The Last Days of Disco Ops

To the dismay of those with fond memories of the 70s, when it comes to accounting, disco ops have nothing to do with dancing.  Rather, disco op is shorthand for a discontinued operation.  A discontinued operation implicates a number of accounting and disclosure rules that govern how a company must report a discontinued operation in its periodic reports and in any offering document.

For help getting down with all things disco ops, including disclosure implications, pro forma requirements, historical financial statements revisions and more, check out Latham’s guide.  Reading it may even save you enough time to meet Tony Manero at the discotheque tonight.

 

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