Accounting Standards: a Trust Perspective Q In order to solve the disputes on accounting choices, agreement on the set of accounting choices is necessary, o We define this as accounting standards; 0 It is also named as gaap in us Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity10 Accounting Standards: a Trust Perspective ⧫In order to solve the disputes on accounting choices, agreement on the set of accounting choices is necessary;  We define this as accounting standards;  It is also named as GAAP in US;