Amar K. Kothapalli

Amar K. Kothapalli

Partner, CPA · +1 (414) 777 5493

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Amar brings nearly 20 years of public accounting experience to the firm, previously working with an internationally recognized firm in their financial services practice in Milwaukee, Wisconsin. Amar specializes in working with various financial institutions including those in the insurance and asset management industries. He has served clients including life, property and casualty, and health insurance companies; large multi-fund registered fund families; non-registered partnerships; hedge and venture capital funds; investment advisors (private and public); broker-dealers and banking institutions. In addition to core audit work, he has experience in other attestation engagements including agreed-upon procedures, review and examination engagements. He has worked with several financial services organizations in a co-sourcing and outsourced internal audit assistance model.

  • Coordinated the audits of large, complex mutual insurance companies including healthcare, life insurance and property and casualty companies
  • Led a service team to assist a group of insurance companies through an initial public offering including registration statement filings and research and technical analysis
  • Led a cross line of service team implementing Sarbanes-Oxley and Model Audit Rule internal controls projects
  • Experience with healthcare insurers and related CMS contract implementation and control considerations
  • Led multiple engagements serving registered mutual fund complexes in the Milwaukee, Wisconsin market including series funds supporting variable annuity and variable life products
  • Coordinated advisory projects in the areas of investment impairment analysis (accounting guidance and development of an internal impairment policy), finance effectiveness, treasury and investment operations benchmarking, and International Financial Reporting Standards convergence projects
  • Assisted with client improvement projects and controls assessment in the areas of derivatives recognition and accounting, including swap contracts and credit default swaps
  • Led a cross-line service team to support initial public offerings (audit, advisory, information systems, etc.)
  • Worked directly with Chief Compliance Officers to establish best practices in the areas of SEC Rule 38a compliance, trade best execution, and other projects
  • Assisted with fair value standards implementation projects for mutual fund clients, including non-registered and venture capital fund implementation projects.
  • Coordinated semi-annual reviews for mutual fund filings.
  • Worked on derivative analysis projects to assist clients in evaluating authoritative guidance, as well as hedge documentation and effectiveness requirements.
  • Previously involved in Sarbanes Oxley 404 implementation projects and re-scoping projects under Public Company Accounting Oversight Board Auditing Standard No. 5.
  • Clients have included: a large public health insurer, Diversus, Inc., Delta Dental of Minnesota, Northwestern Mutual Life Insurance Company, Northwestern Mutual Investment Services, Inc., Northwestern Mutual Wealth Management Company, American Family Insurance Group, Zurich Insurance Group, Assurant Health, PIMCO Funds, Northwestern Mutual Series Funds,, Strong Mutual Funds, Cuna Mutual Members Mutual Funds, American Century Funds, National Investment Services, Inc., and Artisan Partners Limited Partnership.
  • American Institute of Certified Public Accountants (AICPA)
  • Wisconsin Institute of Certified Public Accountants (WICPA)
  • Insurance Accounting & Systems Association (IASA)
  • Investment Company Institute
  • Wisconsin Insurance Accountants Conference (WIAC)
  • Wisconsin Mutual Fund Group

Location

Wisconsin

Education

Marquette University
Bachelor of Science in accounting

Expertise