Elizabeth Stone

Associate Director
Senior Manager
+1 202 836 1158


Elizabeth Stone is an Associate Director at FRA’s Providence office on the Forensic Accounting team. She has experience in both the corporate accounting and forensic accounting fields. She has worked on cases involving anti-bribery and corruption, fraud and misconduct, regulatory investigations, disgorgement calculations, and regulatory compliance for clients throughout North America, Europe, Asia, Africa, and South America.

Elizabeth has recently worked on disgorgement calculations for global companies in the chemical, medical device, and auto industries as well as various investigations involving allegations of asset misappropriation, bribery and corruption, and potential sales to sanctioned entities.

Elizabeth’s prior experience includes monitorships, post-acquisition due diligence, and matters involving the evaluation and development of enhanced compliance processes. She was also part of the FRA team that supported Airbus in a multi-year forensic accounting and eDiscovery review, which involved the analysis of large volumes of financial data to satisfy the needs of instructing lawyers as well as the fine calculation analysis that served as the basis for the global settlement across the four investigative authorities: UK Serious Fraud Office (SFO), DOJ, the US Department of State (DOS) and French Parquet National Financier (PNF).

Before joining the Forensic Accounting team, Elizabeth was an in-house Senior Accountant for FRA. She also previously held positions within the corporate accounting departments of an international merchandising company and a domestic mining company. Her corporate accounting experience includes tasks such as international financial reporting, cash flow forecasting, supervising accounts receivable and accounts payable functions, international tax requirements, maintaining fixed asset registers, calculating intercompany cost allocations, and tracking inventory to prevent and detect theft.

Elizabeth also served nine years in the United States Army, including both Active and Reserve duty, completing multiple tours in countries across the Middle East and Central Asia.

Elizabeth is a Certified Public Accountant (CPA) and a Certified Fraud Examiner (CFE) and holds a Bachelor of Science in Accounting from Clemson University.

Authority experience

US Department of Justice (DOJ)
US Securities and Exchange Commission (SEC)
Serious Fraud Office (SFO)
Parquet National Financier (PNF)

Awards & Recognition


Certified Public Accountant
Certified Fraud Examiner



News and insights


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