porsche motor cars The company's chief executive and chairman Venkat Meenavalli media interview said: "the ultra high current market valuation is not reasonable and not real, we put the ipo pricing valuation for $5 is a very good description." But he emphasised: "we are a profitable company that has nothing to do with the current digital currency frenzy. Longfin has grown at a rapid rate of 200 per cent over the past six months and earned a profit of $28m. 6. The accounting benefit is bound by the prudent principle. According to the principle of prudence, when there are a variety of accounting methods to choose from an economic business of an enterprise, it should choose a method that neither overestimates nor depreciates the benefits. Enterprises manipulate profits to achieve homogenization of profits, most of which adopt the method of overestimating earnings, and the subjective selection of the period of value-added. Edwards and bell's point of view So, again, stay objective and open, don't close yourself, always be curious and curious, so that you can get motivated to keep moving forward. Strictly speaking, closing yourself out, denying someone else is the equivalent of your trading life going into the end. The key is to see what you want. Identifying your pursuit determines the direction and motivation of your study. The market is changing, the pursuit is improving, so you never stop learning. Through continuous thinking and learning again, I found any trading tools on the market and reasonable analysis method has its existence value, but there is a reasonable value, not the existence of absolute value. The market will always operate under these limited factors, but different stages affect the dominant factors of the market. If you close yourself and stick to some idea, then when the market's dominant factor is not your acceptance and understanding, you will be in a state of confusion and loss. Not learning or accepting other valuable things is equivalent to losing a lot of market opportunities and understanding the market. The market is very big, the connotation won't have big change, but the disposition and the expression way but often change. If you don't keep learning and absorbing, you will eventually be eliminated by the market, regardless of who you are. 3. The cost of accounting earnings is listed in historical cost. Due to the current accounting practice in the enterprise asset is measured at the historical cost in, with the cost nature is the historical cost has been derived from the law of the transfer, so as to determine the income is an important factor in the cost and the historical cost. This approach periodically revised future plans based on the implementation of the plan and changes in the environment, and moved forward over the period to integrate short-term and medium-term plans organically. As it is difficult to accurately predict the future of the plan work affect organizational survival and the development of economy, politics, culture, technology, industry, customers and other factors change, and as the extension of planning period, the uncertainty is greater and greater. Therefore, the implementation of a planned implementation of a mechanical, or mechanical, and static execution of a strategic plan by a number of years ago may result in significant errors and losses. Rolling planning can avoid the consequences of this uncertainty. The specific approach is to make plans in a very short and thin way.