Critically discuss how the use of creative accounting practices can affect asset-based, multiple earnings and discounted cash flow valuation techniques?

International Financial Analysis Coursework

Coursework requirement
Read the following statement and answer the question:
“Valuing a potential target company is a key stage in the takeover process.” (Watson and Head, 2016*)
Critically discuss how the use of creative accounting practices can affect asset-based, multiple earnings and discounted cash flow valuation techniques?
* Watson, D. and Head, A. (2016), Corporate Finance Principles and Practice, Pearson, 7th edition.

General instructions to students

Present your coursework in an essay format.

Statements, assertions and ideas made in coursework should be supported by citing relevant sources. Sources cited in the text should be listed at the end of the assignment in a reference list. Any material that you read but do not cite in the report should go into a separate bibliography. All referencing should be in Westminster Harvard format.

Word limit is 2,000, excluding appendices and tables (if any).

Minimum number of References: 5

Submit your work electronicall