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PERSONAL FINANCIAL STATEMENT As of, HAWAII GREEN INFRASTRUCTURE AUTHORITY (HIA) Complete this form for: (1) each proprietor, or (2) each general partner, or (3) each individual with 20% or greater

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How to fill out personal financial statement

01

Gather all necessary financial documents such as bank statements, investment statements, pay stubs, tax returns, and bills.

02

List all your assets such as cash, real estate, vehicles, investments, and retirement accounts.

03

Calculate your total assets by adding up the value of each asset.

04

List all your liabilities such as loans, credit card debt, and mortgages.

05

Calculate your total liabilities by adding up the amount you owe on each liability.

06

Calculate your net worth by subtracting your total liabilities from your total assets.

07

Organize the information in a clear and concise manner on a personal financial statement form.

Who needs personal financial statement?

01

Individuals applying for loans or mortgages

02

Small business owners seeking investors or loans

03

Those planning for retirement

04

Anyone looking to track and improve their financial health

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What is personal financial statement?

A personal financial statement is a document that outlines an individual's financial position, including assets, liabilities, and net worth.

Who is required to file personal financial statement?

Certain public officials, such as politicians and government employees, are typically required to file personal financial statements.

How to fill out personal financial statement?

To fill out a personal financial statement, individuals must gather information on their assets, liabilities, income, and expenses, and then organize this information into the required format.

What is the purpose of personal financial statement?

The purpose of a personal financial statement is to provide a snapshot of an individual's financial health and to disclose any potential conflicts of interest.

What information must be reported on personal financial statement?

Typically, personal financial statements require reporting on assets such as bank accounts, investments, real estate, and personal property; liabilities such as loans and mortgages; and income from various sources.

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