The disclosure requirements in IFRS 13 Fair Value Measurement are substantive and it is often the case that they are not sufficiently presented within a set of financial statements. The fair value principles in IFRS can apply to several aspects of reporting (for example, derivative and non-derivative financial instruments, investment properties, business combinations and recoverable amounts based on fair value less costs of disposal (FVLCD)) and so companies need to be careful they are compliant in all areas.