{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Accounting for Aliens","description":"Today the topic of our accounting podcast is a little unconventional.  We're going to trace the concept of the fraud triangle back into an unusual case study involving a message from another world.  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?\r\nAlong 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.  We'll discuss what fraud risk factors are and cover the documentation required by AU-C 240.\r\nThe podcast includes a discussion about Ponzi scheme fraudster Scott Rothstein, which is used to shed some light onto the rationalization process.  So with all the themes interwoven, there's a decent amount of psychology that found its way into this week's conversation.  I really enjoyed this podcast, and I hope you do to.","author_name":"Bridge the GAAP - Accounting Podcast","author_url":"http:\/\/bridgethegaap.com","html":"