On Fair Value Accounting Risk

The fair value accounting risk is a king of probability that fair value accounting information cannot reflect its proper qualitative characteristics in the process of fair value recognition,measurement and reporting,thereby these accounting information users cannot make right decisions,including the external environment risk and the internal risk. The internal risk divides into the inherent risk in accounting theory and institution and the behavior risk of accountants. The control objective on fair value accounting risk is to lighten these disadvantageous influences to improve the control capability and results on fair value accounting risk. Based on comprehensive accounting perspective,the fair value accounting risk may further expand to the fair value audit risk and fair value financial analysis risk.