Question

With the help of an example, distinguish between a private report and a public report.

Distinguish between the following:

Private Report and Public Report

Answer 1

Sr. No.	Basis	Private Report	Public Report
1.	Meaning	Meant for management or particular personnel to utilize internally.	Meant for general stakeholders, such as shareholders, or the general public.
2.	Confidentiality	Confidential in nature.	Publicly disclosed or published.
3.	Example	Internal inquiry report on employee conduct.	Directors’ Report presented at the Annual General Meeting (AGM).
4.	Recipients	Restricted to a few (e.g., top management).	Wide audience (e.g., shareholders, regulatory bodies).