国际公允价值（International Fair Value）.doc

国际公允价值（International Fair Value） International accounting standards are widely used in fair value areas, the most commonly used areas are investment real estate, asset impairment and financial instruments. At the same time, the application of fair value in mergers and acquisitions is becoming more and more common. The fair value of property, plant, equipment and intangible assets is also widely used. The relationship between international accounting standards and fair value is very close. The Ministry of Finance issued a new accounting standards on February 2006, one of the biggest bright spot is the introduction of fair value measurement in real estate investment and debt restructuring projects, the domestic enterprises have more opportunities to choose the fair value model, the accounting application of fair value will be more useful, more broad prospects. But how to use fair value, there is no specific operational standards in china. In the following, the author will make some suggestions on how to apply fair value in accounting practice in our country, such as studying the international accounting standards and the application of fair value abroad. First, the definition and application of fair value (1) the definition of fair value by international accounting standards and Chinese accounting standards For the definition of fair value, the definition of the fair value of the international financial reporting standards refers to both parties voluntarily in the traded assets related to have reasonable understanding of the circumstances of the transaction amount and even bargain. The fair value measurement standard (still in the final process of soliciting opinions) is defined as market participants in the relevant market in the current transaction to transfer the amount of liabilities or payment obtained by the amount of the sale of assets. The emphasis here is on marketplace participants, the definition of market participants. Market participants refers to the non