The Problems And Solutions Of The Fair Value Measurment Over Derivative

In recent years, the process of economic globalization as a great impetus promotes a rapid development of the international financial markets, and financial innovation has now become main driving forces in the international financial markets, especially the emergence of derivatives financial instruments make the current financial Market unprecedented prosperity. On the one hand, the application of derivative financial instruments among the countries accelerated the economic and financial trade; on the other hand, it has brought new financial risks. Although the emergence of derivative financial instruments is based on the purpose of avoiding risk, but with its wide range of applications, as well as its own high-risk high-yield characteristics, resulting in a great deal of speculation in the emergence of the market and even society for a very a large potential risks. how to effectively deal with these risk result from financial instruments has now become the focus of widespread concern.To resolve this series of problems, first of all rely the improvement and development of the financial markets is the first task, but also the role of the accounting function can not be ignored. Taking a panoramic view of the financial accounting, the current development process also appears to be far behind the beat as opposed to the speed of innovation in derivatives. This is not just reflected in the slowly developed in the new financial instruments account practice, but also financial instruments accounting theory need a breakthrough innovation. At present, the effective measures of financial instruments is the first breakthrough problem in order to regulate potential risks of the derivatives and to help businesses hedge risks of derivatives.Therefore, this thesis take accounting modeling of derivatives to study, based on the concept of derivatives, the author briefly analysis characteristics of derivative financial instruments and variety of accounting measures in conjunction with the general theoretical and practical terms. First of all, the thesis start an in-depth discussion and analysis focus on selection on measuring properties of derivatives accounting tool, on the basis of which, a conclusion was reached the derivatives accounting measures should choose fair value measurement attribute, Then the article focus on analyze the valuation methods and valuation techniques of derivatives fair value. For our current market conditions, the existed actively market for derivatives should select market value method as fair value; Then, In the core part of the thesis, the author discussed and analyzed the derivative financial instruments accounting characteristics in the recognition, measurement and disclosure, status and current problems; and then This article researched IAS, EAS and CAS relate to derivative financial instruments, including derivative financial instruments accounting in IAS, FAS and CAS and the comparative analysis of the characteristics of derivative financial instruments, the specialty of derivative financial instruments. At last, the author made further improvement to promote our derivative financial instruments accounting development proposals, including the further improvement of accounting standards, internal controls and internal audit and warning mechanism and accounting personnel' profession ethics education.