Financial Auditing

The State of Arkansas is seeking a licensed CPA firm to provide financial auditing services for the State Captive Insurance Program. The contractor will be responsible for conducting an annual financial statement audit, evaluating internal controls, and reporting on compliance with regulatory requirements. The contract is expected to be for a term of three years, with the option to renew for up to four additional one-year terms. The contractor must have at least five years of experience auditing captive insurance entities and must be able to provide a staffing plan and management plan as part of their response. • The contractor will be responsible for conducting an annual financial statement audit of the State Captive Insurance Program. • The contractor will evaluate the program's internal controls and report on compliance with regulatory requirements. • The contractor must have at least five years of experience auditing captive insurance entities. • The contractor must be able to provide a staffing plan and management plan as part of their response. • The contract is expected to be for a term of three years, with the option to renew for up to four additional one-year terms.