Forensic Accountants & Fraud Examiners

Elizabeth Gustafson

Strategic Partner, CPA
QuickBooks ProAdvisor, Financial Fraud Examinations, Dispute Resolution


Elizabeth Gustafson, CPA is a strategic partner, forensic accountant and Platinum Level QuickBooks ProAdvisor with GFAS.

She has worked on several forensic assignments including allegations of commingling of funds, embezzlement cases, tracing of assets matters, divorce, estate and trust cases and many partnership disputes. 

Her practice also specializes in developing and maintaining accounting systems and internal controls for startup as well as established businesses.  She is proficient in assessing, developing and implementing solutions in all areas including financial statement preparation, payroll, inventory, POS and third-party software integrations.  She also works with her clientele on budget and cash flow matters and planning for certain circumstances or events as well as implementing plans upon unforeseen circumstances. 

Professional Designations and Certifications

  • CPA: Certified Public Accountant
    Licensed in the State of Illinois
  • QuickBooks: Certified in QuickBooks Desktop and Online

Professional Memberships and Affiliations

  • Illinois CPA Society
  • Small Business Advocacy Council
  • Executive Professional Women’s Networking Group


  • Bachelor of Science, Accounting, DePaul University

Expert Forensic Accounting Services

Chicago | Las Vegas


Insurance Claims
Accounting Investigations
Mergers & Acquisitions
Due Diligence Reviews
Dispute Advisory Services
Special Examinations
Contract Audits and Recoveries


Expert Witness Testimony
Commercial Damages
Shareholder/Partner Disputes
Bankruptcy and Insolvency
CPA Malpractice Claims
Contract Disputes
Estate and Trust Disputes
Data Mining & Electronic Discovery


Individual, Trust, and Estate
S-Corp & C-Corp, Partnership
Year-end Tax Planning
and Estimated Tax
Taxation of Executive Compensation
Reasonable Compensation Estimates
Tax Disputes and Audits