The Application And Research On The Fair Value Of New Interprise's Accounting Standards

February 15,2006, the history of accounting reform in China an epoch-making day. Officially promulgated by the Ministry of Finance a basic standard and 38 specific criteria consisting of the new accounting standards system, and announced in January 1,2007 in the context of full implementation of listed companies. Establishment of new accounting standards so that the quality of accounting information to be strengthened further to meet the investors, creditors, governments and enterprises to use the main body of the accounting information related to the accounting information quality. In the new system of accounting standards, the most striking is the focus of the fair value of the re widely used. The new guidelines system in the financial instruments, investment property, not a business combination under common control, debt restructuring, non-monetary transactions and the fair value are re-enabled, these standards require changes in the application of fair value of the international The trend has penetrated into our accounting standards, it also means that the fair value of the major problems facing our country should be through, "whether it should apply" Convert to "How should we apply" stage.The introduction of fair value accounting standards reform is the one bright spot. Fair value accounting information that has relevance is that people in favor of the fair value measured at historical cost to replace the main reason. This paper introduces the new fair value accounting standards hold a positive attitude, but inevitable, the fair value of the reliability, operability and manipulation of corporate profits is to be the fair value of the difficulties in the application, the new guidelines is whether fair value the key to successful implementation. In this paper, the reliability of fair value, operational difficulties and problems of corporate earnings manipulation to solve the purpose of the fair value of as much as possible the effective implementation of the new guidelines, more in line with Chinese characteristics, promote economic development in mind.Based on the research needs of research-based use of traditional norms, supported by empirical research in the comparison and conclusion, survey research methods, from the fair value of the theoretical issues, analyzes the meaning of fair value. By reviewing the current fair value of the theory of international research, the use of fair value of the Theory and Research, to explore the theoretical basis and the fair value of the feasibility of its practical application, combined with the application of fair value, newly enacted in 2006 corporate accounting standards in the use of fair value to assess the situation presented in the fair value of the implementation of the recommendations. First, the fair value measurement of the effective implementation of the need for a complete theoretical system for the fair value of support and specific guidelines on the application of fair value measurement should be exhaustively details the provisions and instructions; Second, we must improve the accounting system, strictly regulate the use of accounting measures defined behavior to manipulate profits, and develop severe penalties, clean up the accounting environment, and the need for listed companies, industry and related sectors CPA implementation is good, good supervision; At the same time, but also enhance the accuracy of fair value accounting staff professional ability to judge, while strengthening the accounting staff awareness of good professional ethics.In the research, this article makes the good progress, (1) quite comprehensive summarizes our country since "New Accounting standards" have promulgated, to be listed applies the sound value the present situation and the existence question, further applies for it provides the guidance opinion. (2) based on our country existing economic environment, the policy environment and the condition, the explanation sound value has the problem in our country application reason in every way, will provide for our country sound value accountant's future development uses for reference.