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Sunday, February 17, 2019

ICAI made UDIN mandatory for member CAs From January 1, 2019, all paperwork for clients will need to show UDIN of the chartered accountants.

accountant-BCCL

The Institute of Chartered Accountants of India (ICAI) has made it mandatory for its members to get a unique document identification number, or UDIN, a move to identify and weed out fake chartered accountants. 

From January 1, 2019, all paperwork for clients need to show UDIN of the chartered accountants. 

It had been noticed that financial documents and certificates were being attested by people who were posing as CA members and were misleading the authorities and stakeholders.

“To curb the practice, ICAI  asked all our members to register for UDIN,” .

Chartered accountants can get their UDIN number through the institute’s portal.The Institute of Chartered Accountants of India has also made it mandatory for chartered accountants to register all certificates issued by them with the UDIN portal, which can be verified by users and stakeholders. 

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