Research On The Application Of Fair Value In China

In this paper, relying on a large number of studies that are carried out by foreign accounting theoretical and practical field for the fair value, referring foreign experience and adapting to international trends, the author research on the application of fair value in our country. Through the questionnaire, we find out that the application field of fair value in our enterprise is very small. On this basis, this article establishes the index system. By the use of the BP network, the author evaluated the usefulness of the fair value. The accountant thinks that fair value has lower usefulness. Through horizontal comparative analysis of index, we know that the accountant widely object the reliability of fair value. On the other hand, the author analyzes economic situation and disadvantages of the historical cost in our country. We believe that there is rationality of leading position for fair value. At last, it gives some advises about the application of fair value for our country. So the fair value can be widely applied in our country.