IntroductionValuation of Fixed AssetsMeaning, Identification and Significance of Fixed AssetsScope and CoveragePrinciples and Norms of Standard Accounting TreatmentDisclosures in Financial StatementsIFRS Converged Ind AS 16 Vs Existing AS 10Impact of Government Grants and Borrowing Costs on Fixed Assets ValuationIFRS Converged Ind AS 20 Vs Existing AS 12IFRS Converged Ind AS 23 Vs Existing AS 16Corporate Financial PracticesValuation of Wasting, Non-regenerative, AssetsConcluding RemarksKeywordsReferencesExercises