Baosteel Special Steel Co., Budget Management Studies

Budget management is the general name, with which we can quantify the goal of an organization and the allocation of resources. Budget management contains a operation of the system and control mechanism, with wich we can achieve the goal. The budget management of enterprises can continued to improve ideology and constantly enhance the management level. Budget management can benefit the large and medium-sized state-owned enterprises to explore effective management control changes, in particular the business decision-making support and internal control mechanisms.This paper can offer the experience to direct the large domestic enterprises' decision-making and innovation of internal control system, by researching the implementation of the characteristics operating budget for the comprehensive management in Baosteel Ltd Co. Special Steel Branch.Foreword briefly describe the research background, purpose , significance, and the main structure. The text contained two parts, the first part expatiate the advance theory in budget management and the application budget management in the domestic and foreign enterprises, and clarify the significance of budget management's application from the theoretical background and practical. The second part mainly study the problem of specific practice . implementation of the budget management model and other details of the Baosteel Ltd Co. Special Steel Branch.