摘要：Although fair value is not a new measurement attribute, the interest of discussing fair value has been aroused by the release of new accounting standards. This article decodes fair value measurement again from four aspects respectively. Fair value measurement attribute is for asset measurement in the end, a kind of initiative measurement from master-slave relationship. As a matter of fact, fair value measurement is a measurement process. However, considering the special time, the relationship of exclusiveness does not exist between fair value and other measurement attributes. Simultaneously, fair value refers to fairness of value in special time and it is meaningless for fair value without the concept of time.
