Way
back in July 2010, Indian Banks Association (IBA) had submitted a request to ‘The
Institute of Chartered Accountants of India’, seeking a foolproof procedure for
verification of attestations on financial statements submitted by borrowers, at
the level of bank branches, which is simple and easy to administer.
This
is still pending and hopefully in the NaMo era, this will be taken up by ‘The
Institute of Chartered Accountants of India’, to its logical conclusion.
ICAI
has introduced an optional feature to ensure the authenticity of various
statements and documents being certified / attested by Chartered Accountants.
This optional
feature is known as Unique Document Identification Number. The details of the
scheme can be read here.
UDIN
is a maximum 32 character Unique Document Identifcation Number which will be
issued to every document certified/attested by a Chartered Accountant and
registered with the Institute of Chartered Accountants of India (ICAI).
No comments:
Post a Comment