{"id":507,"date":"2026-07-16T20:18:25","date_gmt":"2026-07-16T11:18:25","guid":{"rendered":"https:\/\/gaap-bridge.com\/?page_id=507"},"modified":"2026-07-20T22:18:09","modified_gmt":"2026-07-20T13:18:09","slug":"ifrs-accounting","status":"publish","type":"page","link":"https:\/\/gaap-bridge.com\/?page_id=507","title":{"rendered":"IFRS Concepts"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"507\" class=\"elementor elementor-507\">\n\t\t\t\t<div class=\"elementor-element elementor-element-de511d1 e-con e-atomic-element e-flexbox-base e-ff8eb67 \" data-id=\"de511d1\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"de511d1\">\n    <div class=\"elementor-element elementor-element-45dd131 e-flex e-con-boxed e-con e-parent\" data-id=\"45dd131\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f18ab3a elementor-widget elementor-widget-heading\" data-id=\"f18ab3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IFRS Concepts<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-f7eb435 e-con e-atomic-element e-flexbox-base e-994534b \" data-id=\"f7eb435\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"f7eb435\">\n    <div class=\"elementor-element elementor-element-d70b80f e-flex e-con-boxed e-con e-parent\" data-id=\"d70b80f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-63ec523 elementor-widget elementor-widget-heading\" data-id=\"63ec523\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Articles<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-e09c886 e-con e-atomic-element e-flexbox-base e-140de55 \" data-id=\"e09c886\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"e09c886\">\n    <div class=\"elementor-element elementor-element-d0849d7 e-flex e-con-boxed e-con e-parent\" data-id=\"d0849d7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e84fc9 elementor-grid-eael-col-4 elementor-grid-tablet-eael-col-2 elementor-grid-mobile-eael-col-1 elementor-widget elementor-widget-eael-post-grid\" data-id=\"5e84fc9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;eael_post_grid_columns&quot;:&quot;eael-col-4&quot;,&quot;eael_post_grid_columns_tablet&quot;:&quot;eael-col-2&quot;,&quot;eael_post_grid_columns_mobile&quot;:&quot;eael-col-1&quot;}\" data-widget_type=\"eael-post-grid.default\">\n\t\t\t\t\t<div id=\"eael-post-grid-5e84fc9\" class=\"eael-post-grid-container\">\n            <div class=\"eael-post-grid eael-post-appender eael-post-appender-5e84fc9 eael-post-grid-style-one\" data-layout-mode=\"masonry\"><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-225 category-ifrs-concepts tags-abcp-borrowing-financial-leverage-off-balance-sheet-pros-and-cons-of-spc-retail-industry-spc\" data-id=\"225\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/gaap-bridge.com\/?p=225\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/gaap-bridge.com\/wp-content\/uploads\/2026\/05\/eb8ba4ec9ab4eba19ceb939c.png\" class=\"attachment-medium size-medium wp-image-226\" alt=\"\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/gaap-bridge.com\/?p=225\" title=\"SPC 01 &#8211; Why Companies Create SPCs and Issue ABCP\">SPC 01 &#8211; Why Companies Create SPCs and Issue ABCP<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Hello everyone, Global CPA here ?? Recently, the overall offline retail...<\/p><a href=\"https:\/\/gaap-bridge.com\/?p=225\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\"><img alt='Global CPA' src='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=96&#038;d=identicon&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=192&#038;d=identicon&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\" title=\"Posts by Global CPA\" rel=\"author\">Global CPA<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"May 27, 2026\">May 27, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-218 category-ifrs-concepts tags-abcp-control-financial-instrument-ifrs9-spc-true-sale-trust\" data-id=\"218\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/gaap-bridge.com\/?p=218\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/gaap-bridge.com\/wp-content\/uploads\/2026\/05\/eb8ba4ec9ab4eba19ceb939c.png\" class=\"attachment-medium size-medium wp-image-226\" alt=\"\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/gaap-bridge.com\/?p=218\" title=\"SPC 02 &#8211; Legal Transfer vs Economic Substance Under IFRS\">SPC 02 &#8211; Legal Transfer vs Economic Substance Under IFRS<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>From legal transfer to accounting substance under IFRS Hello Everyone, this...<\/p><a href=\"https:\/\/gaap-bridge.com\/?p=218\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\"><img alt='Global CPA' src='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=96&#038;d=identicon&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=192&#038;d=identicon&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\" title=\"Posts by Global CPA\" rel=\"author\">Global CPA<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"May 27, 2026\">May 27, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-235 category-ifrs-concepts tags-abcp-control-derecognition-financial-instrument-fund-ifrs9-retail-industry-spc-true-sale-trust\" data-id=\"235\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/gaap-bridge.com\/?p=235\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/gaap-bridge.com\/wp-content\/uploads\/2026\/05\/eb8ba4ec9ab4eba19ceb939c.png\" class=\"attachment-medium size-medium wp-image-226\" alt=\"\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/gaap-bridge.com\/?p=235\" title=\"SPC 03 &#8211; True Sale or Financing Transaction?