I Think I Qualify for the Elijah Watt Sells Award

  • Creator
    Topic
  • #1855234
    jdb7643
    Participant

    I scored a 97 on FAR, 96 on AUD, 91 on REG, and a 99 on BEC (just got back BEC today). I took FAR, AUD, and REG in 2017. Do I have to pass all four within the same calendar year to qualify?

Viewing 11 replies - 1 through 11 (of 11 total)
  • Author
    Replies
  • #1855333
    Tonya
    Participant

    Wow, Congrats! It's my understanding you have to pass them all on your first try within a 12 month period and a 95.5 average. I don't think it has to be in the same calendar year.

    FAR -- 11/9/15 74 OUCH --Retake Jan 9,2016
    AUD - 11/30/15 75
    REG - Jan 2016
    BEC - Feb 2016

    #1855336
    Nate
    Participant

    You did it! Looks like you’ll get the award next spring, congratulations! You must’ve put in a lot of hard work to get such amazing scores like that! You should be very proud.

    #1855357
    GravyBrain
    Participant

    Way to go! How did you prepare yourself for the last one, knowing you'd have to do very well to win the award? Where there any differences in your preparation, knowing what was at stake?

    #1855363
    Sandy
    Participant

    Does it have to be within a year? I didn't see that criteria on AICPA website

    #1855369
    jdb7643
    Participant

    GravyBrain I thought I had no chance to get a 99 on BEC; I did not see a single person with a 99 on that section in here, so I swore I had no chance. I did not watch any Becker videos and quickly read through the book twice. Flash cards were key though. I scored in the 70s on all the practice exams (I completed all of those within one hour though).

    I did not take all of the exams within 12 months (I started in May 2017 and finished in June 2018).

    #1856038
    forthehorns
    Participant

    @jdb7643 Congrats! I won the award this year, and I can confirm that you don’t have to pass all four within one calendar year. As long as you pass them all on your first go at it and maintain an average of above 95.5 (which you seem to have done), you’ll receive the award in the calendar year after the year you took your final section. You may have to sign a release allowing your state board to disclose your scores to the AICPA, but other than that, you’ve done everything you need to on your end. Way to go!

    #1860694
    Preksha
    Participant

    @jdb7643 Congrats! Could you please share your preparation strategy? I am using Becker as my primary review material too. How many times did you revise from the Becker book? And did you focus more on the Practicing the MCQ's or reviewing your material?. Did you take down notes too? Please guide me

    #1867126
    jdb7643
    Participant

    @preksha I only wanted to pass each section of the CPA exam. I swore I failed AUD and REG, and I was completely blown away by my scores. That being said, my preparation strategy is laid out below.

    1. If you can take 2-3 months off work, that would be ideal. I studied for FAR for 15 days (12-14 hours a day), AUD for 8 days (12-14 hours a day), REG for 30 days (4-5 hours a day), and BEC for 10 days (3-6 hours a day).

    2. Get something to punch. When I was going through FAR on Becker, I only scored in the 60s and low 70s for the MCQs. When you miss five questions in a row, you will want to take a break. Punch something instead. I punched a hole in one of my chairs and broke my ironing board. After I took 20 seconds to punch something and yell, I went back to doing more of the questions.

    3. Only spend 30 seconds on each MCQ when going through your study program. This will allow you to complete both MCQ sections on the CPA within one hour. You will have three hours for the simulations. Familiarize yourself with the guidance so you can use that to help with the simulations.

    4. Smoke 2 packs of Newports a day. Get some diet Monster energy drinks. Cook some amazing steaks from Sam's once a week. If you don't smoke cigarettes, find some healthier way to relieve your stress and keep you going.

    5. Read each chapter for Becker twice. I watched every video for FAR and AUD, but I didn't watch any for REG and BEC. I don't think the Becker videos were valuable.

    6. GET THE BECKER FLASHCARDS. GET THE BECKER FLASHCARDS. I believe the flash cards made me score in the 90s for each exam.

    7. Tell your friends that you will barely contact them over the next few months. I stayed in my apartment and barely talked to anyone when I took FAR and AUD (May of last year). When I took REG, I socialized too much and did not prepare as much (I lost some motivation because I swore I failed AUD). Dedicate your life to this exam.

    8. Do not give up. You will most likely feel like you failed after each exam. I felt like I did not pass BEC (I'm dead serious about that). Keep your head up and keep pounding away.

    I did not take any notes. Go through the Becker book twice. Go through each practice simulation twice. Make sure to use the supplemental CPA questions. I got a 75 and a 78 on my two practice FAR exams, so do not feel stressed if you do not score well on those.

    Do not focus on one strategy. Do MCQ's, reading and reviewing, and sims. Having a broader strategy is safer if you can take some time off for the exam.

    Condensing the study timeframe helped me retain more information. I don't remember anything from AUD. If you take a few months to study for it, it will be difficult to retain most of the information.

    Feel free to ask me for any other advice.

    #1870099
    Preksha
    Participant

    @jdb7643 Thank you so much! I will definitely take up your advice. I will also be in touch with you if I have doubts.

    #1871689
    CPA
    Participant

    Hi,
    What is the reward from this Award ?!

    #1902688
    jdb7643
    Participant

    CPA, KPMG gives a $10,000 bonus; I verified this with my recruiter. I heard that PwC gives a $20,000 bonus.

Viewing 11 replies - 1 through 11 (of 11 total)
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