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What the effective date of the resignation is

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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.

Question 1: The effective date of the resignation is:

a. 3 September 20X0.
b. 10 October 20X0.
c. 15 October 20X0.
d. 31 October 20X0.

Reference no: EM132873717

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