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Shortcomings Of Accounting Fails to deliver The full picture - Visit Website Fiscal accounting promotions With all the quantitative areas as an alternative to the qualitative areas. It offers only Along with the activities of monetary values, the non-monetary pursuits like the standard of merchandise and labour relations get reference ignored. Fails to indicate realisable value - Accounting helps to maintain the harmony sheet, but it doesn't exhibit the level of income the business realises from the sale of assets.