A Research On The Construction Of Comprehensive Budget Management System Of CZ Tobacco Company On The Basis Of Strategic Orientation

Since the State Council promulgated the "Basic Rules for Establishing a Modern Corporation System and Strengthening Management in Large and Medium-sized State-owned Enterprises" in 2000,the proportion of large and medium-sized state-owned enterprises which implement comprehensive budget in China have been about one-third.The Tobacco industry is a big tax and profit producer in China.With the continuous reform in the tobacco industry,tobacco companies have accelerated the pace of organizational restructuring.The Tobacco industry,which has departed from the planned economy structure,urgently needs to explore a path suitable for its own development between planning and marketing,emphasize internal control supervision,and improve and optimize comprehensive budget management.Budget management can control the company's internal operating activities,avoid the company's financial and operating risks,improve the company's performance evaluation,optimize the company's resource allocation,and ensure the company's goals of decomposition and implementation.Based on the characteristics of the development in tobacco industry,this paper analyzes the general situation of CZ Tobacco Company in its implementation of comprehensive budget management.Based on the specific conditions of CZ Tobacco Company's management mode,standard system and organizational structure,this article elaborates the budget management from the aspects of preparation,implementation,control,adjustment,feedback,and the final analysis and evaluation.In the process of analyzing CZ Tobacco Company as a case,the paper combines quantitative analysis with qualitative analysis.First,the paper analyzes issues of CZ Company in the comprehensive budget management through the analysis of budget data,and analyzes the reason using method of qualitative.Then the paper strives to explore a set of comprehensive budget management system against the problem,determines the budget indicators based on the strategic objectives,in order to achieve efficiency,reduce costs,and strengthen the ability of enterprises to adapt to increasing profits and taxes.This article is made up of six parts.The first part is an introduction,introducing the background and significance of the thesis selection,the current situation of the research on budget management both at home and abroad,and the research methods and contents of thispaper.The second part is about the theory of comprehensive budget management,introducing the basic meaning and the methods and processes of comprehensive budget management so as to make its connotation more complete.The third part is the current situation of CZ Tobacco Company's comprehensive budget management.It describes the basic situation of CZ Tobacco Company and the operation status of the existing comprehensive budget management,including the main structure of company organization,the preparation,implementation and control,adjustment and evaluation of the main application content of comprehensive budget management.Then this paper analyzes the problems existing in the implementation of the comprehensive budget management system,and investigate the reasons of it.The fourth part is the construction of a strategically oriented comprehensive budget management system.Firstly is the construction of the strategically oriented comprehensive budget management system and the premise for its implementation.And then is the determination of strategic objectives and budgetary indicators.The last is the design of a strategically oriented comprehensive budget management system.Including the preparation,implementation and feedback,adjustment and evaluation of the comprehensive budget.The fifth part is the implementation of CZ Tobacco Company's strategically oriented comprehensive budget management.Based on the previous part of the system,it constructs a comprehensive budget management system suitable for CZ Company and analyzes the expected results.The sixth part is the conclusion,summarizes the paper,puts forward the problems in the research and further research direction.This article builds a strategically oriented comprehensive budget management system and uses CZ Tobacco Company as a case to analysis.It allows tobacco companies to adopt a comprehensive budget management to establish awareness of active prevention of various risks and reduce the losses caused by risks so as to achieve maximum economic benefits.However,due to time reasons,there is no detailed description about the relationship between the implementation of the comprehensive budget management and the provincial companies,nor does it consider the controversy of CZ Corporation under the vertical leadership of the provincial companies on certain management methods,which has certain limitations.