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Tuesday, March 27, 2012

McGladrey Tax Manager Honored with the AICPA Elijah Watt Sells Award & Shares CPA Exam Prep Tips

Bill Jachym, tax manager in the New Haven office of McGladrey, was recently named a recipient of the prestigious Elijah Watt Sells Award presented by the American Institute of CPAs to the candidates who obtained the 10 highest cumulative scores on all four sections of the computerized Uniform CPA Examination.   Bill was among those top candidates who completed testing during 2010 and passed each exam section on their first attempt.  Several candidates achieved identical cumulative scores, resulting in several ties and a total of 19 winners.  More than 103,000 candidates sat for the Exam in 2010.

 “I was very excited to learn of the award”, said Bill, “Not only is this a validation of my hard work, it’s also an honor to represent McGladrey in a positive light.”

When it came time to sit for the CPA exam, Bill took it very seriously. He completed the standard self-study review courses, and followed a regimented study schedule that he recommends to anyone who is preparing to sit for the CPA exam:
  • Two months before you are scheduled to take each section of the exam, plan a study schedule that allows for a minimum of 1-2 hours of study each day and stick to it.
  • Avoid cramming or you won’t retain the information
  • Allow yourself a few study-free days just before the exam to avoid information overload.
  • After you complete one section, allow minimal downtime before starting the next section to keep your good study habits intact.
“Bill has always been a high performer and represents the quality of people we have at McGladrey,” said Tom Ferreira, managing partner, Northeast.  “He’s always shown initiative, is very bright and a team player.  He’ll have a very successful career.”

Bill joined McGladrey in September 2007 shortly after graduation from the University of Connecticut.  In September 2010 he accepted an opportunity in Amsterdam to assist a client’s European operations with FAS 109 compliance.  He has also helped the client with U. S. tax returns and a variety of other tax and accounting matters. 

“Bill’s assignment was supposed to last about three months, but he’s added so much value that our client has kept him on a full-time basis for more than a year and a half,” said Tom.

The past 18 months haven’t been all work for Bill, though.  He says he’s traveled across Europe and recently became engaged.  Bill will be returning to the U. S. with his fiancĂ© in a few months. 
Elijah Watt Sells, who passed away in 1924, was one of the country’s first CPAs under the provision of a New York State law enacted in 1896 and a leader in advancing professional education. He was active in the establishment of the AICPA and was a founder of New York University’s School of Commerce, Accounts and Finance. The Sells award was created by the AICPA in 1923 in his honor.

For more information on the exam, visit

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