Research On The Investment Valuation Of Fund's Accounting

As the development of investment fund , open-fund has become the main force of the international investment fund .under this situation , open fund was established formally in China's mainland .We can say , the open fund of our country has its deep social background and specific history to require . The establishment of open fund's will help and advance the strategeical readjustments of state-owned economy , and realize the rational function of the security market , and advance the adjustment of the property right of state-owned enterprise ,and so on . Because its characteristics, such as special trade way ,etc , open fund need more strict information to publish, which Make the open fund accounting's task more arduous . In the accounting of fund , investment valuation is a focal point and great difficult point , and investor's interests are also closely bound up with it , So this question should be deep discussed.There are two problems mainly demanding prompt solution in the investment valuation at present , On one hand is how to make scientific and effective principle or method of investment valuation , on the other hand is how to deal with them in accounting . In order to solve these new problems , the author apply methods of assets assessment to the research of investment valuation , which is the places of innovation s of this thesis.This thesis consists of four parts as follows , Including foreword and four parts.The part of the foreword has introduced the swift and violent growth momentum of the open fund at present, Therefore submit to people to pay attention to the disclosure of open fund information. Part one is entitled "the meaning of research of investment evaluation". This chapter introduces the importance of net value in the information disclosure and trade of open fund ,then points out that the investment evaluation is the key factor in calculation the of net value . It emphasize the importance of investment evaluation in the disclosure of open fund , and research meaning of investment evaluation.Part two is entitled "the method and accounting procedure of investmentevaluation and the defect " . firstly , the author recommends method of valuation and accounting procedure of fund's assets at present , then analyses the place not perfect among them , Especially points out that current valuation methods are not suitable for the special valuation of special securities.Part three is entitled " the study on problem of investment valuation ", since the subject matter existing in the valuation of investment is valuation problems of the special security, this chapter especially discusses the valuation method of the special security . at first, author defines the so-called special securities , mainly includes Park security, flow insufficient securities, suspend trade security and retreat city security for ups and downs. secondly, combining the analysis of the theory and real data , author separately use the method of book-value , cash flow discount and comparative method to discuss the dependability, dependence and suitability of valuation ways.Part four is entitled "influence after improving the valuation method and accounting procedure". This part proceeds from the accounting confirmation and accounting measurement, discusses relevant problem of the investment valuation to fund assets( especially the special security), puts foreword the improved suggestion on improving the valuation method and accounting procedure. Author also looks forward to possible influence after improving the valuation method and accounting procedure, And discusses how to reduce the adverse effect.