Applied Research On Fair Value Measure-Ment Of Investment Real Estate

Using fair value measurement model is the inevitable outcome of the social and economic development to a certain stage,in 2006 China's ministry of finance issued"accounting standard for business enterprises" has been introduced the concept of fair value,the restriction of the objective economic conditions and the fair value of the conditions are harsh,the influence of such factors as the vast majority of enterprises are still using the cost measurement model.In order to make the role of the fair value measurement model deserves to play,to guide enterprise applications,the ministry of finance in 2014 and specializes in the fair value on the enterprise accounting application issued"accounting standards for enterprises no.39-fair value measurement of the fair value measurement and disclosure,it standardizes the enterprise adopt fair value for the enterprise provides the possibility of more.At present,the use of fair value measurement of financial assets has been widely used.In the choice of measurement mode of non-financial assets,such as investment real estate,most enterprises are still cautious,but some enterprises choose fair value measurement due to various factors.This paper takes red star macalline group,which has the highest amount of investment real estate in the 2017 annual report of the company,as the case study object,and studies the application of fair value measurement of its investment real estate.First to our country new accounting standards promulgated in 2014,the listed company investment real estate fair value measurement application situation were overall analyzed and found that the size of the listed company the investment real estate in the constantly expanding,and at the same time choose fair value of an investment real estate company growth is slow.than always accounted for about 6%,it illustrates the application of fair value in the investment real estate there is trouble.In addition,the selection of fair value measurement in the application of investment real estate also exposed some problems:non-standard disclosure of fair value,the existence of earnings management behavior,measurement differences caused by the same industry listed companies financial data lack of direct comparability.Then for A + H shares of the red star us triumphant dragon group of the investment real estate fair value measurement application are studied:the characteristics of the investment real estate and the fair value measurement of financial analysis,mainly makes its assets increased dramatically,along with the increase of the profit related financial indicators asset-liability ratio decrease and increase of net profit margin,in particular,it shows that the choice of the investment real estate measurement model for its solvency and profitability caused great influence,thus to the choice of the fair value pattern motive are summarized.Finally,some Suggestions are put forward to improve the fair value measurement.First,increase the disclosure of investment real estate information and enhance the comparability of financial information among listed companies in the same industry.Second,the government sector to build real estate trading platform,reduce the cost of enterprises to obtain fair value;Third,relevant departments should strengthen supervision and solve some problems in the current fair value measurement.