FINANCIAL RISKS MANAGEMENT

The theoretical aspects of the essence of financial risk notion as a specific category, depicting the possibility of unfavorable results occurrence in the form of income, capital losses, bankruptcy in the situation of uncertainty conditions of carrying out its financial activity have been investigated. The main types of financial risks have been singled out. Methodological approaches as to the managing financial risks of enterprise have been suggested. The measures of derivatives application as one of the effective instrument of financial risk management aimed at neutralization of possible negative financial results have been grounded. It has been stated, that the process of financial risks management includes a wide range of actions which, in systematized way, can be introduced as a sequence of such steps as identification, quantification, minimizing and monitoring