Thinking About Budget Management System Implemented By A Communication Co. Ltd.

After the entering of china into WTO, the domestic enterprises are in the environment consisting of knowledge-economy and global integration. At the same time, with the entering of oversea enterprises, it is urgent for China to build his own big scaled and super scaled group corporation to resist the intense competition. As the core spirit of the modern management system, overall budget management is widely adopted by foreign famous companies. Above all, the application of overall budget management in Chinese companies (especially for industrial companies) is playing an important role in the foundation of modern company system, improvement for the management level and reinforces the capability for market competition. This goal of this article is to apply budgeting management theory and practice to industrial enterprises and aims at improving the management level and economic benefits of them. Firstly, the paper introduces the historic development process of budgeting management thought. Secondly, beginning with the basic theory, this article is doing a complete study for the overall budget management. In addition, this thesis specially analyzes the present condition, problems and reason of budgeting management about Chinese enterprises. Then, it deeply studies management features of industrial corporations in china, the relation between organization structure and budget management, the relation between modern company system and budget management. Then, through the case study for overall budget management of A Company, the paper put the emphasis on how to establish a rational overall budgeting system for industrial companies in china, respectively introducing the process of drawing up, controlling, adjusting and evaluating for the budget and analyzing the key points for fulfillment of overall budget management. Moreover, it also puts forward some new ideas of how to combine with the company's reality during the fulfillment. Finally, this article draws a conclusion and foresees for future of budget management.