The California Net Worth Short Form Statement is a financial statement used to provide an overview of an individual's financial position. It is a summary of the individual's assets, liabilities, and net worth. It is used by creditors, lenders, and other financial institutions to make decisions about making loans and investments. The California Net Worth Short Form Statement can be used to help individuals identify their financial strengths and weaknesses, and to make more informed financial decisions. There are two types of California Net Worth Short Form Statements: one for individuals and one for businesses. The individual version includes information on income, assets, liabilities, and net worth, while the business version includes business income, revenues, expenses, liabilities, and net worth. Both versions provide a snapshot of an individual's or business' financial situation.