The Department came into existence with the very inception of Khatra Adibasi Mahavidyalaya in 1979. In the year of 1995, Honours in Accountancy (B. Com Honours) was introduced in this college. Some wise and eminent teachers served thedepartment frequently. The department has been the womb to produce many intelligent and successful students. Innumerable students of the department, after graduating from the department, have been succeeded to influence and inspire in various professions like banking, insurance, audit, accounts and marketing sector etc. The department always maintains an affable rapport between the teachers and the students. It is the success of the students that inspires the teachers.