An auditable pack: what the bank wants before the facility
Why does a bank sometimes reject financial statements even when they've already been prepared?
The most common answer: because the statements were prepared apart from the daily journals, so a mismatch between a figure on the statement and the matching figure in the books surfaces the moment a bank analyst or auditor reviews it — enough to stall the request and trigger a round of clarifications, even when the final number is correct in principle.
UAE banks ask for statements, ratios, and often an audit opinion. If the pack is prepared apart from the journals, the first reviewer question exposes the split.
RASEEKH's method: books, then IFRS statements and budgets, then audit on the same source. That shortens the bank cycle and keeps the file defensible.