CBSE · Class 11 · Accountancy
Theory Base of Accounting
Chapter 1.2Theoretical FrameworkCBSE / NCERT · Secondary & Senior Secondary
Topics
Concepts
- GAAP and fundamental assumptions
- Basic accounting concepts from business entity to objectivity
Systems and standards
- Cash and accrual bases
- Applicability of AS and Ind AS
- GST characteristics and advantages
Learning objectives
- Identify the accounting concept applied in a recording decision.
Labs for this chapter are on the way
We are building worlds, labs and stories for Theory Base of Accounting. Meanwhile, practise its questions or explore the rest of Commerce.
