Your cousin has recently completed a Computer Science major at UWA and has $($sadly$)$ not taken any accounting units in her degree.$$ She has heard about the $$Taskforce on Nature$-$related Financial Disclosures$($TNFD$)$ and was wondering what $$nature$$ had to do with accounting! She has asked you $($your family$$s star accounting student$)$ to explain how nature can affect the numbers and information in the income statement and balance sheet of companies and to provide some examples.

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Required: Please write an email to your cousin to answer her question.

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