Financial Consultant

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, verifying regulatory and statutory compliance, evaluating internal controls and risk areas, and reporting material weaknesses or noncompliance. The contract will 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 provide a staffing plan and management plan as part of their response. • The contractor will be responsible for conducting an annual financial statement audit. • The contractor will verify regulatory and statutory compliance. • The contractor will evaluate internal controls and risk areas. • The contractor will report material weaknesses or noncompliance. • The contract will be for a term of three years, with the option to renew for up to four additional one-year terms.