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.