Description

In a Frequently Asked Questions (FAQs) issued by Institute of Chartered Accountants of India ( ICAI ) Unique Document Identification Number (UDIN) said that, Chartered Accountants ( CA ) are not authorised to certify Income Tax Return (ITR) as True copy. … UDIN is not required for certified true copies.

A certified financial statement has been audited for accuracy by an independent accountant. A compiled statement may provide investors with useful information but it has not been audited. The quarterly and annual reports issued by public companies are certified financial statements.

Thus all the member including those not holding COP can use the designation Chartered Accountant, but not in addition to anyother qualification. However, if a member who is not in practice and not holding COP and does not use the designation of a Chartered Accountant may use any other description.