Research On Comprehensive Budget Management Of HT43 Institute

Comprehensive budget management is a systems engineering for the building of a modern enterprise, and it is also an important tool of management and control. It is of great significance for enhancing corporate financial management, improvement of internal control mechanisms, strengthening of management and control of cost, the use of funds, major financial matters and risk prevention. The status, problems and causes of the overall budget management of HT43 institute is analyzed systematically through methods of the application synthesis, comparative analysis and data analysis and more systematic solutions are presented based on a comprehensive theory and method of budget management in this paper.For the existing problems of the overall budget management such as that budget-making is not scientific or serious enough, that budget execution and monitoring functions is weakened, that the system construction of budget management organizations is not perfect and the lack of an information systems with feathers of perfect information sharing and timely and accurate feedback, it is proposed through analysis in the paper that several main reasons have caused them including unclear understanding of purpose of the overall budget of the business, the lack of budget-oriented business strategy, relaxation of overall budget and that the associated control and examination mechanism is not perfect. Based on accurate analysis of the current situation of the overall budget management, improvement measures are described from two aspects of the principles and specific content, and the favorable conditions for the implementation of improvements are demonstrated simultaneously. The proposed improvements include:First, to build and improve the internal control system of the business and to know about and adapt timely to the external environment of the comprehensive budget management. Second, to improve the management system of the comprehensive budget management including organizations and management processes and so on. Third, to establish security measures such as management information systems and incentive and restraint mechanisms. It is proposed that improvement measures should be based on the strategic objectives and development planning of enterprises and should be people-oriented and giving priority to efficiency, which has found not only the focus of the improvements but also the direction of continuous improvement and healthy development of the comprehensive budget management of this enterprise.This article has carried on beneficial exploration to overall budget management's progress of this enterprise and the author hopes that it can also have a benefit with those enterprises with similar nature to this enterprise.