Topics and Trends of Studies on Fair Value of Financial Instruments:Based on the Preliminary Evidence of Domestic Mainstream Journals from 2008 to 2013

Fair value is the most relevant measurement attribute of financial instruments,and the only measurement attribute of financial derivatives as well. Fair value reasonably ensure that financial instrument accounting information quality. It finds that topics about reclassification of financial instruments,fair value hierarchy,fair value option,the dual measurement models,the value relevance of fair value,and the audit of fair value are all the research focuses on fair value of financial instruments after classifying and analyzing research publications about fair value of financial instruments in national major accounting journals. Along with the implementation of CAS 39,researches on fair value measurement of financial instruments in China will be one of the major focuses of further researches about fair value.