Country: Philippines                          
Title:    Guidelines on the Filing of Statement of Assets,
          Liabilities & Networth and Disclosure of Business Interests
          and Financial Connections Pursuant to RA No. 6713
Author:            Lourdes R. . Quisumbing, Secretary, DECS.  
Institution:       DECS
Citations:         DECS Order No. 56, s. 1989 and DECS Order No. 53,
                   s. 1989.  
Descriptors:       Citizenship responsibility; Civil servants.  
Full text: To enhance and give full meaning that a public office is a
  public trust, and those holding public positions shall at all times
  be accountable to the people, and as a policy of the State to
  promote a high standard of ethics in public service, and to keep
  faith with his commitment to the Filipino people, these guidelines
  as regards the requirements for public disclosures by all officials
  and employees of the Department are hereby issued.

  1.  Coverage - Every official and employee, except those who serve
  in an official honorary capacity, without service credit or pay,
  temporary laborers and casual or temporary and contractual workers,
  shall file under oath their statement of assets, liabilities and
  networth and a disclosure of business interests and financial
  connections including those of their spouses and unmarried children
  under eighteen (18) years of age living in their households, in the
  prescribed form.

  2.  Contents of Statement:  The Statement of Assests and
  Liabilities and Networth shall contain information on the
  following:

  a.  real property, its improvements, acquisition costs, assessed
  value, and current fair market value;

  b.  personal property and acquisition costs;

  c.  all other assets such as investments, cash on hand, or in
  banks, stocks, bonds and the like; and

  d.  all financial liabilities, both current and long-term.

  The Disclosure of Business Interests and Financial Connections
  shall contain information on any existing interests in, or any
  existing connection with any business enterprises or entities,
  whether as proprietor, inventor, promoter, partner, shareholder,
  officer, managing director, executive, creditor, lawyer,legal
  consultant, or adviser, financial or business consultant,
  accountant , auditor and the like, the names and addresses of the
  business enterprises or entities, the dates when such interests or
  connections were established, and such other details as will show
  the nature of the interests or connections.

  3.  When to file:  The Statement of Assests and Liabilities and
  Networth and the Disclosure of Business Interests and Financial
  Connections, both of which shall be under oath must be filed:

   a.  within thirty (30) days after assumption of office, statements
  of which must be reckoned as of first day of service;

  b.  on or before april 30 of every year thereafter, statements of
  which must reckoned as of the end of the preceding year; or

  c.  within thirty (30) days after seperation from the service,
  statements of which must be reckoned as of his last day of office.

  All Statement of Assests and Liablities and Networth, as of
  December 31, 1988, of officials and employees, now on file with
  their respective agencies shall constitute sufficient compliance
  with the requirements of RA 6713 and they shall be required to
  accomplish and file the new form as prescribed in these Rules on or
  before April 30, 1990, and every year thereafter.

  Married couples who are both public officials or employees may file
  the required statements jointly or separately.

  4.  Where to file:  The Statement of Assests, Liabilities and
  Networth and the Disclosure of Business Interests and Financial
  Connections shall be filed by the:

  a.  with the Office of the President: for national executive
  officials such as members of the Cabinet, Undersecretaries, and
  heads of state colleges and universities;

  b.  with the Deputy Ombudsman in their respective regions: for
  regional officials and employees, including those of state colleges
  and universities;

  c.  with the Civil Service Commission: for all other officials and
  employees defined in Republic Act No. 3019, as amended.