When a new CEO came on the scene a couple of years ago, however, he decided that the business would do just fine with quarterly reviews and exception-only reporting.
The SEC, she argues, should have made an exception for companies with robust internal reporting systems so that their employees would have to report problems internally first.
And we must all work harder to secure and fully implement the new standard that will see oil, gas and mining companies reporting project by project payments across the world without exception.