Use of derivative financial tools in risk management in relation to banking sector and accounting in line with international accounting standards

Aim of this thesis presented with the title "Use of Derivative Financial Tools in Risk Management in Relation to Banking Sector and Accounting in Line With International Accounting Standards" is to set forward types of accounting for Derivative Product Agreements (forward, futures, swap and Option), which have been recently used in Banks that play a central role in financial markets of our country, in accordance with International Accounting Standards applied in Turkish Banking Sector and Turkish Accounting Standards and to determine their use and accounting in Turkish Banking sector and effects of ?Hedge Accounting? practices applied in banks according to IAS/TMS 39 through examples.This thesis is composed of four chapters. In the first chapter, risks in the banking sectors are described, definitions are made, types are specified, importance of risk management is highlighted in relation to banking and the position of derivative financial tools is illustrated and stressed.In the second chapter, derivative financial tools, which are generally defined in the first chapter, are defined in detail, their characteristics are specified, their types are listed, advantageous and disadvantageous aspects are described and a comparison is made in relation to these tools.In the third chapter, principles and standards with regard to accounting of derivative financial tools in the banking sector are described and accounting practices in Turkish Banking sector are provided in line with International Accounting Standards through examples.In the fourth chapter, which is the final chapter, all chapters and practices are evaluated.