Application Research Of Comprehensive Budget Management In State-owned Enterprises

Faced with increasingly fierce market competition, the company’s internal organization and management way has had the profound change and the company financial management put forward higher request. At the same time, in order to strengthen the internal management and abilities to deal with competitiveness and market risk, we need a scientific management method to meet with this trend. Comprehensive budget management is one of the core contents of enterprise management. After reform of the state-owned enterprise system, many large state-owned enterprises have implemented comprehensive budget management to seek higher development. Comprehensive budget work includes budget target, budget preparation, budget analysis, budget control, budget assessment and so on.Based on a large number of literature researches and summaries, the paper analyzes current situation of the development of enterprise budget management at home and abroad. We can conclude that comprehensive budget management is a kind of effective, integrated, comprehensive management method with full control.Through the research of S electric company’s comprehensive budget management, the paper wants to make readers have a further understanding of comprehensive budget management theory and actual operating procedures.First of all, this paper introduces the research background and significance of the comprehensive budget management and illustrates that the implementation of comprehensive budget management system can promote the enterprise strategic management ability and has a positive impact on the business operation and risk aversion. At the same time, this paper also introduces the basic theories of comprehensive budget management and situation of theory practices both at home and abroad which can provide the solid theoretical basis for other cases.Secondly, based on the situation of S electric company, the main body of this paper mainly analyzes the implementation and operation situation of comprehensive budget management in detail to find out the budget management problems that exist in the implementation process. This paper briefly introduces the company’s background and focuses on the specific budget implementation process concluding budget target, budget preparation, budget analysis, budget control, budget assessment and so on.Thirdly, since S electric company has run comprehensive budget management system, although it has achieved certain results in the budget establishment, execution, control, evaluation and cost control and provides effective basis for scientific judgments and decisions, the application of the system is still not perfect and remains problems. From three aspects of budget preparation, budget control and budget analysis and budget evaluation, this paper analyzes the problems existed in comprehensive budget management of S electric company.Finally, the paper discusses measures to improve the S electric company comprehensive budget management, mainly includes perfecting budget index system, applying advanced budget method, strengthening budget implementation, speeding up budget information construction, perfecting mechanism of rewards and punishment mechanism, etc.Main innovation point is that the paper makes full use of comprehensive budget management theories to analyze the application situation and implementation effects combined with S electric company’s actual situation. And then, the paper pointes out its problems and puts forward the corresponding improvement measures which have high practical value and significance.Comprehensive budget management is a complicated system. Due to my limited abilities, the paper has carried on the preliminary discussion of comprehensive budget management in S electric company and has not yet been able to build a new, detailed budget management system. Thus, it is worth as a future research direction in depth.