A Study On The Theory And Methods Of Fair Value Accounting

Measurement is one of the core parts of accounting. Traditional accounting model is based on historical cost measurement. But since 1970's especially 1990's great changes have taken place in accounting environment. So people require to modify it, and even to innovate it. In order to adapt these changes, some standard--setting bodies such as FASB have put forward a new concept, fair value ,and applied it to new issued accounting standards step by step.Based on the present situation concerning the research on fair value home and abroad, firstly, the thesis demonstrates the background and its theoretical basis, puts emphasis on several difficult questions in application fields, and presents its development tendency. Secondly, with an inducement method, the thesis puts forward some relevant concepts and theories after the study of related research results and some academic resources in this field. Thirdly, the thesis intends to solve the difficult questions raised in the application of fair value. Meanwhile, considering the application situation in China, it analyzes the gap between home and abroad and points out its tendency. Fourthly, applying counterevidence, the paper shows that accounting information with fair value is not only highly relevant but also credible in order to overcome the obstacle. And generally, the original viewpoint is that accounting information with fair value is not only highly relevant but also credible fair value measurement, and while profit operation is not necessarily relatedAuthor hopes to direct the theory and practice in somewhat and offer academic preparation for fair value in our accounting practice.