An Accounting Mismatch Of Financial Assets And Financial Liabilities With Research Questions

Today, the use of fair value becomes more widely prevalent and have a clear definition of fair value in our accounting standards. Not only in the use of financial assets to fair value in the financial liabilities also gradually began to use fair value. But the use of fair value in the financial liabilities to be significantly less than that used in the financial assets, used in the subsequent measurement of financial liabilities of more is at amortized cost, rather than fair value measurement, in practice, metering inconsistent attribute is bound to affect corporate financial statements, accounting information so that there is no match, the financial assets and liabilities the fair value of the imbalance in the application of accounting mismatches resulting in the generation of the company’s accounting mismatch so true value is obscured, distorted accounting information, not only will affect the company’s management, but will also affect the regulatory body for supervision and management of the company, it has a negative impact on the company, and thus an accounting mismatch problem is that research is necessary.In this paper, case analysis and document analysis focuses on accounting mismatch problem specifically in accounting practice, it causes through case studies to understand accounting mismatch, mismatch Solutions accounting and financial accounting error rationing enterprises adverse effects, and the latest research results from abroad combined with China’s actual situation proposed measures to mitigate accounting mismatches, including increased use of financial liabilities at fair value, using the fair value option, etc., and noted that only a comprehensive fair value use in order to completely eliminate an accounting mismatch.Due to the current accounting wrong with the research on the less, my limited knowledge, this article, there are some shortcomings, did not distinguish between good associated assets and liabilities, insurance companies split issue new insurance products are not described in detail. In short, the financial enterprise, if you want to increase the fair value of financial liabilities, it should be the fair value of financial liabilities for better assessment, may be due to the fair valuation of financial liabilities not so easy, especially for insurance companies the fair value of financial liabilities is estimated that the limited number of conditions, coupled with the high cost of the assessment, the final result may not be accurate and, the lack of comparability, which are hindering the fair value of financial liabilities for the use of, so said that the fair value of financial liabilities to assess whether there is a better way, it is worth in future research. When financial liabilities better use fair value, and with the social and economic progress in the use of the fair value of financial assets and financial liabilities will be balanced, comprehensive application of fair value will be the future trend.