Title: On Fair Value Accounting and Its Application
Abstract: With the rapid development of global economic integration,traditional accounting calculating model in China cannot agree with the need of economic development.The enterprise accounting principles issued by Treasury in 2006 expand the range of fair value with Chinese characteristics and making an effort to catch up with international accounting principles.When applying fair value,we should consider the reliability of accounting information in accounting calculation and settle the relativity of accounting information.In practice,we should fully concern the matter related to fair value and its solutions,from which we can improve the standard of applying fair value accounting.
Publication Year: 2008
Publication Date: 2008-01-01
Language: en
Type: article
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