Subject 40: Modality of Applying IAS 36 in the automotive sector in a crisis context PFE
Nexans Autoelectric Tunisia •
Hybride4-6 moisExpire dans 12 jours Department & Profile
Department: Finance.
Profile required: Bachelor’s or Master’s degree in Bookkeeping.
Objective of the PFE
Analyse the way in which companies in the automotive sector perform asset revaluation and impairment testing under IAS 36 in a context of crisis and uncertainty.
Assess the impact of the current crises on the financial statements of the automotive industry (sales, planification, Ebit, CAPEX, etc.).
Main Tasks / Scope of Work
Describe the impact of the current crises on the financial statement of the automotive industry (sales, planification, Ebit, CAPEX, … etc).
Reestimate the ability of the company to generate future economic advantages according to the duration of the used equipment.
Conception and execution of depreciation / impairment tests of assets using international standards, including application of the fair value principle.
Define and document the way of depreciating intangible assets in line with IAS 36 and related IAS/IFRS guidance.
Required Skills & Competencies
Mastery of International Accounting Standards Board (IASB) standards, in particular IAS 36 (impairment of assets) and related IFRS guidance.
Strong accounting and financial statement analysis skills; ability to forecast cash flows, CAPEX needs and Ebit effects under stress scenarios.
Methodology & Deliverables
Perform quantitative impairment tests: prepare cash flow forecasts, discount rate assessment, determination of recoverable amounts and comparison with carrying amounts.
Deliverables: a written report with methodology and results, impairment test models (spreadsheets), recommendations on valuation approach (fair value vs value in use) and depreciation policy for intangible assets.
Practical Details & Application
Duration indicated: 06 Months (offered internship period: 4-6 months).
Number of interns: 01 Intern.
To apply, send your application to G-TN-StagePFE@autoelectric.com with the subject line specified below and include CV, transcript and a short cover letter describing relevant IAS/IFRS experience.
StageFinance - Private EquityForensic AccountingAutomotive Industry
Publié il y a 1 jour
