Phloem is a conductive (or vascular) tissue found in plants. Phloem carries the products of photosynthesis (sucrose and glucose) from the leaves to other parts of the plant. â¦ The corresponding system that circulates water and minerals from the roots is called the xylem.
Notes to editors. The revenue Standard will be introduced into the FASBâs Accounting Standards CodificationÂ© as Topic 606 by Accounting Standards Update 2014-09 Revenue from Contracts with Customers. Topic 606 replaces the previous guidance on revenue recognition in Topic 605.
The group counsels the FASB on accounting and financial issues on the FASBâs agenda, new agenda items and other issues. The FASAC has more than 30 members. âIn recognition of the â¦ consensus-building nature of its mandate, the FASBâs process for issuing an accounting standard elicits widespread, thoughtful responses.