About Rijesh Chirathilattu & Associates
Rijesh Chirathilattu & Associates (RCA) is established in 2000 as a firm of Chartered Accountants. The founder, Rijesh Chirathilattu BSc, FCA, DISA (ICAI) has a mission to deliver the best for his clients upholding the code of conduct and professional ethics.
The firm ensures attention and customized service to each one of its clients. A cross-functional approach with a strong base of professional experience and industry knowledge helps RCA to guide the clients through the decision-making process when it comes to challenges or opportunities.
The RCA is confident to exceed client expectations with tailor made strategies to manage professional and personal portfolios. The accounting team focuses solely on the financial goals and desired outcomes. At the same time, the audit team provides Audit & Assurance Services, Tax Planning/Filing Services, along with Financial & Corporate Advisory Services.
The firm offers a wide range of services with a personal touch and an analytical eye for Corporates, Partnerships, LLPs, NGOs, Business Owners, Executives, Professionals and High Net-worth Individuals.
Management Consultancy, Business Process Outsourcing, General Accounting (Regular / Cloud based), Payroll, Cash Flow Management, Business Valuation & Financing,Strategic Planning, Internal Control Management and Review, Non-Profit Organizations and FCRA Related Services are some of the additional areas we have proved our proficiency.
Be in touch with RCA for an affordable, customized and friendly professional service !
What is a Chartered Accountant?
If you’re interested in becoming an accountant or even if you’re in the market for accounting services, you may have wondered about the term “chartered accountant.” Also referred to as CA, this type of professional is one that offers a number of significant benefits, but whose position is less in the spotlight than other forms of accounting professionals.
Accounting majors who are interested in working abroad might ask, “What is a chartered accountant?” Chartered accountants are experts in the laws and regulations governing businesses in various countries around the world. As international corporations become increasingly influential, they will need highly trained accountants to keep track of their expenses and revenue. Tax laws and business regulations can differ greatly between countries, and CAs are certified to help businesses remain profitable and in compliance with local laws and regulations.
What Chartered Accountants Do
There are four areas in which these accountancy professionals serve. They are taxation, financial accounting and reporting, applied finance, and management accounting. The specialization an accountant chooses determines under which umbrella he or she works. Chartered accountants can wear a number of hats. It’s possible that they may oversee a corporation or business’s entire accountancy needs. They may have a more narrow function such as being in charge of just one aspect of a business like auditing or taxes. Many of these highly skilled workers will go out on their own as freelancers or consultants for hire.
How to Become a Chartered Accountant
You can start your path in becoming a chartered accountant either after your XIIth or even after completing your graduation or post-graduation. The paths are similar but if you are a graduate or postgraduate, you can skip a few steps which are compulsory for someone who just passed their high school.
Foundation course route (after XIIth)
To become a chartered accountant, you would need to pass a series of tests, but before taking these set of examinations, you need to pass your XIIth. Once you have cleared your high school, this is the list of exams you need to clear in the given order.
- CA Foundation course (previously known as CPT or Common Proficiency Test)
- Integrated Course on Information Technology and Soft skills (ICITSS)
- CA Intermediate (previously known as IPCC or Integrated Professional Competence Course)
- Articleship (3-year training)
- Advanced Integrated Course on Information Technology and Soft Skills (AICITSS)
- FC (Final course)
So, you need to take a step by step approach to all the courses and exams mentioned above. Here’s how you need to go about it.
Step 1: Enrol yourself in the CA Foundation Course after completing XIIth.
Step 2: Complete a 4 month study period and appear in the CA Foundation Examination.
Step 3: Enrol into CA Intermediate Course after clearing CA Foundation Exam.
Step 4: Complete 4 weeks of Integrated Course on Information Technology and Soft skills (ICITSS). This course needs to be completed before your articleship.
Step 5: Complete 8 months study course of CA Intermediate and appear for the exam. There will be 2 groups of exams, you need to pass at least one before moving forward.
Step 6: Join 3-year article training after passing either group of CA Intermediate Exam and complete ICITSS before starting your articleship.
Step 7: Clear the remaining group of CA Intermediate Exam (if there’s any).
Step 8: Enrol yourself for the CA Final Course.
Step 9: Complete 4 weeks of Advanced Integrated Course on Information Technology and Soft skills (AICITSS) in the last two years of your articleship and before appearing for the final exam.
Step 10: Appear for the final exam either after completing your articleship or during the last 6 months of it.
Step 11: Complete your article training, in case you decide to appear for the final exam while serving your articleship.
Step 12: Clear the CA Final Examination.
Step 13: Enrol yourself as a member of the ICAI to be designated as a “Chartered Accountant”.
Direct entry route (after graduation or post-graduation)
To become a chartered accountant after completing your graduation or post-graduation, the path is quite similar to the one mentioned above. But, you can only pursue this path if you have scored at least 55% aggregate in your commerce graduation/post-graduation, or at least 60% if you are not a commerce graduate/post-graduate.
If you are eligible as per your graduation/post-graduation results, then following is a step by step process you need to follow.
Step 1: Enrol into CA Intermediate Course.
Step 2: Complete 4 weeks of Integrated Course on Information Technology and Soft skills (ICITSS). This course needs to be completed before your articleship.
Step 3: Register for 3-year articleship or practical training.
Step 4: Appear for the CA Intermediate Examination after 9 months of your training.
Step 5: Clear both groups of CA Intermediate Examination.
Step 6: Register for CA Final Course.
Step 7: Complete 4 weeks of Advanced Integrated Course on Information Technology and Soft skills (AICITSS) in the last two years of your articleship and before appearing for the final exam.
Step 8: Appear for the final exam either after completing your articleship or in the last 6 months of it.
Step 9: Complete your 3-year training.
Step 10: Clear the CA Final Examination.
Step 11: Enrol yourself as a member of the ICAI to be designated as a “Chartered Accountant”.