Faculty of Accounting and Financial Sciences of Petroleum University of Technology, National Iranian Oil Company is the oldest center of higher education in accounting in Iran.

The Faculty was established in 1958, seven years after the nationalization of the oil industry, by the scholars such Prof. Hassan Sajjadi Nejad and Dr. Esmail Erfani with the support of Abdullah Entezam, then CEO of National Iranian Oil Company.

The school started with 61 students from the Higher Institute of Accounting and Compliance with National Iranian Oil Company personnel launches.

[citation needed] The Faculty has four Departments: There are some programs given in PUT School of Accounting and Financial Sciences Since its establishment, Petroleum School of Accounting always had admitted the top students of National Wide University Entrance Examinations (Konkur).

school of Accounting and Finance has major contribution in obtaining this honor.