This course offers a course titled "Introduction to Financial Reporting in the Oil Industry." The oil production industry has unique technical and economic characteristics. The element of risk and uncertainty is inherent in the exploration phase, which may not lead to economically viable results. Conversely, it may yield favorable outcomes that allow for the recovery of full investment costs within a short period. Additionally, this industry requires substantial capital and a long time frame for recovery, making it generally difficult for developing countries to independently finance the enormous expenses necessary for oil exploration, development, and production. This creates a demand for various types of oil contracts, such as concessions, leasing agreements, and production-sharing contracts. These factors significantly impact the accounting practices of oil production companies, which must portray both technical and legal activities in a manner that reflects these activities in their financial statements. This course will provide participants with an introduction to the practical aspects of financial reporting in general and specifically for the oil industry. The course will begin with a fundamental overview of Generally Accepted Accounting Principles (GAAP), after which participants will explore more specialized elements of financial reporting related to the oil industry, supported by examples of real financial disclosures in the oil sector.