out of China and introducing the research results. And by use of analysis method, the paper points out that the historical cost accounting is deficient and the accounting measurement based-on fair value is the best model for commercial banks. In order to solve the hard questions aroused in the application of fair value, the paper resorts to the comparative analysis method. Meanwhile, the paper also discovers the gap between home and abroad and points out the tendency after considering the application situation in China by contrast.Through research on the paper, author hope to direct the theory and practice in somewhat and offer academic preparation for the application of New Accounting Principle-fair value accounting in China.