The purpose of this paper is to set up a view about the problem regarding fair value measurement of financial liabilities. Measurement of financial liabilities at fair value causes a problem that the financial statements include a counter-intuitive valuation profit of liabilities. Meanwhile, the standpoint from a position supportive of the fair value measurement is that if the financial liabilities are not measured at fair value, that would also cause a problem that the shareholders’ claims would be recorded on the financial statements as though their values have been remarkably reduced. Regarding these problems, I believe matching of the financial liabilities measurement with measurement of assets serves as an important issue in the discussion thereof. According to the matching, the financial liabilities which are to be liquidated from only the assets measured at fair value should be measured at fair value. The financial liabilities without such a qualification should be measured by applying a measurement standard that does not reflect a change in credit risk; any change in credit risk should not be included in financial statements but be evaluated by the users of the financial statements.