About Us

About Our Firm

For years, Powell & Powell Accounting, Inc has been providing quality, personalized financial guidance to local individuals and businesses. Powell & Powell Accounting, Inc’s expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning.

Powell & Powell Accounting, Inc is one of the leading firms in and throughout Asheboro. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve. Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year.

Our Mission

Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals. This requires open communication to reach an understanding of our clients’ needs through research and sound analysis. Powell & Powell Accounting, Inc is dedicated to meeting these goals with high standards of excellence and professionalism. We have been a staple of Asheboro’s business community for years, and pride ourselves on the level of esteem we have earned.

Our dedication to hard work has earned the respect of the business and financial community in and around Asheboro. We believe this to be a direct derivative of our talent and responsiveness to our client base. Whether you are a current or prospective client, rest assured that individuals and businesses who choose Powell & Powell Accounting, Inc receive competent and timely advice.

Our Team

Ronald D. Powell

Ronald was born at Shaw Air Force Base, South Carolina while his father was serving in the United States Air Force. He graduated from Yokota High School, Yokota Air Base, Japan in 1976.

He purchased his practice from his father in 1996 and is the President of Powell & Powell Accounting, Inc., Asheboro, NC. Mr. Powell has been preparing individual tax returns since 1989 and began his public practice in 1996.

He joined North Carolina Society of Accountants (NCSA) in 1996 and joined the National Society of Accountants (NSA) in 1999. Ronald currently is serving as President of NCSA and has served as President-Elect, Vice-President, and Secretary. Since joining NCSA, he has been an active member of Central Chapter and has been President, Vice-President and Secretary.

Ronald passed the US Treasury’s Special Enrollment Exam and has been Enrolled to Practice Before the Internal Revenue Service since 2011. He joined the National Association of Enrolled Agents and the North Carolina Society of Enrolled Agents in 2012.

In addition to his accounting career, he completed 24 years of military service in December 2005 when he retired as a Lieutenant Colonel from the 53rd Aerial Port Squadron, Pope Air Force Base, NC where he served as commander for the last six years.

Mr. Powell married the former Latefa G. Barnes of Denton on May 17, 1981 and they have two children, twins, Amanda and Robert.

Education: Bachelor of Arts, East Carolina University, 1981;
Master of Arts, Webster University, 1991

Certifications: Enrolled to Practice Before the Internal Revenue Service


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