Elizabeth S. Krause, CPA

Manager

716-856-3300

ekrause@LumsdenCPA.com

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As a member of the audit department, Liz is responsible for conducting and supervising audit fieldwork.  She has expertise working with nonprofit organizations, human service agencies, health care institutions, and governmental entities in the areas of audits, Single Audit, reimbursement, tax and information returns, and financial reporting. Prior to joining Lumsden McCormick in 2013, Liz worked at such places as for the City of Buffalo in the Department of Audit and Control. 

EDUCATION

Canisius College, Master of Science, Forensic Accounting
State University of New York at Geneseo, Bachelor of Science, Accounting

PROFESSIONAL

American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Healthcare Financial Management Association, Board of Directors, Membership Chair
Aquarium of Niagara, Financial Stability Committee

COMMUNITY

Meals on Wheels, Volunteer
 

Upcoming Events

Webinar Series Part IV: IRS Audit - Coming Soon Near You

Webinar Series Part IV: IRS Audit - Coming Soon Near You

July 14, 2021

The executive branch is looking to increase revenue for the IRS. Translation: expect to see an increase in the number of IRS audits being performed, including industries not traditionally targeted.

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Webinar Series Part V: Changes to Lease Accounting and How it Impacts Your Business

Webinar Series Part V: Changes to Lease Accounting and How it Impacts Your Business

July 27, 2021

The accounting for leases is changing significantly. The required implementation of FASB ASC 842 will mandate that most leases are included on the balance sheet as a right-of-use asset, with a corresponding lease liability. The new standard will impact nearly all commercial businesses and nonprofit organizations and is effective for annual reporting periods beginning after December 15, 2021.

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