CA NeWs Beta*: ICAI’s new initiative to trace fake chartered accountants

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Sunday, October 7, 2018

ICAI’s new initiative to trace fake chartered accountants

The Institute of Chartered Accountants of India ( ICAI ) has asked its members to register with its new venture, ie., Unique Document Identification Number to trace out the fake Chartered Accountants.
“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,” ICAI said in an announcement.
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 011–30110411/444 or email at udin@icai.in .

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