Business Context and Reporting Period
This Form 6-K filing by K-Tech Solutions Company Limited covers the month of May 2026, specifically dated May 11, 2026. The report details a Change of Auditor, where the Company dismissed Audit Alliance LLP and appointed Privatco CPA Limited as its new independent registered public accounting firm, effective immediately.
Key Financial Metrics
The filing does not provide specific financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is strictly a regulatory disclosure regarding the change in auditing firm and related compliance matters.
Material Changes and Auditor Transition
- Reason for Change: The transition was approved by the audit committee after careful evaluation. The Company explicitly states there were no disagreements with the former auditor (Audit Alliance) regarding accounting principles, financial statement disclosure, or auditing scope.
- Historical Audit Opinions: Audit Alliance's reports for fiscal years ended March 31, 2025, and 2024 were unqualified and did not contain adverse opinions or disclaimers.
- Reportable Events: No reportable events occurred during the two most recent fiscal years or through May 11, 2026, except for material weaknesses in internal controls reported in the Form 20-F for the fiscal year ended March 31, 2025.
- Material Weakness Details: The identified weakness involved a lack of adequately skilled staff with knowledge of U.S. GAAP, impacting adherence to reporting and compliance requirements.
Guidance, Risks, and Contingencies
The filing contains no forward-looking guidance, outlook, or management commentary on future financial performance. The primary risk disclosed is the previously identified material weakness regarding U.S. GAAP compliance due to staffing limitations. The Company confirms that no consultations were held with the new auditor (Privatco) regarding accounting principles or potential audit opinions prior to their engagement.
Investor Verification Checklist
- Verify the status of remediation efforts for the material weakness regarding U.S. GAAP staffing identified in the fiscal year ended March 31, 2025.
- Review the accompanying Exhibit 16.1 (Letter from Audit Alliance LLP) to confirm the former auditor's concurrence with the Company's statements.
- Monitor upcoming Form 20-F filings to assess how the new auditor, Privatco CPA Limited, addresses the historical internal control weaknesses.
- Confirm that no undisclosed disagreements existed between the Company and Audit Alliance during the transition period.