Improvement Research On Comprehensive Budget Management In C Company

Comprehensive budget management has entered a new stage of popularization and application in our country. However, there are fierce criticisms and discussions about the disadvantages and improvements of budget management among the academic and practical circles at home and abroad. Budget reformation has become an irreversible trend.'Construction industry has the characteristics of needing large amounts of investment, having long development cycles and nervous funds chain, what's more, it can be influenced greatly by external factors, comprehensive budget management is one of the important management and control tools to reduce business risk and to ensure the safe operation of capital. At present, China's construction industry is under severe control policies and facing increasingly competitive market environment, to improve comprehensive budget management has great significance both for budget reformation and for construction industries to strengthen fine management and standardization management.This paper used the methods of literature research, investigating and case analysis, based on the related research results and guided by the principal-agent theory, cybernetics and incentive theory, combined with the characteristics of construction industry, analyzed the current situation and problems of the comprehensive budget management of C company mainly from the following aspects:budget organization, budget planning, budget execution and control and budget evaluation and incentive. The study found that the company's budget planning is unscientific; its budget execution and control is not rigorous and its budget evaluation and incentive is not comprehensive. Thus, this paper proposed the following suggestions for improvements:carding and standardizing the budget planning and approval process,using various budgeting methods for different budget content; Strengthening the key link of budget control, deepening budget analysis from multi-angles; strengthen budgetary constraint on staff in budget evaluation, using various incentives for different people. Based on a practical case, this paper provided a reference for the improvement of the comprehensive budget management of C company, what's more, it also has some reference value to other companies in the same industry.