Research on Problems in Fair Value Application and Corresponding Solutions
ABSTRACT
2006 February 25th, national Treasury Department has issued a new enterprise accounting standard,in January 1, 2007 in listed company executive, January 1, 2008 in central enterprise implementation. In specific standards, the nation's first explicitly proposes fair value in the fair value measurement, in many accounting treatment are adopted in the fair and equitable value measurement model, the fair value of the widespread application, marks the fair value of the research and application in our country entered a brand-new period. Introducing the fair value measurement is objective social development needs, however, due to the fair value measurement of the complexity, itself imperfect markets and accounting circles on the fair value of the theoretical study of less in-depth cause fair value in application in appeared many issues, this paper fair value theory knowledge is discussed, the fair value of application status mainly introduced in debt restructuring, the fair value of non-monetary assets, investment real estate, financial assets, merger of enterprises and leasing and application of fair value .Fair value in the application process problems: fair value of existence and the difficulty obtaining and using information quality of reliability and operability hard to judge, market conditions are not mature enough and fair value measurement that corporate profits fluctuates greatly to these questions, the paper also analyzed, and puts forward the corresponding solutions.
