Research on the Applicability of the Fair Value Measurement Models to the Degree of Development of Market Economic Systems
Different market economic systems, or one market economic system in its different stages may have different levels of market development, and the different levels of market development may have different effects on the application of the fair value measurement model. Fair value measurement model has three levels and three measurement methods. This paper aims to discuss the applicability of the three levels and the three measurement methods of the fair value measurement model in various market economic systems (the government-led and planned economic system, the imperfect market economic system, system with no monopoly and completely free competition, system with monopoly and completely free competition, as well as government and market double-led market system), different items in the same economic system, and puts forward some proposals for the correct application of the fair value measurement model in a variety of situations, which can improve the usefulness of accounting information accordingly.
fair value accounting measurement model market economic system different level of market development applicability
Guofu Wang
Accounting Department of School of Economics & Management, Zhengzhou University of Light Industry Zhengzhou city, Henan province, China
国际会议
成都
英文
1-5
2010-07-09（万方平台首次上网日期，不代表论文的发表时间）