Accounting is a cornerstone of good financial management and transparency in every business activity. In an era of constant changes in regulatory frameworks and increasing demands from businesses, understanding and applying modern accounting standards is essential for making informed decisions and complying with legal requirements.

In response to this need, Astbooks presents its new release “The Greek General Accounting Plan (EGAP) Adapted to the Greek Accounting Standards (GAS) (Theory & Examples)”, a comprehensive guide that combines theory with practical application. This book is aimed at accountants, financial managers, business executives, and accounting students, providing tools and guidance for successfully addressing the daily challenges in the field of accounting.

With over 600 examples of accounting entries based on the opinions of the Accounting Institute (ΣΛΟΤ) and a detailed accounting plan that includes more than 3,400 accounts, the book covers the entire range of requirements, from basic principles to the most complex applications.

The structure of the publication includes six parts that examine every aspect of accounting science and practice:

1. General Principles and Concepts of Accounting The fundamental principles, the legislative framework of GAS, categories of entities, accounting policies, and the content of the appendix are examined.

2. Theoretical Analysis and Examples of EGAP Adapted to GAS by Account Group Includes a detailed presentation and practical examples for the following account groups:

• Group 1: Fixed Assets (depreciation, leases, measurement).
• Group 2: Inventories (cost methods, impairments).
• Group 3: Receivables and Cash (financial instruments, taxation).
• Group 4: Equity and Provisions (share capital, mergers).
• Group 5: Current Liabilities (VAT, grants).
• Group 6: Operating Expenses (payroll, income tax).
• Group 7: Operating Income (sales, interest).
• Group 8: Income Statement Accounts (profits, losses).
• Group 0: Class Accounts (optional use).

3. Practical Application of Year-End Closing Examples are presented for year-end closing, preparing balance sheets, and addressing specialized topics such as deferred taxation.

4. Proposed Chart of Accounts A fully revised chart of accounts, based on the EGAP, adapted to the requirements of GAS.

5. Templates for Financial Statements Templates are included for balance sheets, income statements, changes in equity, and cash flows.

6. Connection of Accounts with Financial Statements A guide to linking the accounts with the items in the financial statements.

This book is an essential tool for understanding and applying the Greek Accounting Standards, focusing on linking the EGAP with the requirements of GAS, and serves as a valuable aid in achieving accurate and compliant accounting monitoring.