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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                         ------------------------------

                                    FORM 8-K


                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): March 8, 2006
                                                           -------------
                                 SMARTPROS LTD.
                                 --------------
             (Exact name of Registrant as specified in its charter)


             Delaware                  001-32300              13-4100476
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 (State or other jurisdiction         (Commission           (IRS Employer
        of incorporation)              File Number)        Identification No.)



             12 Skyline Drive
            Hawthorne, New York                                 10532
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  (Address Of Principal Executive Office)                     (Zip Code)

        Registrant's telephone number, including area code (914) 345-2620
                                                           --------------


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))





ITEM 2.02: RESULTS OF OPERATIONS AND FINANCIAL CONDITION

         On March 8, 2006 we issued a press release, a copy of which is attached
hereto as Exhibit 99.1 and is incorporated by reference, announcing our
financial results for the year ended December 31, 2005.

ITEM 9.01: FINANCIAL STATEMENTS AND EXHIBITS

    (c) EXHIBITS.


           EXHIBIT
             NO.                            DESCRIPTION
             ---                            -----------
            99.1       Press release, dated March 8, 2006, announcing financial
                       results for year ended December 31, 2005.



         In accordance with General Instruction B.2 of Form 8-K, the information
in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed
to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), or otherwise subject to the liability of that
section, and shall not be incorporated by reference into any registration
statement or other document filed under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific
reference in such filing.


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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned, hereunto duly authorized.


                                             SmartPros Ltd.

Dated:   March 9, 2005                       By:      /s/ Allen S. Greene
                                                 -------------------------------
                                                 Allen S. Greene,
                                                 Chief Executive Officer


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