Skillful Craftsman Changes Auditors

TL;DR

Skillful Craftsman swapped auditors on Dec 19th, bringing in HTL International LLP to replace TPS Thayer.

AI Summary

Skillful Craftsman Education Technology Limited, on December 19, 2024, dismissed TPS Thayer as its independent registered public accounting firm. The company's Audit Committee approved this change and engaged HTL International LLP as the new auditor.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.

Risk Assessment

Risk Level: low — This filing reports a routine change of independent auditors, which is common for public companies and does not inherently indicate significant financial risk.

Key Players & Entities

• Skillful Craftsman Education Technology Limited (company) — Registrant
• TPS Thayer (company) — Former independent registered public accounting firm
• HTL International LLP (company) — Newly engaged independent registered public accounting firm
• December 19, 2024 (date) — Date of Audit Committee approval for auditor change

FAQ

Filing Documents

• form6-k.htm (6-K) — 24KB
• ex16-1.htm (EX-16.1) — 5KB
• 0001493152-24-052170.txt ( ) — 30KB

From the Filing

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 Commission file number: 001-39360 SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED Floor 4, Building 1, No. 311, Yanxin Road Huishan District, Wuxi Jiangsu Province, PRC 214000 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F Form 40-F INFORMATION CONTAINED IN THIS FORM 6-K REPORT Changes of Registrant’s Certifying Accountants On December 19, 2024, the Audit Committee (the “Audit Committee”) of Board of Directors of Skillful Craftsman Education Technology Limited, a Cayman Islands exempted company (the “Company”) approved the dismissal of TPS Thayer (“Thayer”) as the Company’s independent registered public accounting firm and the engagement of HTL International (“HTL”) to serve as the independent registered public accounting firm of the Company. The audit report of TPS Thayer on the consolidated financial statements of the Company for the fiscal year ended March 31, 2024 did not contain an adverse opinion or disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope or accounting principles. During the two fiscal years ended March 31, 2024 and through the subsequent interim period through December 18, 2024, there were (i) no disagreements, as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions thereto, between the Company and TPS Thayer on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which, if not resolved to TPS Thayer’s satisfaction, would have caused TPS Thayer to make reference thereto in its report on the financial statements for such year, and (ii) no “reportable events” (as defined set forth in Item 16F(a)(1)(v) of Form 20-F), other than the material weaknesses reported by management in Item 15 of the Company’s Form 20-F filed with the U.S. Securities and Exchange Commission (the “Commission”) on August 19, 2024. In accordance with Item 16F(a)(3) of Form 20-F, the Company has provided TPS Thayer with a copy of the foregoing disclosures and has requested that TPS Thayer review such disclosures and provide a letter addressed to the Commission stating whether or not it agrees with the statements made herein. Attached as Exhibit 16.1 is a copy of TPS Thayer’s letter addressed to the Commission relating to the statements made by the Company in this Report on Form 6-K. During the two fiscal years ended March 31, 2024 and through the subsequent interim period to December 18, 2024, neither the Company nor anyone on its behalf consulted HTL International with respect to either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report nor oral advice was provided to the Company by HTL International that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement with TPS Thayer (as that term is used in Item 16F (a)(1)(iv) of Form 20-F and the related instructions to Item 16F) or a reportable event (as described in Item 16F (a)(1)(v) of Form 20-F). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED (Registrant) By: /s/ Bin Fu Name: Bin Fu Title: Chief Executive Officer Date: December 26, 2024 Exhibit Index Exhibit No. Description 16.1 Letter from TPS Thayer, dated December 26, 2024.

View Full Filing

View this 6-K filing on SEC EDGAR