Research On Comprehensive Budget Management Of A Biological Vaccine Co., Ltd.

Comprehensive budget management is a new business management model, which is one of the most effective methods of the modern enterprise management. It has great significance to reduce the risk of enterprise operation, improving management efficiency, and maximize profits of enterprises.In this study, Company A as the research object of the comprehensive budget management, that is the limited company for produce biological vaccines. The overview of A Ltd. Company and the current situation of budget management have been described in the first part. Then the paper elaborated the background of the implementation of comprehensive budget management, and the current preparation of the budget management process and method, the budget control and evaluation. Through the analysis of A Ltd. Company's comprehensive budget management, the paper summarized problems of the process of implementation of comprehensive budget management, also analyzed the reason for the issues of enforcement for the budget, budget accuracy, timeliness of budget adjustments, budget evaluation and the scope of budget management. This article combined the strategic management and budget management to clear the strategy direction of A Ltd. Company's comprehensive budget management, and re-design the budget process. This essay applied the strategic management of the Activity-based Costing (ABC) method and the Balanced Scorecard method for the compilation process of A Ltd. Company's comprehensive budget management, and the scientific establishment of the company's operational budget and financial budget of the indicators. Finally, this study in-depth analyzed for the process control and evaluation of A Ltd. Company's comprehensive budget management and other aspects, which provided the guarantee for effective implementation of the comprehensive budget management, also provided the countermeasures and suggestions for A Ltd. Company's comprehensive budget management.