Paul Demastus, CPA, CIA, CFSA, CFE, CFF, CISA, Shareholder, Audit and Advisory

Paul Demastus, CPA, CIA, CFSA, CFE, CFF, CISA Shareholder, Audit and Advisory

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Phone: 615-309-2229
Fax: 615-309-2529




Paul W. Demastus is a Shareholder in the Audit and Advisory practice. He joined LBMC in 2003.

Paul focuses on risk-based audit services, including internal audit services, Sarbanes-Oxley readiness assistance, and service organization control audits. Paul also focuses on financial statement audits and other attest services for financial services companies, including financial institutions, insurance companies, investment companies and other financial services companies.

Paul’s dual focus provides for a well-rounded view of his clients and their operations.


  • Certified Public Accountant (CPA)
  • Certified Internal Auditor (CIA)
  • Certified Financial Services Auditor (CFSA)
  • Certified Fraud Examiner (CFE)
  • Certified in Financial Forensics (CFF)
  • Certified Information Systems Auditor (CISA)


Paul has twenty-five years of experience working with public and private companies of various sizes and complexities in providing attest, forensic and risk-based audit services.

The industries in which Paul has worked primarily include the financial services and healthcare industries, but also extends to other service companies.

Prior to joining LBMC, Paul served as the Compliance Officer for CIGNA HealthCare Medicare Administration, a Medicare Part B and Durable Medical Equipment contractor for the Federal Government.  In that role, he was responsible for helping to ensure company compliance with a Corporate Integrity Agreement, a compliance plan mandated by the Federal Government, as well as various other Government regulations.  In addition, Paul was responsible for the company's internal audit function.

Paul also has served as a Manager in the Business Risk Consulting & Assurance practice for Arthur Andersen, LLP.  In this role, he was primarily responsible for managing internal audit outsourcing and forensic accounting engagements for the firm's clients.  His primary clients were in the financial services and healthcare industries.

Community Involvement

Paul is active in and continues to support many professional and community organizations, including:

  • American Institute of Certified Public Accountants
  • Tennessee Society of Certified Public Accountants
  • Association of Certified Fraud Examiners
  • Institute of Internal Auditors
  • Information Systems Audit and Control Association
  • Leadership Brentwood - Class of 2016
  • Leadership Brentwood - Board Member

Paul previously served on the Board of Directors of The Housing Fund, a community development financial institution. Paul also served as the Chairman of the Audit Committee.

Outside the Office

A native of Phil Campbell, Alabama, Paul lives in Brentwood, Tennessee, with his wife and three children.

Paul enjoys time with his family, cycling, and college football.