The Case Study Of H Company Of Operating Budget Management

Comprehensive budget management has become one of the most important pattern for a modern enterprise.As the main parts of comprehensive budget management,operating budget and financial budget begin with production management and financial management respectively.They make preparations for the development of an enterprise from different aspects of budget management.Budget management refers to predict and project the future business activities and the corresponding financial results under the guidance of strategic target,contrast and analysis the actual completion with budget targets by monitoring the implementation process to improve and adjust the business activities timely,which can help the manager to manage the enterprise more effectively and to achieve the strategic goals.By studying the case of H enterprise,this paper finds out problems and offers solutions,which can give references to relevant enterprises.this paper finds out and makes a comprehensive analysis of the problems H enterprise faced in Operating Budget Management.This paper firstly introduces H enterprise and its basic industrial situation,as well as the situation of H enterprise in operating budget;Then,this paper finds out and makes a comprehensive analysis of the problems and risks that H enterprise faced in terms of operating budget;Finally,this paper puts forward solutions to improve the current operating budgett.The analysis results show that:(1)the enterprise doesn't have a clear operating budget goal and the strategic concept needs to confirm;(2)the compilation time is lag and improvement is required in budgeting;(3)the operating budget cannot be executed correctly due to jagged capabilities;(4)Budget supervision needs to strengthen since control in the event is poor;(5)Budget for Results makes the operating budget assessment incomprehensive.According to the above analyses,this article proposes the following suggestions.(1)Clarify the assessment to implement the enterprise strategy(2)Improve the budget method;(3)Improve personnel quality to improve the executive force;(4)Strengthen real-time control in budget supervision;(5)Introduce process in budget performance to ameliorate budget performance targets.This paper enriched the study of management budget for non state-owned enterprises,which can help to improve the budget management level of H enterprise and give reference for other companies in this industry.