The Application Research Of ABC Group Company Comprehensive Budget Management

Comprehensive budgeting is a method for company’s strategic management and target management. Its theoretic system had been well developed and is thereof, been successfully adopted by various companies worldwide. ABC Group Inc., A group company with modern management system, had been devoted to the research and practice of management mode and finally adopted the Comprehensive budgeting. This paper study the application of comprehensive budgeting in ABC Group Inc. Analyzes the method, achievements and deficiencies of ABC group Inc.’s comprehensive budgeting application. The purpose and significance is that: aiming at the deficiency during ABC Group’s application of comprehensive budgeting, explores the co-relationship between comprehensive budgeting and company’s management mode and profiting mode so as to solve the typical problems. The idea could be referenced by the national Group Inc. to improve their core competitive edge and to promote their sustainable development.There are6chapters briefed as followed.Chapter1Introduction, Gives out the background, purpose and significance to begin this study. Introduces the studying thoughts, methods and frame for this paper.Chapter2Illustrates the origins, definitions and basic theories for comprehensive budgeting. Which provides the basic theories for this study.Chapter3Illustrates the definition, features, content of comprehensive Budget management and Explains the necessity to apply it in company Group. Puts forward the difficulties for the application of comprehensive budgeting in national company group.Chapter4Introduces the background for ABC Group Incorporated to practice the Comprehensive Budgeting. Puts forward the main mode, structure and gives out the budget making process and management flowchart. for the sub-company’s budget management. Evaluates the results that ABC use comprehensive budgeting to set up the company’s strategic direction, optimize the management mode, strengthen the execute power and improved the company profit. Proves that the application of comprehensive budgeting match with ABC group Inc. and its sub-company’s developing status.Chapter5explains that ABC Group Inc. primarily solved its problems and improved the operation quality through the application of comprehensive management. However, new problems like over-centralization and mono-checking method occurs gradually along with the company’s continuous developing. Those problems becomes the main problems which hold back the company’s development. This chapter puts forward some solutions based on the basic theories for ABC Group Inc.’s reference.Chapter6Conclusion Summarizes the main contribution of this paper. That is:Through analysis on ABC Group’s comprehensive budgeting, points the deficiencies and brings forward the improvement solution. Indicates that the comprehensive budgeting match with the company’s developing status. It could be referred by other companies for their own practice. In the mean time, the paper points out that the comprehensive budgeting should be timely upgraded to match with the company’s development. It also gives the suggestions on the improvement for ABC Group Inc.’s comprehensive budgeting practice. Finally, the paper gives it’s expectation, that is, through the analysis and summarization on ABC group’s practice, try to find an effective management method which fit with national group companies’present status.