Research On The Construction And Implementation Of The Comprehensive Budget Management System Of A Company

Comprehensive budget management originated in the 1920 s in the United States, which is widely adopted by some large enterprises after 1980 s. It has gradually become an important management tool. However, it was introduced to our country by the background of reform and opening, deepen exchanges of China and the West as well as the development of market-oriented degree. Not until last century it was adopted and deeply researched by our enterprise with the development of information technology and the widely used computerized accounting. Comprehensive budget management is based on the budget management. In order to achieve the strategic objectives and business objectives, people arrange all the business activities for a period of time by using some given method. It covers all the aspect of enterprises operating activities, such as business activities, fund raising activities, investment activities and human resources management activities. Compared with traditional enterprise budget management which is taking finance for center, comprehensive budget management emphasizes full participation, the whole process management, comprehensive response and the dynamic environment. Full participation is the first feature that comprehensive budget management is different from traditional budget management whose management is mainly involved in financial staff. So comprehensive budget management emphasizes that each person is the main body of budget management, that is mean, department staffs in enterprise will participate all the sections from the budget management organization design, preparation, adjustment, execution, supervision, assessment to analysis. The advantage is that, on the one hand, the company's business objectives will be better refined, implemented and enforced; on the other hand, it will be better to complete the budget target by mobilizing staff to participate the management. F ull participation is the second feature that compared with traditional budget management which is often make budget at the beginning of the year and managers are less involved in the budget execution, adjustment, control, super vision, evaluation and analysis in the following process, however, comprehensive budget management emphasizes the whole process management and managers should be on every detail of the budget so as to ensure the realization of goals. Refers to comprehensive response, compared with the traditional bud get management which is always dominated financial situation by financial personnel, comprehensive budget management emphasizes comprehensive response should throughout all the business activities. It should not only reflect financing activities but also business activities and proceeds activities, etc. The last is the dynamic environment means we won't only care about internal environment and ignore the external for taking the finance as the center. Comprehensive budget management emphasizes the connection between the management of enterprises with external environment. And pay attention to the influence of the changing of the internal and external environment in order to adjusting business strategy to adapt the new market environment in time.As we mentioned above, this paper introduces the background and meaning first to point out the necessity of construction and implementation of the comprehensive budget management system of Company A. Afterwards, this paper introduces the meaning, characteristic, function and management flow of the comprehensive budget management by elaborating the situation about this theory in our country and abroad. And take A company for example to elaborating the basic situation of the enterprise, the current budget management, the problems in the budget management and the causes of the problem. Then I combine comprehensive budget management theory with the actual situation of A company to reconstruct comprehensive budget management system. Meanwhile, this paper discusses about the budget management organization, budgeting and adjustment, monitoring and execution, analysis and assessment. And also we analyze the basic situation of the enterprise, current situation of budget management, budget management problems and causes of the problem. Combining the comprehensive budget management theory with the actual situation of A company, this paper reconstructed comprehensive budget management system. We made a detailed discussion from the budget management organization setting, budgeting and adjustment, budget supervision and execution, budget analysis and assessment. At last, I made a conclusion about this paper and discuss about the shortcomings and prospects for the future. It is hoped that the study of this paper can provide some reference for the construction and implementation.