United Audit Solutions

AUDIT AND ASSURANCE SUPPORT

WITH PRECISION AND TRUST

Arrow
Business professionals shaking hands

REST ASSURED - OUR EXPERTISE DELIVERS

TRUST, ACCURACY AND COMPLIANCE.

ABOUT

United Audit Solutions provides comprehensive Audit & Assurance support services designed to reduce risk, ensure regulatory compliance, and improve overall business performance. This dedicated division combines cutting-edge technology with deep industry expertise to streamline audit processes and deliver superior operational efficiency. United Audit Solutions is a dedicated Audit Support Division of Carisma Solutions. With an enduring commitment to excellence and sustainable practices, United Audit Solutions marks a significant milestone in elevating industry standards and client service.

OUR TAILORED APPROACH HELPS AUDIT FIRMS

Audit Assurance
Services Offered
Financial Statement Audit

Financial Statement Audit

We offer professional audit support to verify the accuracy of financial statements, ensure compliance with accounting standards, and enhance credibility for stakeholders in line with standards of AUASB, Corporation Act 2001, APES110 & AAS.

Public Unlisted Companies:

Conduct audits by assessing internal controls, performing substantive testing, and providing a formal audit report to ensure the accuracy of financial statements.

Large Private Company Audits:

For large private companies, we assess internal controls, perform detailed substantive testing of financial data, and issue a formal audit report to ensure compliance with applicable accounting standards.

Audit Requirements

Mandatory Audit Support:

We assist public unlisted companies in ensuring their financial statements are thoroughly audited, meeting all regulatory requirements.

Maintain Audit Independence:

We adhere to the ethical guidelines set forth by the Australian Auditing and Assurance Standards Board (AUASB), ensuring that our clients receive unbiased and professional audit services.

Private Company Audit Solutions:

Our team provides guidance to private companies, helping them navigate audit requirements based on specific criteria that may apply to their operations.

Compliance Audit

Compliance Audit

We evaluate the organization’s adherence to applicable laws, regulations, and internal policies to ensure compliance and identify areas of non-compliance.

Solicitors Trust Accounts:

We support the verification of Solicitors Trust accounts to adhere to strict regulatory frameworks governing trust accounts and client funds. This audit aims to enhance accountability, protect client funds, and maintain the integrity of the legal profession.

Real Estate Trust Accounts:

Review transactions and records to ensure compliance with regulations governing client funds in real estate, focusing on relevant requirements.

Accountants Trust Accounts:

Review transactions to ensure compliance with regulations governing client funds, safeguarding assets and adhering to professional standards.

Travel Agents Trust Accounts:

Assess compliance with regulations governing client funds in the travel industry, protecting assets through thorough documentation and reporting checks.

Trust Accounts:

Review transactions and records to ensure proper management of client funds, assess internal controls, and verify documentation, thereby enhancing accountability and reducing risks.

Audit Requirements

Regulatory Compliance Support

We ensure organizations adhere to relevant laws, regulations, and industry standards that apply to their operations.

Internal Controls Evaluation

Our team conducts thorough assessments of internal controls to ensure their effectiveness in maintaining compliance with applicable regulations and laws.

Commitment to Audit Independence

We adhere to the ethical guidelines set forth by the Australian Auditing and Assurance Standards Board (AUASB), ensuring that our clients receive unbiased and professional audit support services.

Industry-Specific Audits

Industry-Specific Audits

Our tailored audit support services meet the unique needs of various industry types, ensuring compliance and enhanced operational efficiency.

Schools:

Evaluate financial management practices to ensure adherence to regulations, promoting accountability and effective resource management.

Retirement Villages & Aged Care Facilities:

Focus on compliance with industry standards, safeguarding the interests of residents and their families through sound financial practices.

Clubs and Sporting Organizations:

Assess compliance with industry standards for clubs, sporting clubs, and racing & gaming associations, ensuring efficient financial management.

Grant Audits:

Verify compliance with funding requirements, ensuring proper use of grant resources and promoting transparency in financial reporting.

Foundation Audit (Not-for-Profit Organizations):

Support transparency and regulatory compliance for not-for-profits, building trust with donors and stakeholders through ethical resource management.

AFSL Audit:

Independent review conducted to assess whether a financial services provider, such as a financial advisor, broker, or superannuation fund, complies with the requirements set out under the Corporations Act 2001 in Australia.

Reviews & Agreed Upon Procedure:

Perform procedures that have been mutually agreed upon by the client and the auditor.

Audit Requirements

Regulatory Compliance Assistance

We ensure organizations in adhering to industry-specific laws, regulations, and standards that govern their operations.

Customized Audit Scope:

Our experts define a tailored audit scope to effectively address the unique risks and compliance challenges relevant to each industry.

Ensuring Audit Independence:

We adhere to the ethical guidelines set forth by the Australian Auditing and Assurance Standards Board (AUASB), ensuring that our clients receive unbiased and professional audit services.

Internal Audit

Internal Audit

We provide internal audit support to verify and enhance an organization’s internal controls and compliance efforts. This includes conducting risk assessments, evaluating processes, and offering actionable recommendations for improvement.

SMSF Audit

SMSF Audit

We work closely with audit firms in Australia to provide expeditious SMSF audit services to accounting firms in Australia. We have put together a panel of independent, certified and ASIC approved SMSF Auditors with years of SMSF audit experience.


This Audit service is backed by internal audit team that prepares a comprehensive audit program and shares it with the Auditors for review.


After conducting their independent review, the Auditors would issue the required Audit certificate. Our SMSF audit support services help streamline the end-of-year workflow and enable timely lodgements.

Independent SMSF Audit Support Services:

  • Manage the entire audit workflow from initiation to completion, meticulously adhering to all processes.
  • Review compliance in accordance with APRA regulations & SIS Act, ensuring all audits meet the necessary legal standards
  • Enable the auditor for timely and highly efficient audit.

Audit-ready work papers:

We provide well-organized audit-ready work papers, compiled with all the supporting documents, allowing the auditor to efficiently verify whether the fund complies with the rules set by the ATO and the SIS Act.

SMSF Client dashboard:

Our in-house SMSF Client Dashboard provides real-time audit job status and serves as an integrated platform for seamless collaboration. It also allows clients to generate reports.

Turnaround time:

We provide industry leading turnaround time with automation & process efficiency consistently.

TECHNOLOGY &
PLATFORMS

We utilize cutting-edge technology and digital platforms to enhance accuracy, efficiency, and compliance in audit and assurance services.

Software used
Xero
MYOB
LodgIT
FutrlI by Sage
Xero
quickbooks
evolv
class
bgl
lime
Documentation
CCH iFirm
Sage One
Reckon
Quickbooks
Audit
CaseWare
Accurri
caseware
Quickbooks

PEOPLE, PROCESS AND TECHNOLOGY PERFECTLY

ALIGNED FOR YOUR PEACE OF MIND.

Arrow
Business professionals shaking hands

KNOWLEDGEABLE PEOPLE

INNOVATIVE PROCESSES

WORLD-CLASS TECHNOLOGY