Certificate issuance is a solemn responsibility of Chartered Accountants (CAs), and following the ICAI certificate issuance checklist will avoid legal action. Here is a quick reference guide so that your certificates are in compliance:
Why CA Certificates Matter
Certificates issued by CAs are often required for tax filings, loans, and compliance. Mistakes can result in penalties, cancellation of UDIN, or legal actions.
ICAI Certificate Issuance Checklist
- Format: Use ICAI-approved or client-defined formats.
- Name & Membership No.: Enter your name, membership number, and FRN as required.
- Date & Place: Enter date and place of issue.
- Create UDIN: Create a UDIN within 15 days from the date of issue.
- Subject Matter Disclosure: Identify subject, e.g., turnover or net worth.
- Maintain Working Papers: Preserve evidence for 7 years.
- Self-Verification: Re-check figures against audited records.
- Signature & Stamp: Hand-signature or DSC, stamped with your rubber stamp.
Common Mistakes to Avoid
- Not verifying client books.
- Not creating UDIN or incorrect dates.
- Usage of pre-signed blank certificates.
- Certification of unaudited information without disclaimers.
Legal Considerations
Since 2019, CAs have to include a UDIN on every certificate. It’s not optional. Keeping thorough records isn’t just good practice—it protects you if there’s ever a dispute or penalty down the line.
Stay Compliant, Stay Protected
Using this checklist keeps your certificates up to ICAI standards. That means you’ll avoid legal issues and keep your clients’ trust intact. Just follow the rules and you’re covered.
Also Check: ICAI Campus Placement August 2025
