Haiyang Power Supply Company's Comprehensive Budget Management Research

The comprehensive budget management is a kind of new management tools to coordinate and control the economic activities. It is based on the integration of business, capital, information and talents, to authorize moderate decentralization and achieve reasonable configuration resources, so that the comprehensive budget management can provide support for decision making in work collaboration, strategy implement and value growth. The comprehensive budget management plays an important role in guiding practice, has been one of the standard operating procedure in large corporations.With the gradual deepening of power system reform, the national grid corporation has inefficient allocation of core resources and large business cost due to the much multiple level, the long chain and unscientific management. So the corporation urgently needs to establish a comprehensive budget management system to develop the business management system, strengthen the control of core resources, and achieve intensive, flat and professional management.This paper mainly adopts the method of case study, taking Haiyang power supply company as the research object, which belongs to national grid system. It's based on related theoretical concepts of comprehensive budget management, and combines with the characteristics of electric power industry. In order to improve the analysis of business performance, clear departmental responsibilities and achieve strategic objectives, it is necessary to adopt the comprehensive budget management in electric power companies. And according to the actual situation of Haiyang power supply company, this paper analyzes the existing problems of its comprehensive budget management from several aspects: the understanding of the budget system is not deep enough, the budget institution is not perfect, the budgeting process is not reasonable, the budget control is not enough, and the budget evaluation effect is not obvious. In addition, it comes up with the improvement measures, such as deepening the budget management concept, building budget institution, improving the budgeting system, strengthen the control of comprehensive budget management, and improve budget evaluation and so on.