Research On The Delicacy Budget Management Of Huabei Oilfiled RSH Company

Huabei Oilfiled influenced by the slump crude oil market,due to profit decreasing,RSH Ltd.has been negative impacted by rely on oil industry and oil industrial business.By having inside market policy protection,RSH Ltd.has less competition compare to other companies in the industry;therefore,RSH Ltd.is not paying enough attention to build a scientific management system,RSH Ltd.have not put comprehensive budget management very well in effect,lack of product cost control,high-priced,as well as pressure from other competitor in the same industry gradually appeared.RSH Ltd.is in need of immediate help by create a suitable,delicacy budget management system to solve current issue such as high prices,lack of competiveness in the market to extricate the company from current difficult position.This paper is researching total budget management system base on RSH Ltd.,by analyzing current budget management system effectiveness,going through actual investigation to find problem in its operation,Referencing the adhibition of Huabei Oilfiled's delicacy management system as well as western advanced scientific method,design a suitable delicacy budget management system base on strategic orientation,activity based costing,coefficient of variation,diversification evaluation,achieve the goal of optimizing the original budget management system.On the basis of theoretical research,taking the integrated service brigade of RSH Ltd.as an example to simulate the implementation of the delicacy budget management system,it indicates that,by launching the delicacy budget management,the budget organization is more streamlined,the budget target is more accurate,the budget preparation is more detailed,the control of budget execution is more effective and the budget assessment is more comprehensive.Delicacy budget management has improved the overall budget management level of RSH Ltd.,saving the cost for the company,practicing an effective allocation of resources and promoting a further exploration of the practice of delicacy budget management theory by large and medium-sized enterprises in our country.