Research On SH Company Budget Management Issues And Improvement

The 40 years of reform and opening up have witnessed the rapid development of China's economy and the rapid growth of state-owned capital.With the rapid development of social economy,the scale of state-owned enterprises in China is increasing day by day,which provides a strong driving force for China's economic growth and becomes the core pillar of socialist market economy.In the new century,especially in the report of the 19 th National Congress of the Communist Party of China,it is proposed to improve the management system of all kinds of state-owned assets,reform the authorized management system of state-owned capital,speed up the adjustment and optimization of the layout and structure of the state-owned economy,focus on the strategic adjustment of the state-owned economy,do a good job in preserving and increasing the value of state-owned assets,promote the strengthening,optimization and enlargement of state-owned capital,etc.,and a lot of supporting policies have been issued Preferential policies.With the help of the current favorable policies,for most of the small and medium-sized state-owned enterprises,the current is the key period for the transformation and upgrading of enterprises.As an effective management method,budget management has been accepted by more and more enterprises after long-term theoretical development and practical test.In recent years,most researchers found that due to many reasons,such as the lack of comprehensive ability of employees,the lack of internal resources,the lack of attention of enterprise management and so on,the budget management failed to play the expected effect,and the implementation and promotion of small and medium-sized state-owned enterprises were unsatisfactory.Although most enterprises have used advanced enterprises for reference to establish relevant budget management system,there are many reasons,such as the deviation of budget objective and enterprise objective,too single budget preparation method,relatively simple budget assessment method,and imperfect incentive mechanism in the later period.It is for these reasons that the budget management should play an important role.This paper chooses SH company as the research object,and SH company as the third production enterprise of Henan tobacco manufacturing enterprise,with registered capital of 10.763 million yuan and annual sales revenue of 145 million yuan.The company introduced the budget management system around 2014 at the request of the superior company.Over the past five years,the sales revenue and net profit of enterprises have achieved rapid growth.As far as the actual situation of enterprises is concerned,SH company has a wide range of business and complicated budget preparation.As a special status of state-owned enterprises,it has a strong reference value in budget management.By analyzing the actual situation of enterprise budget management,this paper finds out the problems and causes of enterprise budget management.Combining with the actual situation of SH company and referring to the good practices of other excellent enterprises in budget management,this paper puts forward some strategies and methods to improve the existing problems in enterprise budget management,and hopes to provide experience and reference for similar enterprises in budget management.In this paper,the theoretical analysis and case study are combined to carry out the analysis according to the following levels: first of all,the domestic and foreign budget management related theories are described in detail,and the relevant theoretical basis is introduced.Secondly,this paper introduces the operation of SH company and the related system documents of budget management.Through questionnaire survey and comparative analysis,it summarizes the existing problems and causes of budget management.Finally,according to the problems and causes,the current strategic objectives of the enterprise are summed up by situation analysis.By introducing external financial experts and strengthening the training and management of employees,we can improve the level of budget management and enrich the means of budgeting.The budget management committee and three-level budget management system are rebuilt,the current budget management system of the enterprise is optimized,and the problem of data transmission distortion in the process of budgeting is solved.According to the business essence of each department,the relevant responsibility center is determined,the budget assessment mechanism is improved,and how to do a good job in incentive and restraint mechanism is proposed.