Modern problems of accounting of derivative financial instruments

The increasing complexity of modern business leads to an increasing role of financial instruments in the activities of organizations (including healthcare organizations). Such financial instruments also include derivative financial instruments. The article analyzes the regulations of IAS 32 Financial Instruments: Presentation, IAS 39 Financial Instruments: Recognition and Measurement, IFRS 7 Financial Instruments: Disclosure and IFRS 9 Financial Instruments in relation to accounting for derivative financial instruments. The problems of interpretation of the economic essence of derivative financial instruments, their definition, measurement, accounting and reflection in reporting are studied. The insufficiency of the regulations of international financial reporting standards in relation to accounting for derivative financial instruments is substantiated. The relevance of developing a federal accounting standard devoted to issues of accounting for financial instruments, which would solve problematic issues of accounting for derivative financial instruments, is argued.