[myyear2013]

I am taking AUD this week and worrying about how much I should know regarding financial ratios… Becker has 11 pages that cover the ratios – I just don’t know how much time I should commit to these! Any advice would be greatly appreciated.

BEC - PASSED!
FAR - PASSED!
AUD - PASSED!
REG - May 2013

[Tncincy]

I would see how many ratios are asked in the multiple choice and sims. Ratios are apart of calculations so I would at least know the main ones or the ones that are asked in the mcq's.

It begins with a 75
Been here too long as a cheerleader.....time to pass

It begins with a 75
Been here too long as a cheerleader....ready to pass

[SammyJ]

There really is no great answer to this question. But I can tell you that if you commit the time to memorizing them you won't be kicking yourself later on no matter if its on the test or not. Bonus, those ratios come up again in FAR and BEC.

FAR-81!!
AUD-69, Retake: 84!!
REG-86!!
BEC-81!!
Education- Done
Ethics- August 2013
Experience- 7 Months of CPA Experience and counting!

[Futile]

Don't just memorize the ratios. Understand the underlying relationships.

CPA exam: Done!

Thank You, Lord.

[jokami]

I will say this: STUDY THEM!!!

B - 62, 70, 72, 79!!!
A - 68, 81
R - 70, 82
F - 84

"The limit to your abilities is where you place them" - Fortune Cookies

[Partially Deaf]

Futile has the right idea.

MBA Candidate - UCLA Anderson School of Management

REG 89 - 4/9/2012
BEC 88 - 5/29/2012
AUD 93 - 8/20/2012
FAR 83 - 2/4/2013
-All passed on the first attempt!

CFA Level 1 - Passed on first attempt in June 2014

[MinSeokYi]

I just studied Current Ratio, Quick, Ar turn, inv turn, ap turnover, net profit margin, return of total assets, return of common eq, net operating margin, gp margin, debnt to equity, and debt ratio… However, I guess as other people stated, everything is fair game.

BEC: Passed
REG: Passed
FAR: Almost Past (lol)
AUD: I thought I passed with flying colors, but I wasn't close!

[jle1028]

Just to second what everyone else has said: study them. Who knows if they'll show up, but if they do, wouldn't you be happier knowing that they were easy points because you did know them? And I agree with Futile: know what the ratio is, beyond just the computation. That is, what does the ratio represent? AUD is not generally focused on computation, so while being able to run the numbers is great (and, to my understanding, very useful for other sections), it may be good to know what these ratios represent when doing AP. Take that for whatever it's worth… 🙂

REG -- 77 (11/12)
AUD -- 77 (2/13)
BEC -- 89 (4/13)
FAR -- 91 (10/13)

Roger CPA, Wiley

[Anonymous]

Where can the ratios and explanations be found in the Wiley text book?

[MinSeokYi]

I just looked through 2012 Wiley and I don't think their a clear ratio section like Becker..

However, in one of their sims, (Res to risk assessment module), they go over most of them..

TBS#13

BEC: Passed
REG: Passed
FAR: Almost Past (lol)
AUD: I thought I passed with flying colors, but I wasn't close!

[J]

There is a section in the Wiley BEC book (I believe Module 45, at least that's what is was in 2012 dealing with measure of performance) that contains basically all of the formulas that you need to know. As others have previously mentioned, just memorizing the formulas is not sufficient. You need to make sure you understand what goes into each component of the formula (i.e. this is simple but for example, what would be included as a current asset for the current ratio) AND know how specific transactions affect those ratios.

[Anonymous]

Thanks. BEC Module 45(p.276) has all of the formulas with a brief description of what each one does.

That should be more than enough info(based on the practice SIM I just did).

[lawlypop]

Just took AUD and was only asked on the ones covered in MC. I'd know Quick, Current, AR turnover, Inv turnover, gross profit margin, ROE solidly and have an idea about other.

AUD: 84 02/22/13
REG: 84 05/03/13
FAR: 84 07/12/13
BEC: ? 08/30/13

Yaeger CPA Review

[Author]

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