Groupon’s “non-standard” accounting method is keeping the SEC busy, and some say it’s due to tech bubble déjà vu. The Wall Street Journal explains why the mouthful “adjusted consolidated segment operating income” is causing the ruckus during these fear-ridden economic times. Even with the rumored possibility of a later IPO, Groupon – and its rival LivingSocial – are going full-steam ahead. Also, Groupon's teaming with Supervalu and Unilever to offer ice cream deals. Read on:
Reports say the SEC is examining Groupon’s unconventional accounting methods (the complex-sounding CSOI) because of nervousness of another tech bubble. (Wall Street Journal).