Application Status Of Listed Companies Measured At Fair Value

February 15,2006 the Ministry of Finance issued new accounting standards (including a basic criteria and 38 specific standards), with effect from January 1,2007 at listed companies, and encourages implementation of other enterprises. In the new system of corporate accounting standards, fair value has been applied in a large range, which is China's accounting system and international accounting standards "substantial convergence" of the main signs. Current real estate capital market has become one of the main investment vehicle, a large part of the listed companies have a lot of investment real estate. In the new accounting standards, the "Accounting Standards for Enterprises No.3-Investment Real Estate" on initial recognition investment property, disposal of follow-up measurement and conversion has also standardized on the investment real estate has been further confirmed by the division of In the follow-up measurement, the measurement of the actual cost of retaining the existing property and also introduced a fair value measurement attribute.Rehabilitation since the promulgation of accounting standards, including on real estate investment policy changes, has been listed on the market that the company will, in particular, have more plans for the sale or rental of real estate companies have a greater impact. However, many companies did not, as investors expected to take as an investment property at fair value model, fair value of investment real estate by the cold. This paper focuses on the issues discussed on the definition of fair value, the application development process and the situation at home and abroad were reviewed and summarized, with emphasis on accounting standards of China real estate investment on the fair value measurement attribute to explore more of our Investment Property Fair Value Model and the International Accounting Standards on the similarities and differences. And measured at fair value through the selection model of real estate investment companies measure,2007,2008 according to its annual report data, fair value measurement attribute to the impact of business activities carried out case studies.Although the vast majority of investment real estate business using the cost model for subsequent measurement, but this article by using the fair value measurement model of investment real estate companies measured case studies that applied the fair value of the investment property follow-up measurement, the initial impact on the rights of shareholders when converting large, although the changes in fair values will cause current fluctuations in profits, on the whole no significant effect on profits.Recognized at fair value for the current method are not standardized, not comprehensive and standardized information disclosure issues, the paper proposed a separate and more detailed guidelines for the fair value of the information disclosure system, strengthen the management and the CPA recognized the fair value measurement and disclosure responsibilities, strengthen the relevant regulation, improve management performance assessment indicators and methods, enhance the application of fair value model on the market environment on the subject.