A Study On The Budget Management System Of Group Company Constructed And Applied Under Strategic Orientation

The budget management is an important management control procedure in an enterprise and it is a powerful tool to ensure the realization of strategic target. But in the operation the budget is often out of joint between budget and strategy, the non- financial norm and so on, and then limits the budget's strategic function. In order to solve this problem, the paper attempts to construct the budget management system under the strategic orientation to enable the strategic mechanism function of the budget management truly to display, regarding budget as the management method in the entire process of the strategy implementation.Taking the interaction relations of enterprise budget and strategy as a starting point, the paper proposes the plan of enterprise budget. In this foundation the paper constructs the budget management goal under the strategic orientation and reconstructs the budget management system under the strategic orientation through budget establishment, execution, control, adjustment and examination. In addition, the paper proposes three security measures of implementing the budget management system under strategic orientation to ensure smooth implementation of the strategy oriented budget management.Besides theoretical research the paper chooses Pingliang New Century Group as a specific case of the empirical research. The paper presents the implementation of budget management and the previous problems in Pingliang New Century Group and redesigns the organizational system and the budget management system under the strategic oriented of New Century Group Company.