Reference no: EM132314553

Assignment

Name of the Company: National Australia Bank (NAB)

1. With specific reference to the industry in which your organization functions, briefly describe the extent to which Environmental Certainty or Uncertainty prevails, with specific reference to turbulence, hostility, diversity and complexity. Briefly outline the significance of Environmental Certainty or Uncertainty as a contingent factor, influencing your organization's newly designed MCS. Your answer should address:

a. Which controls are likely to be influenced? How will their use (i.e. interactive and/or diagnostic) be influenced? Also comment on the overall control system tightness.

b. The extent to which environmental certainty or uncertainty may influence direct and indirect costs associated with the affected controls.(2 Slides)

2. Based on your understanding of your organization, briefly describe the organizational structure adopted by your organization, with specific reference to the terms integration or differentiation, and organic or mechanistic. Briefly outline the significance of Structure as a contingent factor, and the likely influence of structure on your organizations newly designed MCS. Your answer should address:

a. Which controls are likely to be influenced? How will their use be influenced, including the Page 32 Session 1 2019 ACCG828 Assessment Guide tightness or looseness of each control?

b. The extent to which structure may influence direct and indirect costs associated with the affected controls.(2 Slides)
Each individual team member must create two (2) power point slides for Each question that address the requirements of your assigned question

Total: 4 Slides

Reading :

Article 1: Budgeting practices and performance in small healthcare businesses By Robyn Kinga, Peter M. Clarksona,Sandra Wallace.

Article 2: Management control systems design within its organizational context: findings from contingency-based research and directions for the future By Robert H. Chenhall.