The Companies (Audit, Investigations and Community Enterprise) Act 2004

The Companies (Audit, Investigations and Community Enterprise) Act 2004 is a UK law that updates rules for company audits, investigations, and community-focused businesses. It enhances oversight by giving authorities clearer powers to examine company activities, ensuring transparency and accountability. The act also introduces new regulations for auditors and addresses the compliance of community enterprises, promoting integrity and confidence in business practices. Overall, it aims to strengthen corporate governance and discourage fraud or mismanagement, protecting stakeholders and the public interest.