Companies (Audit, Investigations and Community Enterprise) Act 2004

The Companies (Audit, Investigations and Community Enterprise) Act 2004 is UK legislation that enhances corporate accountability. It refines rules for auditing companies, improves standards for auditors, and strengthens powers for investigating financial misconduct. Additionally, it encourages the development of community-benefit companies, which prioritize social or environmental goals alongside profits. Overall, the Act aims to increase transparency, prevent fraud, and support responsible business practices.