Shenhua Group's Comprehensive Budget Management Research

Comprehensive budgeting management as a kind of management tool,maximizing the enterprise value by the budgeting planning,control,examining and encouraging a series of activity under the guide of the enterprise strategic target.It can organize avail Shenhua and adjust harmoniously various economic resources of the enterprise and raise the management level and efficiency of the enterprise.It is a system engineering of modern company construction,and meanwhile it's a kind of system arrangement with integrating functions With compare to pure enterprise management,the concern points of comprehensive budgeting management have a change from result control extend to the process control,and expand to the management quantity.Therefore,the comprehensive budgeting is a management mechanism to control the company economy movement completely and achieve carry out the target of the management.with the development of the market economy,more and more enterprise groups flow out to appear.Meanwhile with the market increasingly vigorous,more and more enterprise groups begin to value comprehensive budgeting management,some enterprise groups have already built up the budget management system,and obtained some achievement.But we must realize there are still a few problems in the course of the application.traditional master budgeting ignores non-financial indexes that in feet connect with the key factors of enterprise long-term development.Recent years,many group companies have inducted the balanced scorecard into the traditional budgeting management,The Balanced Scorecard(BSC)takes into consideration both financial indexes and non-financial indexes which can supplement budget management.The development goal of the master budgeting management is to incorporate with BSC and unite result-orientation and process-orientation as a whole.This paper summarizes the meanings,basic characteristics,and develop course of budget management,and analyzes feasibility,characteristics and the construction meaning.In this paper,the case of Shenhua Group Company has been quoted to introduce the methodology of Balanced Scorecard,and est Shenhua lish the comprehensive budgeting management based on "Five Type Enterprise" which means focusing on both of finance indexes and non-finance indexes.It essentially has great effect on accomplishing the strategy budgeting,and also has great value on perfect and advice the comprehensive budgeting management to accomplish the continuing development.