Foreign Currency Purchase Options And Risk Aversion Accounting in Foreign Currency Purchases
Journal Title: Muhasebe ve Finansman Dergisi - Year 2015, Vol 17, Issue 65
Abstract
As a result of foreign currency operations businesses are subject to exchange rate risks due to changes in exchange rates. Businesses appeal derivatives to eliminate the foreign currency risks and for exposuring minimal impact from the foreign currency risks. One of these derivatives is the foreign currency option contracts. In the first part of the study, theoretical information about foreign currency option contracts will be presented. Following to this part, an accounting case –based on the framework within the draft plan by Turkish Accounting Standards Board - that involves foreign currency option contracts in purchasing operations. In the example case it can be observed that the firm can be less affected by exchange rate increases by purchasing foreign currency option contract.
Authors and Affiliations
Mehmet MEMİŞ, Kayahan TÜM
Keywords
Related Articles
- EP ID EP127109
- DOI -
- Views 136
- Downloads 0
TRA 2 Bölgesi Akademisyenlerinin Bakış Açısıyla Adli Muhasebe Eğitimi
Küreselleşme, teknolojik gelişmeler, iş dünyasının artan ihtiyaçları gibi çeşitli sebeplerle; gün geçtikçe artan önemi ve ihtiyaç duyan kesimin her geçen gün genişlemesi ülkemizde adli muhasebe eğitimine; diğer gelişmiş...
Impact of RPA Technologies on Accounting Systems
Robotic Process Automation (RPA) is a technology that allows the automation of business processes and has a great impact on the transformation of Industry 4.0, which combines the strengths of traditional industries with...
The Evaluation of Studies Conducted Regarding Management Accounting Between Years 2010 – 2016 in Turkey
Management accounting has been gaining more importance as a result of the developments experienced in recent years with regards to both academicians and implementers. In accordance with this, the objective of this study...
Evaluating Financial Performance With Grey Relational Analysis: An Application Of Manufacturing Companies Listed On Borsa İstanbul
This study aims at evaluating financial performance of manufacturing companies listed on Borsa Istanbul with a recent methodology: Grey Relational Analysis. The analysis is conducted with financial ratios related to liqu...
Bir Alabalık Üretim Tesisinde Kobi TFRS’ye İlk Geçiş Uygulaması
Türkiye’de KOBİ düzeyinde su ürünleri yetiştiriciliği yapan yaklaşık 2000 tesis bulunmaktadır. Bu işletmelerin, Vergi Usul Kanunu’na göre hazırlanmış finansal tablolarını KOBİ TFRS’ler çerçevesinde düzenleyebilmeleri içi...