Warning against an online retailer

Warning against an online retailer logo

CGSO only issues a consumer alert if suppliers don't co-operate with their office and continue to rack up complaints of a similar nature.

An increased number of complaints have been received against the supplier, PC Link Computers, and the lack of cooperation with the office in resolving these disputes. The complaints relate to the online store having accepted monies from customers but failing to deliver the goods or issue promised refunds.

The CGSO is therefore alerting consumers to exercise extreme caution when ordering from this site.

Click here to download the Press Release:

https://www.cgso.org.za/cgso/download/cgso-press-release-june-2022-consumers-warned-against-online-store-pc-link-computers-online-store/#

Relevance to Auditors, Independent Reviewers & Accountants:

  • The Consumer Protection Act is yet another piece of legislation that your clients must comply with, and which you must assess compliance with.  If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
  • As a supplier of consumer goods and services, your clients face dire consequences e.g. being investigated by the CGSO, if consumers lodge complaints against them with the CGSO. This could lead to additional considerations by you, e.g. going concern, provisions, contingent liabilities, etc.
  • As a consumer, you also need to comply with the CPA and be aware of important information in this regard.

Relevance to Your clients:

  • As a supplier of consumer goods and services, your clients face dire consequences e.g. being investigated by the CGSO, if consumers lodge complaints against them with the CGSO.
  • As a consumer, your clients also need to comply with the CPA and be aware of important information in this regard.

To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update


Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more:
https://cpd.accountingacademy.co.za.


Our Content

Live Webinars

View upcoming live accounting and practice management webinars.

Learn More

Webinars On-Demand

Browse our extensive range of relevant accounting and practice management webinars.

Learn More

Course

Browse our relevant and practical online courses.

Learn More
 

CPD Subscription Plans

Access to professional and technical content that ensures both your knowledge and skills are maintained.

Learn More

Legislation

Access updated legislation including amendments.

Learn More

Technical FAQs

A source of commonly asked technical accounting questions.

Learn More

 

There are not comments for this article at the moment, check back later.
You must be logged in to add a comment, log in now.
Need Help ?

Explore Smarty