References other than the textbook.

$1.$ Mention the most important principles upon which the accounting profession is based in accordance with the opinion of the American Financial Accounting Standards $($FASB$),$ with a focus on the principle of revenue recognition.

$2.$ Choose an industrial company in the Kingdom of Saudi Arabia and prepare a comprehensive report explaining the company in terms of: its type, business, objectives, and the extent of application of accounting principles and assumptions related to the published financial statements and some clarifications.