UDIN to be made mandatory forpracticingwith effect from 1st January 2019

UDIN to be made mandatory forpracticingwith effect from 1st January 2019

UDIN to be made mandatory forpracticingwith effect from 1st January 2019 : As per announcement of Professional Development Committee of ICAI

authorCA Deepak GuptadateOct 10, 2018
Last update on Oct 10, 2018

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UDIN to be made mandatory forpracticingwith effect from 1st January 2019 : As per announcement of Professional Development Committee of ICAI

UDIN to be made mandatory forpracticingwith effect from 1st January 2019

It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and stakeholder. ICAI is also receiving number of complaints of forged signatures. To curb the malpractices, the Professional Development Committee of ICAI has implemented an innovative concept of UDIN i.e. Unique Document Identification Number to secure the certificates/ documents attested/certified by practicing Chartered Accountants which will be made mandatory with effect from 1st January, 2019. Full time Practicing CAs can register them by visiting at https://udin.icai.org/ and generate UDIN by registering the certificates/documents attested/certified by them. To generate UDIN, Members are required to provide only 3-5 key fields of the certificate/ document which is being attested and there is no need to upload it. Through UDIN and the key fields as mentioned by CAs, the Regulators/Banks/third parties will be able to check the authenticity of the documents/reports/certificate. Further, this portal would help in tracing forged/wrong documents prepared by any third person misrepresenting himself as a Chartered Accountant, as any person other than Chartered Accountant will not be able to upload the documents. For Process and related Frequently-Asked Questions, please visit https://udin.icai.org/ . For any other further assistance/clarification, you may reach us at 01130110411/444 or email at [email protected] . MEMBERS ARE ADVISED TO REGISTER THE DOCUMENTS CERTIFIED BY THEM & GET THESE SECURED.  

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