(March 21, 2014) The American Institute of CPAs recently recognized Adam Fraser of Westwood with its 2013 Elijah Watt Sells Award.
The award is bestowed upon candidates who have obtained a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, completed testing during the 2013 calendar year and passed all four sections of the examination on their first attempt. More than 94,154 individuals sat for the examination in 2013, with 55 candidates meeting the criteria to receive the Elijah Watt Sells Award.
A member of the California Society of CPAs, Fraser, 29, is a principal and chief financial officer for Transom Capital Group, a Los Angeles private equity firm.
"The CPA examination is designed to protect the public interest and help ensure that only qualified individuals earn a CPA license," said Michael Decker, AICPA director of examinations. "On behalf of the AICPA, I would like to congratulate the winners of the 2013 Elijah Watt Sells Award for their impressive achievement."
The Elijah Watt Sells Award program was established by the AICPA in 1923 to recognize outstanding performance on the CPA examination.
Sells was one of the country's first CPAs. He was active in the establishment of the AICPA and played a key role helping to advance professional education in the profession.
For more information on the Uniform CPA Examination, visit http://www.aicpa.org/cpa-exam.
About CalCPA
Headquartered in San Mateo, Calif., the California Society of Certified Public Accountants (calcpa.org) is the nation's largest state accounting organization and the largest CPA association in California. It serves more than 40,000 members in public practice, private industry, education and government. Through CalCPA Institute, a 501(c)3 nonprofit, CalCPA members provide financial literacy programs to high schools and community groups.
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