Auditing and Assurance Standards Board of ICAI has made announcement to its members regarding Use of Electronic Signature for Signing Audit Reports and Certificates.
In brief following are contents of announcements:
Information Technology Act, 2000 (“IT Act 2000”) contains provisions regarding the use of electronic signature for the authentication of electronic records
Members of ICAI may use electronic signature for signing audit reports, all reports issued pursuant to any attestation engagement and certificates.
However, the members need to ensure compliance with all the requirements relating to signature prescribed in the relevant law or regulation, Standards on Auditing and relevant announcements/ clarifications issued by ICAI on the matter including the requirement to mention UDIN.
Note : requirement to mention UDIN is applicable both for manually and digitally signed reports/certificates including certificates uploaded online.