If you put the field on the form which is the reference field from the relationship (on the right side of the relationship), then your users can link through that to see be full account record.
If you want the form to be not showing all the same fields that you do, you can copy your form and make changes. Then in settings and forms, and them forms usage, you can set a Role to use that form. I suggest just showing the link to the account in view mode.
We in the Account Form, you can put the report link field from the relationship and show an embedded report of application forms, so your users have a way back to their application form.
