Accounting of Financial Risk Hedging Tools

The article is devoted to improvement of representing of the operations with derivative financial instruments on the bookkeeping accounts. The existing methodological principles of accounting of operations with futures and option contracts by share market players are analyzed, and the proposals worked out as to their enhancement. Described in detail is procedure for accounting of operations with the futures for purchase and sales of assets, operations with various option types, operations with the derivative financial instruments (derivatives) for securities. It is proposed to represent the purchase of options on off-balance account 06 ‘Received guarantees and collaterals’, and the collateral of the stock exchange derivatives execution ? using the account 379 ‘Settlements of operations with derivatives’. It is shown that it is not reasonable to represent the variation margin within other operational incomes and expenses because the financial incomes and expenses are meant. The methodological approach was substantiated to the accounting of the operations with derivatives for securities in accordance with the requirements of IFRS 32 ‘Financial Instruments: Presentation’.