Research On The Value Relevance Of The Listed Company's Fair Value Layered Measurement

The question of whether the fair value can continue to be rampant has attracted international attention with the outbreak of the financial crisis in 2008.In 20 1 4,the Ministry of Finance of the People's Republic of China published the CAS39 document,not only responding to the international call,keeping up with the pace of economic development,and achieving The international convergence has taken another step and is also the most recent requirement for fair value measurement attributes in China.The document regulates the fair value and its measurement,defines the fair value measurement method,and makes a new interpretation of its definition.The most important of these is to enhance the reliability of financial accounting information and help users to make more effective Investment decisions have increased the theory of fair value hierarchy.The research results of domestic and foreign scholars on the application of fair value measurement are not yet uniform.Further research on the strength of the correlation between the three levels in the context of the Chinese market economy environment has a certain practical significance.At the same time,whether a good corporate governance mechanism can enhance the relevance of different levels of value should also be Step study.Exploring and clarifying related issues as soon as possible is of great significance in improving the quality of accounting information,protecting the interests of investors and the general public,and rationally allocating social resources.It can further improve the effect of fair value measurement in China,and it is even better.Serve China's current market economy.Based on the above background,after sorting out relevant literature on the value correlation of fair value stratification measurement by domestic and foreign scholars,after sorting out and collating these documents,starting from China' s economic reality,to the 3 years announced in 2014,the 2016 guidelines will be In terms of spanning,from 2014 to 2016,Shanghai and Shenzhen listed companies in the financial industry were used as research samples,and spps 22 software was used for descriptive statistical analysis and regression analysis.The result of the study is the value correlation of the fair value stratification measurement.The reliability of input value increases,and companies with better corporate governance mechanisms have higher reliability of accounting information,and the value of fair value measurement is more relevant.Based on the research results,the relevant policy recommendations for improving the company's comprehensive governance were proposed,and the standards were continuously revised and improved to improve the accounting personnel's professional quality and strengthen the corresponding supervision.