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Financial Statement

Create a custom Financial Statement Template 2009 that meets your industry’s specifications.

What a Financial Statement does

A Financial Statement records a person’s or organization’s financial position for a specific legal, lending, tax, or business purpose. It usually organizes assets, liabilities, income, expenses, and supporting details so an authorized reviewer can assess financial condition. The exact fields depend on the issuing organization or transaction; there is no single nationwide Financial Statement form. In signNow, upload the document, review detected fields, route it to signers, and retain the completed copy with its audit trail. Confirm any required format or deadline with the requesting agency, lender, court, or business.

Who uses a Financial Statement

Financial Statements serve different reviewers, so the sender should match the workflow to the document’s purpose and requested information.

  • Solo accountants use a Financial Statement to collect a client’s organized income, asset, liability, and expense information before preparing a lending, tax, or business submission.
  • Small-business finance teams route owner and officer signatures through signNow, preserving the completed Financial Statement and audit trail for lenders, investors, or transaction reviewers.
  • Enterprise legal, finance, and compliance departments use controlled templates and delegated sending when multiple business units must complete Financial Statements under an internal approval process.

These tasks are executed by both individual contributors and centralized administrators depending on organizational policy and required controls.

Complete a Financial Statement online

Use this signNow workflow to prepare, route, sign, and retain a Financial Statement with a clear audit trail.

  • Upload the form:

    Upload the Financial Statement and let signNow detect fillable fields.
  • Check fields:

    Review detected fields, then add missing signer, date, and financial-data fields.
  • Assign signers:

    Assign each Financial Statement section to the responsible signer.
  • Send and track:

    Send the completed request and monitor status from the signNow dashboard.

Recommended Financial Statement setup

Use a controlled signing workflow that protects financial information and preserves evidence of signer intent.

SettingRecommendation
Authentication methodEmail link with SMS OTP for sensitive statements
Signature typeTyped or drawn signature with signer intent
Audit trailRetain completion certificate and action history
Document retentionFollow the requesting authority’s retention rule
EncryptionTLS 1.2 or 1.3 and AES-256 at rest
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When an electronic signature is valid

For a business Financial Statement, an electronic signature can carry the same legal effect as a handwritten signature when the signer intends to sign, consents to electronic records, can be identified, and the record remains reproducible. The federal ESIGN Act, 15 U.S.C. ch. 96, and applicable state law, including UETA or New York ESRA, provide the framework. ESIGN exceptions include wills, court orders, and certain family-law documents.

Why teams look for DocuSign alternatives

Features for Financial Statement workflows

signNow organizes Financial Statement preparation, signer routing, authentication, and recordkeeping around the information reviewers need.

Field detection

Upload an existing Financial Statement and review signNow’s detected fields before routing the document. This reduces manual placement work while keeping the signer’s financial entries visible for review.

Role assignment

Assign income, asset, liability, and signature fields to specific participants so each person completes only the Financial Statement sections relevant to them.

Remote signing

Collect signatures through a web or mobile workflow while preserving the completed Financial Statement as an electronic record for authorized reviewers.

Audit trail

Use the audit trail to document signer actions, timestamps, and the signing sequence associated with the completed Financial Statement.

Signer authentication

Use SMS OTP or another configured authentication method when the Financial Statement contains sensitive income, asset, or debt information.

Secure storage

Store the signed Financial Statement and completion evidence together so later reviewers can reproduce the executed record and its signing history.

Find and fill out the correct financial statement form

airSlate SignNow helps you fill in and sign documents in minutes, error-free. Choose the correct version of the editable PDF form from the list and get started filling it out.

VersionsForm popularityFillable & printable
*2009 Personal Financial Statement [2009-06-12] 20094.8 Satisfied (2821 Votes)

Protecting Financial Statement signatures

Signer authentication:

Email or SMS identity confirmation

Two-factor authentication:

Two-factor authentication for sensitive data

SMS OTP:

SMS one-time passcodes

Identity verification:

Optional identity verification controls

Digital certificates:

PKI and X.509 certificate support

Signing evidence:

Audit history supports signature evidence

Financial Statement retention schedule

Retention depends on why the Financial Statement exists and which records it supports. Apply the rule tied to the underlying transaction.

01

Three years — tax records

Retain tax-related financial records for three years from filing under IRC §6501(a).
02

Six years — major understatement

Retain records for six years when 25% or more income was understated under IRC §6501(e).
03

Six years — HIPAA records

Retain healthcare-related records for six years from creation or last effective date under 45 CFR §164.530(j).
04

Six years — broker-dealer records

Retain broker-dealer books and records for six years under 17 CFR §240.17a-4.
05

Seven years — audit records

Retain Sarbanes-Oxley audit records for seven years under 15 U.S.C. §7245.

Best practices for Financial Statement records

Accurate preparation and disciplined retention help preserve the Financial Statement as a usable business record.

Confirm the requesting party’s requirements

Ask the requesting lender, agency, court, or business which Financial Statement version, reporting period, supporting documents, and retention rule apply before collecting signatures. A generic template may omit fields required for the underlying transaction.

Verify every financial figure

Review every asset, liability, income, and expense entry against the source records before sending. Verify names, dates, reporting periods, totals, and attachments because signNow preserves the signed content rather than determining whether financial figures are accurate.

Archive the statement and audit trail

Export the completed Financial Statement and its signNow audit trail together. Store access-controlled copies according to the underlying tax, healthcare, broker-dealer, or corporate-record rule, and document any later correction with a new signing event.

Document electronic-record consent

For a consumer-facing Financial Statement, provide the electronic-record disclosure required by ESIGN, 15 U.S.C. §7001(c), including paper-record access, electronic-access capability, and consent-withdrawal procedures where applicable.

Financial Statement preparation challenges

  • Leaving asset, liability, income, or expense fields blank can prevent the reviewer from evaluating the Financial Statement.
  • Entering figures without the requested period or supporting records can make the Financial Statement difficult to verify.
  • Sending the statement to the wrong signer can weaken attribution and delay approval of the financial information.
  • Saving the signed statement without its completion certificate can make later review of the signing event more difficult.

Risks from incomplete statements

Reviewer delay

Missing fields

Inaccurate assessment

Wrong reporting period

Evidence weakness

Unattributed signature

Record challenge

Lost audit trail

Financial Statement troubleshooting

Resolve signing, authentication, compliance, and plan questions before the Financial Statement reaches its reviewer.

signNow’s Business plan supports templates, audit trails, mobile apps, and legally binding eSignatures. Upload the Financial Statement, review detected fields, and add any missing asset, liability, or signature fields before sending.

Business Premium includes bulk send, which is useful when the same Financial Statement must be distributed separately to multiple recipients. Each recipient’s completed record and audit trail should still be reviewed individually.

For a Financial Statement containing protected health information, signNow identifies HIPAA compliance as requiring a business associate agreement. Confirm the BAA and your organization’s controls before sending PHI.

The signNow audit trail records the signing event and document history. For evidence under ESIGN and UETA, also preserve signer intent, electronic-record consent, attribution, and the ability to reproduce the completed Financial Statement.

If fields are detected incorrectly, compare every field with the original Financial Statement before sending. Correct labels, signer assignments, and required fields manually so income, asset, and liability information reaches the right reviewer.

Business pricing is $8 per user per month when billed annually, while Business Premium is $15 and Enterprise is $30. Each subscription plan includes 100 signature invites per user annually; confirm overage terms before high-volume use.

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Key performance indicators that demonstrate SignNow's proven track record.

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