Back in the glory days of StyleForum a self-proclaimed n00b started a thread for an urgent matter: he had a formal party to attend and had no time to buy a tuxedo.  All he had was a black suit and a pair of black shoes, and although he knew he had a long way to go before he had decent formal attire, he only had time for a quick upgrade before the party.

From what I’ve read, I need to get a “Formal Dress Shirt” and a black satin tie. Am I close?