Study On The Construction Of The Income And Loss Separation Model Of Fair Value Measurement

"Enterprise Accounting Standards No. thirty-ninth, the fair value measurement standard" was issued on the January 26, 2014.It becomed a milepost that Chinese financial reporting standards are on the road to international financial reporting standards. With the extensive use of fair value model,It changes the basis of traditional financial accounting measurement in a certain extent,it is the market price which reflects dynamicly the future value of the assets or liabilities. And then determines the number and amount of the financial report and determine theallocation method, defines the amount and direction of financial allocation. China’s traditional performance evaluation model produced in the background of the historical cost measurement model. the traditional performance evaluation mode showed great advantages on the historical cost as the main stage. In the new era of coexistence of fair value measurement model and measurement model in thehistory, the traditional performance evaluation model is "insufficient". This makes some companies take advantage of loopholes, the fair value measurement as a powerful tool for earnings management. Therefore, to explore the construction of the evaluation of the performance of the fair value measurement has certain practical significance.This paper on the domestic and foreign literatures at home and abroad, the research on fair value and more concentrated in the study of the definition, confirmation, measurement and the relationship between it and earnings management, and they seldom study the evaluation model of fair value and performance. Fair value measurement presents a challenge to our traditional performance evaluation model construction is imperative. This paper constructs the fair value and losses separation mode,which has many advantagescompared to the old model, but has some limitations in the promotion.Performance evaluation of China’s traditional mode shows greatadaptability, To construct a new performance evaluation model increases the decision usefulness of accounting information, and effectively guide the correct use of fair value,which promotes the conduct of fair value. The research on the performance evaluation under the fair value model of domestic and foreign scholars have not yet involved, This paper defines the relevant concepts.It is based on the principal-agent theory, goal oriented theory, decision usefulness theory concept and the concept of comprehensive income.It Introduced the fair value changes and put forward a challenge to the traditional model. The use of "dichotomy on the basis of the analysis" separated between the fair value and the business. The paper built a new performance evaluation model- "fair value loss separation model",and combined with the group of empirical comparative analysis In order to prove the new model of rationality and operability and draw the advantages and limitations of the use of fair value loss separation mode.Finally,the paper put forward relevant suggestions to promote the new model in the environment at present.