In an ideal case, assets must be listed in the name of person/s who will be sponsoring your education & or living expenses.
In my case, my educational and living expenses are sponsored by my father, hence, all the assets were listed under his name.
Sample CA Certificate text,
TO WHOM IT MAY CONCERN
This is to state that the following is the statement indicating the ASSETS of
XYZ who will be sponsoring his
SON Mr. ABC’s education & living expenses in
Canada.
This certificate is issued at the request of
Mr. XYZ for submitting to the concerned
Canadian Authorities as a supporting document for his SON
Mr. ABC’s Canadian Student Visa Application for further studies.
PERSONAL/FAMILY ASSETS IN HOME COUNTRY (INDIA)
****LIST THE ASSETS*****
In the view of the Immovable properties, family savings & annual income of Mr. XYZ (Father of Applicant), I certify that he and his family is financially sound and well placed in the society. I also certify that he is financially solvent to provide the cost of education & living of Mr. ABC at
XYZ College/University, Toronto | Ontario, Canada.