Principal Shareholder, Audit + Review Department
  • ABOUT HUGH

    Hugh Elliott is a Dugan + Lopatka principal.  He oversees the Audit & Review practice of the firm for privately-held businesses in a wide variety of industries as well as for non-profit organizations.

    Some of the additional services he provides our clients include:

    • ERISA/Employee benefit plan audits.
    • Performance of CPA firm peer reviews.
    • Preparation of financial forecasts.
    • Assistance in accounting for complex accounting transactions.
    • Assistance and due diligence in buying and selling businesses.
    • Agreed upon procedures and various compliance testing related to tax incentives, grant compliance and contract compliance.
    • Consultation related to organizational structure and hiring.
  • INDUSTRIES SERVED

    Hugh works with a variety of businesses in a wide range of industries including construction, distribution, manufacturing, professional services, trucking and transportation, technology, start-ups, leasing, and non-profits including 501(c)(3) charitable organizations, 501(c)(6) business league organizations, and 501(c)(4) social welfare organizations.

  • PROFESSIONAL & COMMUNITY ACTIVITIES

    Hugh is a member of the American Institute of Certified Public Accountant (AICPA) Peer Review Program where he serves as a peer reviewer of other CPA firms.

    He is also a member of the Illinois CPA Society Peer Review Acceptance Committee (2010 – present). As a member of the committee, Hugh conducts oversight of peer reviews prepared in various states and present findings to the Illinois CPA Society Peer Review Acceptance Committee.

    Hugh is a longstanding Choose DuPage board member (2007 – present). He previously served as treasurer as well as the Private-Sector Co-Chair (2020-2022). Choose DuPage is the public/private economic development non-profit entity responsible for attracting and retaining businesses in DuPage County, Illinois.

  • PROFESSIONAL ASSOCIATIONS

    Hugh is a Certified Public Accountant and member of the American Institute of Certified Public Accountants (AICPA), the Illinois CPA Society (ILCPA), and the ILCPA Peer Review Acceptance Committee.

  • IN THE MEDIA

    Hugh Elliott and Leo Misdom sit down with NCTV Channel 17 to discuss the challenges that businesses are facing during the COVID-19 pandemic, and how Dugan + Lopatka is helping clients to navigate those challenges.

    Hugh Elliott named private-sector co-chair of Choose DuPage
    Published by: Choose DuPage, July 1, 2020

  • SPEAKING ENGAGEMENTS
    • Financials for Non-Financials, Valley Industrial Association Annual Conference (September 2017).
  • EDUCATION
    • Illinois State University, BS in Accounting.
    • Licensed Certified Public Accountant in the state of Illinois.
  • HOBBIES & PERSONAL INTERESTS

    Hugh stays active playing golf, basketball and enjoys several water sports.

Back