Announcement - Unique Document Identification Number (UDIN)
July, 10th 2018
ANNOUNCEMENT Unique Document Identification Number (UDIN)
It has been observed that at many instances financial statements and documents are being certified/attested by third persons in lieu of our CA members. These statements misleads various authorities/other stake holders who rely upon them.
To address above, an innovative concept of Unique Document Identification Number (UDIN) has been conceptualized and developed by Professional Development Committee of ICAI which was also being demanded by various regulators. UDIN is a unique number, which will be generated for every document certified/attested by Practising Chartered Accountants and registered with the UDIN portal. The portal is available at https://udin.icai.org/.
Accordingly, the Council at its 374th meeting decided to implement UDIN, therefore it has been made recommendatory with effect from 01st July, 2018, and later on it would be made mandatory.
The portal offers the facility to various Regulators/Banks/Authorities/Other Stakeholders to check the authenticity of the documents certified by Practicing Chartered Accountants who have registered on the said portal. It would help them in tracing of forged/wrong documents prepared by any third person in the name of Chartered Accountant, as a person other than Chartered Accountant will not be able to upload the documents on this portal.