The company has been plagued by a series of accounting black holes, including an $880m deficit in the accounts of subsidiary US Foodservice.
Ahold reached an agreement with five banks in March that a $3.03bn credit facility would be provided. However one of the conditions was that the 2002 financial records for Stop & Shop must be submitted by June 30. The requested accounts were delivered on that day.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements