# ASC 505-60-45: Equity — Spinoffs and Reverse Spinoffs — 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/505/60/#45-other-presentation-matters)

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## ASC 505-60-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/505/60/#45-other-presentation-matters)

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##### [505-60-45-1](https://asc.understandingaccounting.org/asc/505/60/#505-60-45-1)

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The determination of the accounting spinnor and spinnee under the requirements of paragraph [505-60-25-8](https://asc.understandingaccounting.org/asc/505/60/#505-60-25-8) may have significant implications with regard to the reporting of discontinued operations in accordance with Subtopic 205-20. That is, the accounting spinnee shall be reported as a discontinued operation by the accounting spinnor if the spinnee is a discontinued operation and meets the conditions for such reporting contained in paragraphs

[205-20-45-1A through 45-1C](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1A)

.