28 minutes | Sep 8, 2021

High Calorie Compliance Lessons from Kraft Foods

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week Matt and Tom take a deep dive the recent SEC enforcement action involving Kraft Foods. While the subject matter of the enforcement action was fraudulent expense recognition, it turns out the real culprit was a corrupt culture. Some of the issues we consider are:·      What were the underlying facts?·      What does tone at the top really mean?·      How does management cost cutting mantra lead to corruption? ·      Why is incentive based comp so deterius?·      What did SEC Commissioner Crenshaw say about this enforcement action?ResourcesMatt in Radical ComplianceFood For Thought From Kraft Foods Learn more about your ad choices. Visit megaphone.fm/adchoices
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