Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – Analysis of the scope of information on financial instruments in the management commentaries and its comparison with disclosures regarding financial instruments in the financial statements of listed companies. Design/methodology/approach – In the part devoted to the characteristics of financial instruments and the management commentaries, first of all, the method of literature studies and the method of analysing legal acts were used. In the empirical part, an inductive approach has been adopted that generalises the conclusions regarding the disclosure of information about financial instruments in the management commentaries. Findings – The most important conclusion resulting from the research is the advantage in the pursuit of listed companies to fulfil the obligations related to the disclosure of information on financial instruments over the need to present issues related to financial instruments in the financial and management aspects. Originality/value – Indication of the scope of disclosures about financial instruments in the financial statements and management commentaries and their comparison.