A Study On Value-Chain Budgeting Management Of Enterprise

Along with fiercer market competition in recent year, Value Chain Management, as an advanced management theory, has been accepted by theory and practice field day by day and been an important direction in developing management accounting. Value-chain accounting, proposed by Prof. Yan recently, provided the direction and valuable reference for current accounting model revolution. Directed by the theory of value chain management, this paper tries to do exploratory research into value chain budget management based on traditional budget management method.In this paper, enterprise value chain budget management system was systematically built as the foundation of budget management in an executory way. Besides, this paper also made research on the organization and control method of value chain budget.This paper firstly built the system of value chain budget management organization and implementation, presented the idea of combining budget index system with Balance Score Card, and added the analysis and optimization of value chain into traditional management. Secondly, the impact of value chain analysis and optimization on budget organization was discoursed in qualitative and quantitative ways; the steps of value chain budget organization, built on the similarities and differences with Activity Base Budget, was combined with strategic organization methods, such as flexible budget and rolling budget, in order to be better suited for variable market environments. Thirdly, this paper analyzed the principle of selecting value chain budget control mode generally as well as under different strategic targets, and the reasons and characteristics of industry value chain budget implementation and control as compared with traditional budget control. Finally, this paper employed the control method of traditional performance feedback report and variation analysis, analyzed the financial and non-financial information according to feedback and variation, designed a series of performance feedback report format and researched on variation analyze method on the emphasize of activity financial information.