ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications...

15
A Way to Secure Documents ICAI UDIN (Unique Document Identification Number)

Transcript of ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications...

Page 1: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

A Way to Secure Documents

ICAI – UDIN

(Unique Document Identification Number)

Page 2: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

It has been noticed to the Institute that financial

documents/certificates attested by third person

misrepresenting themselves as CA members are

misleading the authorities and stakeholders.

To curve 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 CAs. This will

enable the Regulators/Banks/third parties to

check the authenticity of the documents.

ICAI - UDIN | Introduction

Page 3: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

Unique Document Identification

Number (UDIN) is a unique number,

which will be generated by the

system for every document

certified/attested by Practising

Chartered Accountants and

registered with UDIN System

ICAI - UDIN | Introduction

Page 4: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

ICAI - UDIN | Introduction

Page 5: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

ICAI - UDIN | Introduction

Page 6: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

ICAI - UDIN | Introduction

It has been decided to make UDIN

mandatory with effect from 1st Feb., 2019 in

phased manner by making all

Certifications done by Practising

Chartered Accountants mandatory w.e.f.

1st Feb., 2019 while all GST & Tax Audit

Reports and all other attest functions will

be made mandatory on later stage.

Page 7: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

WHO CAN ACCESS THE PORTAL

Only Full Time Practicing CAs

can register on the UDIN

portal and can generate

UDIN.

ICAI - UDIN | Introduction

Page 8: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

ICAI - UDIN | Introduction

The UDIN format will be 18 digits :

YYMMMMMMNNNNNNNNNN

YY - Current Year last 2 digits

MMMMMM – 6 Digit Membership No.

NNNNNNNNNN – 10 Digit random alpha numeric number generated by the system which is unique.

ex. 19080108AKTSBN1359

ALGORITHM OF UDIN

Page 9: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

Portal available on https://udin.icai.org

Member Sign up for Ist time register

Member Login by Six digit Membership Number and Password

Generation of UDIN

Print UDIN as water marked/Revoke UDIN

ICAI - UDIN | Introduction

FLOW OF UDIN SYSTEM

Page 10: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

For generating UDIN the following process to be followed:

1. Go to the link https://udin.icai.org and “Login” the UDIN

account

2. Click “Generate UDIN”

3. Enter details such as

Document type -It will be limited to 15 to 50 characters & here

members have to enter the description and the purpose of the

document,

Date of Document- Here members will specify the date of

issuing the document.

Keywords/Values-Here members will enter the key words/

values from the document for which UDIN is being generated.

In case of Figure in Key value, members have to specify the

description of such figure

ICAI - UDIN | Introduction

PROCESS OF GENERATION OF UDIN

Page 11: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

4) Then click the button “Send OTP”. Enter OTP received and your

UDIN is ready to use.

UDIN can be generated 15 days post issuing the document.

A notification – SMS and Email would be sent to Members after

generation of UDIN.

ICAI - UDIN | Introduction

PROCESS OF GENERATION OF UDIN

Page 12: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

UDIN that generated can be as watermarked on

document(s) else the UDIN can also be mentioned on

the document(s) by using a pen.

ICAI - UDIN | Introduction

DISPLAY OF UDIN ON CERTIFICATE

Page 13: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

Revoke facility is available.

To revoke Member has to fill narration

the reason.

Hence, if any user search for this UDIN,

appropriate narration indicated by

Member with the date of revoke will be

displayed for reference.

ICAI - UDIN | Introduction

REVOKE CERTIFICATE

Page 14: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

The Regulators/Banks/third parties can Go to the link https://udin.icai.org

At Search UDIN option, mention the UDIN number of the

certificate/document to be verified, details of the document will

appear.

In case document is revoked, System generated email/SMS will be

sent to the Regulators and third parties who have already viewed the

documents so that they can be aware about the revocation of

documents.

ICAI - UDIN | Introduction

SEARCH CERTIFICATE

Page 15: ICAI ² UDINpuneweststudycircle.com/.../2019/02/doc_seminar_2019_01_27_UDI… · Certifications done by Practising Chartered Accountants mandatory w.e.f. 1 st Feb., 2019 while all

Professional Development Committee The Institute of Chartered Accountants of India

ICAI Bhawan, Indraprastha Marg, Post Box No. 7100, New Delhi – 110 002

THANK YOU