Research On The Improvement Of The Comprehensive Budget Management In J Group

Comprehensive budget management has entered a new stage of popularization and application in our country.However,there are fierce criticisms and discussions about the disadvantages and improvements of budget management among the academic and practical circles at home and abroad.Budget reformation has become an irreversible trend.In recent years,the state of the real estate industry regulation and control efforts continue to increase,and real estate enterprises are facing the limited purchase,limited loans,tax adjustment,monetary tightening,highly competition etc.,which are not optimistic about the internal and external environment;although the pattern of processing industry is basically stable,industry competition is more intense and the business risk exposure opportunities of real estate and processing enterprises are to increase because of serious product homogeneity.In addition,the Ministry of Finance and other national ministries have issued a number of documents,requiring state-owned enterprises should strengthen the budget management to ensure the preservation and appreciation of the state-owned assets,and comprehensive budget management is one of the important control tools to reduce business risks,ensure the safe operation of capital.So,improving the comprehensive budget management of diversified state-owned enterprises is not only in line with the trend of budget reform,but also has a great practical significance to strengthen the fine management and standardization management of state-owned enterprises.This paper based on the related research results and guided by the principal-agent theory,cybernetics,incentive theory and contingency theory uses the methods of literature research,investigating and case analysis;and it is combined with the characteristics of the business unit organization,which analyzes the present situation of the organization,budgeting,execution and control,assessment and incentive of Comprehensive Budget Management in J Group from the perspective of budget function.The study found that the comprehensive budget management of J Group has a poor budget completion,unperfect organization system,unscientific budget planning,unrigorous budget execution and control,uncomprehensive budget evaluation and incentive and so on.Thus,this paper proposed the following suggestions for improvements:establishing a sound organization system for comprehensive budget management;optimizing the budget preparation and approval process and using various budgeting methods for different budget content;regulating the budget adjustment mechanism,deepening budget analysis from multi-angles;strengthening budgetary constraint on staff in budget evaluation and using various incentives for different people;making full use of the budget management information system technology to improve its efficiency.Based on a practical case,this paper,taking the budget control function as the starting point,provides a reference for the improvement of the comprehensive budget management of J Group,what's more,the research results of this paper have some reference value for other enterprises with the same nature.