摘要
随着公允价值得到越来越广泛的应用，公允价值能够更好地反映一个企业的实际经济状况，提供比历史成本计量更具决策信息的概念，越来越深入人心。本文首先介绍了公允价值及其相关概念，然後通过推导公允价值、公司价值与企业实际经济情况的关系，发现了公允价值的相关性存在不确定的可能，指出公允价值的相关性是相对的。
With the development of economy, especially in financial derivatives, traditional history cost becomes hard to express the assets＇ value precisely in time. For the sake of accounting information＇s quality, people introduce the fair value measurement as the basic metric in accounting. Fair value supporters think that fair value can do better to reflect underling economic state of a company and has more predictive information than history cost. However, in the course of studying fair value＇ relevance, it is not so simple. In this article, first introduce the concept of relevance and then point out the intension of fair value＇s relevance. Later, deduce the mutual relationships among the firm＇s value, fair value and underlying economic states and find out the limitation of fair value＇ relevance.
