| Fair value is an important gauging property in accounting in China.Chinese treasury department has published《Accounting Standards for Business Enterprises──Basic Standard》on 15th February 2006,The definition of Fair value is:Under the fair value measurement,familiar with the case of transactions are voluntary on both sides to exchange assets or the amount of debt outstanding measures.Over the last decade, the fair value of the international accounting profession has been a hot issue.FASB and IASB, and other agencies have had a positive fair value of exploration and study.In china, fair value has been first introduced as one of the measurement attribute, however, due to various reasons,The implementation of the related standards has not reached satisfactory results.February 2006 China promulgated the new accounting standards ,that again fair value as the gauging property in accounting,The fair value of related issues once again become the focus of attention.New Accounting Standards Widely used in the fair value measurement attribute, it stands for a convergence of the International Accounting Standard, and a milestone on our accounting system reform. In this paper, based on theoretical research combined with evidence-based research, The paper discusses the tacties of use thefair value in our china,makes empirical research on listed company 2006 and 2007 annual report dates,brings out the difficulty and reasons of use of fair value. Know that the fair value measurement of China's listed companies in the use of the status, which new Accounting Standards for the implementation of the first year. To discover problems, sum up experience. And further analysis of the fair value impact on the listed companies in China, including the financial situation and operating results under the new accounting standards implementation process. At last,we put forward some tacics according wo new standards from macrosopic and then form microscopic view to pave the way to carry out fair value. |
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