The Study On The Effect Of The Fair Value Model On The Financial Reports Of Chinese Commercial Banks

Due to financial industry,especially banking industry particularly,is the most extensively used area of fair value.Before the study of the problem,we did some researches on the background,concept,development stage of fair value measurement and comparison of Chinese and foreign commercial banks by studying related domestic and foreign financial literature.Based on that study,this paper fist analyzes the concept and theory of fair value,then taking Bank of Zhengzhou as an example to study the necessity of applying fair value in this bank and the application status in Bank of Zhengzhou in the year of 2014,2015,2016 respectively.In the end,Compared the data of Bank of Zhengzhou with that of six listed banks like Xingye Bank and Shanghai Pudong Development Bank,this paper analyzes what difficulties we are facing in applying fair value in China and how to overcome these difficulties.It comes to the conclusion that the application level of fair value in Bank of Zhengzhou is very low and there are problems that the reliability of the fair value information needs to be improved and the abnormality of the accounting statements footnote needs to be valued.Based on that,this article gives some suggestion on existing problems and hopes to provide actual value for Bank of Zhengzhou in adopting fair value in accounting calculation and exposure.