The Discussion Of The Two-dimensional Accounting Measurement Mode

As a part of the accounting mode, accounting measurement model plays a fundamental and important role in the accounting report theoretical system. The quality of information and effectiveness of disclosure of the accounting report are directly determined by the measurement attributions, methods and procedures adopted, as well as weather they are combined scientifically and organically. As a result, the academia has been keeping a high fever at the discussion and research of accounting measurement model in recent years.According to the current international accounting standards and the related literature research, there are three accounting report and measurement patterns: historical cost measurement model, fair value measurement model and mixed (double) measurement model. Among them, the two schools of thought of academia:"fiduciary duty" and "decision usefulness view", have shown completely different tendencies for the use of measurement attribution of the accounting report, historical cost measurement and fair value measurement respectively. In practice, for the sake of technical conditions, the designers of the accounting report regulatory represented by the IASB, FASB and CASC have adopted the kind of information disclosure method which uses fair value to measure part of items (mainly for financial assets) and uses historical cost to measure the rest, forming the current so-called mixed accounting measurement modelIn fact, both of the single measurement model and mixed measurement model have their inherent and irretrievable theory deficiencies, so the current measurement models cannot meet the requirements of the information users. The author in this paper concretely analyses the principle, history and problems of the current measurement models, researches the basic accounting theory and puts forward the new system of accounting measurement theory, the two-dimensional measurement system, based on the existing research results.The new measurement system requires the accounting entity a synchronous measurement using history cost and fair value, an independent valuation, a parallel calculation and a respective reporting. The establishment of this measurement model will make a critical improvement to the current accounting report system on the respect of the simplification, comprehension and accuracy. Meanwhile, the two-dimensional measurement system provide a new financial analysis element and methods, and also offer a multi-level, multi-angle, multi-content information resources to the further valuation assessment and risk management of an enterprise. Furthermore, it also gives a specific method to optimize the econometric model related, aiming to overcome the dilemma of fair value using in the current environment, it is of a great significant.There is a long way to go to improve and develop the accounting patterns. The putting forward of the two-dimensional measurement model provides a new research direction of the accounting report and measurement theory. It may guide the related researchers to step out of the long, meaningless controversy of measurement attribution theory and to shift their studies to focus on how to establish an advanced and practical accounting measurement model and to provide solid, real and valuable accounting information to information users.