AUD help – ratios?

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    Topic
  • #172167
    Anonymous
    Inactive

    Hi, for those that have taken AUD in the last year, should I use any of my already fried brain cells to memorize the financial ratios?? I would love to just skim over that part but don’t know what would be the smart thing to do?

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  • #353877
    momto5
    Member

    I was wondering the same. Do you have Becker materials? I just finished chapter 4 and did all those SIMS and they seemed to be much heavier on ratios than I expected! Ugh!

    FAR - 92 (4/27/12)
    AUD - 96 (7/17/12)
    BEC - 92 (8/30/12)
    REG - 91 (11/12/12)

    #353878
    Anonymous
    Inactive

    Yes, I have the Becker materials. I haven't gotten as far as the SIMS yet, (just finishing chapter 4) but I thought these ratios were mostly covered in BEC so not sure what to do. Obviously, if I studied them now they would help me in the upcoming BEC test, so if I have time I should probably go over them. Honestly compared to FAR, AUD has SO MUCH LESS content I should be thankful and just tackle the ratios lol

    #353879
    momto5
    Member

    On a previous post in the AUD Study Discussion thread I asked about the ratios and was told to only worry about the ones in the NINJA notes. The notes list the following ones:

    Current Ratio

    Quick Ratio

    Turnover Ratios

    Gross Margin %

    So I guess those are the ones I would focus on at this point. The SIMS were terrible though (at least I thought). Way too many SIMS with way too many ratio questions.

    FAR - 92 (4/27/12)
    AUD - 96 (7/17/12)
    BEC - 92 (8/30/12)
    REG - 91 (11/12/12)

    #353880
    Anonymous
    Inactive

    Thanks! That's really helpful =)

    #353881
    LittleMoe
    Member

    I would recommend knowing them. Don't skip it or take it lightly. You may not get a single ratio question but I can tell you from experience that they are out there for AUD.

    AUD 4/12/12 79
    FAR 5/29/12 76
    REG 8/2/12 82
    BEC 8/30/12 72 Retake 10/18/12 76!!! DONE!!!!
    ExamMatrix, Wiley Books, NINJA notes and audio
    LICENSED ALABAMA CPA 11/30/12

    #353882
    Sandra
    Member

    If I've learned anything from this board its that if you skip a section or even a paragraph of material it will be heavily tested on your exam. LOL. Once you get used to the ratios they aren't so bad.

    #353883
    lateralus ag
    Member

    I have trouble answering this question without revealing what was on the exam.

    It's kind of like the ancillary material to me. What % of the exam could potentially be ratios? Becker covers that in two of the intros. Base your studying on that % that your review material covers.

    SIMS are very tricky in Becker. Also, with the exam, you never know what will be on those SIMS. When I was studying for it, I kept imagining that the SIMS would all be something that I was shaky on. That's a distinct possibility. So I spent a lot of time on those SIMS really trying to understand why I got them wrong (and I got A LOT of the SIMS wrong on Becker).

    FAR 88
    REG 89
    AUD 89
    BEC 86
    DONE!!!
    Using Becker Review and Becker Final Review, and Ninja Audio for BEC

Viewing 7 replies - 1 through 7 (of 7 total)
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