The research on the problem and countermeasure of the application of Fair Value in China
Abstract:
The fair value has been spread used for three years in China. It has positive functions in many fields, but the disadvantages of the fair value still can't ignore. At the present stage, our circumstance does harm to the factors of it's application,which has more negatives influence on economic development, financial affairs of enterprise, the development of enterprise itself, and etc.
This text is based on searching deeply the background information and the relational theory of the fair value, which, on one hand, analyses the unsure reliability in the application brought by the inner factors from the characteristics of the fair value itself, on the other hand deeply analyses the problems existed in the application relating to the practical situation of china in present stage.Finally, we should put forward the corresponding countermeasure pointing at the problems.
Key words: Fair Value; Information disclosure; Financial instrument