What is the nature of the final audit report issued to the affected party?

The final audit report is recognized as a public record and is available for public inspection. This transparency is important because it ensures accountability and allows stakeholders and the general public to review the findings of the audit. Public records improve trust in the auditing process, as they can validate that procedures and standards have been adhered to and that the results are trustworthy.

Furthermore, making the audit report public helps encourage responsible governance by allowing for scrutiny of the conclusions drawn in the audit process. Access to these documents enables interested parties to stay informed about the practices being evaluated, fostering greater transparency in operations.

This contrasts with the nature of confidential documents or internal reports, which are not designed for public disclosure and do not fulfill the same role in promoting openness. Public access to audit findings can lead to better practices and improvements based on community feedback and oversight.