Research On Financial Accounting Theories And Methods Based On Fair Value Idea Perspective

In the knowledge economy, the economic environment fluctuates violently. The book value of accounting entity's economic resource based on the historical cost can't reflect its market value, which misleads the decision of investors. A kind of economic value that can reflect real condition of enterprise resource and abandon the historical cost comes to birth. That is fair value.Fair value is the recent focus in international accounting field. However, present researches mainly concentrate on the theories and methods of fair value. The summarization and further research on financial accounting theories and methods are seldom from the perspective of fair value. But the research is enlightening. Based on this idea, this thesis hopes to enrich the theories of fair value.The discussion on the research and use of fair value accounting is hot topic now, but the application of fair value in our country encounters many difficulties. The contradiction in accounting standards led by this is becoming the barrier of internationalization of accounting in our country and the implementation of WTO rules and related contracts. The thesis's purposes are to eliminate the obstacle theoretically and pave the way of the application of fair value. Thus it has important realistic significance.This thesis is divided into four chapters. The first chapter introduces the research background, meaning, method, and structure of research and makes a review of research and application domestically and internationally. The second chapter introduces the concept, idea and theoretical origin of fair value, and analyzes the necessity, applicability and pressure of the fair value's use. The third and fourth chapters analyze the present basic theories and main methods from the perspective of fair value idea so as to prove fair value has already been using in a lot of theories and methods and the application of fair value has bright future in our country. This thesis will offer theoretical foundation and advice for policy.The main innovations of this thesis are: (1) To propose the fair value idea, which refers that accounting information should reflect value of accounting entity's resource basically and truly; (2) To analyze the theories of the financial accounting in terms of fair value idea; (3) To analyze the methods of the financial accounting in terms of fair value idea.