Subject. This article discusses the use of hedging instruments in the process of minimizing the risks of changes in market conditions and their impact on the economic security of economic entities. Objectives. The article aims to define hedging as a process of minimizing market risks and their distribution among participants in market transactions and describe the impact of hedging on the valuation of financial accounting items. Methods. For the study, we used the provisions of general economic theories of positive and normative economics, theories of accounting and analysis, theories of finance, the concept of sustainable development of the organization and the concept of constructive obligation. Results. The article defines the method of special accounting for hedging instruments, the use of which makes it possible to reliably reflect in the Statement of Financial Position of the organization the impact of the risk of changes in market conditions and their minimization when allocating these risks among the participants of an exchange transaction in the financial market. Conclusions. Derivative financial instruments are subject to financial accounting and reporting, and the special hedge accounting method is a business model for the use of hedging instruments that includes elements of hedging.
Bashkatova L.I. [Accounting for production and trade losses]. Bukhgalterskii uchet = Accounting, 2011, no. 7, pp. 43–48. (In Russ.)
Buyanova A.S., Akasheva V.V. [Unproductive expenses and losses in construction, their impact on the cost of production]. Molodoi uchenyi = Young Scientist, 2014, no. 1 (60), pp. 343–346. URL: Link (In Russ.)
Mizikovskii I.E. [Methods of management accounting of production losses of companies in the manufacturing sectors]. Vestnik Nizhegorodskogo universiteta im. N.I. Lobachevskogo. Seriya: Sotsial'nye nauki = Vestnik of Lobachevsky State University of Nizhny Novgorod. Series: Social Sciences, 2017, no. 2 (46), pp. 24–30. URL: Link (In Russ.)
Mazhazhikhov A.A. Bukhgalterskii uchet neproizvoditel'nykh raskhodov i poter' elektroenergii v energosnabzhayushchikh organizatsiyakh [Accounting for unproductive expenses and losses of electricity in energy supply organizations]. St. Petersburg, Gelikon Plyus Publ., 2009, 23 p.
Tokmakova E.G., Yukhtanova Yu.A., Skipin D.L. [Forming data on the losses in a business entity accounting with the purpose of ensuring its economic security]. Uchet. Analiz. Audit = Accounting. Analysis. Auditing, 2020, vol. 7, no. 1, pp. 49–57. (In Russ.) URL: Link
Plotnikov V.S., Plotnikova O.V. [The concept of accounting for contractual obligations: Searching for accounting development areas]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2022, vol. 25, iss. 12, pp. 1326–1345. (In Russ.) URL: Link
Plotnikov V.S., Plotnikova O.V. Uchet finansovykh instrumentov kak faktor obespecheniya dostovernosti informatsii o funktsionirovanii kompanii na rynke: monografiya [Accounting of financial instruments as a factor in ensuring the reliability of information about the functioning of the company in the market: a monograph]. Moscow, Finansy i Kredit Publ, 2013, 251 p.
Plotnikov V.S., Plotnikova O.V. [The concept of constructive obligation as an element of the draft concept of international integrated reporting]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2013, vol. 16, iss. 47, pp. 2–11. URL: Link (In Russ.)
Plotnikov V.S., Plotnikova O.V. [Philosophy of accounting as an economic science (Part 1)]. Uchet. Analiz. Audit = Accounting. Analysis. Auditing, 2017, no. 2, pp. 7–17. URL: Link (In Russ.)
In Memoriam: Yaroslav Vyacheslavovich Sokolov (1938–2010) [In Memoriam: Yaroslav Sokolov (1938–2010)]. St. Petersburg, Nestor-Istoriya Publ., 2011, 508 p.
Plotnikov V.S., Plotnikova O.V. [The concept of positioning of contractual obligations]. Bukhgalterskii uchet = Accounting, 2013, no. 9, pp. 122–125. (In Russ.)
Plotnikov V.S., Plotnikova O.V. [In the development of the conceptual basis of accounting]. Auditor, 2014, no. 21, pp. 52–61. URL: Link (In Russ.)
Plotnikov V.S., Plotnikova O.V. [International Financial Reporting Standards (IFRS ) 15 – Revenue from Contracts with Buyers: What is expected for book-keepers]. Auditor, 2015, vol. 1, no. 5, pp. 65–74. URL: Link (In Russ.)
Plotnikov V.S., Plotnikova O.V. [Principles of recognizing revenue from contracts with customers as stipulated in IFRS 15 – Revenue from Contracts with Customers]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2015, vol. 18, iss. 27, pp. 2–11. URL: Link (In Russ.)
Plotnikov V.S., Plotnikova O.V. [New objects of accounting introduced in IFRS (IFRS) 15 – Revenue under the Contract with the Buyer]. Uchet. Analiz. Audit = Accounting. Analysis. Auditing, 2015, no. 6, pp. 35–45. URL: Link (In Russ.)
Plotnikov V.S., Plotnikova O.V. [Conceptual framework for reporting: The impact of changes on the theory and methodology of accounting and reporting]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2023, vol. 26, iss. 8, pp. 830–854. (In Russ.) URL: Link
Hull J.C. Optsiony, f'yuchersy i drugie proizvodnye finansovye instrumenty [Options, Futures, and Other Derivatives]. Moscow, Vil'yams Publ., 2019, 1072 p.
Kormosh Yu.I. [Standardization of over-the-counter futures transactions as an anti-crisis measure for the Russian financial market]. Trudy Instituta gosudarstva i prava Rossiiskoi akademii nauk, 2010, no. 4, pp. 173–202. URL: Link (In Russ.)
Plotnikova O.V. [Accounting for hedges in futures transactions]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2012, vol. 15, iss. 31, pp. 17–25. URL: Link (In Russ.)
Plotnikova O.V. [Accounting for hedges through forward contracts]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2012, vol. 15, iss. 30, pp. 10–16. URL: Link (In Russ.)
Plotnikova O.V. [Accounting for transactions with option contracts]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2012, vol. 15, iss. 46, pp. 26–36. (In Russ.)
