Řízení tržních rizik pomocí zajišťovacího účetnictví

Abstract

The aim of this thesis is to describe interaction between market risks and hedge accounting as one of mains instruments for managing market risks and financial stability of the bank. Particular examples show how hedging helps to manage market risks and how it impacts profit of a bank. Theoretical part describes market risks and defines hedge accounting as one of main instruments of risk management. Practical part contains five examples demonstrating usage of hedging in market risk management and showing impact on profit of the bank with and without it.

Benefits of this thesis: in theoretical part I described risks that banks face as a result of changes in market factors on financial markets and several financial derivatives that can be used in banking practise as tools for eliminating the negative impacts. In the examples I showed how important hedging is not only for market risk management but also for management of financial expenses and income – this relates to the maintenance of the stability of the bank.