The UDIN was introduced in 2019 to curb the malpractices of certification by non-CAs by impersonating themselves as CAs. It also helps to secure the certificates/reports/documents attested/certified by practicing CAs. This will also enable the Regulators/Banks/Third parties to check the authenticity of the certificates/reports/documents.
The UDIN is mandatory for the following documents:
* All certificates
* GST and Income Tax Audit
* All Audit and Assurance Functions
* Balance Sheet (in case the financial statements are subject to statutory audit)
The UDIN is a secure and reliable way to identify documents certified/attested by CAs. It helps to protect stakeholders from fraudulent documents and ensures the authenticity of the documents.
Here is the format of the UDIN:
```
YY-MMMMM-ZZ-NANANANAN
```
* YY: Last two digits of the current year
* MMMMM: Membership number of the CA
* ZZ: Code for Ministry
* NANANANAN: Alpha-numeric random number generated by the system
For example, the UDIN for a document certified/attested by a CA with membership number 1234567890 in the Ministry of Corporate Affairs in the year 2023 would be:
```
23-1234567890-01-ABCDEFGH
```
The UDIN can be found on the UDIN portal or on the document itself. The UDIN is a valuable tool for stakeholders to verify the authenticity of documents certified/attested by CAs.
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