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Why do some balance sheets of big firms are not balanced?

Financial Management Balance Finance Finance Management Balance Sheets Banking &amp Finance
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Question added by Siham Amer , Financial Analyst , Noor Al Hikmah Group
Date Posted: 2018/11/12
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Asim Rabbani
by Asim Rabbani , Assistant Manager Finance , Tamimi Global Co.Ltd

There are some certain mistakes which causes the difference in balance sheet which shows assets and liablilites of the firm.Below are the most common things due to which difference exist.

Exchange Rate Difference

Inventory Evaluation

Wrongly Entered Transactions

Most common wrong calculation of equity

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