| As is well known, China is a developing country which is still on the initial stage of socialism. China's strengthening economic substance, comprehensive national power and people's living standards have been enhanced with the economic development these years. The develop of the economic has met serious problems which against its original intention, for example, disorder in the development of a market economy, the overheated economy, the single economy development, pure export subsidy, and the housing high price. The number of CPI in China is more than that of any other countries, but less than the quality to them. The proportion of advanced technology of west countries is high of ours. While producing policy and improvements, the market has to tackle the challenge and the influence in different areas. Following the variation of economic environment the constant search for the producing policy is necessary to perfect our market system.The Ministry of Finance promulgated the new accounting principles system in 2006. In comparison to the old system, the fair value model which has become a major attraction at the accounting measurement, which brings the influence exactly. Financial instrument which is a high proportion of commercial bank is an important feature of fair value model. As the research of fair value model choosing the commercial bank is representative. How could the commercial bank bring the influence to the financial report with the fair value model? What are the limitations of the fair value? How to go beyond the fair value model in our far from perfect market? With these questions have the research in the following passage.Before the research, a lot of literature about the fair value in home and abroad has been read and summarized the background, concepts and the stage of the develop of fair value. Make a compare of the model of the commercial bank home and abroad. Especially to the using of fair value during the commercial bank have making a high of research of western literature. Western experience has parallel to the research of this passage. In the light of the actual situation of our commercial bank, as the digital of the financial reports of listed bank for sample, have a analyze of the fair value model at the listed commercial bank.China has 14 listed commercial banks presently, the financial reports of listed banks the relevant data in 2008 and 2009, have a study of the percentage of the assets and the liabilities of the fair value model, the influences of the net income of the fair value changes and the different impacts among the banks. Here are some conclusions: First, the application and popularization of the fair value model is promoting. The fair value model is taking place of the historical cost measure model. Second, on the financial reports the proportion of using fair value model in our banks is low, especially in the financial liabilities. Thus, the impact of the fair value to the balance sheet of our commercial banks is not high. Third, the proportion of fair value changes on net income is low, but the individual differences of commercial banks with fair value model during the changes on net income are high. Forth, with the asymmetry the mixed model of fair value on and development of fair value, the revenue and capital of commercial bank may have an artificial fluctuation. Fifth, our country which using the fair value model is lack of a perfect economic environment.With the conclusion, this essay made several prospects on the commercial banks of future fair value:First, focus on the fluctuations of individual banks, assess the effects of the fair value variable on the stability of our financial environment. Second, keep the direction of fair value reform, enlarge the applications of fair value model. Third, we should get accustomed to the reform of accounting measure quickly, establish and improve the control and management of our banks. Forth, establish and perfect the valuation technology of fair value. |
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