Use of DSC for signing audit reports and certificates
Audit report can be digitally signed! Yes, the members of ICAI may use electronic signature for signing audit reports, all reports issued pursuant to any attestation engagement and certificates. The Information Technology Act, 2000 (“IT Act 2000”) outlines the use of electronic signatures for authenticating electronic records.
Section 2(ta): Definition of electronic signature
Section 3A: Electronic signature
Section 4: Legal recognition of electronic records
Section 5: Legal recognition of electronic signatures
Additionally, the Indian Evidence Act, 1872 includes relevant provisions:
Section 3: Interpretation clause
Section 47A: Opinion regarding digital signatures where relevant
Section 67A: Proof of electronic signature
From these provisions, it is clear that both the IT Act 2000 and the Indian Evidence Act, 1872, allow the use of electronic signatures for authenticating various documents. The IT Act 2000 also specifies conditions that must be met for an electronic signature to be considered reliable.
Therefore, members of the Institute of Chartered Accountants of India (ICAI) can use electronic signatures for signing audit reports, reports related to any attestation engagements, and certificates. However, they must ensure full compliance with all requirements related to signatures as specified in the relevant laws , Standards on Auditing, and any relevant ICAI announcements or clarifications, including the requirement to mention the Unique Document Identification Number (UDIN).
Read here announcement by ICAI allowing members to sign audit report with DSC:
https://resource.cdn.icai.org/59024aasb48128.pdf