The Research Of Application In Measurement Model Of Fair Value

Nowadays, global economic integration affects local market stronger and stronger. Local enterprises have felt the affection of the fast change in international market environment. How to contain its capacity of competition is the most important problem to every enterprise which wants to participate in international competence. The economic environments of enterprises need to be reflected by financial management work, and financial accounting theory must have some changes to adapt the development of economic environment. Fair value as the need of future economic environment has been the focal point of accounting field. More and more remarkable results in fair value have been achieved since new accounting standard had been announced in China. With developments of global economic integration and international coordination of accounting, the extensive use of fair value in China will be unavoidable. How to use fair value to fully reflect the economical condition of enterprises is the most important point in my issue.The main contributions of this dissertation are:Firstly, testify that fair value is adaptive to circumstance of developing economy in nowadays'society. Secondly, the dissertation sums up the current scattered research results, which may contribute to the further study of fair value, and table a proposal how to use fair value better.