Applide Analysis Of Fair Value In The New Accounting Standards

With the development of the economic,there are more and more financial instruments.It is a challenge for original cost which can't match the accounting report users'requirement.In the new accounting standard which issued in 2006,fair value measurement has been used in the accounting calculation.It is not only according with the mainstream of the International accounting development,but also fit to the economics. In the new accounting criterion system which our country issues in 2006, have introduced just and sound value to measure again, the ones that become new criterion are the a bit one of more most light, this accords with development trend that the international accountant measures, have met the objective requirement for economic development of our country too, but have a lot of problems needing badly being probed into at the same time. For example, how is the application in concrete criterion after just and sound value is introduced? What kind of influence is produced to listed company? Quote the value relevance that just and sound value will measure and improve accounting information? Therefore, studying them has very important realistic meaning and long-term meaning.Carry on research and discussion and involve the problem of a great deal of respects to the relevant problems of just and sound value, because this text because time and ability level are limited, some problems employed in the new criterion only to just and sound value carried on research. Have explained the research background of this text and research meaning at first, and then review and summarize the research of domestic and international relevant just and sound value briefly in thesis. Then, proceed with concept of just and sound value, basic theories of probing into this text and studying the basis. Have thereafter made the summary to the application situation of domestic and international just and sound value. Finally, I made quantitative analysis to the operating position of just and sound value according to the annual report data in 2007 of listed company. And therefore has proposed the author's suggestion on the application of just and sound value in our country.Through studying, this text is enlightened with the conclusion as follows:1. It is to adopt the important theoretical foundation that just and sound value is measured to measure the view. It is useful to measure the use of the view and do benefit to improving the decision of accounting information.2. The relevance of just and sound value is indubitable, and it does not lack dependability either, it was the technological aspect (current value that lacked and employed) Generous input to have and improving the information announcing mechanism of just and sound value.3. The application of just and sound value of the new criterion is still relatively prudent, there are more limitations. To can see, increase and decrease subject of just and sound value influences smaller too to the profit of current period of listed company from the result of quantitative analysising, issue as standards initial people expect then loud. The debt restructuring of listed companies in particular, * ST, ST category of listed companies in the current period compared with a profit impact, the use of guidelines for profit manipulation more likely.4. From finding to the return test result of adjusting volume of the financial assets, it lacks the explanation ability of increment to stock price.Finally, the author of this article for the application of fair value of the quantitative analysis of the results, given the following recommendations: (1) Improve the fair value gains and losses related to the classification; (2) Establish fair value measurement standards; (3) Bring in the concept of entire profits; (4) To strengthen the fair value audit system...