Groupon accounting reviewed (Investor's Business Daily)

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Investor's Business Daily - The SEC is worried about the group discount site's accounting and may extend its pre-IPO review, sources told CNBC. As a result, Groupon, which filed in June to go public, is targeting an IPO in mid- to late-Sept. The regulator reportedly is focusing on Groupon's use of gross profit measures and consolidated segment operating income, which excludes online marketing costs, stock-based compensation and other items deemed one-offs.

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