Opening and Closing necessity in any jurisdiction

[Colin Law]

On 21 December 2014 at 23:01, David Carlson <david.carlson.417 at gmail.com> wrote:
> ..
> My point was intended to be that you are painting with a very broad
> brush to declare that nobody needs to close their books at the end of
> their accounting year.  It is not wise to make declarations that you
> cannot back up by citing facts if challenged.  So far you have refused
> to cite any reference whatsoever.

There is no possible way of proving that nobody needs to close their
books.  It is only possible to /disprove/ this by providing evidence
that /somebody/ needs to close their books.  The onus is on those who
believe the latter to find an example.  Otherwise, by default, the
suggestion that nobody needs to close their books must be accepted.

Colin