A Research On The Measurement Of Assets

Asset measurement is one of the core issues of financial accounting, and it is also is one unsolved problems which argued more than hundred years. A history of the accounting developments , to some extent, is actually a history of assets measurement . The disputes of asset measurement in modern financial accounting are focused on the selection of the measurement attribution. Along with the economic environment change, under the knowledge economy the traditional historical cost assets measurement model has received a considerable challenge, more and more accounting standards have introduced fair value or other measurement attribution besides historical cost basis. It is the Tong-term trend to discard the traditional measurement model and seek for a scientific basis of asset measurement. Therefore, the paper explore the new accounting standards in our country for measurement attribution and elaborate that the traditional historical cost assets measurement model is not adaptable.The paper also explore the trend of application of fair value of assets measurement model in China ,and the measures should be taken to resolve these issues.