Nexans Autoelectric Tunisia
Tunisie

Subject 40: Modality of Applying IAS 36 in the automotive sector in a crisis context PFE

Finance - Private EquityForensic AccountingAutomotive Industry

Publié il y a environ 16 heures

Stage
⏱️4-6 mois
💼Hybride
📅Expire dans 13 jours
Contacte 1 personne déjà partie.

Description du poste

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.