Vintage Ltd has a year-end of 30 June 20X0. The audit work was completed and the auditorâ s report signed on 3 September 20X0. On 1 October, the company requested the current auditor to resign so that the auditor of their parent company could take over the audit. The current auditors wrote a resignation letter dated 10 October that was received by the company on 15 October. This letter advised that the auditorâ s resignation was effective from 3 September 20X0. 

The resignation letter was also forwarded to the Australian Securities and Investments Commission (ASIC), requesting its confirmation of the resignation. ASIC approved the resignation in a letter dated 31 October?

Answer rating: 100% (QA)

Based on the given information the timeline of events regarding the resignatio... View the full answer