Fair value of Chinas banking industry and Countermeasures.doc

Fair value of China’s banking industry and Countermeasures Abstract: In 2008, the U.S. subprime mortgage crisis triggered by the global financial crisis once again let the world’s attention focused on the financial industry, to explore the root causes of the financial crisis, in addition to the abuse of financial derivatives and the lack of consensus of all financial regulators, but also Some people think that accounting measurement methods for the global financial crisis had a role in fueling. In this paper, the fair value measurement of this important method of accounting to analyze the specific impact of the banking sector and raised in the current economic environment under the relevant countermeasures. Keywords: financial crisis, the banking industry, the fair value First, the fair value measurement used in the analysis of China’s banking industry August 25, 2005, the Ministry of Finance in the full study IAS39 and the actual situation in China, announced Finance [2005] No.14 lt;lt;Interim Financial Instruments Recognition and Measurement (Trial)gt; “(hereinafter referred to as lt;lt;Interim Provisionsgt; gt;), January 1, 2006 in the listed financial enterprises from .2006 on February 15, in extensive consultation lt;lt;Interim Provisionsgt;gt; revisions, based on published lt;”Enterprise Accounting Standards No. 22 - Recognition and measurement of financial instruments recognition and measurement of financial instruments gt;gt;.lt;lt;gt;gt; criteria on the basis of the basic criteria of the definition of financial instruments, financial assets and financial liabilities, classification, recognition and measurement of financial instruments and financial assets other accounting principles are given concrete specifications. called the basic principles of financial accounting. the other three criteria lt;lt;gt;gt;,lt;lt; transfer of financial assets of financial instruments hedging gt;gt;,lt;lt;gt;gt; all is lt;lt;Financial Instruments Recognition a