Park Ha Biological changes independent auditor
Park Ha Biological Technology Co., Ltd. changed auditors, dismissing WWC, P.C. and appointing HTL INTERNATIONAL, LLC with no reported disagreements or reportable events.
Rhea-AI Filing Summary
Park Ha Biological Technology Co., Ltd. (BYAH) replaced its independent registered public accounting firm, terminating WWC, P.C. on September 1, 2026 and appointing HTL INTERNATIONAL, LLC as the new auditor for its financial statements.
The company reports that WWC’s audit reports for the fiscal years ended October 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications, and that there were no disagreements or reportable events with WWC through the dismissal date. The change in auditor was recommended and approved by the Audit Committee and the Board of Directors.
Positive
- None.
Negative
- None.
Filing Explained
The filing additionally states that, before HTL’s engagement, neither the company nor anyone acting for it consulted HTL about accounting treatment, possible audit opinions, disagreements, or reportable events during the two most recent fiscal years or subsequent interim periods.
Key Figures
Auditor termination date: September 1, 2026
New auditor appointment date: September 1, 2026
Fiscal year end: October 31, 2025
+2 more
5 metrics
Auditor termination date
September 1, 2026
Date WWC, P.C. was terminated as independent registered public accounting firm
New auditor appointment date
September 1, 2026
Date HTL INTERNATIONAL, LLC was ratified as new independent registered public accounting firm
Fiscal year end
October 31, 2025
Most recent fiscal year for which WWC, P.C. audited the company’s financial statements
Prior fiscal year end
October 31, 2024
Earlier fiscal year covered by WWC, P.C. audit reports mentioned in the disclosure
Exhibit 16.1 date
September 2, 2026
Date of WWC, P.C. letter filed as Exhibit 16.1
Key Terms
independent registered public accounting firm, reportable events, Audit Committee, Form 20-F, +1 more
5 terms
independent registered public accounting firm financial
"terminated its independent registered public accounting firm, WWC, P.C."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
reportable events regulatory
"there were no “reportable events” as described in Item 16F(a)(1)(iv)"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Audit Committee financial
"The decision to change the independent registered public accounting firm was recommended and approved by the Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Form 20-F regulatory
"as described in Item 16F(a)(1)(iv) of Form 20-F and related instructions"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
Item 16F(a)(1)(iv) regulatory
"reportable events as described in Item 16F(a)(1)(iv) of Form 20-F"
FAQ
What auditor change did Park Ha Biological Technology Co., Ltd. (BYAH) disclose?
The company terminated WWC, P.C. as its independent registered public accounting firm on September 1, 2026 and on the same date the Audit Committee and Board ratified the appointment of HTL INTERNATIONAL, LLC as the new independent registered public accounting firm.
Were there any disagreements with WWC, P.C. reported by BYAH?
The company states that during the fiscal year ended October 31, 2025 and through September 1, 2026 there were no disagreements with WWC, P.C. on accounting principles, financial statement disclosure, or auditing scope or procedure and no reportable events.
How did WWC, P.C.’s prior audit opinions on BYAH’s financials read?
WWC, P.C.’s reports on the company’s financial statements for the fiscal years ended October 31, 2025 and 2024 contained no adverse opinion, no disclaimer of opinion, and no qualifications regarding uncertainty, audit scope, or accounting principles.
Who approved the change of auditor at Park Ha Biological Technology Co., Ltd. (BYAH)?
The decision to change the independent registered public accounting firm was recommended and approved by the company’s Audit Committee and its Board of Directors, according to the disclosure.
Did BYAH consult HTL INTERNATIONAL, LLC before its engagement as auditor?
The company reports that during the two most recent fiscal years ended October 31, 2025 and 2024 and subsequent interim periods, it did not consult HTL INTERNATIONAL, LLC on accounting principles, audit opinions, or matters involving disagreements or reportable events before HTL’s engagement.
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