"Fair Value Accounting for Selected Assets" is a comprehensive examination of the impact of fair value measurement on the comparability of financial statements. The book analyzes how the International Financial Reporting Standards (IFRS) aim to enhance the comparability of financial reports by requiring similar items to be valued in a similar manner. It discusses that all companies listed on the South Pacific Stock Exchange have been required to apply the full IFRS without modifications since January 1, 2007. The work highlights specific standards such as IAS 40, IAS 38, IAS 16, and IAS 39, which allow companies to measure their assets at fair values. The aim of the study is to investigate the valuation methods actually used and to analyze their influence on the comparability and decision-usefulness of financial reports.