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About Us

About Our Firm


For over 50 years Wood and Wood, Ltd. has been helping small businesses and individuals achieve their accounting and financial goals. We were established in Magnolia, Arkansas as a small local firm. Since that time we have grown to serve the areas of South Arkansas, East Texas, North Louisiana, and more.


In 1961 K. Dale Wood, a graduate of Southern State College (now Southern Arkansas University), established K. Dale Wood, CPA. In June 1973 Dale's son, Walter D. "Wally" Wood joined the firm. In 1980 Wally became the second CPA and Wood and Wood, Ltd. was formed. In 1985 Wally became managing shareholder and also the company President. In 2014 Wally's son William E. "Will" Wood became the firm's third CPA.


Wood and Wood, Ltd. has always been at the head of the pack when it comes to technological innovation. Now more so than ever. We offer online data storage for businesses that don't want to deal with the hassle of big and bulky paper filing as well as accounting software, for businesses, that can be accessed anywhere with an internet connection.. We are also fully integrated into the governments "eFile" procedures

Wood and Wood Ltd. is also a member of the following organization:

Magnolia-Columbia County Chamber of Commerce, Private Companies Practice Section of the AICPA, and the Employee Benefit Plan Audit Quality Center.

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. Wood and Wood, Ltd is dedicated to meeting these goals with high standards of excellence and professionalism. We have been a staple of the area'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 the area. 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 Wood and Wood, Ltd receive competent and timely advice.