Research On The Value-created Oriented Enterprise Budget Management

Along with financial crisis's eruption, enterprise's external environment becomes very bad. It is especially important for the enterprise to guard the risk and pursue and manage value. The budget management, as the tool of coordinating interior production operation effectively in the business, which can enhance the enterprise to control the future market ability. But the traditional budget management is not unified with the external environment's change, only try to save the enterprise interior cost expense, not very well manifest to pursue value-added. Therefore, it is urgent and important to make the traditional budget management improved and establish the value-created oriented budget management. The value-created oriented budget management pursues the maximization of enterprise's value, enhances the environment compatibility, promptly adjusts enterprise internal production operation according to the environment change, and enables the enterprise internal movement to achieve an accurate market highly effective value-created condition.The article mainly used the normalization method to research the value-added created enterprise budget management. Firstly, the article analysis the insufficiency on the budget goal, the budget drafting, the budget control and the budget assessment in the traditional budget management, proves the necessity of establishing the value-created oriented budget management, elaborates the value-created oriented budget management 's connotation and characteristic, proposed the basic framework of the value-created oriented budget management. Then it elaborates the value-created oriented budget management from the goal and the operation. The goal part elaborates the relations between the budget goal and the business goal, the budget goal influencing factor, the budget goal target choice and the way of budget target value definition, specially emphasizes the value creation and the value increment guidance in the budget targets. The operation separately elaborates from the budget drafting, the budget control, the budget assessment. The value-created budget drafting emphasis transforming the enterprise organizes platform to responding customer's flow program value creation system, selects the scientific democracy budgetary procedure and action based budget of value management idea, forms the multi-dimensions the budget form system. The value-created budget control stresses the establishment of budget warning mechanism, chooses the budgetary control pattern and the prompt flexible budget feedback report, and strengthens the risk prompt control ability. The value-created budget assessment aspect comes the comprehensive assessment through the science assessment principle and multi-dimension value-added factor target to strengthen the staff to create the more value for the enterprise, but not only pays great attention to the saving in the finance. In brief, the value-created oriented budget management can promote the ability of enterprise's value creation and value increment, which is the inevitable development trend of budget management.