| In the 1980 s,with the pace of reform and opening up,China began to actively develop budget management and explore the way of budget management on the basis of western management accounting.Since 2000,the State Economic and Trade Commission,the Ministry of Finance and other departments have promulgated a series of administrative regulations on the implementation of comprehensive budget management in enterprises,which means that comprehensive budget management has been widely recognized in China.However,the related theoretical and practical research on comprehensive budget preparation based on strategic management is insufficient,at the same time,most enterprises in China do not have enough knowledge of strategic management,lack of practical experience in budget preparation based on strategic management.How to implement comprehensive budgeting based on strategic management is still an important issue for the theoretical and practical circles of management accounting in China.As one of the three major automobile groups in China,DF Automobile Company has implemented the strategy-oriented comprehensive budget management earlier,and has a strong influence in the automobile industry.Therefore,based on the perspective of strategic management,this paper uses case studies and literature research methods to carry out research on its budget preparation.Firstly,this paper combs the relevant literature of budget preparation;secondly,it combs the related theory of budget preparation;thirdly,it collects and analyses the first-hand and second-hand information of DF Automobile Company’s comprehensive budget management,then,this paper summarizes and analyses the current situation and effectiveness of DF Automobile Company budget preparation under the strategic guidance;finally,focus on the analysis of DF Automobile Company budget preparation deficiencies and reasons,this paper puts forward corresponding optimization suggestions based on the relevant literature and theory.This paper finds that DF Automobile Company has achieved some results in the overall budget preparation process: first,it has formulated the budget management system to standardize the budget preparation;second,it has constructed the budget management framework of professional division of labor;third,it has improved the budget rationality by benchmarking and external environment analysis.However,the following deficiencies still exist in the budget preparation of DF Automobile Company: first,the decomposition of strategic objectives is not enough;second,the starting point of budgeting is not scientific enough;third,the efficiency of budget preparation needs to be improved.So DF Automobile Company can improve from the following aspects: first,to enhance the compatibility between enterprise strategy and budget preparation;second,to improve the participation of various departments in budget preparation;third,to strengthen the construction of budget management information system.The main contribution of this paper is to make a deep study of the overall budget preparation of DF Automobile Company from the perspective of strategic management.The effectiveness of DF Automobile Company’s budget preparation have been analyzed from the aspects of starting point,process and method of preparation.Based on the analysis,this paper argues that DF Automobile Company should strengthen the relationship between enterprise strategy and budget preparation,increase the participation of various departments in budget preparation,and strengthen the construction of comprehensive budget management information system.Compared with previous studies,this study provides a new perspective for the study of budget preparation in China and enriches the relevant research contents.At the same time,it has more pertinence and guiding significance for DF Automobile Company and enterprises planning to implement budget management based on strategic management. |
