Saln form 2025

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The document is a Sworn Statement of Assets, Liabilities, and Net Worth required by R.A. 6713 for public officials and employees. It outlines the process for declaring assets, liabilities, net worth, business interests, financial connections, and relatives in government service. The statement can be filed jointly or separately by spouses and includes detailed sections for real and personal properties, liabilities, and business interests.

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What are assets liabilities and net worth?

How to Calculate Net Worth. Net worth is calculated by subtracting all liabilities from all assets. An asset is anything owned that has monetary value. Liabilities are obligations that deplete resources.

What is the saln form?

The SALN shall contain a true and complete declaration of assets, liabilities and net worth, including a disclosure of business interests and financial connections of the declarant, his/her spouse and unmarried children below eighteen (18) years of age living in his/her household.

What is the SALN in accounting?

What is the SALN? It is the statement of assets, liabilities and net worth, and the disclosure of financial connections or business interests and identification of relatives within the fourth degree of consanguinity or affinity.

How many copies of a saln to be submitted?

They are required to submit four (4) original signed copies of their duly accomplished SALN Forms as of 31 December of the preceding year on or before 30 April of every year thereafter, to the Human Resource Unit, Human Resource and Administration Department, for evaluation of the PhilGuarantee Review and Compliance

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