Net worth of an individual or an Enterprise is the total assets of the individual or Enterprise less total liabilities. Net worth thus gives a good indication of the total financial worth of a person at a point in time. Positive net worth that is growing year on year shows good financial health; conversely, a negative net worth or net worth decreasing year on year shows poor financial health. Net worth is used as an indicator of financial health in various processes.

Net worth certificate is a document that is compiled and certified usually by a Chartered Accountant taking into consideration all the assets and liabilities of the individual or Enterprise. Net worth Certificate maybe required as a part of an application for the decision maker to gauge the financial health of the applicant. Net worth certificate from a Chartered Accountant is commonly required as a part of visa application, bank loan application, franchisee application and more. Want to obtain a net worth certificate? An IndiaFilings Business Expert can help you obtain a Net Worth Certificate from a Chartered Accountant near you.