Business Context and Reporting Period
This Form 6-K filing by Orangekloud Technology Inc. covers the month of December 2024. The report primarily addresses a change in the company's certifying accountant and the engagement of a new independent registered public accounting firm.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes rather than a financial performance statement.
Material Changes
- Dismissal of Auditor: On November 22, 2024, the audit committee approved the dismissal of Simon & Edward LLP, which was finalized on December 30, 2024.
- Engagement of New Auditor: On November 22, 2024, the audit committee approved the engagement of Enrome LLP to serve as the independent registered public accounting firm, effective December 30, 2024.
- Scope of New Engagement: Enrome LLP will audit financial statements for the fiscal year ended December 31, 2024, and subsequent years, and review semi-annual statements starting June 30, 2025.
Management Commentary and Risks
Management confirmed that during the two most recent fiscal years and through the date of dismissal, there were no disagreements with Simon & Edward LLP regarding accounting principles, financial statement disclosure, or auditing scope. Additionally, no "reportable events" occurred during this period. The company also stated that no consultations with Enrome LLP occurred regarding matters that would require disclosure under Item 304(a)(2)(i) and (ii) of Regulation S-K prior to their engagement.
Key Facts for Investor Verification
- Verify the effective date of the auditor transition (December 30, 2024) and the specific scope of Enrome LLP's initial audit responsibilities.
- Review the letter from Simon & Edward LLP (filed as Exhibit 16.1) to confirm their agreement with the company's statement regarding the lack of disagreements.
- Monitor future filings for the first financial statements audited by Enrome LLP to assess any changes in accounting treatment or disclosure practices.