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Skillful Craftsman (EDTK) shifts from HTL to Guangdong Prouden CPAs as auditor

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Skillful Craftsman Education Technology Limited reports a mid-year change in its independent auditor. On June 22, 2026, HTL International, LLC resigned as the company’s independent registered public accounting firm and will not complete the audit or issue an audit report for the fiscal year ended March 31, 2026.

The company notes that HTL International’s audit report on the March 31, 2025 financial statements was unqualified and that there were no disagreements or reportable events, other than material weaknesses previously reported in the company’s Form 20-F. On June 25, 2026, the Audit Committee approved the engagement of Guangdong Prouden CPAs GP as the new independent registered public accounting firm, and the company states it did not previously consult Prouden CPAs on accounting or auditing matters.

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Insights

Auditor resigns mid-audit; new firm appointed, with prior weaknesses disclosed.

HTL International’s resignation on June 22, 2026 before completing the FY 2026 audit is a noteworthy governance event. Mid-cycle auditor changes can raise questions because they occur during a critical reporting period.

The company states there were no disagreements or reportable events with HTL International, apart from previously disclosed material weaknesses referenced in the August 8, 2025 Form 20-F. Guangdong Prouden CPAs GP was appointed on June 25, 2026, and the company reports it had not consulted this firm on prior accounting issues.

Future annual and interim reports covering periods after March 31, 2026 will show how the new auditor assesses controls and financial reporting, especially in light of the earlier material weaknesses documented by management.

Auditor resignation date June 22, 2026 HTL International resigned as independent registered public accounting firm
New auditor appointment date June 25, 2026 Audit Committee approved Guangdong Prouden CPAs GP engagement
Fiscal year not audited by HTL Year ended March 31, 2026 HTL will not complete audit or issue report
Last audited fiscal year by HTL Year ended March 31, 2025 HTL issued an unqualified audit report
Prior Form 20-F filing date August 8, 2025 Management reported material weaknesses in this filing
independent registered public accounting firm financial
"HTL International to resign as the Company’s independent registered public accounting firm"
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.
material weaknesses financial
"other than the material weaknesses reported by management in Item 15 of the Company’s Form 20-F"
Material weaknesses are significant flaws in a company’s systems for ensuring its financial reports are accurate and reliable. Like a broken lock on a safe, they increase the chance that financial statements contain big errors or omissions, which can mislead investors about performance and risk; discovering one often raises questions about management oversight, may lead to restated results, and can affect investor confidence and a company’s valuation.
reportable events regulatory
"no "reportable events" (as defined set forth in Item 16F(a)(1)(v) of Form 20-F)"
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 Audit Committee of Board of Directors of the Company approved the engagement"
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 that term is used in Item 16F (a)(1)(iv) of Form 20-F"
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.
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Learn about SEC filing dates

 

 

 

UNITED STATES

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 June 2026

 

Commission file number: 001-39360

 

 

 

SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED

 

 

 

7th Floor, West Lobby, Building 7B

Shenzhen Bay Science and Technology Ecological Park

Nanshan District, Shenzhen, Guangdong Province, China

(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 June 22, 2026, Skillful Craftsman Education Technology Limited (the “Company”) received a resignation letter from HTL International, LLC (“HTL International”) to resign as the Company’s independent registered public accounting firm, effectively immediately. Consequently, HTL International will not complete the audit or issue an audit report on the Company’s financial statements for the fiscal year ended March 31, 2026.

 

The audit report of HTL International on the consolidated financial statements of the Company for the fiscal year ended March 31, 2025 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 fiscal year ended March 31, 2025 and through the subsequent interim period through June 21, 2026, 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 HTL International on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which, if not resolved to HTL International’s satisfaction, would have caused HTL International 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 8, 2025.

 

In accordance with Item 16F(a)(3) of Form 20-F, the Company has provided HTL International with a copy of the foregoing disclosures and has requested that HTL International 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 HTL International’s letter addressed to the Commission relating to the statements made by the Company in this Report on Form 6-K.

 

On June 25, 2026, the Audit Committee (the “Audit Committee”) of Board of Directors of the Company approved the engagement of Guangdong Prouden CPAs GP (“Prouden CPAs”) to serve as the independent registered public accounting firm of the Company.

 

During the two fiscal years ended March 31, 2026 and through the subsequent interim period to June 25, 2026, neither the Company nor anyone on its behalf consulted Prouden CPAs 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 Prouden CPAs 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 (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).

 

Exhibits Index

 

Exhibit

No.

  Description
16.1   Letter from HTL International, LLC, dated June 26, 2026.

 

 

 

 

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: June 26, 2026

 

 

FAQ

What did Skillful Craftsman (EDTK) announce about its auditor in June 2026?

Skillful Craftsman announced that HTL International, LLC resigned as its independent registered public accounting firm on June 22, 2026. HTL will not complete or issue the audit report for the fiscal year ended March 31, 2026, prompting the company to appoint a new auditor.

Why is HTL International no longer auditing Skillful Craftsman (EDTK)?

HTL International resigned as Skillful Craftsman’s independent registered public accounting firm, effective immediately on June 22, 2026. The company states there were no disagreements on accounting principles, financial disclosure, or audit scope, and no reportable events other than previously disclosed material weaknesses.

Who is Skillful Craftsman’s new independent auditor after HTL’s resignation?

On June 25, 2026, Skillful Craftsman’s Audit Committee approved the engagement of Guangdong Prouden CPAs GP as the new independent registered public accounting firm. The company reports it had not previously consulted Prouden CPAs on accounting, auditing, or financial reporting matters before this engagement.

Did HTL International issue a qualified opinion on Skillful Craftsman (EDTK) before resigning?

HTL International’s audit report on Skillful Craftsman’s consolidated financial statements for the fiscal year ended March 31, 2025 was unqualified. It did not contain an adverse opinion, disclaimer of opinion, or qualifications related to uncertainty, audit scope, or accounting principles, according to the company’s disclosure.

Were there disagreements between Skillful Craftsman (EDTK) and HTL International?

The company states there were no disagreements with HTL International on accounting principles, financial statement disclosure, or auditing scope during the fiscal year ended March 31, 2025 and through June 21, 2026. It also reports no reportable events, apart from material weaknesses previously disclosed in its Form 20-F.

Did Skillful Craftsman (EDTK) consult Guangdong Prouden CPAs before appointing them?

Skillful Craftsman reports that neither it nor anyone on its behalf consulted Guangdong Prouden CPAs during the two fiscal years ended March 31, 2026. There were no consultations on applying accounting principles, expected audit opinions, disagreements, or reportable events before Prouden’s engagement on June 25, 2026.

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