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Jennifer Lohrer-Elstone, CPA

CFO & Director of Quality Assurance & Process Improvement


Jennifer Lohrer-Elstone serves as a Chief Financial Officer for a range of clients at Financial One Accounting. She holds her CPA designation and has a Master of Science in Accounting from Eastern Michigan University. Prior to joining FOI, she started her accounting career at Baker Tilly. While there, she filled many roles and served a range of clients in both the tax and audit practices. She managed assurance engagements serving non-profit clients, participated in new business development, and was tapped to author and present technical trainings both locally and across the firm.

Jennifer joined Financial One in November of 2017 to continue her work with a diverse set of clients in the non-profit space. In 2020, she added the role of Director – Quality Assurance & Process Improvement for the firm. In this role, she establishes, directs, and maintains quality and compliance standards for the organization as a whole. This includes providing technical accounting leadership, developing tools and trainings on technical matters, and final quality inspection of files before they are released for external auditors.

Jennifer specializes in numerous not-for-profit industries, including, but not limited to, foundations, health and welfare organizations, private schools and behavioral health organizations. She also has a deep understanding of contributions including donor restrictions, classifications of net assets, government grants and their compliance requirements, membership organizations, associations, and foundations including endowments. In addition, Jennifer is a member of the MICPA Nonprofit Expert Panel. She has facilitated trainings for a number of non-profit boards as well as volunteered as author and presenter for the MICPA on non-profit and assurance topics.

Jennifer is a graduate of Eastern Michigan University where she followed her passion for teaching and music, obtaining two degrees in music performance (clarinet). She managed a private music studio prior to becoming a CPA and beginning her accounting career.

In her personal time, Jennifer enjoys camping and hiking with her husband, Brad Elstone. They endeavor to hike and camp in all 50 states and each Canadian province.

Jennifer Lohrer-Elstone, CPA Photo