Dodgy financial reporting isn't limited to Greece, says international accounting group.
Despite recent accounting clarifications, the Bally case shows companies must still be careful when it comes to revenue recognition.
While analysts say oil giant can afford likely civil liabilities, all bets are off if the case turns criminal.
Energy industry outdoes banks in lobbying against derivatives reform.
Oil giant to cut capex and sell assets as well as stop dividend payments for four quarters.
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