\">SPC 03 &#8211; True Sale or Financing Transaction?<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Hello everyone, Global CPA here ?? In the previous articles, we...<\/p><a href=\"https:\/\/gaap-bridge.com\/?p=235\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\"><img alt='Global CPA' src='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=96&#038;d=identicon&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=192&#038;d=identicon&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\" title=\"Posts by Global CPA\" rel=\"author\">Global CPA<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"June 15, 2026\">June 15, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-241 category-ifrs-concepts tags-abcp-consolidation-control-derecognition-fund-global-cpa-ifrs10-ifrs15-linkage-power-returns-spc-trust\" data-id=\"241\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/gaap-bridge.com\/?p=241\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/gaap-bridge.com\/wp-content\/uploads\/2026\/05\/eb8ba4ec9ab4eba19ceb939c.png\" class=\"attachment-medium size-medium wp-image-226\" alt=\"\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/gaap-bridge.com\/?p=241\" title=\"SPC 04 &#8211; Who Really Controls the SPC?\">SPC 04 &#8211; Who Really Controls the SPC?<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Understanding Control Under IFRS 10 Hello everyone, Global CPA here ??...<\/p><a href=\"https:\/\/gaap-bridge.com\/?p=241\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\"><img alt='Global CPA' src='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=96&#038;d=identicon&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=192&#038;d=identicon&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\" title=\"Posts by Global CPA\" rel=\"author\">Global CPA<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"June 15, 2026\">June 15, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-250 category-ifrs-concepts tags-abcp-capital-structure-cash-flow-waterfall-common-equity-global-cpa-ifrs-preferred-units-residual-interest-senior-debt-spc-structured-finance\" data-id=\"250\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/gaap-bridge.com\/?p=250\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/gaap-bridge.com\/wp-content\/uploads\/2026\/05\/eb8ba4ec9ab4eba19ceb939c.png\" class=\"attachment-medium size-medium wp-image-226\" alt=\"\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/gaap-bridge.com\/?p=250\" title=\"SPC 05 &#8211; Understanding the Capital Structure of an SPC\">SPC 05 &#8211; Understanding the Capital Structure of an SPC<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Hello everyone, Global CPA here ?? In the previous articles, we...<\/p><a href=\"https:\/\/gaap-bridge.com\/?p=250\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\"><img alt='Global CPA' src='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=96&#038;d=identicon&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=192&#038;d=identicon&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/gaap-bridge.com\/?author=276482313\" title=\"Posts by Global CPA\" rel=\"author\">Global CPA<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"June 16, 2026\">June 16, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><\/div>\n            <div class=\"clearfix\"><\/div>\n        <\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-8088272 e-con e-atomic-element e-flexbox-base e-2d4b14b \" data-id=\"8088272\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"8088272\">\n    \t\t<div class=\"elementor-element elementor-element-48f855f elementor-widget elementor-widget-spacer\" data-id=\"48f855f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>IFRS Concepts Articles SPC 01 &#8211; Why Companies Create SPCs and Issue ABCP Hello everyone, Global CPA here ?? Recently, [&hellip;]<\/p>\n","protected":false},"author":276482313,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_eb_attr":"","site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_zipai_imported":false,"footnotes":""},"class_list":["post-507","page","type-page","status-publish","hentry"],"spectra_blocks_featured_image_url":null,"spectra_blocks_author_info":{"display_name":"Global CPA","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/5f9a1c8991b96bf07ae7da85eb2801609cf198dbe584f0216ad79db365569326?s=96&d=identicon&r=g","author_link":"https:\/\/gaap-bridge.com\/?author=276482313","description":"- KICPA \n- USCPA Maine \n- ACCA\n- CPA Austrailia"},"_links":{"self":[{"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=\/wp\/v2\/pages\/507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=\/wp\/v2\/users\/276482313"}],"replies":[{"embeddable":true,"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=507"}],"version-history":[{"count":42,"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=\/wp\/v2\/pages\/507\/revisions"}],"predecessor-version":[{"id":942,"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=\/wp\/v2\/pages\/507\/revisions\/942"}],"wp:attachment":[{"href":"https:\/\/gaap-bridge.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}