As a result, they have a direct incentive to paint a rosy picture of the company's financial condition in order to meet established performance expectations and bolster their personal compensation.

SBA Form 413, formally titled “Personal Financial Statement,” is a document that the U.S. Small Business Administration uses to assess the creditworthiness and repayment ability of its loan ...

Assessing your financial situation can help you understand your options for creating a steadfast financial future. To outline your finances, a personal financial statement can provide an overview ...

The Supreme Court held that a statement regarding a specific asset can be a “statement respecting the debtor’s . . . financial condition” under Section 523(a)(2)(B) of the Bankruptcy Code.

Evaluating your personal financial statements regularly is a smart way to gain insight into your financial health. If you’re facing a negative cash flow or want to boost your net worth, ...

The best way to make the most of your money is to understand how you earn, spend and save. One of the best tools for this is a personal financial statement listing all the relevant information.