公允价值变动

公允价值变动损益加剧了会计利润与现金流量之间的不一致性。

Changes in fair values intensified the inconsistencies between accounting profit and cash flow .

检验在不同经济环境下，金融资产公允价值变动额与股票价值的价值相关性。

Inspect the relevance between fair value variation of financial assets and the stock value .

对公允价值变动损益科目及会计处理的理解

The Understanding of Changes in Fair Value Gains and Losses on the Subject and Accounting Treatment

此外，在对可供出售金融资产公允价值变动分组研究发现，该变量的正向变动和负向变动对管理层薪酬影响均不大。

In addition , fair value changes of financial assets both positively and negatively have little impact on executive pay .

这在一定程度上证明了公允价值变动会引起股票价格的变动。

This proved Loss or profit from changes of fair value give rise to changes of stock price in some degree .

同时，对于可供出售金融资产公允价值变动产生的未实现损益，用其他综合收益反映出的信息更具有相关性。

Meanwhile , the unrealized loss and profit of fair value variable of financial assets reflected in other comprehensive income is more relevant .

本文研究了上市公司在新会计准则颁布后是否对公允价值变动损益进行了盈余管理。

This analysis studies on earning management of profits or losses of fair value of listed companies after the issuance of new accounting standards .

全面收益的单项项目中，只有公允价值变动损益、资产减值损失与股价显著正相关。

Secondly , in the individual items of comprehensive income , there are only fair value gains and losses , asset impairment loss are positively correlated with the stock price .

同时公允价值变动将这种波动信号带入了财务报表，使得股票价格也随之发生变动。

The same time , changes in fair value of such fluctuations in the signal into the financial statements , making the stock price also will be subject to change .

研究发现，公允价值变动损益对上市公司盈利波动的确具有显著影响，并且投资者会对公允价值变动损益带来的公司盈利额外波动要求风险溢价。

The results show that earnings became more volatile under fair value accounting , and investors require risk premium on the extra earnings volatility in which fair value accounting results .

此外，对初始确认至终止确认之间衍生金融工具公允价值变动的确认和计量也同样是一个棘手的会计问题。

What 's more , the matter concerning recognizing and measuring the movements of fair value of derivative financial instruments between initial recognition and discontinuing recognition is also a hot potato .

实验结果表明，信息的性质（收益或损失）影响了由于金融负债公允价值变动损益列报形式不同所导致的投资者的投资判断的差异幅度。

The experimental results indicates that the information valence ( gains or losses ) influences investors ' investment judgments change magnitude under different presentation formats of fair value changes of financial liabilities .

实证结果证明：公允价值变动损益与企业长期借款显著正相关；计入资本公积的公允价值变动与企业短期借款正相关。

Empirical results show that : the correlation between changes in fair value and long-term loans was significant positive ; change in fair value included in capital reserve and short-term loans are related .

上述现象可能是因为公允价值变动信息刚开始纳入薪酬机制，薪酬机制的设置存在着过度反应和反应不足。

This phenomenon may be because the pay system is just introduced to changes in fair value , as a result , pay system settings have some " overreaction " and " inadequate response " .

第五章主要通过分析实际案例，对公允价值变动损益科目与上市公司股票价格波动之间的关系进一步深入地分析和探索。

Chapter five analyzes the actual cases and the try to disclose the further relation between the accounting subject of ' fair value through profit or loss ' and stock price volatility of listed companies .

新会计准则设置了公允价值变动损益账户来核算采用公允价值变化给当期会计报告带来的损益。

New accounting standards set a " fair value profit or loss " account to account the profit or loss that brought from the changes of fair value in current report in the fair value method .

该部分首先运用奥尔森的价格模型，在总样本的基础上，通过对每股公允价值变动损益项目与股价的相关系数的分析，检验公允价值确实具有增量价值相关性的结论。

Firstly , based on total sample , this paper uses the Olson price model to test the fair value actually has incremental value relevance through the analysis of correlation between DFVPS and a share price .

