The definition of "adversely" can be described in the following way "when decisions, conditions or effects are unfavourable to you" (Collins Cobuild English Dictionary). This question is asking whether the results of the completion of a financial report is harmful to a business' planning and direction, through making strategic decisions. The answer is an initial "yes." However, there are alternative factors that cannot necessarily be represented on a balance sheet, a profit and loss account, …showed first 75 words of 1062 total…

…showed last 75 words of 1062 total…failure. The question of whether accounting fails to represent different 'resources' such as the environment can be answered with a firm "yes." There is a suggestion that financial reports are too focused on just the large numbers and not enough on other external influences. There are other contingent factors mentioned in the introduction which are difficult to represent on a financial report, yet are perhaps vital in determining the success of business performance. ------------------------------------------------------------------------ **Bibliography**