Opening and Closing necessity in any jurisdiction

[Colin Law]

On 23 December 2014 at 07:29, Chris Bester <chrisbester at cybersmart.co.za> wrote:
> Colin
> Your reply to David Carlson is  a rather distorted way of arguing

It is not.
It is the same argument as asking someone to prove there is no god.
It may be possible to prove that there /is/ a god, but it is a logical
impossibility to prove that there is /not/.

> "Closing Books" plain "Best Accounting Practice" that is all - Plain Best
> Accounting Practice- read the internet on accounting practices and closing
> of books.

There is a distinction between what some may consider to be best
practice, from the days before computerised systems, and a regulatory
need, which I thought is what we were talking about.

Colin


> Chris
>
> -----Original Message-----
> From: gnucash-user
> [mailto:gnucash-user-bounces+chrisbester=cybersmart.co.za at gnucash.org] On
> Behalf Of Colin Law
> Sent: 22 December 2014 11:06 AM
> To: David Carlson
> Cc: gnucash-user at gnucash.org
> Subject: Re: Opening and Closing necessity in any jurisdiction
>
> 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
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>