Amanda Murphy Lattanzio is a Senior Director at Ankura based in San Francisco. Her expertise is in providing accounting and financial services, including analysis and project management for forensic accounting and other investigative engagements, as well as litigation support services such as development of expert testimony and reports. Her experience covers a variety of industries, including accounting, banking, construction, energy, healthcare, insurance, real estate, and technology. Prior to joining Ankura, Amanda was a member of Navigant’s disputes, forensics & legal technology (DFLT) segment, which was acquired by Ankura in 2018.
Prior to that, Amanda was a senior US Securities & Exchange Commission (SEC) reporting analyst for a Fortune 500 Company where she was responsible for the SEC reporting process and provided technical accounting guidance. Prior to this role, Amanda was an auditor with a Big 4 public accounting firm where she was responsible for leading financial statement audits in a variety of industries.
Amanda’s professional experience includes:
- Engaged by counsel for an individual facing prosecution by the SEC for alleged violations of the Securities and Exchange Act. Interviewed the individual and reviewed depositions and accompanying exhibits to evaluate the claims made by the SEC and the individual’s influence on internal controls and corporate revenue recognition policies and procedures. Used this information to produce a report to rebut the plaintiff’s claims and to prepare counsel for depositions and trial.
- Retained by counsel to assist with an audit committee investigation related to a company’s revenue recognition practices alleged by a whistleblower, including channel stuffing and creating a “grey market.” Reviewed the company’s revenue reports and related documents and conducted interviews of company personnel. Prepared an analysis of revenue recognition and summarized findings for the company’s audit committee.
- Retained by counsel to assist a fertility clinic following the clinic’s loss of patient tissue. Assisted the clinic with data aggregation and analysis in its efforts to notify patients, manage patient inquiries, and appropriately respond to legal filings and press inquiries.
- Assisted a large software-as-a-service (SAAS) company with its implementation of the new revenue recognition standard (ASC 606). Prepared technical accounting memos to guide the company through transition from ASC 605 to ASC 606 and liaised with the company’s auditors to ensure the implementation would be auditable and defendable. Implementation included scoping of contracts, contract review, deferred commissions review, new financial statement disclosures, and system upgrades and work-arounds. The company successfully completed an initial public offering after the work was completed.
- Determined damages related to bankruptcy in the healthcare industry. Assisted in the damages calculation and the preparation of an expert report in this matter.
- Analyzed a complex accounting transaction related to the cost of goods sold and internal reporting at the root of a whistleblower investigation and wrongful termination suit. Analyzed company reports and journal entries in conjunction with the company’s established procedures and generally accepted accounting principles. Also, analyzed the potential impact of the transactions on the client’s internal and external financial reporting. Prepared an expert report of the findings.
- Performed an incurred cost review in conjunction with the internal audit department of four major construction projects at a large educational institution. Work performed included contract and change order review, review and analysis of general contractor and sub-contractor costs, general conditions costs, and labor rates. Prepared a report of the results and findings.
- Determined damages, such as a reasonable royalty and lost profits for intellectual property disputes. Assisted in the calculation of reasonable royalty and lost profits, as well as the preparation of the expert reports related to these matters.
- Assisted a special committee investigation of Medicaid clinics after whistleblower accusations. The investigation involved whether the clinics were properly reporting revenues and expenses to Centers for Medicare & Medicaid Services (CMS). Work performed included interviewing clinicians, analyzing accounting records and policies, reviewing clinician emails, and presenting the team’s findings to the hospital’s investigative special committee.
- Retained by a government entity to perform a root cause analysis of the failure of 13 states’ Affordable Care Act (ACA) co-op insurance systems. Analyzed financial and proforma projections, reviewed historical financial information and enrollment data, and performed complex ratio analyses. Delivered individual reports of the findings related to each state’s co-op insurance system failure.
- Tested the inventory procedures of a recently acquired subsidiary of a large power company in preparation for year-end audit.
- Prepared SEC filings, such as 10-K’s, 10-Q’s, and 8-K’s, as well as restated SEC filings for discontinued operations. Worked directly with management, cross-functional finance teams, external legal counsel, and external auditors to process, address, and refine financial statement comments.
- Performed technical accounting research of various topics, including revenue recognition, debt and equity securities, investments in non-redeemable cumulative preferred stock, fair value measurement, discontinued operations, and cumulative translation adjustments.