Hedge accounti̇ng

In this study, the use of derivative financial instruments for risk protection purposes is explained. Advantages that enterprises will be gained to them and their markets if they use the risk protection instruments are provided. Obligations they will enter into and what kind of rights they will gain if they are a party to derivative financial instruments are indicated. The gains or losses on the profits obtained from the hedging activities performed by the enterprises using derivative financial instruments are taken into consideration in terms of the principles of hedge accounting, which is a special accounting field. In accordance with TAS and TFRS which are Turkish equivalents of IAS and IFRS, the principles of implementation in the recently published TDHP Framework are explained. In the last section, fair value hedging which is risk protection accounting relations is taken into consideration in terms of cash flow hedge and hedge of net investment risk abroad and risk protection accounting applications explained based on TMS, TFRS and new TGHP framework. A new approach has been proposed to be introduced in the future for the hedge accounting applications.