Research On Budget Management And Control Problems Of Guangzhou Automobile Component Co.,Ltd.

With the adjustment of China's economic structure and the slowdown of economic growth,enterprises in the automotive industry have gradually shifted from traditional extensive operations to lean management,and the importance of budget management in business operations has become increasingly prominent.This paper studies the development status of budget management theory at home and abroad,and sorts out the development history of China's management accounting.Taking GAC Component Co.,Ltd.(referred to as "GACC")budget management and control problems and countermeasures as the research object,the theory and practice,through the benchmarking with international advanced enterprise budget management,analyze the problems and causes of GACC budget control,and propose GACC The strategy of component budget management and optimization,the implementation process of the strategy,the safeguard measures,and the achievements and shortcomings.This paper introduces the basic information of GACC,describes its original budget management organization,system,execution control,assessment incentives and so on.The four main problems of GACC budget management and control are summarized,which are the disconnection between budget management and strategic management,the problem of budget management and control not deviating from the traditional financial accounting ideas,the lack of budget execution control and the single problem of budget assessment indicators.Research and analysis on these issues revealed that the company has defects in organizational structure,management accounting talents and methods,budget and business integration,and assessment incentives.Combining budget management theory with domestic and international excellent enterprise cases,the author proposes to introduce policy management,introduce scientific management accounting tools,introduce cost planning,draw on balanced scorecard optimization evaluation indicators and other budget management optimization measures,and improve organizational structure and management.Accounting professionals have put forward safeguard measures by strengthening budget execution management,improving budget control and evaluation system,etc.,so that the level of GACC budget control can be significantly improved,and provide samples and references for budget control optimization of China's auto industry.