A Brief Discussion about the Accounting Measurement of the Just and Sound Value of Financial Instruments

摘要

In this paper, the just and sound value of financial instruments is the amount of money that entry price defrays money for obtaining the assets or receives the money for issuing the liabilities; or the amount of money that exit price will receive for holding the assets or defraying money for the quietus of the liabilities. JWGSS thinks exit price is the vital measurement to the just and sound value of financial instruments.