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.
15 â¢ SEC authority to set accounting standards for public companies â Delegated to private sector (AICPA 1937-1972), then FASB since 1973â¢ Since 2008, the 1,200 foreign companies listed in US can use IFRSs without reconciliation to US GAAP.