| In the traditional opinion accountability stresses reliability and chooses historical costs, and decision-making availability focuses on correlation and chooses the fair value, chosen reasonable benchmarking is the environment in reality . Since 1980s, along with the production of large numbers of derivative financial instruments and with the improvement of the accounting information demanders for accounting information quality requirement , more uncertainty and virtual sex in economic environment get the result of fair value boarding the stage of history, and fair value may be financial products only as measurement attributes. However, the application research on fair value accounting spirals, because of its and environmental uncertainty risk, fair value is always hot as well as the difficulty. To be true, the risk is not necessarily coupling fair value, but fair value should link risk. The crisis of 2008 financing and after the age of the crisis, all power boundary into the fair value, the noisy of "modify theory" and "limit theory" on fair value can be heard everywhere. But in the point of my view, the financial crisis is just one of the episode on the research of fair value application and though the possibility in the application of earnings management or pro-cyclicality can happen, the flaw can not cover the jade, the relevance of this single gold produced by time and tide always have flash. Dialectical to fair value status: neither optimistic blindly to idealized fair value, also needless polar besmirches fair value.Compared with the United States and other developed countries, the time of fair value on the research and application in our country show less, even so, also experienced the complicated process with"start with abandon, abandon and again"The present stage of fair value, what we did and do more is introduced to digest, we stick to absorb the spirit of foreign research on fair value but copycat. Facing all kinds of the variety of confusion in financial crisis and after, it is completely necessary for us to reshape the fair value image, still insist on "fair value" and "how to use more reasonably use", what is real cognizant of fair value is the directional problems of"why use"and"how to use". This paper is divided into five chapters to illustrate: first, to domestic and foreign fair-value accounting relevant documents are reviewed, this paper expounds fair value accounting connotation among the IASB, FASB and our country and comparing each other; According to the existing literature to summary fair-value accounting nature and from attributes, levels and methods of three aspects analyze deeply the core of fair value- measurement, mainly to solve the question "what it is"; Secondly, the innovation is classified as inner and outer two theoretical basis according to the literature now and expatiates the fair value accounting, which can solve the problem of "why";Finally, by comparison, analysis and induction and charts method to expatiate on fair value application in our country's accounting standards and the risk of earrings management and pro-cyclicality to be faced in practical application,mainly to solve the problem of "how to use". |
