Attribute cannot satisfy the reliability and verification requirements, therefore, specific accounting practice is often into perspective, eliminate measurement attribute determined factors such as artificial estimates, more objective, can be verified. And all the measurement attributes, only asset acquisition cost (i.e., the historical cost) with the above requirements. Therefore, the current accounting practice, assets at historical cost measurement are mainly attributes.In
The economic environment, a significant change, especially the derivatives is widely applied in business activity, enterprise held by the properties of assets is changed. Therefore, some countries formulate standards organization depth use new measurement attributes, with reasonable reflect the value of assets held by enterprises. At present, the fair value of the property is widely applied in the United States,
Canada, England, such criteria agreed to formulate institutions or fair value measurement will be ready for financial derivatives of financial assets and the measurement attributes.As the unit of volume, relatively simple. In special circumstances, the basic stability of nominal monetary unit can accurately reflect the real value of assets, But in a larger extent price changes of environment, the same
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