Which document formally concludes an audit process by presenting the findings?

The audit report is the formal document that concludes an audit process by presenting the findings. It typically includes a summary of the audit scope, objectives, and methodologies, along with an assessment of the entity being audited. The report details the auditor's observations, conclusions, and recommendations based on the evidence gathered during the audit. It serves as a crucial communication tool between auditors and stakeholders, providing insights that help in decision-making and fostering accountability.

This document is vital because it encapsulates the findings in a structured format, allowing for clarity and understanding of the audit results. The audit report not only hones in on compliance and operational efficiency but can also highlight areas for improvement, making it an essential part of an organization’s governance framework.