EPISODE · Feb 8, 2026 · 14 MIN
EP5: Calumet's ERP Failure: Unraveling Internal Control Breakdowns
In this episode, we dive into the accounting turmoil at Calumet Specialty Products Partners. Using public SEC filings, we piece together this case to explain to the listeners how a failed ERP implementation led to severe internal control breakdowns, material misstatements, and ultimately resulted in financial restatements and SEC enforcement action. (Originally released 6/24/2024)
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EP5: Calumet's ERP Failure: Unraveling Internal Control Breakdowns
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