Τhis book aims to present all aspects of the accounting events taking place in the tangible and intangible assets according to Greek Accounting Standards (ELP) and International Financial Reporting Standards. Each section includes the legal framework of the Greek Accounting Standards, the IFRS and the Tax-Law (KFE). Through examples, it is intended to give the reader full insight into the initial accounting entry in accordance with tax basis and subsequently with accounting basis, with the use of deferred taxation, as an optional choice in the case of ELP.