The Research On The Compilation Of Enterprise Groups’State-owned Capital Operation Budget

As a socialist country, Chinese government is the public manager of the society, and also the owner of the state-owned asset. On account of these two functions, in a long period after the founding of state, the government gave so much intervention to state-owned enterprises, and didn’t follow the market laws, which lead to state-owned enterprises’lacking of energy and lowing the efficiency. By more than30years of reform and opening up, China’s market economy system and the operation system for state-owned assets ongoing reform, the two functions of the government are gradually separated, and the decentralization is given to the state-owned enterprises, in which, the separation of ownership and managerial authority is gradually realized. State-owned enterprises become more and more independent operation, and the market main body responsible for their own profits and losses, but, it doesn’t mean government do not supervise state-owned enterprises, not even, the government lose the functional identity of the owner of state-owned enterprises.For increasing the vitality of state-owned enterprises and reducing burdens of them, from1994to2007, the state did not ask state-owned enterprises to hand the profit over, which leaded the state to lose the rights of profit-collection periodically. After the year of2002, the profits of state-owned enterprises realized gradual high growth, however, this part of profits did not handed over to the state, but, retained it, or reinvested. While, the reinvestment of state-owned enterprises sometimes does not conform to the development of our national economy strategy, either cannot meet the state of state-owned economy strategic layout adjustment requirements. National budget, as the direction and range of tools to reflect the government behavior in the future, formulation of state-owned capital operation budget independent of the government public budget is the inevitable demand adapt to the economic development. The compilation of state-owned capital operation budget receives more and more attention of the academic circles and government departments. On the8th September,2007,"the Opinion of the State Council on the Trial Implementation of State-owned Capital Operation" issued, proposed the preliminary framework of state-owned capital operation budget, and decided to prepare the central government’s state-owned capital operation budget in2008.In the situation of launching state-owned capital operation budget and developing theoretical research, domestic specialists and scholars discuss the definition, the property, the subject and the system-building, and got lots of achievement. This paper focus on the second level-state, owned of the group of enterprises (belonging to state-owned capital operation organization), of the three levels.This paper adopts the normative research, and focuses on the research of state-owned capital operation budget of the group of enterprises, and has five parts. The first part is introduction, recommending the background, meaning of selecting this subject, research status and subject, and the main content. The second part is the fundamental theory of state-owned capital operation budget. Beginning with the view of concepts, analysis the relationship between state-owned capital operation budget and the state-owned capital investors (including State-owned Assets Supervision and Administration Commission and other departments within state-owned capital operation budget); and then, research the system-building of state-owned capital operation budget, including the subject, the content, the index, the procedure and so on. The third part according to anglicizing a series file of the Party Central Committee, especially the file attached budgeting form, concludes the current situation and problem of state-owned capital operation budget and tries to find the reason of the problem. The forth part is the advice of state-owned capital operation budget. This part includes the improvement of legal standard, building the system of state-owned capital operation budget, perfecting the content of budget, and launching the level of budget establishment technology. The fifth part is conclusion, mainly including research exploration and enlightenment, and the shortage of research.The innovation of this paper lies in the following four aspects:first, the subject is novel, and the research perspective is unique. This paper focuses on the week link of the theory research of the state-owned operation budget, the state-owned capital operation budget of the group of enterprises, and the analysis and definition of the group of enterprises. Second, improving the content of state-owned capital operation budget of the group of enterprises, on the base of the ministry of finance requesting the group of enterprises preparing expenditure budget, this paper adds the budget based on the cash basis and the financial budget based on the accrual basis, and designs the relevant forms. Thirdly, construct the budget index system corresponding to the budget content, and design the index system of the degree of budget implementation and the index system of business performance, according to the financial budget. Finally, the overall guiding ideology of the compilation of the state-owned capital operation budget of the group of enterprises is the budget of revenues and expenditures and the process control, which is the main line of writing this paper, based on this, designed the budgeting system.