Forensic and Accounting Professionals

William B. Stewart, Jr. CPA/ABV/CFF, CFE and Founder

William B. Stewart, Jr.

Bill Stewart is an expert forensic accountant in the areas of family law, commercial litigation, labor law, and probate. With over forty-five years of experience as a CPA in both industry and public practice, he provides expert testimony, mediation consulting and business advisory services.  From working in numerous family law cases, he has vast experience in tracing assets that spouses have secreted from marital estates.

Bill is a member of the American Institute of Certified Public Accountants (AICPA), with designations of Accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF). Bill is also a Certified Fraud Examiner (CFE) as designated by the Association of Certified Fraud Examiners. He was on the AICPA’s Family Law Task Force, a member of the board of AICPA’s Forensic and Business Valuation Service, and a member of the Texas Society’s Forensic and Valuation Services Committee.  He is the co-author of the Family Law Services Handbook and the Lost Profits Damages: Principles, Methods and Applications technical book.  Bill has been a faculty member of the American Bar Association’s (ABA) Family Law Advocacy Conference and is a frequent lecturer and guest speaker to various legal and accounting organizations.


Elizabeth H. Hurst, MBA, ASA, ABV and Founder

Beth Hurst

Beth Hurst is an expert in forensic accounting, business valuation, partnership disputes, business interruption, lost earnings, estate and trust finance, reasonable compensation, cross border equity returns, and normalizations of earnings. Ms. Hurst has over thirty years of experience in the financial industry with specialties in mergers and acquisition, venture capital, multinational corporate banking, bank compliance, and capital markets, over numerous economic cycles and across companies of all sizes and industries. She has been appointed by the courts as an expert in family law cases and large, complex commercial litigation cases.

Ms. Hurst testifies as an expert witness for all types of dispute resolution.  She is an Accredited Senior Appraiser by the American Society of Appraisers (ASA), Accredited in Business Valuation (ABV) by the American Institute of Certified Public Accountants (AICPA), and a member of the Association of Certified Fraud Examiners (CFE). She has been President of the Houston Chapter of the American Society of Appraisers. Her speaking engagements include topics such as valuation of businesses, discounts for lack of control and marketability as well as personal/enterprise goodwill. She speaks Mandarin and has traveled and worked extensively in Europe, North America, Asia and Africa. She excels in dynamic, challenging, and fast-paced environments where a sense of urgency is critical.


David DuMay, ASA

David DuMayMr. DuMay has over twenty-five years of financial analysis and business valuation experience. He has experience in mergers and acquisitions, purchase price allocations, goodwill impairment analysis, and estate and gift tax valuations. Since 2017 Mr. DuMay has been employed at Stewart & Hurst, LLC performing business valuation services regarding family law matters and civil litigation cases involving damages. Mr. DuMay is an Accredited Senior Appraiser by the American Society of Appraisers (ASA) and serves as a Vice President of the American Society of Appraisers.


Lisa M. Hutchings

Lisa M. HutchingsMrs. Hutchings has over 20 years of accounting experience.  Her focus for the past several years has been in the area of forensic accounting.  She works on civil and family law litigation matters, providing asset tracing, inventory preparation, document management and review services.  In addition, she provides support services to our Business Valuation department. Mrs. Hutchings holds a BBA in Marketing.


Quan Perry, CPA
Mrs. Perry is a CPA with over ten years of accounting experience and is a member of the Texas Society of CPA’s. She has worked in the Oil & Gas and Financial industries. During this time, she developed proficiency as a liaison for external audit and verified corporate compliance in the reporting of cash and other assets. She also specializes in the areas of financial statement review and variance analysis. She has conducted detailed reviews of F/S to identify areas of inconsistencies, misstatements and fraud.


Kimberly Wood, MBA

Ms. Wood has over twenty-five years of financial experience.  She was in the banking industry for 16 years and specialized in business development, credit analysis, documentation, servicing and auditing.  She has performed credit analysis of various industries with a primary focus in energy, oil & gas, manufacturing, retail, and banking.  For the past nine years, she has worked in forensic accounting, tracing assets and preparing business valuations.