Help!!! Auditing Ratios!!!

  • Creator
    Topic
  • #171078
    jcw1503
    Member

    I know I can not ask what ratios were on the exam, however if you guys were me and had to pick certain ratios to study for the Auditing exam on Friday, which ones would you pick to study….Please Help!!!! Any Help would be truly appreciated…Thanks..

    FAR - Attempt 1-(70)...Attempt 2 (Passed Baby)-Praise the Lord-Couldn't have done it without him.
    AUD- Attempt 1-Passed!!!!!!!!! )-Praise the Lord-Couldn't have done it without him.
    REG-Attempt 1-(73)...Attempt 2 (Passed Baby)-Praise the Lord-Couldn't have done it without him.
    BEC-Attempt 1-(71)...Attempt 2 (Passed Baby)-Praise the Lord-Couldn't have done it without him.

    ****What is one Golden Rule for Passing the Exam? 1) Read the question properly. and 2) Leave yourself enough time to answer all of the....
    ****Success seems to be connected with action. Successful people keep moving. They makes mistakes, but they don't quit.
    ****Success is the sum of small efforts, repeated day in and day out.

Viewing 6 replies - 1 through 6 (of 6 total)
  • Author
    Replies
  • #344779
    lynseyklly
    Member

    Don't stress about them…that is my suggestion. You may not get any questions on them, but if you do I don't think they will be heavily tested. I had issues retaining them and said forget it, there are many other more important topics. Worked for me.

    AUD 85 (2/22/12)
    FAR 81 (5/10/12)
    BEC 7/13/12
    REG 10/1/12

    using Becker

    #344780
    LittleMoe
    Member

    Remember all the tests are different. From my experience, I can tell you that I sure wish I had known them better. But, I passed and that's all that matters.

    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

    #344781

    I am studying the main Balance Sheet and Income Statement ratios for my AUD test Friday. I think that will be sufficient! No way to memorize them all!

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #344782
    misanthrope87
    Participant

    Well, in my testing experience, I was lucky that I had studied ratios so much.

    B 2/12 87
    A 11/11 90
    R 8/11 86
    F 5/12 88

    #344783
    mena je twa
    Member

    For audit you will need to understand the effect of each ratio… For e.g what happens if the numerator goes up or denominator goes down… For that reason understand the Balance sheet ratios for sure, not much I/S.

    They wont ask you to divide the 2 numbers and pick ABCD…

    Licensed CPA, Texas - 2012

    #344784
    misanthrope87
    Participant

    @mena je twa

    I wouldn't say something similar to that is beyond the scope for the exam.

    B 2/12 87
    A 11/11 90
    R 8/11 86
    F 5/12 88

Viewing 6 replies - 1 through 6 (of 6 total)
  • The topic ‘Help!!! Auditing Ratios!!!’ is closed to new replies.