The Cprehensive Budget Management Case Study Of Avic Honglin Company

Comprehensive Budget Management is the core of Business Management,and is a very effective management system which has already been proven by modern enterprises as well.Nowadays,Comprehensive Budget Management has achieved unprecedented popularization and development.Since the SASAC is making more demands on the sate-owned enterprises,the Comprehensive Budget Management,a very significant kind of management method and management system,has been put on the agenda of the central enterprises,which is also one of the marks of the globalization for a modern enterprise.The Comprehensive Budget Management is an extremely important tool for an enterprise’s daily operation,management,plan and control.Firstly,this paper introduces the current situation of the comprehensive budget management in AVIC Hong Lin company.Next,this paper researches the comprehensive budget management problems faced AVIC Hong Lin company.and analyses them systematically and deeply.Finally,this paper will put forward some suggestions to optimize and improve its comprehensive budget management.Though the researches of the comprehensive budget management in AVIC Hong Lin Company.This paper has following conclusions:a)The adaptation of the comprehensive budget management to the company’s project needs to be improved.b)The rationality and accuracy of the budget target are not good enough.c)The assessment system of budget target is not perfect.d)The budget monitoring and adjusting are imperfect.e)The budget management doesn’t adapt to the practical operation activities.Based on the conclusions above,this paper puts forward the following suggestions to the comprehensive budget management of AVIC Hong Lin company.a)To improve the adaptation of the budget to company’s project practically,it needs to understand the fundamental relationship of the budget and company’s project.If the budget is perfectly adapted to the company’s project,it is capable to achieve the target to maximize the SOE’s values.b)To perfect the system of budget system is the key to ensure budget rationality and accuracy.c)To the introduction of the performance appraisal and the balanced scorecard tool budget helps to perfect budget of examination system.d)Establish budget evaluation mechanism,change the budget supervision does not reach the designated position phenomenon.e)Apply information ability,and promote the whole process of budget management.This paper enriches the researches on the budget management in SOEs.For one thing it is practically valuable for the improvement of comprehensive budget management in AVIC Hong Lin.For another,it also has reference meaning for other enterprises in the same field to improve their budget manangement.