Research On Budget Management Of Business And Finance Integration

In today’s era,big data has become a social trend.Most companies in our country are facing various pressures.Whether companies can respond quickly to problems in today’s complex and changeable social environment,corporate budget management plays an important role in it.At present,most of our companies in budget management are mostly financial.As the basis of its management,data is processed quickly by accounting,so the importance of budget to enterprise operation is neglected,which leads to the inconsistency between the research results and the actual situation of the company.With the development of the 13 th Five-Year Plan put forward by the central government,the development and reform of power supply companies in China have been carried out to a higher level.When the power supply company realizes its own strategic planning and development prospects,from municipality directly under the Central Government to various county-level areas,the power supply company should have a sound enterprise management and a sound budget system as its development guarantee.Budget management is in line with the above requirements of the company.This paper takes T Company as the research object,based on the concept of financial integration,explores the budget management system of the enterprise and brings the strategic map theory into the exploration of the system.This research starts from the angle of basic theory,summarizes the research literature from three aspects of budget management,business-finance integration and strategic map,and studies the existing budget management system of T company by using the methods of literature research and case analysis,finds out the problems existing in the budget management of T company,and provides the basis for the improvement of T company’s budget management in the following.At the same time,XBRL financial system is introduced to study the advantages of enterprise financial integration management system.Then give the suggestion of T company’s budget management system establishment,enhance T company’s competitive advantage and development potential in this field,so that T company can develop steadily and continuously in the future,and do not provide a certain reference for the establishment of the budget management system of financial integration for enterprises similar to T company.This paper is divided into five parts: the first part,introduction.It shows the background,purpose and significance of the study,expounds the content of this study,and puts forward the innovation of this study.The second part explores the budget management system and the related theoretical description of financial integration.This paper briefly introduces the domestic and foreign literatures and reviews on budget management,the domestic and foreign literatures and reviews on industry-finance integration,the definition and characteristics of the theory of industry-finance integration budget management and the definition and development of strategic map theory.The third part,the status quo and problems analysis of T company’s budget management,points out the basic status Quo and existing problems of T company’s budget management,and lays the foundation for the following part.Based on the previous research and in view of the strategic map positioning,this paper describes the establishment of a comprehensive budget system of T Company which integrates industry and finance by using XBRL,which includes the strategic planning of enterprises and the idea of building a comprehensive budget system.Finally,this paper summarizes and summarizes the research,and points out the shortcomings and areas to be improved in this study.