The Research On The Model Of Accounting Measurement In Post-crisis Era

Accounting measurement is an important part of the Financial Accounting, as the development of economic integration, improvement of information technology, the introduction of innovative business, financial accounting are playing more and more important role in the global economy, and the model of accounting measurement is adjusting itself to meet the change of financial accounting. Initially, the model of accounting measurement is history cost measurement, and now it includes:historical cost measurement, replacement cost measurement, net realizable value measurement, present value measurement, fair value measurement, and during the development of accounting measurement model, American contributes most with its outstanding research. Statement of Financial Accounting Standards issued by FASB has been widely adopted by many countries which include China. But the break out of2008United State financial crisis lead to doubt on fair value measurement in SFAS No.157.Since then, the evolution of accounting measurement in post-crisis ear has been intense discussed in theoretical and practical circles. And the topics focus on two aspects:on the one hand, whether to continue to adopt fair value measurement; on the other hand, which accounting measurement can effectively avoid the outbreak of the crisis.The writer analysis the relationship between the fair value measurement and the financial crisis by basing on the exiting research achievement of model of accounting measurement and the issued accounting standard,. In the conclusion, the writer will provide proposal on the evolution scheme of model of accounting measurement in post-crisis ear by combining with the situation which China faces.In view of it, the writer start the paper as follows:Chapter2.descripe the accounting measurement mode profile, the writer mainly introduce the meaning of the five measurement method and analysis their characteristics, and then compare their application with each other. Chapter3.introduce the development of accounting measurement mode in China and the USA before the financial crisis broke out. The write mainly analysis the limitation of history cost measurement and fair value measurement and in the meantime the learning and creation of accounting measurement in China.Chapter4.descripe the difficulties the revolution of accounting measurement meet in post-crisis era. The writer mainly explains the relationship between fair value measurement and financial crisis, and the conclusion is the causer of the crisis but the pusher. Besides, the write analysis the application limitation of fair value by combining with the deputes on fair value.Chapter5. Find out the prospects for the development of accounting measurement mode in post-crisis era. The writer tries to provide the new accounting measurement mode-the double measurement mode by learning the research achievement of FASB and IASB. And introduce the details of the double measurement mode includes its background、content and superiority to meet the need of two accounting targets.Chapter6. Provide proposal on the building of new accounting measurement mode. It includes two methods:on one hand, how to perfect the double measurement mode, on the other hand,how to perfect the fair value valuation techniques.