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Texas Ethics Commission. O. Box 12070Austin,Texas 787112070(512)4635800(TDD 18007352989)PERSONAL FINANCIAL STATEMENTFORM PFS
COVER SHEET
PAGE1
TOTAL NUMBER OF PAGES FILED:Filed in accordance with
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How to fill out personal financial statement 2013
How to fill out personal financial statement 2013
01
Gather all necessary financial documents such as bank statements, tax returns, and investment account statements.
02
List all assets including real estate, vehicles, retirement accounts, and personal possessions with their corresponding values.
03
Calculate total liabilities including mortgage balances, credit card debts, and any other outstanding loans.
04
Subtract total liabilities from total assets to determine net worth.
05
Include income sources such as salaries, bonuses, and investment income.
06
List all expenses including rent, utilities, groceries, and other regular payments.
07
Calculate total income and subtract total expenses to determine cash flow.
08
Ensure all information is accurate and up to date before submitting the personal financial statement 2013.
Who needs personal financial statement 2013?
01
Individuals applying for loans or mortgages.
02
Entrepreneurs seeking investors or business partners.
03
Anyone looking to track their financial status and set financial goals.
04
Individuals going through a divorce or legal matter requiring financial disclosure.
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What is personal financial statement?
A personal financial statement is a document that outlines an individual's financial situation, including assets, liabilities, income, and expenses.
Who is required to file personal financial statement?
Certain individuals, such as public officials, government employees, and candidates for political office, are required to file a personal financial statement.
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 accurately report this information on the designated form.
What is the purpose of personal financial statement?
The purpose of a personal financial statement is to provide transparency and accountability regarding an individual's financial situation, particularly for those in positions of public trust.
What information must be reported on personal financial statement?
On a personal financial statement, individuals must report details about their assets, such as real estate, investments, and vehicles, as well as their liabilities, income, and expenses.
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