|
|
Methodology of Financial Reporting of Securities and Financial Derivatives
Kuchař, Tomáš ; Basovníková, Marcela (referee) ; Beranová, Michaela (advisor)
This master’s thesis discusses the accounting of securities and financial derivatives in accordance with the Czech accounting legislation and the International Financial Reporting Standards. The goal is to suggest the methodology based on the performed analysis of differencies between the both accounting systems. The parts of the master’s thesis are the processing of the theoretical data, the analysis of differencies and their application to the case studies with the assessment of their influence on the basic indicators of the financial analysis.
|
|
|
Hedging Interest Rare Risk by the Use Financial Derivatives
Hofmanová, Aneta ; Jonášek, Martin (referee) ; Rejnuš, Oldřich (advisor)
Bachelor thesis focuses on hedging interest rate risk by the use financial derivatives. The theoretical part characterizes financial derivatives, their division and description of each type of derivatives. In an analytical part is monitored development of interest rates in the Czech Republic, followed is analyzed the offer of Czech banks and their subsequent comparison. In the last part is suggested recommendations for company management.
|
|
|
The application of finacial derivatives in bussines practise
Podhorná, Hana ; Kotík, Věroslav (referee) ; Meluzín, Tomáš (advisor)
The aim of this bachelor thesis is eliminating the foreign exchange risk in the given company by using financial derivatives. The thesis is divided to a theoretical and a practical section. The theoretical section is focused on the problems of foreign exchange risk, including a description of the main products and procedures that enable to manage these risks effectively. The practical section analyses the problem of exchange rate losses and evaluates the foreign exchange position of the company. The author tried to create suitable proposals for the possibilities of security. The conclusion of the thesis contains benefits that resulted from the obtained results of the given proposal.
|
|
| |
|
|
Elimination of the Exchange Rate Risk for Exportoriented Company
Pěček, Jan ; Trčka, Radek (referee) ; Režňáková, Mária (advisor)
This thesis is focused on elimination of exchange rate risks as well as on possible ways how to ensure the risk, considering actuall situation in the Czech republic and expansive economical crisis in the year 2009. Mentioned is an overview of possible financial derivates and methods how to adapt them to export-oriented company. The work also includes an outline of a question how far the situation would be changed after launching euro.
|
|
|
Financial Derivatives in Praxis
Dalekorejová, Petra ; Sedlák, Petr (referee) ; Sojka, Zdeněk (advisor)
The subject of the Master thesis „Financial Derivatives in Praxis“ is the analysis of the all kinds of financial derivates.The first part of the thesis deals with the general description of the derivates. In the next part of the thesis analysis of individual spices of derivates and their dividing into interest rate derivates and currency derivates is made. The final, practical part of the thesis, is devoted to the practical using of derivates in the hedging interest rate and currency risk on specific examples of companies and the offer of hedging on the Czech financial market.
|
|
|
Financial instruments - securities
Skořepa, Pavel ; Novotný, Štěpán (referee) ; Meluzín, Tomáš (advisor)
This work deals with the tools of financial market. It is demonstrated to a reader, what is the financial market composed from, how it actually works and what are the characteristics of securities, why the securities are used, what are the advantages and disadvantages. We are going to focus on field of mutual funds, as a part of collective investment. Thanks to investment questionary is made a research to find out which strategy is prefered by citizens. We are going to suggest the optimal financial portfolio to this strategy by the program GRANT. We are going to use the fuzzy logic characteristic and we are going to show to the investor how can he choose the suitable invesment tools to his portfolio according to his requierements.
|
|
|
Legal regulation of trading in financial derivatives
Freibergová, Tereza ; Kohajda, Michael (advisor) ; Kotáb, Petr (referee)
1 Abstract This thesis is focused on the financial derivatives. The main goal of this paper is to analyse legal nature of financial derivatives and to present universal definition, general characteristics or utilization of financial derivatives. The other goal of this paper is to describe the development of supervision and regulation before and after The Global Financial Crisis. The thesis is composed of three main chapters. Chapter One is focused on a definition of the financial derivatives as well as the development of derivatives in the fields of history. Chapter Two is dedicated to brief description and explanation of important derivatives types such as forwards, futures, swaps, options and credit derivatives. Chapter Three of this thesis deals with the problems of supervision and regulation of financial derivatives based on American and European law. In response to the causes and effects of The Global Financial Crisis the regulation increased. There were introduced new regulatory legislations which require for example deep transparency of OTC derivatives or settlement of OTC trades through a central counterparty. Key words: financial derivatives, forwards, futures, swaps, options, regulation
|
|
|
Exchange rate differences - accounting and financial perspective
PAVLOVCOVÁ, Ester
This bachelor thesis deals with exchange rate differences from an accounting and financial perspective. The aim of the thesis is to describe possible accounting methodologies related to exchange rate differences and their impact on economic indicators in the theoretical part. The information found is applied to the selected company. The theoretical part deals with the definition of exchange rate differences, how they arise, types, and accounting. According to legislation, companies are obliged to keep their accounting in the Czech currency. For conversion from foreign currency to Czech currency, companies can choose between the daily and fixed exchange rate. In the practical part, a selected company is introduced and then analyzed for the years 2019-2021. The thesis further deals with modeling the company's revenues and liabilities using the daily, fixed monthly, fixed quarterly, and fixed annual exchange rates. This is followed by an analysis of the appropriate use of individual types of exchange rates according to the settlement of receivables and liabilities in individual years. The fourth part deals with hedging against exchange rate risk through average currency forwards. Potential use of functional currency for accounting is then described. The final part of the thesis is devoted to creating an internal directive for the proper determination and accounting of exchange rate differences. It concludes with suggestions and recommendations to reduce exchange rate risk.
|
|
|
Currency risk management through financial derivatives
JANDOVÁ, Barbora
The aim of this thesis is an analysis of currency risks arising from business activity and the use of financial derivatives in hedging against these risks. In the theoretical part, the basic terms are defined in order to understand this work. The concept of risk and its classifications are also described in this segment, as well as risk management methods. Information on individual financial derivatives and their breakdown is included too. Author informs about forwards, futures, swaps and options in this section as well. The last chapter of the theoretical part is dedicated to the company's motivation to trade financial derivatives. In the practical part, theoretical knowledge from previous chapter is put to use. In the beginning of this section, author presents a company and applies a model example on it. First, the future development of CZK/EUR exchange rate is simulated according to the Monte Carlo method. Subsequently, the selected financial derivatives are valued and the effects that stem from hedging using these financial instruments are determined. At the end of the chapter, individual hedging strategies are compared according to established criteria. In the conclusion, individual strategies are evaluated and the recommendation of the most advantageous hedging strategy for the given company is given.
|
guest ::
