A networth certificate by ca format word is a document prepared and signed by a practicing Chartered Accountant in India that states a person’s or company’s net worth on a given date. People need it for visa applications, loans, tenders and investor requirements. Below is a clean structure you can copy into Word, but remember that the content must be verified by the CA, who is responsible for the certification.
Table of Contents
What a net worth certificate is
It is a statement of assets minus liabilities as on a specific date, certified by a CA based on documents such as bank statements, property papers, investment statements and loan records. The certificate does not guarantee the figures beyond what the CA has verified. Because it is a professional certification, it must be signed by a practicing CA with a membership number and should carry a UDIN, the Unique Document Identification Number that the Institute of Chartered Accountants of India requires for certifications.
Copy-ready networth certificate by ca format word
Paste the following into a Word document, replace the bracketed items and let your CA review the layout and wording:
[CA FIRM LETTERHEAD]
NET WORTH CERTIFICATE
This is to certify that [Full Name], son/daughter of [Father’s Name], holder of PAN [PAN], residing at [Address], has a net worth as on [Date] as stated below, based on the information, documents and explanations provided to us and the books and records examined by us.
A. Assets
1. Immovable property (details, location, estimated value): INR [amount]
2. Bank balances (bank, account number last four digits, balance): INR [amount]
3. Investments in shares, mutual funds, bonds: INR [amount]
4. Fixed deposits and other deposits: INR [amount]
5. Insurance (surrender value, if relevant): INR [amount]
6. Vehicles: INR [amount]
7. Gold, jewelry and other valuables: INR [amount]
8. Loans and advances given: INR [amount]
Total assets: INR [amount]B. Liabilities
1. Home loan outstanding: INR [amount]
2. Other loans: INR [amount]
3. Credit card and other dues: INR [amount]
Total liabilities: INR [amount]C. Net worth (A minus B): INR [amount]
This certificate is issued at the request of [Name] for the purpose of [purpose] and is based on the documents produced to us. We have not carried out an audit.
For [Firm Name], Chartered Accountants
Firm Registration No.: [FRN]
[CA Name], Partner/Proprietor
Membership No.: [number]
UDIN: [UDIN]
Place: [city] Date: [date]
What the CA will check
- Identity and PAN details.
- Bank statements and balances on the stated date.
- Property documents and a reasonable basis for valuation.
- Investment statements from brokers or fund houses.
- Loan statements for liabilities.
Valuation is the part that needs judgement. The CA may use registered values, valuer reports or market data, and should say which basis was used.
Tips for a smooth process
- Choose a date, such as the last day of a month or financial year, and gather documents for that date.
- Use consistent currency and units, and state whether values are market or book values.
- Check what the receiving party wants: some embassies, banks and tenders have their own formats.
- Ask for the certificate on letterhead with a UDIN and sign-off.
- Keep supporting documents ready in case the receiving party asks.
What not to do
Do not edit figures after the CA has certified them, and do not use a template without a CA’s signature. A certificate without verification is not valid and may be treated as misrepresentation. If you do not need a formal certificate, a self-declaration of net worth is a different document, and you can build one with our guide on how to calculate net worth.
Related reading
For how net worth is defined, see what net worth is based on, and for companies, see our explanation of a company’s net worth, which uses audited accounts rather than a personal statement.
Quick questions
Can I make this myself? You can draft the format, but a CA must verify and sign it.
Is a UDIN mandatory? The ICAI requires it for certifications by practicing members.
How long is it valid? The certificate is as on a date, and the receiving party decides how recent it must be.
Where to check
The Institute of Chartered Accountants of India explains UDIN requirements on its UDIN portal.
In short, a networth certificate by ca format word is a structured statement of assets and liabilities that a practicing CA verifies and signs with a UDIN. This article is general information and is not professional accounting advice.
Featured image: Commerce March 2017 032 (Kenneth A. Foust Certified Public Accountant).jpg by Michael Barera, CC BY-SA 4.0, via Wikimedia Commons.
