2011•Shanxi ArchitectureRequires access
On comparison between measurements of historical cost and fair value
Liu Jin-hu
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Abstract
Combining with the background that the application of the fair value is strengthened in the accouning standards in China, the papr explores the attribute of the calculation of the fair value, introduces the definition of the fair value, and illustrates the limitation of the measurement of the historical cost and the advantages of the measurement of the fair value, so as to enhance the popularization of the measurement of the fair value.