对此，论文通过理论分析和实证方法进行研究，得到的主要结论是：①公允价值变动损益与股票价格变动之间存在非常显著的相关关系。

In this regard , paper through theoretical analysis and empirical methods to study the main conclusions are : ① Loss or profit from changes of fair value and changes of stock price are very significant correlation .

以2007-2009年我国A股上市公司为样本，通过描述性统计分析和面板数据模型着重探讨公允价值变动与营业利润和股价的相关性关系，并得出公允价值变动确实影响上市公司营业利润和股票价格的结论。

Based on the financial data of listed companies in 2007-2009 , through descriptive statistical analysis and panel data model , we focus on the relationship of changes in fair value between operating profit and the stock prices .

换言之，在金融负债公允价值变动损益列报为其他综合收益的情况下，个体投资者才能够对信用风险变化进行正确区分。

That is , only when the presentation format of the fair value change of financial liabilities is other comprehensive income , can individual investors correctly differentiate the credit risk change direction by their investment judgments . 3 .

同时，将所有上市公司公允价值变动损益不为零的样本作为研究对象，根据各个样本数据公允价值变动损益与营业利润比值，划分为不同的区域。

Meanwhile , select all listed companies whose sound value flexible loss and profit are not zero as study samples , then divides those samples into different areas according to different rations of fair values divides the operating profit .

同时，净资产在可供出售金融资产公允价值变动的冲击下影响到投资者对股价的判断，并随着资本市场的波动对股价起到助涨助跌的作用。

At the same time , the changing of net asset value impacted by available for sale financial assets ' fair value will affect investors ' judgment on share prices and their transaction decision , thus aggravating asset price volatility .

按照2006年2月15日财政部颁发的《企业会计准则》的有关规定，设计交易性金融资产科目和公允价值变动损益科目，以确认与计量交易性金融资产。

According to corresponding regulations in The Accounting Standards for Enterprises issued on February 15,2006 , the article brings forward two subjects & tradable financial assets and changeable gain or loss of fair value to confirm and compute tradable financial assets .

实证结果表明，在具体的利润费用项目方面，资产减值损失、营业外收入、投资收益、财务费用是我国上市公司进行盈余管理的方式，而公允价值变动损益与盈余管理的关系并不明显。

The empirical results show that asset impairment losses , non-operating income , investment income , finance expense are the principal means of listed companies to manage earnings , but the relationship between changes in fair value gain or loss and earnings management is not obvious .

而公允价值变动损益就是因为公允价值变动而引发的损失或者收益，它是因新会计制度引入公允价值计量观念后而新增加的一个会计科目，记录在企业的利润表中。

And " fair value " results from changes in the fair value caused by loss or gain , it is the aftermath of new accounting system introduced of fair value measurement concepts . The fair value loss or gain is recorded in the profit table .

而且公允价值变动损益占净利润的比重越小，未来的投资回报越高；相反，公允价值变动损益占净利润的比重越大，未来的投资回报越低。

And the smaller proportion of fair value change gains and losses to net profit , the higher the future return on investment ; On the contrary , the greater proportion of fair value changes gains and losses to net profit , the lower the future return on investment .

新会计准则顺应了衍生工具发展的趋势，将其作为一项表内因素予以确认和计量，在报表上列示其在持有期间公允价值变动的情况及对企业损益波动的影响。

Conformed to the trend of development , derivatives are affirmed and measured as a factor of the statement in the new accounting standards . That the situation of fair value changes and the impact of corporate profit and loss fluctuations in the holding period are listed in the statement .

研究发现：2006年、2007年和2008年三年金融资产公允价值整体变动额均在1%的置信水平下与股价正相关。

The results showed : In 2006 , 2007 and 2008 , the fair value variation of financial assets and stock price are significant positive correlation in the 1 percent level .

在等待期内如果所确认的股票期权报酬费用的可行权股票数、公允价值等发生变动则应予以调整，即予以股票期权的再确认。

Not all the stock options should be recognized as compensation cost .

初始确认时被指定为以公允价值计量且其变动计入当期损益的非衍生金融资产；

The designated non-derivative financial assets which , at their initial recognition , are measured at their fair values and of which the variation is included in the current profits and losses ;