The Research On The Design Of FS Company's Comprehensive Budget Management System Based On The Balanced Scorecard

The budget management has been paid more and more attention and widely used in the enterprise,mainly because it plays an important role in the enterprise management practice,such as the effective allocation of the enterprise resources,improving the efficiency of the enterprise production and management,and is beneficial to the scientific performance evaluation of the departments and employees.With the renewal of science and technology and the increasingly fierce competition in the market,more and more enterprises begin to carry out comprehensive budget management,improve the manage,ment system of enterprises through budget,improve the efficiency of the allocation of resources and deepen the communication between various departments.However,the limitations of traditional budget management are also increasingly prominent,too much attention to business details,resulting in the budget is difficult to reflect the overall strategy of the company;concentrate on results regard of the process,leading to the budget slack;the control effect is not obvious because of poor budget execution and so on.Therefore,enterprises begin to recognize the necessity of reforming the traditional budget management,and as a result a lot of corresponding research appeared.In practice,enterprises are also exploring how to improve the effect of budget management.The biggest advantage of the balanced scorecard is that it can decompose the enterprise strategy into the corresponding driving factors and form the performance evaluation index,which are specific and balanced,so as to achieve the organic integration with the strategic objectives and improve the disadvantages of the traditional budget management.In practice,Vanke and Huarun have constructed the budget management based on the balanced scorecard,and constructed various assessment indicators based on the balanced scorecard.In addition to the traditional financial evaluation indicators,it also includes the performance evaluation index of customer,internal operation and learning and growth,and transforms the strategic target into action.The direction of the balanced scorecard can really be promoted and run in the company,which also gives inspiration to the design of this paper.This paper,based on the study of knowledge and related theories,combines with the understanding of the budget management and the current situation of the budget management.of the company during the work of FS company,and through the study of the main problems existing in the current budget management of the FS company,and on this basis,the balance scorecard is introduced to optimize it,which is to build a comprehensive budget management index system based on balanced scorecard.In this way can improve the budget management level of FS company and make the budget play its due role.The main idea of this paper is to introduce a balanced scorecard in the budget management of FS company,and make a concrete design for the construction of the index system based on the actual situation of FS company.The design idea is:first,the strategic objectives are determined according to the vision of FS company and the analysis of the internal and external environment;secondly,the strategic objective is decomposed from the four dimensions of the scorecard and the success factors of each dimension are analyzed.Then,the successful driving factors are converted into budgetary indicators,and the target values are set for the selected key budget indicators.Finally,the process of budget implementation,adjustment and evaluation based on the balanced scorecard is optimized.In order to ensure the smooth implementation of the balanced scorecard based comprehensive budget scheme,this paper puts forward relevant safeguard measures for the possible difficulties,including strengthening the learning of the Balanced Scorecard concept,establishing a perfect organization structure of budget management,and building a supporting platform for information system.In theory,it is feasible to build a budget management system based on Balanced Scorecard,but it needs to be designed according to local conditions.In practical application,the organic combination of Balanced Scorecard and budget management can play a complementary advantage and synergy effect in enterprise strategic management.It has a good prospect.