The Kirkwood inquiry was set up after the conviction in 1991 of former county children's home manager Frank Beck and two other former staff on multiple counts of abuse.
Mr Waller's report identifies the main issues arising from the Kirkwood inquiry and makes detailed proposals for further action by Leicestershire to improve the care provided in the county's nine children's homes.
Mr Waller said: 'The distressing events in Leicestershire between 1973 and 1986 make for very sobering reading in showing how inadequate management can lead to appalling consequences for people who should have been protected and properly cared for.
But he said: 'The department cannot be complacent. Work still remains to be done'.