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公允价值会计的使用已经存在了几十年，它产生的的作用主要是为金融资产。有许多问题涉及公允价值会计。一些人认为公允价值有利于投资者当他们试图评估风险和估值业务。如果一个公司的发展代表着市场,它不是应该给投资者更好的解释公司的当前值吗?有些人可能会说,这种方法可以帮助公司在经济困难时期和信用问题,而其他人认为它仅仅是一个创可贴需要缝合的伤口上。对某些人而言,这是一个问题解释财务报表，并且可以了解什么是列在列出公允价值和历史成本。切换到一个方法就意味着不会有更多实现这两种方法对不同的资产。这可以更真实地代表公司吗?这个估值系统会有利于银行借钱给这些公司?

历史成本原则遵循的会计质量可靠性以来，每个人都可以就一个资产的原始购买价格达成一致。然而,历史价格不一定是相关的信息。20年前购买的土地价值可能远远超过资产负债表所显示的信息。

The use of fair value Accounting has been around for decades primarily for financial assets. There are many issues involved with fair value accounting. Some argue that fair value is beneficial to investors when they are trying to evaluate risk, return and valuation of a business. If a company marks to market, does it not give an investor a better understanding of that company’s current value? Some may say that this method can help the company in times of economic trouble and credit problems, and others feel that it is merely a band-aid on a wound that needs stitches. To some people, it is a problem to have to interpret financial statements to understand what is listed at fair value and what is listed at historical cost. Switching to one method would mean that there would be no more implementing both methods for different assets. Would that more truthfully represent a company? Would this valuation system be beneficial to banks lending money to these companies?

The historical cost principle follows the accounting quality of reliability since everyone can agree on the original purchase price of an asset. However, the historical price is not necessarily relevant information. Land that was purchased 20 years ago could be worth much more than the balance sheet shows. Likewise a building purchased many years ago and recorded on the balance sheet at the original cost does not reflect the current market price.

For this reason, many accountants and users of financial statements argue that the market price or fair value should be used when reporting financial information. The fair value is more relevant, but is not necessarily reliable. Selling the same item at different auctions will lead to a wide range of winning bids for the same item, and even professional appraisers will value an asset at a range of prices instead of a set value.

Differences can involve the future use of the asset, assumptions about its useful life and output, and opinions and professional judgments that result in a range of values for an asset. Like other professions, professional appraisers balance opinions and judgments with verifiable data. So although the market price or fair value of an asset may be more relevant, it is less reliable.

According to GAAP, assets and liabilities have been recording through historical cost accounting: a system where assets and liabilities are recorded and presented at the monetary amount paid or the consideration given at the time of their acquisition. This is so conventional method that people are familiar working with it. But it possess some strong flaws in context of the contemporary business environment which have made accounting bodies, especially FASB & IASB, to search for a number of alternative accounting methods. One of these alternatives is market (fair) value accounting that has been thinking as the best alternative to the historical cost accounting. The market va本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。