Vasylenko N. Accounting and analysis of financial instruments of enterprises cash flow hedging

The dissertation deals with the theoretical, methodical and practical problems concerning accounting and analysis of cash flow hedging financial instruments. Forming of enterprise financial instruments structure by activities-operating, investing and financing for their accounting has been suggested. Taking into consideration the economical content of the cash flow hedges the use of new accounts has been proposed by the author: for the accounting of unrealized profits and losses from cash flow hedges; for the accounting of revenue from cash flow hedges; for the accounting of expenses from cash flow hedges; for the accounting of hedging instruments. Disclosure of hedging activity in the enterprise financial statements has been determined as important methodical aspect. Separate line in the Balance Sheet for unrealized profits and losses from cash flow hedges has been suggested. Classification of expenses and cash flows from hedging instruments in the income statement and in the statement of cash flows in accordance with activities has been developed. Internal reporting for hedging activity analysis has been improved. Probable losses calculation VaR technique using for currency market risks management has been proved. Selection of method for assessing hedge effectiveness has been argued.