توظيف المشتقات المالية لتخفيض المخاطر في ظل جائحة ((covid – 19

Employing financial derivatives to reduce risks in light of the )Covid 19( pandemic as a proposed model

Abstract:
The Research aims to use Appropriate Financial Derivative Contracts in Controlling the Risks Resulting From the Current Pandemic, Identifying Risks to Companies, Exposure to appropriate accounting entries and treatments, and knowledge research to make reforms in accordance with international financial reporting standards. In applying his research, the researcher followed the use of financial derivatives and accounting treatments on financial statements. For the industrial sectors of the Baghdad Company for Soft Drinks, and the services sector for the Baghdad Iraq Company for Transport and Real Estate Investments to reduce the risks to which it is exposed. The researcher adopted the inductive approach in the theoretical side mixed with the deductive approach in the practical side. The research variables and the associated factors that enable the study of the relationship between them and their impact on achieving the desired results, and for the purpose of proving the hypothesis of the research, the adoption of a hypothetical method in measuring the elements of the financial statements by employing financial derivatives and accounting treatments to reduce the risks facing companies. exploratory Questionnaire team, to show the impact of the use of financial derivatives in overcoming and controlling risks under difficult circumstances (COVID-19). The research deals with the problem of the negative effects of crises in general and the pandemic in particular, using derivative financial instruments under conditions of uncertainty and enabling them to control risks effectively and successfully. And the use of financial derivatives will help to hedge against risks and reduce their consequences, and with regard to the results that have been reached, the financial position of the Baghdad Soft Drinks Company and Baghdad Iraq for Transport and Real Estate Investments has been strengthened by acquiring financial assets as a result of accounting treatments and financial derivatives. Employing those gains with hedged financial assets enhances their ability to continue and address risks before they occur. Reducing risks using these modern derivative tools is a fundamental issue for all companies based on the returns of these tools such as controlling regular financial flows, achieving capital profits and reducing risks. The research discusses the positive effects of hedging. Using these tools as well as the possibility of their application in Iraqi industrial and service companies in light of the pandemic, and the research recommends adopting these strategies and methods that enable them to take risks and ensure their continuity and then rise to competition.