1 rich Libsyn https://www.libsyn.com 90 600 Today&amp;nbsp;the topic of our accounting podcast is a little unconventional. &amp;nbsp;We're going to trace the concept of the fraud triangle back into an unusual case study involving a message from another world. &amp;nbsp;By doing so, we will answer the question, What do an alien prophecy, Auditing Standard AU-C 240, and a billion-dollar Ponzi schemer all have in common? Along the way we'll discuss the objectives and requirements of Auditing Standard AU-C 240, and how it relates to the requirements established under Auditing Standard AU-C 315, which discusses the auditor's requirement to understand the entity and its internal control. &amp;nbsp;We'll discuss what fraud risk factors are and cover the documentation required by AU-C 240. The podcast includes a discussion about Ponzi scheme fraudster Scott Rothstein, which is used to shed some light onto the rationalization process. &amp;nbsp;So with all the themes interwoven, there's a decent amount of psychology that found its way into this week's conversation. &amp;nbsp;I really enjoyed this podcast, and I hope you do to. Bridge the GAAP - Accounting Podcast http://bridgethegaap.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/3695862/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/3695862