Abstract
[Autom. eng. transl.] Derivatives are, in their general meaning, financial instruments with no intrinsic value, the price of which depends on other assets, whether they are real goods (e.g. raw materials) or other financial products (e.g. shares or bonds). In recent decades, the use of derivative financial instruments has spread globally on regulated and unregulated financial markets. Their complexity and their diffusion have often made them protagonists or co-protagonists of various financial crises. Therefore, numerous accounting regulations have followed one another globally aimed at containing the effects deriving from their uncontrolled use. The objective of this Chapter is to illustrate the methods of evaluation and accounting for derivative financial instruments on the basis of the legislation provided for at national level. We will therefore proceed with: the introduction and definition of the instrument; the distinction between speculative derivatives and hedging derivatives and the related methods of evaluation and accounting. Finally, the Chapter illustrates the aspects relating to the information to be indicated in the Notes to the Financial Statements and in the Management Report and provides brief information on their tax treatment.
Translated title of the contribution | [Autom. eng. transl.] Derivative financial instruments |
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Original language | Italian |
Title of host publication | Il bilancio di esercizio |
Editors | P Russo, E Cantù, M Daniele |
Pages | 429-469 |
Number of pages | 41 |
Publication status | Published - 2022 |
Keywords
- hedge accounting
- Strumenti finanziari derivati