Theory Base of Accounting, Accounting Standards

Fundamental accounting assumptions:
GAAP: Concept
 Business Entity, Money Measurement, Going
Concern, Accounting Period, Cost Concept,
Dual Aspect, Revenue Recognition,
Matching, Full Disclosure, Consistency,
Conservatism, Materiality and Objectivity Accounting Standards: Applicability in Ind-AS
 Goods and Services Tax (GST):
Characteristics and Objective.