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CAs can now electronically sign audit reports and certificates.
CAs can now electronically sign audit reports and certificates.
Auditing and Assurance Standards Board of The Institute of Chartered accountants has allowed their chartered accountants to electronically sign the audit reports, attestations and certificates they issue. CA should mention UDIN on electronically signed documents as they mention in the manually signed documents. Same UDIN provisions apply to both types of signatures.
AASB has announced that CAs can immediately start signing reports, attesting documents, certifying documents electronically.
Electronic signatures mean digital signatures.
AASB has announced the announcement under para 46 and paragraph A57 of SA700.
AASB announcement is in complete sync with Information Technology Act, 2000 and Indian Evidence Act, 1872 and aptly timed.
Section 4 and 5 of IT Act gives legal recognition to the electronic records and electronic signatures.
Section 3 of the Indian Evidence Act includes electronic records as documentary evidence.
Section 67A accepts secure electronic signature as proof.
CAs are partners in nation building.
By permitting its members to sign electronically AASB has concretised its redoubtable nation supportive motto.
Pandemics will come and go - we will support National activities everytime, anytime.
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