Elizabeth Woodward, CPA, CFF, CFE

Professional Experience

Elizabeth obtained her Master of Business Administration with a concentration in accounting from the University of Kentucky in 1994. She worked in the audit group of KPMG for six years and joined Dean Dorton in 2000. She has over 30 years of experience in public accounting.

Elizabeth leads the firm’s Forensic Group, specializing in bankruptcy accounting matters, litigation support, and forensic accounting services. In addition to her Certification in Financial Forensics (CFF), Elizabeth is a Certified Fraud Examiner (CFE). She has served in several fiduciary roles, including Chief Restructuring Officer, Receiver, and Fee Examiner. She has acted as a Compliance Ethics Monitor/Independent Monitor of a rural electric cooperative, reporting to two branches of the Federal government. Elizabeth has testified in state and federal courts and currently serves as a Subchapter V Bankruptcy Trustee.

Elizabeth teaches professional ethics at Dean Dorton. She also speaks on fraud prevention and detection, and forensic accounting for the AICPA and other professional organizations.

Professional Activities

• Kentucky Society of CPAs (KyCPA)
  • Educational Foundation Board of Directors (2022-Present)
  • Board of Directors (2015-2021)
  • President – Board of Directors (2019-2020)
  • Committee Chair – Nominations & Awards, Finance, Professional Ethics
  • In her 28 years of membership at KyCPA, Elizabeth has served on seven different committees.
• American Institute of Certified Public Accountants (AICPA)
  • AICPA Forensic and Valuation Services Executive Committee (Present)
  • AICPA Forensic and Litigation Services Committee, Chair (2016-2023)
  • AICPA Forensic and Valuations Services, Fraud Task Force Committee Chair (2016-2020)
  • AICPA Forensic and Valuation Services Section, 2019 Volunteer of the Year
  • AICPA Governing Council (2018-2019)
  • AICPA CFF Champion of the Year 2014
• University of Kentucky School of Accountancy, Advisors Board (2019-Present)
• Association of Certified Fraud Examiners, Member
• American Institute of Certified Public Accountants, Member

Community Involvement

• Commerce Lexington Board of Directors, Board Member
• Lexington Bluegrass Airport Board of Directors, Former Chairperson
• Lexington and Fayette County Parking Authority, Former Commissioner
• North Lexington Family YMCA, Past Chairman
• Eastern Little League, Past Board Member and Treasurer
• Leadership Kentucky, Class of 2014
• Leadership Bluegrass, Class of 1998

Education

• Master of Business Administration with a Concentration in Accounting, University of Kentucky, Lexington, Kentucky
• Bachelor of Arts in Philosophy, University of Kentucky, Lexington, Kentucky

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