Accounting for Derivative Financial Instruments

Аннотация

Contracts have become a part of the business world, whether it is a simple purchase and sale transaction or a more significant transaction involving the delivery of a specified asset at a specified price, at a specified location, and in a specified manner.
The latter is called a derivative financial instrument and is related to the indirect delivery of an underlying asset. It is mainly used to assume risks or, conversely, to avoid risks.